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Pro · Analytical tool
Scenario-based implied share prices for Mining 50 operators — Blended 40/40/20, Operating Margin (8×), EV / Production, EV / Reserves. Illustrative model output, not investment advice.
Step 1 · Choose miner
Manual Inputs Required · 25% of core fields sourced
Missing: Shares Outstanding, Cash, Debt, Gold Production, Gold AISC, P&P Gold Reserves
Operator-style valuation not applicable
Royalty and streaming companies are not valued with the operator Mining 50 model (production × margin, EV / production, EV / reserves).
Grey Rabbit will require a separate royalty valuation methodology. That work is not part of this product surface yet.
Compare royalty peers →Sources & Model Basis
Market data, operations, balance sheet, and reserves each keep their own as-of dates.
Market data through: —
Operations through: —
Balance sheet through: —
Reserves through: —
Scenario
Bear · Base · Bull · Custom. Changing scenario updates metal prices, production growth, cost inflation, dilution, implied value, upside, and sensitivity immediately.
Active: BaseHorizon 2031 (5 yrs)
USER ASSUMPTION · Gold $5,300/oz
USER ASSUMPTION · Silver $83.00/oz
Prod. growth Au/Ag 2.0% / 2.0%
Cost inflation 4.0%/yr
Dilution 2.0%/yr
OM multiple 8× (not scenario-dependent)
Preset basis: Gold Spot $4,610.21 · Silver Spot $69.45
Data through: 8/26/2026 · Gold PREVIOUS CLOSE · Silver PREVIOUS CLOSE
Previous close is the latest available session close — not an alarming stale signal.
Grey Rabbit Pro
Edit Bear, Base, Bull, and Custom scenarios, advanced assumptions, valuation range, real CAGR, and sensitivity — same Grey Rabbit engine, deeper analysis.
BearIllustrative Scenario
Gold $3,900 (-15.4% vs spot)
Silver $56 (-19.4% vs spot)
BaseIllustrative Scenario
Gold $5,300 (+15.0% vs spot)
Silver $83 (+19.5% vs spot)
BullIllustrative Scenario
Gold $6,500 (+41.0% vs spot)
Silver $104 (+49.7% vs spot)
Steps 3–4 · Metal prices & cost inflation
Current fundamentals
Auto-filled from cached company data where available. Missing fields stay blank — never zero-filled.
Share Price
$3.84
Market Cap
$780.00M
Enterprise Value
—
Gold Production
—
Gold AISC
—
P&P Reserves
—
Data Coverage
Manual · 25%
Step 5 · Implied valuation
Valuation unavailable
Missing:
Why this matters: the model needs these inputs to compute an implied share price under your scenario. Enter them manually below if you have reliable figures.
Enter manually →Interpretation
Valuation unavailable until required inputs are resolved.
Scenario comparison · model outputs
Valuation Method: Blended — outcomes from the engine (not the assumption table above).
| Metric | Bear | Base | Bull |
|---|---|---|---|
| Gold price | $3,900 | $5,300 | $6,500 |
| Silver price | $56 | $83 | $104 |
| Future AISC (Au) | — | — | — |
| GEO production | — | — | — |
| Operating Margin Proxy | — | — | — |
| Future EV | — | — | — |
| Future shares | — | — | — |
| Implied Share Price | — | — | — |
| Nominal Upside / Downside | — | — | — |
| Real Upside / Downside | — | — | — |
| Real CAGR | — | — | — |
Custom scenario is editable above and kept separate from Bear / Base / Bull presets. Outcome rows (highlighted) are what ultimately matters — assumption rows above are secondary context.
Grey Rabbit Pro
See how implied price, margins, and real CAGR respond as metal prices and costs shift — live from your active scenario.
Miner Valuation Lab provides scenario-based analytical estimates using user-defined and sourced assumptions. Results are illustrative and are not investment advice or guaranteed valuations. See the disclaimer.
Grey Rabbit Markets provides independent market research and educational content. Nothing on this website constitutes investment, legal, tax, or financial advice. Past performance does not guarantee future results.