{ "provider": "Harcourt Valuations", "website": "https://harcourtvaluations.ai", "description": "Institutional NAV reports for mining companies.", "report_count": 12, "catalog_updated": "2026-08-30", "price_per_report_usd": 15, "reports": [ { "report_id": "aris-nav-2026", "name": "Aris Mining Corporation", "ticker": "TSX/NYSE: ARIS", "commodity": "Gold", "assets": "Segovia Owner | Marmato | Soto Norte | Toroparu | Segovia CMP", "nav": "NAV ~US$57.77/sh", "p_nav": "0.35x (65% discount)", "model_date": "2026-08-30", "free_teaser": "Aris Mining operates two gold mines in Colombia and holds two undeveloped projects, one in Colombia and one in Guyana. This model values all four separately from filed technical reports at a gold deck of US$4,500/oz.", "price_usd": 15 }, { "report_id": "ivn-nav-2026", "name": "Ivanhoe Mines Ltd.", "ticker": "TSX: IVN · OTCQX: IVPAF", "commodity": "Copper · Zinc · PGM", "assets": "Kamoa-Kakula Copper Complex (DRC) | Kipushi Zinc Mine (DRC) | Platreef PGM-Ni-Cu Mine (South Africa)", "nav": "NAV ~US$8.40/sh", "p_nav": "1.09x (9% premium)", "model_date": "July 2026", "free_teaser": "Three Tier-One assets under one roof. Kamoa-Kakula is targeting around 500 ktpa of copper from 2028 with its own smelter now running; Kipushi milled a record 200,774t at 38.7% zinc in Q2 2026; Platreef Phase 2 financing closed at $700M in April 2026.", "price_usd": 15 }, { "report_id": "itr-nav-2026", "name": "Integra Resources Corp.", "ticker": "TSXV: ITR · NYSE American: ITRG", "commodity": "Gold", "assets": "Florida Canyon · DeLamar · Nevada North", "nav": "NAV ~$11.39/sh USD", "p_nav": "0.18x (82% discount)", "model_date": "July 2026", "free_teaser": "Florida Canyon was re-based on a reserve-backed technical report effective 31 May 2026 and issued 28 July. DeLamar carries a $774M NPV5% at 46% IRR on its Dec 2025 FS. All three assets valued from their own technical reports, with effective tax and royalty rates back-calculated from each study rather than taken at statutory.", "price_usd": 15 }, { "report_id": "vgld-nav-2026", "name": "Valor Gold Corp.", "ticker": "TSX: VGC · OTCQB: VLGDF", "commodity": "Gold", "assets": "Courageous Lake", "nav": "NAV ~C$43.41/sh", "p_nav": "0.08x (92% discount)", "model_date": "2026-08-30", "free_teaser": "Valor Gold holds Courageous Lake, an 11.0 Moz M&I gold deposit spun out of Seabridge in June 2026. It trades at 0.08x a NAV of $43.41 a share.", "price_usd": 15 }, { "report_id": "dyl-nav-2026", "name": "Deep Yellow Ltd.", "ticker": "ASX: DYL · OTCQB: DYLLF", "commodity": "Uranium", "assets": "Tumas (Namibia) | Mulga Rock (W. Australia)", "nav": "NAV ~A$1.25/sh", "p_nav": "0.90x (10% discount)", "model_date": "2026-08-30", "free_teaser": "Deep Yellow is two uranium developments and a very large resource inventory behind them. The DCF values Tumas and Mulga Rock only; the 251 Mlb with no engineering study behind it is stated separately rather than folded into the headline.", "price_usd": 15 }, { "report_id": "sa-nav-2026", "name": "Seabridge Gold Inc.", "ticker": "TSX: SEA · NYSE: SA", "commodity": "Gold · Copper", "assets": "KSM (Kerr-Sulphurets-Mitchell)", "nav": "NAV ~US$175.13/sh", "p_nav": "0.20x (80% discount)", "model_date": "August 2026", "free_teaser": "KSM is the largest undeveloped gold project in the world by resources, and Seabridge does not intend to build it alone. The model values the 2022 PFS at your own price deck and applies the construction tax shield that US$6.4bn of pre-production capital generates.", "price_usd": 15 }, { "report_id": "hl-nav-2026", "name": "Hecla Mining Company", "ticker": "NYSE: HL", "commodity": "Silver", "assets": "Greens Creek | Lucky Friday | Keno Hill", "nav": "NAV ~US$7.53/sh", "p_nav": "2.71x (171% premium)", "model_date": "2026-08-30", "free_teaser": "Hecla sold its only gold mine in March 