NGEx Minerals (TSX:NGEX) Volatility: 39.89% (As of Jun. 25, 2026)


TSX:NGEX NGEx Minerals Ltd TSX:NGEX
37 GF Score
Price C$24.31
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What is NGEx Minerals Volatility?

NGEx Minerals TSX:NGEX +2.88% 37 Volatility is 39.89% as of Jun. 25, 2026. GuruFocus rates TSX:NGEX with a GF Score™ of 37/100.

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2026-06-25), NGEx Minerals's Volatility is 39.89%.

NGEx Minerals  (TSX:NGEX) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

NGEx Minerals Volatility Related Terms

NGEx Minerals Volatility Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NGEx Minerals's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NGEx Minerals Volatility vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NGEx Minerals's Volatility distribution charts can be found below:

* The bar in red indicates where NGEx Minerals's Volatility falls into.


TSX:NGEX
37GF Score
NGEx Minerals Ltd TSX:NGEX
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
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NGEx Minerals  (TSX:NGEX) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * √12
=√ 1/(n-1) ∑(Ri - R')^2 * √12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 39.89% mean?
NGEx Minerals (TSX:NGEX) has a Volatility of 39.89% as of Jun. 25, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on NGEx Minerals and its competitors.
Is NGEx Minerals' Volatility too high?
NGEx Minerals' current Volatility is 39.89%. Overall, NGEx Minerals has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does NGEx Minerals' Volatility compare to competitors?
NGEx Minerals' Volatility of 39.89% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for a Metals & Mining company?
A good Volatility depends on the Metals & Mining industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on NGEx Minerals and its competitors. NGEx Minerals's current Volatility is 39.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGEx Minerals stock overvalued right now?
NGEx Minerals (TSX:NGEX) has a current Volatility of 39.89%. The current Volatility is 39.89%. NGEx Minerals' overall GF Score™ is 37/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For NGEx Minerals (TSX:NGEX), the current Volatility is 39.89% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NGEx Minerals Business Description

Other Exchanges NGXXF:USA2XM0:Germany
Address 1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
NGEx Minerals Ltd is engaged in the acquisition, exploration, and development of mineral properties in South America. It operates as a copper and gold exploration company based in Canada, focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina, and the nearby Los Helados copper-gold project. The reportable projects of the company are the Los Helados Project, Lunahuasi project, and Maricunga Properties.
37GF Score

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Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.31
Price