Is NAK or NEWP more undervalued in 2026?

CirclFi compares Northern Dynasty Minerals, Ltd. (NAK) and New Pacific Metals Corp. (NEWP) using 13 institutional-grade valuation models. NAK has a Quality of Company score of 3.9/10 while NEWP scores 2.1/10.

Which is a better buy — NAK or NEWP?

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 NAK and NEWP valuations compare?

NAK at $2.35 and NEWP at $4.94 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

NAK vs NEWP Valuation Comparison 2026 — Intrinsic Value Analysis

NAK

Gold and Silver Ores

Northern Dynasty Minerals, Ltd.

Quality

3.9

out of 10

Value Trap

LOW

Price

$2.35

Last close

Models

9/13

Active

NEWP

Gold and Silver Ores

New Pacific Metals Corp.

Quality

2.1

out of 10

Value Trap

—

Price

$4.94

Last close

Models

7/13

Active

Model-by-Model Comparison

Model	Type	NAK Fair Value	NAK Upside	NEWP Fair Value	NEWP Upside
Bayesian DCF	Intrinsic	$0.57	-75.6%	$1.29	-73.9%
Earnings Power Value	Intrinsic	$0.28	-85.7%	—	—
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$2.15	-8.5%	$4.48	-9.3%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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NAK vs NEWP — Which Stock Is More Undervalued?

NAK scores higher with a 3.9/10 quality rating vs NEWP's 2.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Northern Dynasty Minerals, Ltd. (NAK) and New Pacific Metals Corp. (NEWP) 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.

NAK currently trades at $2.35 with a QOC of 3.9/10, while NEWP trades at $4.94 with a QOC of 2.1/10.

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).