U.S. Gold Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies70
- 7D2.7%
- 3M27.4%
- 1Y-3.2%
- YTDn/a
Over the last 7 days, the Gold industry has risen 2.7%, driven by gains from Agnico Eagle Mines of 4.0%. In the same time, Gold Royalty was down 9.4%. In contrast, the industry has lost 3.2% in the last 12 months. Earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the U.S. Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$107.9b | US$27.8b | -US$2,345,621,397.25 | 22.4x | -46x | 3.9x |
| Fri, 05 Apr 2024 | US$101.2b | US$26.1b | -US$684,770,593.93 | 13x | -147.7x | 3.9x |
| Sun, 03 Mar 2024 | US$84.2b | US$26.0b | -US$635,338,316.02 | 17.2x | -132.5x | 3.2x |
| Tue, 30 Jan 2024 | US$87.4b | US$27.9b | US$1.9b | 11.8x | 46.2x | 3.1x |
| Thu, 28 Dec 2023 | US$103.2b | US$28.1b | US$1.9b | 11.5x | 55.5x | 3.7x |
| Sat, 25 Nov 2023 | US$90.1b | US$28.1b | US$1.9b | 11x | 48x | 3.2x |
| Mon, 23 Oct 2023 | US$77.7b | US$28.0b | US$1.8b | 11.9x | 44x | 2.8x |
| Wed, 20 Sep 2023 | US$70.6b | US$23.2b | US$1.2b | 11.5x | 58.5x | 3x |
| Fri, 18 Aug 2023 | US$65.9b | US$20.4b | US$1.5b | 12.7x | 44.4x | 3.2x |
| Sun, 16 Jul 2023 | US$76.1b | US$20.7b | US$1.6b | 31.1x | 46.3x | 3.7x |
| Tue, 13 Jun 2023 | US$72.4b | US$20.7b | US$1.7b | 26x | 42.6x | 3.5x |
| Thu, 11 May 2023 | US$82.8b | US$20.7b | US$1.7b | 14.9x | 47.5x | 4x |
| Sat, 08 Apr 2023 | US$83.0b | US$20.9b | US$220.5m | 16.8x | 376.3x | 4x |
| Mon, 06 Mar 2023 | US$71.0b | US$21.0b | US$193.1m | 10x | 367.9x | 3.4x |
| Wed, 01 Feb 2023 | US$82.3b | US$20.7b | US$1.4b | 11.5x | 56.8x | 4x |
| Fri, 30 Dec 2022 | US$74.4b | US$20.7b | US$1.5b | 12.2x | 51.2x | 3.6x |
| Sun, 27 Nov 2022 | US$72.0b | US$20.7b | US$1.4b | 12.9x | 50.2x | 3.5x |
| Tue, 25 Oct 2022 | US$64.8b | US$20.5b | US$1.5b | 11.2x | 43.5x | 3.2x |
| Thu, 22 Sep 2022 | US$63.5b | US$20.5b | US$1.5b | 11.1x | 43.6x | 3.1x |
| Sat, 20 Aug 2022 | US$65.9b | US$20.5b | US$1.5b | 11.8x | 45.1x | 3.2x |
| Mon, 18 Jul 2022 | US$75.0b | US$20.1b | US$1.8b | 11.2x | 40.5x | 3.7x |
| Wed, 15 Jun 2022 | US$85.3b | US$20.1b | US$1.9b | 12.5x | 46x | 4.2x |
| Fri, 13 May 2022 | US$92.4b | US$20.0b | US$1.9b | 13x | 49.4x | 4.6x |
| Sun, 10 Apr 2022 | US$112.7b | US$19.4b | US$1.9b | 25.4x | 58.4x | 5.8x |
| Tue, 08 Mar 2022 | US$101.2b | US$19.3b | US$2.0b | 23.5x | 50.7x | 5.2x |
| Thu, 03 Feb 2022 | US$75.4b | US$19.2b | US$2.8b | 13.6x | 27x | 3.9x |
| Sat, 01 Jan 2022 | US$76.5b | US$19.2b | US$2.8b | 14.3x | 27.3x | 4x |
| Mon, 29 Nov 2021 | US$71.6b | US$19.2b | US$2.8b | 14.4x | 25.6x | 3.7x |
| Wed, 27 Oct 2021 | US$74.6b | US$19.5b | US$3.7b | 12.8x | 19.9x | 3.8x |
| Fri, 24 Sep 2021 | US$70.6b | US$19.5b | US$3.7b | 12.8x | 18.9x | 3.6x |
| Sun, 22 Aug 2021 | US$72.5b | US$19.8b | US$3.7b | 9.9x | 19.6x | 3.7x |
| Fri, 09 Jul 2021 | US$81.7b | US$19.8b | US$3.7b | 9.8x | 22.1x | 4.1x |
Price to Earnings Ratio
28.8x
Current Industry PE
- Investors are relatively neutral on the American Gold industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- Total earnings for the Gold industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 15% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Gold compare with similar industries?
| US Market | 3.31% | |
| Materials | 3.06% | |
| Metals and Mining | 1.91% | |
| Gold | 2.71% | |
| Silver | 6.27% | |
| Aluminum | 5.23% | |
| Diversified Metals and Mining | 2.57% | |
| Steel | 1.82% | |
| Copper | 1.07% | |
| Precious Metals and Minerals | 0.77% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AEM Agnico Eagle Mines | US$65.88 | 4.0% +US$1.3b | 9.9% | PE69.5x | |
| NEM Newmont | US$41.44 | 2.0% +US$923.5m | -13.9% | PS3.6x | |
| RGLD Royal Gold | US$124.00 | 3.2% +US$254.4m | -12.0% | PE34x | |
| CDE Coeur Mining | US$5.12 | 13.3% +US$242.9m | 44.2% | PS2.4x | |
| AU AngloGold Ashanti | US$23.57 | 2.5% +US$242.1m | n/a | PS2.1x |