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May 21
Australian (ASX) Precious Metals and Minerals Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies11
- 7D1.4%
- 3M-13.2%
- 1Y-21.3%
- YTDn/a
The Precious Metals and Minerals industry is up 1.4% in the last week, with IperionX up 11%. During this same period, the Manuka Resources underperformed, falling 18%. In contrast, the industry has lost 21% in the last 12 months. Earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the Australian Precious Metals and Minerals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | AU$2.6b | AU$1.3b | -AU$5,859,769.25 | 2.1x | -444.4x | 2x |
| Fri, 19 Apr 2024 | AU$2.7b | AU$1.4b | -AU$5,762,453.74 | 2.3x | -462.1x | 2x |
| Sun, 17 Mar 2024 | AU$2.6b | AU$1.3b | -AU$4,518,995.71 | 1.7x | -569.5x | 1.9x |
| Tue, 13 Feb 2024 | AU$3.1b | AU$1.6b | AU$221.6m | 5.9x | 13.8x | 1.9x |
| Thu, 11 Jan 2024 | AU$3.0b | AU$1.6b | AU$213.7m | 6.5x | 14x | 1.9x |
| Sat, 09 Dec 2023 | AU$2.9b | AU$1.6b | AU$218.0m | 6.4x | 13.2x | 1.8x |
| Mon, 06 Nov 2023 | AU$2.8b | AU$1.6b | AU$222.2m | 6x | 12.6x | 1.7x |
| Wed, 04 Oct 2023 | AU$3.2b | AU$1.6b | AU$224.5m | 6.5x | 14.1x | 1.9x |
| Fri, 01 Sep 2023 | AU$3.2b | AU$1.6b | AU$227.2m | 8.5x | 14.3x | 2x |
| Sun, 30 Jul 2023 | AU$3.5b | AU$1.9b | AU$397.6m | 62.2x | 8.8x | 1.8x |
| Tue, 27 Jun 2023 | AU$3.2b | AU$1.9b | AU$396.1m | 65x | 8x | 1.6x |
| Thu, 25 May 2023 | AU$3.2b | AU$2.0b | AU$403.9m | 55.5x | 7.9x | 1.6x |
| Sat, 22 Apr 2023 | AU$3.5b | AU$1.9b | AU$394.8m | 70.6x | 8.9x | 1.8x |
| Mon, 20 Mar 2023 | AU$3.3b | AU$1.9b | AU$395.2m | 79x | 8.5x | 1.7x |
| Wed, 15 Feb 2023 | AU$4.0b | AU$2.0b | AU$397.8m | 7.4x | 10.2x | 2.1x |
| Fri, 13 Jan 2023 | AU$3.7b | AU$2.0b | AU$401.8m | 7.5x | 9.1x | 1.9x |
| Sun, 11 Dec 2022 | AU$3.8b | AU$2.0b | AU$408.2m | 8.6x | 9.2x | 1.9x |
| Tue, 08 Nov 2022 | AU$3.6b | AU$2.1b | AU$433.1m | 6.3x | 8.2x | 1.7x |
| Thu, 06 Oct 2022 | AU$3.5b | AU$2.1b | AU$429.3m | 6.3x | 8.2x | 1.7x |
| Sat, 03 Sep 2022 | AU$3.5b | AU$2.0b | AU$433.1m | 4.7x | 8x | 1.7x |
| Mon, 01 Aug 2022 | AU$3.5b | AU$2.0b | AU$645.3m | 4.6x | 5.4x | 1.7x |
| Wed, 29 Jun 2022 | AU$3.3b | AU$2.0b | AU$648.2m | 5.5x | 5.1x | 1.6x |
| Fri, 27 May 2022 | AU$3.9b | AU$2.0b | AU$637.1m | 6.6x | 6.2x | 2x |
| Sun, 24 Apr 2022 | AU$4.3b | AU$1.9b | AU$619.7m | 8.6x | 7x | 2.2x |
| Tue, 22 Mar 2022 | AU$3.8b | AU$1.9b | AU$607.6m | 8.2x | 6.2x | 2x |
| Thu, 17 Feb 2022 | AU$3.6b | AU$2.1b | AU$779.2m | 7.9x | 4.7x | 1.8x |
| Sat, 15 Jan 2022 | AU$3.5b | AU$2.0b | AU$762.6m | 8.1x | 4.6x | 1.7x |
| Mon, 13 Dec 2021 | AU$3.2b | AU$2.1b | AU$776.6m | 7.4x | 4.1x | 1.5x |
| Wed, 10 Nov 2021 | AU$3.2b | AU$2.0b | AU$752.1m | 8x | 4.2x | 1.6x |
| Fri, 08 Oct 2021 | AU$2.9b | AU$2.1b | AU$770.9m | 5.8x | 3.7x | 1.4x |
| Sun, 05 Sep 2021 | AU$3.4b | AU$1.9b | AU$747.3m | 11.1x | 4.6x | 1.8x |
| Tue, 03 Aug 2021 | AU$3.3b | AU$1.9b | AU$747.3m | 11.8x | 4.4x | 1.7x |
Price to Earnings Ratio
4.7x
Current Industry PE
- Investors are optimistic on the Australian Precious Metals and Minerals industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.9% per year, which is driving profits down.
Industry Comparison
How does Australian Precious Metals and Minerals compare with similar industries?
| AU Market | 1.47% | |
| Materials | 4.02% | |
| Metals and Mining | 5.12% | |
| Precious Metals and Minerals | 1.40% | |
| Silver | 10.46% | |
| Diversified Metals and Mining | 5.76% | |
| Gold | 4.66% | |
| Copper | 4.46% | |
| Steel | 3.72% | |
| Aluminum | 1.69% | |
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 | |
|---|---|---|---|---|---|
| IPX IperionX | AU$2.26 | 11.3% +AU$52.6m | 151.8% | PB11.4x | |
| ZIM Zimplats Holdings | AU$16.89 | 1.1% +AU$20.5m | -29.1% | PE32.6x | |
| NWF Newfield Resources | AU$0.15 | 14.8% +AU$18.8m | -38.0% | PS70.5x | |
| PGM Platina Resources | AU$0.028 | 27.3% +AU$3.7m | -3.4% | PE2.1x | |
| VMC Venus Metals | AU$0.086 | 4.9% +AU$758.9k | -53.5% | PE0.5x |