Is CTGO or EXK more undervalued in 2026?

CirclFi compares Contango Silver & Gold Inc. (CTGO) and Endeavour Silver Corporation (EXK) using 13 institutional-grade valuation models. CTGO has a Quality of Company score of 5.1/10 while EXK scores 2.0/10.

Which is a better buy — CTGO or EXK?

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 CTGO and EXK valuations compare?

CTGO at $20.11 and EXK at $9.97 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CTGO vs EXK Valuation Comparison 2026 — Intrinsic Value Analysis

CTGO

Gold and Silver Ores

Contango Silver & Gold Inc.

Quality

5.1

out of 10

Value Trap

SAFE

Price

$20.11

Last close

Models

12/13

Active

EXK

Gold and Silver Ores

Endeavour Silver Corporation

Quality

2.0

out of 10

Value Trap

SAFE

Price

$9.97

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	CTGO Fair Value	CTGO Upside	EXK Fair Value	EXK Upside
Bayesian DCF	Intrinsic	$19.10	-5.0%	$2.01	-79.9%
Earnings Power Value	Intrinsic	$17.31	-13.9%	$0.94	-89.9%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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CTGO vs EXK — Which Stock Is More Undervalued?

CTGO scores higher with a 5.1/10 quality rating vs EXK's 2.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Contango Silver & Gold Inc. (CTGO) and Endeavour Silver Corporation (EXK) 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.

CTGO currently trades at $20.11 with a QOC of 5.1/10, while EXK trades at $9.97 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).