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.
AEC
Valuation N/A
ANFIELD ENERGY INC.
Price$3.24
Model IV—
P/IV—
Limited data — see page
ALM
Valuation N/A
Almonty Industries Inc.
Price$11.57
Model IV—
P/IV—
Market implies +85.4%/yr
vs model +6.6% · above model
ALOY
Valuation N/A
REALLOYS INC.
Price$7.58
Model IV—
P/IV—
Market implies +77.4%/yr
vs model +0.0% · above model
ARRT
Deeply overvalued
Artisan Consumer Goods, Inc.
Price$0.32
Model IV$0.10
P/IV3.54
Premium +229%
Return to IV: -69.6%
Market implies +16.4%/yr
vs model +5.0% · above model
ASM
Valuation N/A
AVINO SILVER & GOLD MINES LTD
Price$5.46
Model IV—
P/IV—
Market implies +150.0%/yr
AUGO
Valuation N/A
Aura Minerals Inc.
Price$82.49
Model IV—
P/IV—
Limited data — see page
BGL
Deeply overvalued
Blue Gold Ltd
Price$0.18
Model IV$0.07
P/IV3.36
Premium +163%
Return to IV: -62.0%
Market implies +15.6%/yr
vs model +5.0% · above model
BGLWW
Deeply undervalued
Blue Gold Ltd
Price$0.04
Model IV$0.07
P/IV0.44
Discount 44%
Return to IV: +80.0%
Market implies -12.5%/yr
vs model +5.0% · below model
BHP
Deeply overvalued
BHP Group Ltd
Price$84.83
Model IV$57.42
P/IV1.48
Premium +48%
Return to IV: -32.3%
Market implies +8.1%/yr
vs model +2.7% · above model
BMM
Valuation N/A
Blue Moon Metals Inc.
Price$4.82
Model IV—
P/IV—
Limited data — see page
BVN
Valuation N/A
BUENAVENTURA MINING CO INC
Price$31.43
Model IV—
P/IV—
Market implies +42.4%/yr
vs model +7.8% · above model
CLF
Deeply undervalued
CLEVELAND-CLIFFS INC.
Price$12.19
Model IV$19.40
P/IV0.70
Discount 37%
Return to IV: +59.1%
Market implies -9.5%/yr
vs model +0.0% · below model
CRML
Valuation N/A
Critical Metals Corp.
Price$6.83
Model IV—
P/IV—
Market implies +75.4%/yr
vs model +5.0% · above model
CRMLW
Valuation N/A
Critical Metals Corp.
Price$2.25
Model IV—
P/IV—
Market implies +55.9%/yr
vs model +5.0% · above model
DC
Valuation N/A
Dakota Gold Corp.
Price$5.91
Model IV—
P/IV—
Market implies +64.3%/yr
vs model +5.0% · above model
ERO
Valuation N/A
Ero Copper Corp.
Price$35.98
Model IV—
P/IV—
Limited data — see page
FCX
Valuation N/A
FREEPORT-MCMORAN INC
Price$71.14
Model IV—
P/IV—
Market implies +36.7%/yr
vs model +4.5% · above model
GMTL
Valuation N/A
Guardian Metal Resources PLC
Price$7.35
Model IV—
P/IV—
Limited data — see page
GSM
Valuation N/A
Ferroglobe PLC
Price$4.19
Model IV—
P/IV—
Limited data — see page
HBM
Valuation N/A
Hudbay Minerals Inc.
Price$25.39
Model IV—
P/IV—
Limited data — see page
IE
Valuation N/A
Ivanhoe Electric Inc.
Price$9.66
Model IV—
P/IV—
Market implies +81.9%/yr
vs model +7.1% · above model
JAGU
Valuation N/A
Jaguar Uranium Corp.
Price$1.12
Model IV—
P/IV—
Market implies +44.5%/yr
vs model +5.0% · above model
LAC
Valuation N/A
LITHIUM AMERICAS CORP.
