today's wacc — Goldⓘ

9.60%

+ new wacc

all›Materials›Metals & Mining›Gold

Montage Gold12.33%

IAMGOLD12.30%

Fortuna Mining12.22%

NovaGold Resources12.07%

Equinox Gold11.96%

New Gold11.74%

Osisko Development11.58%

i-80 Gold11.57%

Alkane Resources11.56%

Aris Mining11.56%

Rupert Resources11.55%

Evolution Mining10.93%

Regis Resources10.82%

China Gold International Resources10.79%

Seabridge Gold10.72%

Centerra Gold10.69%

Northern Star Resources10.59%

Capricorn Metals10.58%

Pan American Silver10.43%

Artemis Gold10.43%

Lundin Gold10.34%

Bellevue Gold10.33%

OceanaGold10.16%

Resolute Mining10.14%

Pan African Resources10.14%

Kinross Gold10.08%

Hecla Mining10.06%

Coeur Mining10.05%

Torex Gold Resources10.02%

Beijing Kingee Culture Development9.91%

OR Royalties9.87%

Genesis Minerals9.85%

Catalyst Metals9.81%

Alamos Gold9.72%

Eldorado Gold9.69%

Aura Minerals9.67%

K92 Mining9.65%

DPM Metals9.60%

McEwen Mining9.59%

West African Resources9.58%

Ora Banda Mining9.53%

Western Region Gold9.51%

Wheaton Precious Metals9.49%

B2Gold9.48%

Ramelius Resources9.46%

Perseus Mining9.39%

Vault Minerals9.38%

Barrick Gold9.21%

Collective Mining9.11%

PT Archi Indonesia8.95%

Orla Mining8.92%

Zijin Mining Group Company8.90%

Endeavour Mining8.87%

Harmony Gold Mining Company8.82%

Zhongjin Gold8.75%

Wesdome Gold Mines8.68%

Franco-Nevada8.65%

Gold Fields8.61%

Emerald Resources NL8.50%

Sibanye Stillwater8.40%

Westgold Resources8.35%

Asante Gold8.30%

Zhaojin International Gold8.27%

SSR Mining8.27%

G Mining Ventures8.25%

Hochschild Mining8.06%

AngloGold Ashanti7.99%

Zhaojin Mining Industry Company7.92%

Agnico Eagle Mines7.86%

Predictive Discovery7.81%

Perpetua Resources7.68%

Shandong Gold Mining7.46%

Lingbao Gold Group Company7.45%

Newmont7.43%

Royal Gold7.25%

Chifeng Jilong Gold Mining7.25%

Tongguan Gold Group7.05%

Triple Flag Precious Metals6.83%

Snowline Gold6.54%

Robex Resources6.12%

ARE Holdings5.35%

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.