Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
AAUC
Deeply overvalued
Allied Gold Corp
Price$19.63
Model IV$5.46
P/IV4.20
Premium +260%
Return to IV: -72.2%
Market implies +24.4%/yr
vs model +8.0% · above model
AEM
Valuation N/A
AGNICO EAGLE MINES LTD
Price$183.87
Model IV—
P/IV—
Market implies +32.4%/yr
vs model +8.0% · above model
AG
Valuation N/A
FIRST MAJESTIC SILVER CORP
Price$16.98
Model IV—
P/IV—
Market implies +71.0%/yr
vs model +2.8% · above model
AGI
Valuation N/A
ALAMOS GOLD INC
Price$32.22
Model IV—
P/IV—
Market implies +31.3%/yr
vs model +8.0% · above model
ARIS
Valuation N/A
Aris Mining Corp
Price$16.76
Model IV—
P/IV—
Market implies +32.7%/yr
vs model +7.7% · above model
ATCX
Valuation N/A
ATLAS CRITICAL MINERALS Corp
Price$2.52
Model IV—
P/IV—
Market implies +53.9%/yr
vs model +5.0% · above model
AU
Deeply overvalued
AngloGold Ashanti PLC
Price$90.78
Model IV$19.45
P/IV5.37
Premium +367%
Return to IV: -78.6%
Market implies +29.0%/yr
vs model +8.0% · above model
AUST
Valuation N/A
Austin Gold Corp.
Price$0.97
Model IV—
P/IV—
Market implies +38.7%/yr
vs model +5.0% · above model
AYA
Valuation N/A
Aya Gold & Silver Inc.
Price$26.32
Model IV—
P/IV—
Limited data — see page
B
Deeply overvalued
BARRICK MINING CORP
Price$39.99
Model IV$9.23
P/IV4.33
Premium +333%
Return to IV: -76.9%
Market implies +26.1%/yr
vs model +6.2% · above model
BTG
Deeply overvalued
B2GOLD CORP
Price$5.12
Model IV$2.24
P/IV2.24
Premium +129%
Return to IV: -56.3%
Market implies +16.1%/yr
vs model +5.0% · above model
CDE
Valuation N/A
Coeur Mining, Inc.
Price$16.87
Model IV—
P/IV—
Market implies +55.1%/yr
vs model +8.0% · above model
CGAU
Valuation N/A
Centerra Gold Inc.
Price$21.82
Model IV—
P/IV—
Limited data — see page
CHNR
Valuation N/A
CHINA NATURAL RESOURCES INC
Price$3.97
Model IV—
P/IV—
Limited data — see page
CMCL
Deeply overvalued
Caledonia Mining Corp Plc
Price$24.41
Model IV$8.03
P/IV3.11
Premium +204%
Return to IV: -67.1%
Market implies +21.6%/yr
vs model +8.0% · above model
CNL
Valuation N/A
Collective Mining Ltd.
Price$11.63
Model IV—
P/IV—
Market implies +80.8%/yr
vs model +5.0% · above model
CTGO
Valuation N/A
Contango Silver & Gold Inc.
Price$16.28
Model IV—
P/IV—
Market implies +85.6%/yr
vs model +5.0% · above model
DRD
Valuation N/A
DRDGOLD LTD
Price$24.10
Model IV—
P/IV—
Limited data — see page
EGO
Valuation N/A
ELDORADO GOLD CORP /FI
Price$36.86
Model IV—
P/IV—
Limited data — see page
ELE
Valuation N/A
Elemental Royalty Corp
Price$17.48
Model IV—
P/IV—
Limited data — see page
EQX
Valuation N/A
Equinox Gold Corp.
Price$11.12
Model IV—
P/IV—
Market implies +25.6%/yr
vs model +0.0% · above model
EXK
Valuation N/A
ENDEAVOUR SILVER CORP
Price$8.57
Model IV—
P/IV—
Market implies +66.7%/yr
vs model +5.3% · above model
FNV
Deeply overvalued
FRANCO NEVADA Corp
Price$240.50
Model IV$65.56
P/IV3.67
Premium +267%
Return to IV: -72.7%
Market implies +22.9%/yr
vs model +6.2% · above model
FSM
Valuation N/A
FORTUNA MINING CORP.
Price$10.61
Model IV—
P/IV—
Limited data — see page
FURY
Valuation N/A
FURY GOLD MINES LTD
Price$0.52
Model IV—
P/IV—
Limited data — see page
GFI
Valuation N/A
GOLD FIELDS LTD
Price$35.86
Model IV—
P/IV—
Market implies +30.6%/yr
vs model +6.8% · above model
GLDG
Valuation N/A
GoldMining Inc.
Price$0.90
Model IV—
P/IV—
Limited data — see page
GORO
Valuation N/A
GOLD RESOURCE CORP
Price$3.19
Model IV—
P/IV—
Market implies +25.2%/yr
vs model +0.0% · above model
GROY
Valuation N/A
Gold Royalty Corp.