Price$2.36
Model IV—
P/IV—
Market implies +52.9%/yr
vs model +5.0% · above model
LAR
Valuation N/A
Lithium Argentina AG
Price$5.26
Model IV—
P/IV—
Limited data — see page
LZM
Valuation N/A
Lifezone Metals Ltd
Price$3.33
Model IV—
P/IV—
Limited data — see page
MINE
Valuation N/A
MAYFAIR GOLD CORP.
Price$2.53
Model IV—
P/IV—
Limited data — see page
MP
Valuation N/A
MP Materials Corp. / DE
Price$46.14
Model IV—
P/IV—
Market implies +93.8%/yr
NB
Valuation N/A
NIOCORP DEVELOPMENTS LTD
Price$3.41
Model IV—
P/IV—
Market implies +60.5%/yr
vs model +5.0% · above model
NEXA
Valuation N/A
Nexa Resources S.A.
Price$12.51
Model IV—
P/IV—
Limited data — see page
NEXM
Valuation N/A
NexMetals Mining Corp.
Price$1.69
Model IV—
P/IV—
Limited data — see page
NICM
Valuation N/A
NICOLA MINING INC.
Price$5.43
Model IV—
P/IV—
Limited data — see page
NIOBW
Valuation N/A
NIOCORP DEVELOPMENTS LTD
Price$0.58
Model IV—
P/IV—
Market implies +33.6%/yr
vs model +5.0% · above model
OGC
Valuation N/A
OceanaGold Corp
Price$26.67
Model IV—
P/IV—
Limited data — see page
PZG
Valuation N/A
Paramount Gold Nevada Corp.
Price$1.13
Model IV—
P/IV—
Market implies +38.7%/yr
vs model +5.0% · above model
REA
Valuation N/A
Rare Earths Americas, Inc.
Price$9.42
Model IV—
P/IV—
Limited data — see page
RIO
Deeply overvalued
RIO TINTO PLC
Price$93.34
Model IV$63.50
P/IV1.47
Premium +47%
Return to IV: -32.0%
Market implies +7.9%/yr
vs model +2.8% · above model
SCCO
Deeply overvalued
SOUTHERN COPPER CORP/
Price$198.66
Model IV$37.76
P/IV5.31
Premium +426%
Return to IV: -81.0%
Market implies +29.6%/yr
vs model +5.1% · above model
SGML
Valuation N/A
Sigma Lithium Corp
Price$9.56
Model IV—
P/IV—
Limited data — see page
THM
Valuation N/A
INTERNATIONAL TOWER HILL MINES LTD
Price$2.33
Model IV—
P/IV—
Market implies +56.4%/yr
vs model +5.0% · above model
TMC
Valuation N/A
TMC the metals Co Inc.
Price$3.43
Model IV—
P/IV—
Market implies +63.1%/yr
vs model +5.0% · above model
TMCWW
Valuation N/A
TMC the metals Co Inc.
Price$0.00
Model IV—
P/IV—
Market implies -50.0%/yr
USAR
Valuation N/A
USA Rare Earth, Inc.
Price$12.63
Model IV—
P/IV—
Market implies +87.1%/yr
vs model +5.0% · above model
USAS
Valuation N/A
Americas Gold & Silver Corp
Price$4.24
Model IV—
P/IV—
Market implies +38.0%/yr
vs model +27.2% · above model
USAU
Valuation N/A
U.S. GOLD CORP.
Price$13.89
Model IV—
P/IV—
Market implies +82.5%/yr
vs model +5.0% · above model
VALE
Valuation N/A
Vale S.A.
Price$13.42
Model IV—
P/IV—
Market implies -50.0%/yr
WRN
Valuation N/A
Western Copper & Gold Corp
Price$2.04
Model IV—
P/IV—
Limited data — see page
WWR
Valuation N/A
WESTWATER RESOURCES, INC.
Price$0.45
Model IV—
P/IV—
Market implies +27.3%/yr
vs model +5.0% · above model