Namib Minerals (NAMM) Fair Value 2026

NAMM · Gold ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.7 /10

32 fundamental signals · 2 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-10-07, Namib Minerals (NAMM) trades at $1.20, versus a $1.63 median fair value across its 2 active models — 35.4% above the current price. QOC: 6.7/10. Value Trap Risk: 0/100 (SAFE). 2/13 models active. Within that set, the Bayesian DCF component alone returns $1.08.

Key Facts

Ticker
NAMM
Price
$1.20
Quality Score
6.7/10
Value Trap Risk
0/100
Models Active
2/13
Last Updated
Strength: RCMH-DCF suggests +80.8% upside with 20% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is Namib Minerals (NAMM) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Namib Minerals (NAMM) appears undervalued as of : the median of 2 independent fair value estimates is $1.63, 35.4% above the current price of $1.20. Estimates range from $1.08 to $2.17. NAMM scores 6.7/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -20.1% versus its own 13-model consensus, across 3,777 rated companies as of 2026-10-07. NAMM’s +35.4% gap is wider than that market norm, and the Gold sector median is -19.9%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Namib Minerals Stock in 2026? →

What Fair Value Does Each Model Give NAMM?

2 Intrinsic Value Models vs. Current Price ($1.20)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Medium Conviction
 $1.08 -10.0%
Intrinsic · Low Conviction
 $2.17 +80.8%

All Models Active

All 2 models are displayed above.

What Is Namib Minerals (NAMM) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Namib Minerals's intrinsic value is estimated at a median $1.63, showing conflicting signals at the current price of $1.20. While the median implied return is +35.4%, model disagreement is elevated with a gap of +90.8% between the most bullish and bearish estimates. The most optimistic model, RCMH-DCF, places fair value at $2.17 (+80.8%), while Bayesian DCF — the most conservative — estimates $1.08 (-10.0%). This +90.8% gap reflects genuine analytical uncertainty about Namib Minerals's intrinsic worth.

What Do the Models Say About NAMM?

2 of 13 models are currently active for NAMM. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for NAMM is $1.63 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $1.08 on its own, implying -10.0% downside from the current price. See which stocks rank higher →

How Does NAMM Rank in Gold?

Among 59 Gold stocks, NAMM ranks #15 by Quality of Company score. CirclFi's QOC score of 6.7/10 evaluates 32 fundamental signals. A score of 6.7 indicates above-average quality.

See all Most Undervalued Gold Stocks →

Namib Minerals operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is NAMM a Value Trap?

CirclFi's Value Trap algorithm assigns NAMM a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Namib Minerals. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Namib Minerals's fundamental quality profile registers 6.7/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +90.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NAMM valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NAMM's 2 active models, average confidence is 22%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Namib Minerals Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Gold Stocks Should You Also Analyze?

11 related Gold stocks with 13-model coverage

OROR Royalties Inc.QOC 6.8SASeabridge Gold Inc.QOC 6.2CGAUCenterra Gold Inc.QOC 6.9GLDGGoldMining Inc.QOC 6.2ELEElemental Royalty CorporationQOC 7.6OGCOceanaGold CorporationQOC 6.1CTGOContango Silver & Gold Inc.QOC 5.3GAUGaliano Gold Inc.QOC 3.1TRXTRX Gold CorporationQOC 2.3FSMFortuna Mining Corp.QOC 9.3NEMNewmont CorporationQOC 9.3

Read investment analysis: OR · SA · CGAU · GLDG · ELE · OGC · CTGO · GAU · TRX · FSM · NEM

Which Other Stocks Have a Similar Quality Score to NAMM?

7 companies across all industries closest to NAMM’s Quality of Company score of 6.7/10.

BTBDBT Brands, Inc.QOC 6.7SWAGStran & Company, Inc.QOC 6.7AXTIAXT, Inc.QOC 6.7ASXASE Technology Holding Co., Ltd.QOC 6.7LCTCLifeloc Technologies, Inc.QOC 6.7BXMTBlackstone Mortgage Trust, Inc.QOC 6.7NVDANVIDIA CorporationQOC 10.0

Read investment analysis: BTBD · SWAG · AXTI · ASX · LCTC · BXMT · NVDA

Where Does NAMM Sit in CirclFi's Gold Rankings?

NAMM is ranked against every other Gold stock CirclFi covers in each of these screens.

See all Gold stocks ranked →

What Else Do Investors Ask About Namib Minerals’s Valuation?

What is Namib Minerals's intrinsic value in 2026?

CirclFi puts Namib Minerals (NAMM)'s intrinsic value at $1.63 — the median of 2 independent model estimates as of 2026-10-07, ranging from $1.08 to $2.17. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $1.08 on its own. The Quality of Company score is 6.7/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NAMM overvalued or undervalued right now?

At $1.20, 1 of 2 active models suggest NAMM may be undervalued, while 1 indicate potential overvaluation. The median of all 2 fair value estimates is $1.63, 35.4% above the current price of $1.20 — a consensus view that NAMM is undervalued. The assessment depends on which methodology best fits Namib Minerals's business model in Gold.

What does a Quality of Company score of 6.7 mean for NAMM?

Namib Minerals's QOC of 6.7/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on NAMM?

CirclFi analyzes NAMM with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is NAMM a value trap in 2026?

Namib Minerals's Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Namib Minerals (NAMM) has a median fair value of $1.63 — 35.4% above the current price of $1.20 — as of 2026-10-07.” Source: circlfi.com/stock/NAMM/ · Methodology
Primary sources for this NAMM valuation
  • Financial statements: Namib Minerals 10-K and 10-Q filings on SEC EDGAR (CIK 0002026514) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NAMM as of ; valuations recomputed .