Is LODE or REX more undervalued in 2026?

CirclFi compares Comstock Inc. (LODE) and REX American Resources Corporat (REX) using 13 institutional-grade valuation models. LODE has a Quality of Company score of 6.3/10 while REX scores 8.7/10.

Which is a better buy — LODE or REX?

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 LODE and REX valuations compare?

LODE at $4.15 and REX at $46.76 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

LODE vs REX Valuation Comparison 2026 — Intrinsic Value Analysis

LODE

Industrial Organic Chemicals

Comstock Inc.

Quality

6.3

out of 10

Value Trap

WARN

Price

$4.15

Last close

Models

9/13

Active

REX

Industrial Organic Chemicals

REX American Resources Corporat

Quality

8.7

out of 10

Value Trap

SAFE

Price

$46.76

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	LODE Fair Value	LODE Upside	REX Fair Value	REX Upside
Bayesian DCF	Intrinsic	$1.21	-70.8%	$15.64	-66.6%
Earnings Power Value	Intrinsic	—	—	$10.80	-76.9%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$1.39	-66.5%	$20.33	-56.5%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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LODE vs REX — Which Stock Is More Undervalued?

REX scores higher with a 8.7/10 quality rating vs LODE's 6.3/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Comstock Inc. (LODE) and REX American Resources Corporat (REX) 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.

LODE currently trades at $4.15 with a QOC of 6.3/10, while REX trades at $46.76 with a QOC of 8.7/10.

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).