today's wacc — Goldⓘ

9.56%

+ new wacc

all›Materials›Metals & Mining›Gold

Montage Gold12.62%

IAMGOLD12.49%

Equinox Gold12.28%

Fortuna Mining12.25%

NovaGold Resources12.19%

New Gold11.91%

Osisko Development11.58%

Aris Mining11.52%

i-80 Gold11.52%

Alkane Resources11.50%

Evolution Mining10.98%

China Gold International Resources10.79%

Rupert Resources10.69%

Artemis Gold10.65%

Northern Star Resources10.59%

Seabridge Gold10.55%

Capricorn Metals10.54%

Lundin Gold10.50%

Regis Resources10.47%

Centerra Gold10.45%

OceanaGold10.42%

Pan American Silver10.40%

Bellevue Gold10.32%

Hecla Mining10.32%

Resolute Mining10.21%

Torex Gold Resources10.17%

Kinross Gold10.13%

Coeur Mining10.10%

OR Royalties9.99%

Pan African Resources9.98%

Alamos Gold9.86%

Beijing Kingee Culture Development9.85%

Eldorado Gold9.84%

West African Resources9.77%

McEwen Mining9.71%

Catalyst Metals9.67%

Genesis Minerals9.59%

K92 Mining9.58%

DPM Metals9.56%

Wheaton Precious Metals9.55%

Ramelius Resources9.54%

Aura Minerals9.52%

Western Region Gold9.48%

B2Gold9.42%

Perseus Mining9.39%

Orla Mining9.38%

Vault Minerals9.23%

Barrick Gold9.23%

Ora Banda Mining8.97%

Endeavour Mining8.94%

Wesdome Gold Mines8.80%

Zhongjin Gold8.80%

Zijin Mining Group Company8.74%

PT Archi Indonesia8.69%

Franco-Nevada8.67%

Asante Gold8.62%

Harmony Gold Mining Company8.61%

Emerald Resources NL8.59%

Gold Fields8.56%

SSR Mining8.32%

Westgold Resources8.31%

Zhaojin International Gold8.22%

Sibanye Stillwater8.20%

Agnico Eagle Mines8.16%

G Mining Ventures8.15%

AngloGold Ashanti8.00%

Zhaojin Mining Industry Company7.89%

Shandong Gold Mining7.77%

Predictive Discovery7.77%

Perpetua Resources7.70%

Hochschild Mining7.63%

Lingbao Gold Group Company7.53%

Royal Gold7.51%

Chifeng Jilong Gold Mining7.47%

Newmont7.35%

Triple Flag Precious Metals6.85%

Tongguan Gold Group6.82%

Snowline Gold6.06%

Robex Resources5.56%

ARE Holdings5.32%

methodology

WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.

Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).

Data is updated daily. Read our full methodology on the sources page.