Is CHNR or CNL more undervalued in 2026?

CirclFi compares China Natural Resources, Inc. (CHNR) and Collective Mining Ltd. (CNL) using 13 institutional-grade valuation models. CHNR has a Quality of Company score of 3.9/10 while CNL scores 2.0/10.

Which is a better buy — CHNR or CNL?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do CHNR and CNL valuations compare?

CHNR at $4.08 and CNL at $16.28 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CHNR vs CNL Valuation Comparison 2026 — Intrinsic Value Analysis

CHNR

Gold and Silver Ores

China Natural Resources, Inc.

Quality

3.9

out of 10

Value Trap

SAFE

Price

$4.08

Last close

Models

6/13

Active

CNL

Gold and Silver Ores

Collective Mining Ltd.

Quality

2.0

out of 10

Value Trap

—

Price

$16.28

Last close

Models

6/13

Active

Model-by-Model Comparison

Model	Type	CHNR Fair Value	CHNR Upside	CNL Fair Value	CNL Upside
Bayesian DCF	Intrinsic	$1.23	-70.0%	$4.26	-73.8%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$12.87	+215.0%	—	—
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$22.26	+445.0%	$14.53	-10.7%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%

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CHNR vs CNL — Which Stock Is More Undervalued?

CHNR scores higher with a 3.9/10 quality rating vs CNL's 2.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing China Natural Resources, Inc. (CHNR) and Collective Mining Ltd. (CNL) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

CHNR currently trades at $4.08 with a QOC of 3.9/10, while CNL trades at $16.28 with a QOC of 2.0/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).