The WACC of Steppe Gold Ltd (STGO.TO) is 7.8%.
| Range | Selected | |
| Cost of equity | 5.20% - 10.20% | 7.70% |
| Tax rate | 5.90% - 9.50% | 7.70% |
| Cost of debt | 7.00% - 11.50% | 9.25% |
| WACC | 5.4% - 10.2% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.3 | 0.9 |
| Additional risk adjustments | 0.5% | 1.0% |
| Cost of equity | 5.20% | 10.20% |
| Tax rate | 5.90% | 9.50% |
| Debt/Equity ratio | 0.15 | 0.15 |
| Cost of debt | 7.00% | 11.50% |
| After-tax WACC | 5.4% | 10.2% |
| Selected WACC | 7.8% | |