Price$3.03
Model IV—
P/IV—
Market implies +51.9%/yr
vs model +8.0% · above model
HMY
Valuation N/A
HARMONY GOLD MINING CO LTD
Price$16.84
Model IV—
P/IV—
Limited data — see page
HSLV
Valuation N/A
Highlander Silver Corp.
Price$4.74
Model IV—
P/IV—
Market implies +68.8%/yr
vs model +5.0% · above model
HYMC
Valuation N/A
HYCROFT MINING HOLDING CORP
Price$18.21
Model IV—
P/IV—
Market implies +87.5%/yr
vs model +5.0% · above model
IAG
Valuation N/A
IAMGOLD CORP
Price$18.40
Model IV—
P/IV—
Limited data — see page
IAUX
Valuation N/A
i-80 Gold Corp.
Price$1.54
Model IV—
P/IV—
Market implies +42.0%/yr
vs model +5.0% · above model
IDR
Valuation N/A
Idaho Strategic Resources, Inc.
Price$26.31
Model IV—
P/IV—
Market implies +45.7%/yr
ITRG
Valuation N/A
Integra Resources Corp.
Price$2.54
Model IV—
P/IV—
Market implies +52.1%/yr
vs model +5.0% · above model
KGC
Deeply overvalued
KINROSS GOLD CORP
Price$23.34
Model IV$7.25
P/IV3.81
Premium +222%
Return to IV: -68.9%
Market implies +23.3%/yr
vs model +8.0% · above model
MAKO
Valuation N/A
Mako Mining Corp.
Price$9.00
Model IV—
P/IV—
Limited data — see page
MTA
Valuation N/A
Metalla Royalty & Streaming Ltd.
Price$8.54
Model IV—
P/IV—
Market implies +74.5%/yr
vs model +8.0% · above model
MUX
Valuation N/A
McEwen Inc.
Price$17.32
Model IV—
P/IV—
Market implies +89.8%/yr
vs model +6.4% · above model
NAK
Valuation N/A
NORTHERN DYNASTY MINERALS LTD
Price$1.15
Model IV—
P/IV—
Market implies +44.7%/yr
vs model +5.0% · above model
NAMM
Valuation N/A
Namib Minerals
Price$1.11
Model IV—
P/IV—
Limited data — see page
NAMMW
Deeply undervalued
Namib Minerals
Price$0.13
Model IV$0.74
P/IV0.24
Discount 83%
Return to IV: +471.6%
Market implies -37.5%/yr
vs model +7.3% · below model
NEM
Valuation N/A
NEWMONT Corp /DE/
Price$115.55
Model IV—
P/IV—
Market implies +30.6%/yr
vs model +3.2% · above model
NEWP
Valuation N/A
NEW PACIFIC METALS CORP
Price$6.25
Model IV—
P/IV—
Market implies +70.6%/yr
vs model +5.0% · above model
NFGC
Valuation N/A
New Found Gold Corp.
Price$1.54
Model IV—
P/IV—
Market implies +45.1%/yr
vs model +5.0% · above model
NG
Valuation N/A
NOVAGOLD RESOURCES INC
Price$6.28
Model IV—
P/IV—
Market implies +70.1%/yr
vs model +5.0% · above model
NVA
Valuation N/A
Nova Minerals Corp
Price$5.12
Model IV—
P/IV—
Market implies +64.1%/yr
vs model +5.0% · above model
NVAWW
Valuation N/A
NVAWW
Price$31.40
Model IV—
P/IV—
Limited data — see page
ODV
Valuation N/A
Osisko Development Corp.
Price$2.31
Model IV—
P/IV—
Limited data — see page
ODVWZ
Valuation N/A
ODVWZ
Price$0.03
Model IV—
P/IV—
Limited data — see page
OR
Valuation N/A
OR Royalties Inc.
Price$34.18
Model IV—
P/IV—
Market implies +34.6%/yr
vs model +8.0% · above model
ORLA
Valuation N/A
Orla Mining Ltd.
Price$9.44
Model IV—
P/IV—
Limited data — see page
PAAS
Valuation N/A
PAN AMERICAN SILVER CORP
Price$45.31
Model IV—
P/IV—
Limited data — see page
PLG
Valuation N/A
PLATINUM GROUP METALS LTD
Price$1.27
Model IV—
P/IV—
Market implies +46.5%/yr
vs model +5.0% · above model
PPTA
Valuation N/A
PERPETUA RESOURCES CORP.
Price$20.11
Model IV—
P/IV—
Market implies +78.1%/yr
SA
Valuation N/A
SEABRIDGE GOLD INC
Price$27.12
Model IV—
P/IV—
Limited data — see page
SBMT
Valuation N/A
SILVER BOW MINING CORP.
Price$7.83
Model IV—
P/IV—
Limited data — see page
SBSW
Deeply overvalued
Sibanye Stillwater Ltd
Price$9.91
Model IV$3.47
P/IV3.61
Premium +186%
Return to IV: -65.0%
Market implies +15.3%/yr
vs model +0.0% · above model
SCZM
Valuation N/A
Santacruz Silver Mining Ltd.
Price$8.48
Model IV—
P/IV—
Limited data — see page