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Canadian (TSX) Gold Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies362
  • 7D0.9%
  • 3M12.9%
  • 1Y-9.0%
  • YTDn/a

The Gold industry has stayed flat over the last week. As for the longer term, the industry has declined 9.1% in the last year. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the Canadian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024CA$207.3bCA$54.5bCA$1.9b18.4x109.1x3.8x
Sat, 30 Mar 2024CA$197.2bCA$53.6bCA$2.4b17.5x81.6x3.7x
Mon, 26 Feb 2024CA$169.3bCA$53.8bCA$3.8b14.7x45.1x3.1x
Wed, 24 Jan 2024CA$188.6bCA$55.9bCA$608.9m13.8x309.7x3.4x
Fri, 22 Dec 2023CA$201.6bCA$55.2bCA$626.1m16.7x322x3.7x
Sun, 19 Nov 2023CA$196.7bCA$56.8bCA$661.5m14x297.3x3.5x
Tue, 17 Oct 2023CA$197.8bCA$54.7bCA$482.9m15.1x409.6x3.6x
Thu, 14 Sep 2023CA$197.4bCA$53.5bCA$566.7m13.4x348.4x3.7x
Sat, 12 Aug 2023CA$203.3bCA$53.2bCA$514.4m11.2x395.1x3.8x
Mon, 10 Jul 2023CA$196.7bCA$51.6b-CA$38,848,234.0013.3x-5063.7x3.8x
Wed, 07 Jun 2023CA$214.0bCA$52.0b-CA$41,952,612.0015.7x-5102x4.1x
Fri, 05 May 2023CA$239.8bCA$51.9bCA$315.6m19.5x759.8x4.6x
Sun, 02 Apr 2023CA$218.9bCA$52.2bCA$672.3m23x325.6x4.2x
Tue, 28 Feb 2023CA$189.7bCA$52.8bCA$3.1b21.7x61.2x3.6x
Thu, 26 Jan 2023CA$220.2bCA$54.3bCA$5.1b20.4x42.9x4.1x
Sat, 24 Dec 2022CA$195.8bCA$55.1bCA$5.2b16.5x37.6x3.6x
Mon, 21 Nov 2022CA$180.8bCA$54.0bCA$5.2b15.1x34.5x3.3x
Wed, 19 Oct 2022CA$165.2bCA$56.5bCA$6.4b13.1x25.7x2.9x
Fri, 16 Sep 2022CA$162.6bCA$54.1bCA$6.1b13.4x26.7x3x
Sun, 14 Aug 2022CA$174.6bCA$52.4bCA$5.9b12.8x29.4x3.3x
Tue, 12 Jul 2022CA$169.8bCA$53.0bCA$6.4b10.6x26.4x3.2x
Thu, 09 Jun 2022CA$200.9bCA$51.3bCA$6.2b12.5x32.5x3.9x
Sat, 07 May 2022CA$216.7bCA$52.1bCA$6.6b13.6x33x4.2x
Mon, 04 Apr 2022CA$252.0bCA$54.4bCA$8.3b12.3x30.4x4.6x
Wed, 02 Mar 2022CA$240.7bCA$55.3bCA$8.4b11.1x28.6x4.4x
Fri, 28 Jan 2022CA$204.3bCA$56.7bCA$9.9b9.5x20.6x3.6x
Sun, 26 Dec 2021CA$216.0bCA$57.1bCA$9.9b10x21.7x3.8x
Tue, 23 Nov 2021CA$230.9bCA$56.6bCA$10.0b10.5x23.2x4.1x
Thu, 21 Oct 2021CA$216.5bCA$55.6bCA$10.7b10.5x20.2x3.9x
Sat, 18 Sep 2021CA$210.5bCA$57.5bCA$11.2b10.7x18.8x3.7x
Mon, 16 Aug 2021CA$221.3bCA$55.9bCA$10.9b11x20.4x4x
Mon, 31 May 2021CA$241.6bCA$54.2bCA$10.0b14.8x24.1x4.5x
Price to Earnings Ratio

22.1x


Total Market Cap: CA$219.1bTotal Earnings: CA$9.9bTotal Revenue: CA$54.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 4.8x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 101x which is higher than its 3-year average PE of 4.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 41% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Gold compare with similar industries?

CA Market-0.54%
Materials1.60%
Metals and Mining1.89%
Gold0.85%
Copper4.84%
Diversified Metals and Mining3.66%
Precious Metals and Minerals0.48%
Aluminum0%
Silver-0.011%
Steel-1.02%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FNV Franco-NevadaCA$167.592.8%
+CA$882.7m		-21.7%PS19.2x
EQX Equinox GoldCA$7.504.0%
+CA$517.5m		-0.5%PE72.9x
WPM Wheaton Precious MetalsCA$72.851.2%
+CA$389.8m		5.5%PE44.6x
CXB Calibre MiningCA$2.0612.6%
+CA$181.2m		21.9%PE13.9x
ARTG Artemis GoldCA$9.4510.0%
+CA$173.5m		102.8%PB3.3x
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Latest News

K

CA$8.95

Kinross Gold

7D

-1.0%

1Y

24.3%

It's Unlikely That Kinross Gold Corporation's (TSE:K) CEO Will See A Huge Pay Rise This Year

May 02
It's Unlikely That Kinross Gold Corporation's (TSE:K) CEO Will See A Huge Pay Rise This Year

NGD

CA$2.61

New Gold

7D

10.6%

1Y

35.9%

ABX

CA$22.52

Barrick Gold

7D

-0.5%

1Y

-17.3%

WDO

CA$10.42

Wesdome Gold Mines

7D

-2.3%

1Y

17.7%

Why Investors Shouldn't Be Surprised By Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S

Apr 30
Why Investors Shouldn't Be Surprised By Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S

AGI

CA$20.59

Alamos Gold

7D

-1.0%

1Y

10.4%

Calculating The Fair Value Of Alamos Gold Inc. (TSE:AGI)

Apr 29
Calculating The Fair Value Of Alamos Gold Inc. (TSE:AGI)

TFPM

CA$22.33

Triple Flag Precious Metals

7D

2.8%

1Y

-3.3%

A Look At The Fair Value Of Triple Flag Precious Metals Corp. (TSE:TFPM)

Apr 29
A Look At The Fair Value Of Triple Flag Precious Metals Corp. (TSE:TFPM)

ARTG

CA$9.45

Artemis Gold

7D

10.0%

1Y

102.8%

EQX

CA$7.50

Equinox Gold

7D

4.0%

1Y

-0.5%

NG

CA$4.19

NovaGold Resources

7D

7.7%

1Y

-44.4%

FNV

CA$167.59

Franco-Nevada

7D

2.8%

1Y

-21.7%

Franco-Nevada Corporation's (TSE:FNV) CEO Will Probably Struggle To See A Pay Rise This Year

Apr 26
Franco-Nevada Corporation's (TSE:FNV) CEO Will Probably Struggle To See A Pay Rise This Year

CXB

CA$2.06

Calibre Mining

7D

12.6%

1Y

21.9%

WRLG

CA$0.80

West Red Lake Gold Mines

7D

-12.1%

1Y

-2.4%

WPM

CA$72.85

Wheaton Precious Metals

7D

1.2%

1Y

5.5%

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16
Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

OR

CA$21.31

Osisko Gold Royalties

7D

-1.1%

1Y

-11.0%

PPTA

CA$7.23

Perpetua Resources

7D

-11.4%

1Y

7.0%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%