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Australian (ASX) Metals and Mining Industry Analysis

UpdatedJan 30, 2025
DataAggregated Company Financials
Companies687
  • 7D-1.9%
  • 3M-6.5%
  • 1Y-13.9%
  • YTD0.9%

Over the last 7 days, the Metals and Mining industry has dropped 1.9%, driven by South32 declining 4.8%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Australian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jan 2025AU$445.5bAU$213.8bAU$21.7b12.8x20.6x2.1x
Sat, 28 Dec 2024AU$438.1bAU$214.0bAU$21.7b13.1x20.2x2x
Mon, 25 Nov 2024AU$450.3bAU$207.7bAU$20.7b11.9x21.7x2.2x
Wed, 23 Oct 2024AU$472.9bAU$203.9bAU$20.3b12.9x23.3x2.3x
Fri, 20 Sep 2024AU$436.3bAU$201.5bAU$19.5b14.4x22.4x2.2x
Sun, 18 Aug 2024AU$428.7bAU$209.0bAU$21.2b12.7x20.2x2.1x
Tue, 16 Jul 2024AU$479.2bAU$205.7bAU$20.4b14.3x23.5x2.3x
Thu, 13 Jun 2024AU$483.2bAU$210.1bAU$21.0b14x23.1x2.3x
Sat, 11 May 2024AU$498.0bAU$210.6bAU$21.1b14.5x23.6x2.4x
Mon, 08 Apr 2024AU$493.0bAU$213.0bAU$21.4b13.1x23x2.3x
Wed, 06 Mar 2024AU$492.2bAU$214.1bAU$22.3b12.2x22.1x2.3x
Fri, 02 Feb 2024AU$550.3bAU$224.7bAU$33.2b11.7x16.6x2.4x
Sun, 31 Dec 2023AU$590.1bAU$218.4bAU$31.8b12.5x18.5x2.7x
Tue, 28 Nov 2023AU$533.1bAU$222.8bAU$32.7b10.7x16.3x2.4x
Thu, 26 Oct 2023AU$519.1bAU$228.9bAU$34.2b10.3x15.2x2.3x
Sat, 23 Sep 2023AU$523.1bAU$226.2bAU$33.9b11.2x15.4x2.3x
Mon, 21 Aug 2023AU$519.2bAU$239.1bAU$49.6b10.2x10.5x2.2x
Wed, 19 Jul 2023AU$554.3bAU$230.1bAU$47.7b10.3x11.6x2.4x
Fri, 16 Jun 2023AU$551.3bAU$230.2bAU$47.8b10x11.5x2.4x
Sun, 14 May 2023AU$539.1bAU$233.9bAU$48.8b9.6x11x2.3x
Tue, 11 Apr 2023AU$543.2bAU$234.1bAU$49.0b9.3x11.1x2.3x
Thu, 09 Mar 2023AU$554.3bAU$230.8bAU$49.1b10.1x11.3x2.4x
Sat, 04 Feb 2023AU$574.3bAU$222.1bAU$51.2b12.1x11.2x2.6x
Mon, 02 Jan 2023AU$529.4bAU$227.4bAU$52.4b10.8x10.1x2.3x
Wed, 30 Nov 2022AU$528.9bAU$230.4bAU$53.3b11.3x9.9x2.3x
Fri, 28 Oct 2022AU$480.9bAU$234.2bAU$54.5b9.7x8.8x2.1x
Sun, 25 Sep 2022AU$468.7bAU$232.7bAU$54.9b8.6x8.5x2x
Tue, 23 Aug 2022AU$493.7bAU$220.8bAU$54.4b10.1x9.1x2.2x
Thu, 21 Jul 2022AU$440.4bAU$218.6bAU$46.8b8.8x9.4x2x
Sat, 18 Jun 2022AU$490.1bAU$216.4bAU$46.2b9.4x10.6x2.3x
Mon, 16 May 2022AU$524.6bAU$218.0bAU$46.8b10.3x11.2x2.4x
Wed, 13 Apr 2022AU$599.4bAU$206.5bAU$43.6b12.2x13.7x2.9x
Fri, 11 Mar 2022AU$561.1bAU$207.0bAU$44.2b12.7x12.7x2.7x
Sun, 06 Feb 2022AU$538.0bAU$190.8bAU$38.3b16.2x14.1x2.8x
Price to Earnings Ratio

14.1x


Total Market Cap: AU$538.0bTotal Earnings: AU$38.3bTotal Revenue: AU$190.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Metals and Mining Industry Price to Earnings3Y Average 15.3x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 20.6x which is higher than its 3-year average PE of 15.3x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% 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 Trends

Which industries have driven the changes within the Australian Materials industry?

AU Market0.22%
Materials-1.75%
Metals and Mining-1.88%
Aluminum0.031%
Steel-0.11%
Gold-1.31%
Diversified Metals and Mining-2.49%
Copper-3.47%
Silver-3.70%
Precious Metals and Minerals-5.18%
Industry PE
  • Investors are most optimistic about the Gold industry even though it's trading below its 3-year average PE ratio of 63.4x.
    • Analysts are expecting annual earnings growth of 26.0%, which is lower than the prior year's growth of 42.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 67% over the next 5 years.
  • This is better than its past earnings decline of 96% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 15% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BHP BHP GroupAU$39.480.9%
+AU$1.8b
-16.2%PE15.8x
FMG FortescueAU$19.142.8%
+AU$1.6b
-35.1%PE6.5x
BSL BlueScope SteelAU$20.984.2%
+AU$372.0m
-10.3%PE11.4x
EMR Emerald ResourcesAU$4.1410.7%
+AU$262.8m
35.3%PE32.3x
MIN Mineral ResourcesAU$35.931.6%
+AU$109.2m
-38.5%PE56.1x
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Latest News

RRL

AU$2.97

Regis Resources

7D

-7.5%

1Y

50.4%

RMS

AU$2.40

Ramelius Resources

7D

3.0%

1Y

52.4%

SMR

AU$2.62

Stanmore Resources

7D

-7.7%

1Y

-33.0%

NIC

AU$0.78

Nickel Industries

7D

-6.0%

1Y

0%

S32

AU$3.36

South32

7D

-4.8%

1Y

2.1%

NST

AU$16.86

Northern Star Resources

7D

-2.4%

1Y

26.1%

OBM

AU$0.79

Ora Banda Mining

7D

5.3%

1Y

259.1%

GMD

AU$3.12

Genesis Minerals

7D

2.3%

1Y

94.4%

EMR

AU$4.14

Emerald Resources

7D

10.7%

1Y

35.3%

MIN

AU$35.93

Mineral Resources

7D

1.6%

1Y

-38.5%

DEG

AU$1.95

De Grey Mining

7D

-3.2%

1Y

62.1%