2026 and still earns about an eighth of life-of-mine revenue from gold, all of it as a by-product at Greens Creek. Three assets are valued here mine by mine from their filed technical reports, and the model returns NAV at your own price deck rather than a house forecast.", "price_usd": 15 }, { "report_id": "bnkr-nav-2026", "name": "Bunker Hill Mining Corp.", "ticker": "TSX: BNKR · OTCQB: BHLL", "commodity": "Zinc · Silver · Lead", "assets": "Bunker Hill Mine", "nav": "NAV ~US$2.41/sh", "p_nav": "1.43x (43% premium)", "model_date": "2026-08-30", "free_teaser": "Bunker Hill has reopened a historic Idaho mine, but the financing that paid for the restart takes the first two years of everything it produces. At 1.43x the reserve-case NAV of $2.41 a share, the market is paying for resource conversion that no filed reserve yet supports.", "price_usd": 15 }, { "report_id": "lug-nav-2026", "name": "Lundin Gold Inc.", "ticker": "TSX: LUG · Nasdaq Stockholm: LUG · OTCQX: LUGDF", "commodity": "Gold", "assets": "Fruta del Norte (FDN), Ecuador", "nav": "NAV ~US$33.81/sh", "p_nav": "2.24x (124% premium)", "model_date": "August 2026", "free_teaser": "Lundin Gold trades at a significant premium to its Proven and Probable reserves. Fruta del Norte is among the highest-grade gold mines in production anywhere, carries no debt and yields 6.4%, and a premium for that is defensible. This report sizes it, and sets out two things the premium does not buy: a fiscal formula that appears to have crossed its trigger in 2025, and a concession over the mine that expires in October 2031, seven years before the reserve is mined out.", "price_usd": 15 }, { "report_id": "vzla-nav-2026", "name": "Vizsla Silver Corp.", "ticker": "TSX: VZLA · NYSE American: VZLA", "commodity": "Silver · Gold", "assets": "Panuco Silver-Gold Project", "nav": "NAV ~US$7.44/sh", "p_nav": "0.54x (46% discount)", "model_date": "2026-08-29", "free_teaser": "Vizsla Silver's Panuco feasibility study values a 9.4-year, 12.8Mt silver-gold dore mine in Sinaloa at US$1.8bn after tax on a US$35.50/oz silver deck. Re-run at the current deck and at the house 8 per cent rate, Panuco is worth $7.44 per diluted share against a $4.00 share price.", "price_usd": 15 }, { "report_id": "gmin-nav-2026", "name": "G Mining Ventures Corp.", "ticker": "TSX: GMIN · OTCQX: GMINF", "commodity": "Gold", "assets": "Tocantinzinho · Oko West", "nav": "NAV ~$22.31/sh USD", "p_nav": "1.62x (62% premium)", "model_date": "August 2026", "free_teaser": "G Mining Ventures runs one producing mine and is building a second without going back to the market: Tocantinzinho reached commercial production in September 2024, and the Oko West build to a H2 2027 first pour is covered by operating cash flow and cash on hand. This report values the two assets separately, at 8% and 11%, and sets out what the premium to NAV is and is not buying.", "price_usd": 15 }, { "report_id": "ske-nav-2026", "name": "Skeena Resources Limited", "ticker": "TSX/NYSE: SKE", "commodity": "Gold · Silver", "assets": "Eskay Creek", "nav": "NAV ~C$41.99/sh", "p_nav": "1.14x (14% premium)", "model_date": "August 2026", "free_teaser": "Skeena is building Eskay Creek, a high-grade open-pit gold and silver mine in British Columbia, on a 2023 feasibility study this model reproduces to within C$0.02M on every life-of-mine line. It then departs from that study in one material respect: it charges the royalty burden the company has actually sold, not the 2% the study assumed.", "price_usd": 15 } ], "instructions": "Every covered company has its own Qatom tool ($15 USD TDN each); discover them in the Qatom marketplace by provider \"Harcourt Valuations\". For NAV at your own price deck use harcourt_nav_query_api ($1 USD TDN). Direct HTTP: POST / with {\"report_id\": \"\"} using any report_id in the reports array above." }