Is ITRG or MAKO more undervalued in 2026?

CirclFi compares Integra Resources Corp. (ITRG) and Mako Mining Corp (MAKO) using 13 institutional-grade valuation models. ITRG has a Quality of Company score of 1.5/10 while MAKO scores 2.0/10.

Which is a better buy — ITRG or MAKO?

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 ITRG and MAKO valuations compare?

ITRG at $2.74 and MAKO at $8.70 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ITRG vs MAKO Valuation Comparison 2026 — Intrinsic Value Analysis

ITRG

Gold and Silver Ores

Integra Resources Corp.

Quality

1.5

out of 10

Value Trap

SAFE

Price

$2.74

Last close

Models

12/13

Active

MAKO

Gold and Silver Ores

Mako Mining Corp

Quality

2.0

out of 10

Value Trap

—

Price

$8.70

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	ITRG Fair Value	ITRG Upside	MAKO Fair Value	MAKO Upside
Bayesian DCF	Intrinsic	$0.65	-76.3%	$2.21	-74.6%
Earnings Power Value	Intrinsic	$2.01	-29.7%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$1.28	-47.9%	$7.32	-12.3%
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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ITRG vs MAKO — Which Stock Is More Undervalued?

MAKO scores higher with a 2.0/10 quality rating vs ITRG's 1.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Integra Resources Corp. (ITRG) and Mako Mining Corp (MAKO) 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.

ITRG currently trades at $2.74 with a QOC of 1.5/10, while MAKO trades at $8.70 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).