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Australian (ASX) Copper Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies12
  • 7D-0.2%
  • 3M-17.6%
  • 1Y70.2%
  • YTDn/a

The Copper is pretty flat in the last 7 days, but Hot Chili has stood out, gaining 28%. As for the the longer term, the industry is up 70% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Australian Copper Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 May 2026AU$9.5bAU$2.6bAU$212.0m41x44.9x3.7x
Tue, 31 Mar 2026AU$8.9bAU$2.6bAU$220.3m36.7x40.3x3.4x
Thu, 26 Feb 2026AU$11.3bAU$2.6bAU$186.7m29.5x60.3x4.4x
Sat, 24 Jan 2026AU$10.5bAU$2.5bAU$108.3m40.2x96.7x4.2x
Mon, 22 Dec 2025AU$9.2bAU$2.5bAU$113.3m34.4x80.9x3.6x
Wed, 19 Nov 2025AU$8.3bAU$2.6bAU$115.6m30.6x71.9x3.2x
Fri, 17 Oct 2025AU$9.8bAU$3.1bAU$29.2m31.1x336.4x3.2x
Sun, 14 Sep 2025AU$6.5bAU$2.5bAU$105.8m24.1x61x2.6x
Tue, 12 Aug 2025AU$5.9bAU$2.3bAU$71.4m24.2x82.5x2.5x
Thu, 10 Jul 2025AU$5.7bAU$2.3bAU$71.4m23.1x79.4x2.4x
Sat, 07 Jun 2025AU$5.9bAU$2.3bAU$72.0m23.4x81.8x2.5x
Mon, 05 May 2025AU$5.1bAU$2.3bAU$72.9m21x70.4x2.2x
Wed, 02 Apr 2025AU$5.3bAU$2.4bAU$77.2m21x68x2.2x
Fri, 28 Feb 2025AU$5.5bAU$2.3bAU$55.2m35.6x98.7x2.4x
Sun, 26 Jan 2025AU$5.1bAU$2.1b-AU$110,827,080.00n/a-45.7x2.5x
Tue, 24 Dec 2024AU$4.9bAU$2.1b-AU$111,130,670.00n/a-43.8x2.3x
Thu, 21 Nov 2024AU$5.1bAU$2.0b-AU$92,821,072.00n/a-55x2.6x
Sat, 19 Oct 2024AU$5.4bAU$1.9b-AU$91,984,898.40n/a-58.8x2.8x
Mon, 16 Sep 2024AU$4.5bAU$1.9b-AU$96,230,506.60n/a-47x2.3x
Wed, 14 Aug 2024AU$4.2bAU$1.8b-AU$273,262,812.00n/a-15.4x2.3x
Fri, 12 Jul 2024AU$4.7bAU$1.8b-AU$270,475,715.50n/a-17.4x2.7x
Sun, 09 Jun 2024AU$4.7bAU$1.8b-AU$273,511,244.00n/a-17.3x2.6x
Tue, 07 May 2024AU$5.0bAU$1.8b-AU$272,703,840.00n/a-18.3x2.8x
Thu, 04 Apr 2024AU$4.5bAU$1.8b-AU$274,761,167.50n/a-16.3x2.5x
Sat, 02 Mar 2024AU$3.8bAU$1.8b-AU$272,799,203.50n/a-14.1x2.1x
Mon, 29 Jan 2024AU$13.1bAU$3.8b-AU$55,970,886.0045.6x-233.3x3.5x
Wed, 27 Dec 2023AU$13.0bAU$3.7b-AU$53,510,710.0045.6x-243x3.5x
Fri, 24 Nov 2023AU$12.7bAU$3.8b-AU$56,141,086.0045.6x-225.6x3.4x
Sun, 22 Oct 2023AU$12.6bAU$3.8b-AU$59,307,853.0045.6x-211.8x3.3x
Tue, 19 Sep 2023AU$12.9bAU$3.8b-AU$63,054,888.0045.6x-204.6x3.4x
Thu, 17 Aug 2023AU$12.8bAU$4.0bAU$144.2m53.4x88.7x3.2x
Sat, 15 Jul 2023AU$13.1bAU$3.9bAU$141.3m57.4x92.6x3.3x
Mon, 12 Jun 2023AU$12.9bAU$4.0bAU$142.1m54.6x90.7x3.2x
Wed, 10 May 2023AU$13.2bAU$4.0bAU$142.0m58.3x92.7x3.3x
Price to Earnings Ratio

92.7x


Total Market Cap: AU$13.2bTotal Earnings: AU$142.0mTotal Revenue: AU$4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Copper Industry Price to Earnings3Y Average 1.1x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Copper industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 1.1x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have grown 14% per year over the last three years.
  • Meanwhile revenues for these companies have declined 14% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian Copper compare with similar industries?

AU Market-0.54%
Materials-1.22%
Metals and Mining-1.18%
Copper-0.17%
Steel1.47%
Diversified Metals and Mining-0.14%
Aluminum-2.12%
Silver-5.29%
Gold-5.39%
Precious Metals and Minerals-9.32%
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
HCH Hot ChiliAU$1.8927.8%
+AU$82.9m		296.8%PB1.7x
AIS Aeris ResourcesAU$0.409.7%
+AU$41.9m		107.9%PE7.4x
HGO Hillgrove ResourcesAU$0.042.6%
+AU$3.4m		17.6%PE1484.4x

Latest News

NFM
AU$0.007
New Frontier Minerals
7D
-12.5%
1Y
-50.0%
NRX
AU$0.01
Noronex
7D
-9.1%
1Y
-33.3%
AIS
AU$0.40
Aeris Resources
7D
9.7%
1Y
107.9%

AIS: Higher Future P/E And Stable Fair Value Will Support Upside

Analysts have adjusted their price target on Aeris Resources to A$0.90 from A$0.90, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that leave their overall valuation view essentially unchanged. Valuation Changes Fair Value: A$0.90 remains unchanged, indicating no shift in the overall valuation outcome.
HGO
AU$0.04
Hillgrove Resources
7D
2.6%
1Y
17.6%

HGO: Higher Future P/E Assumptions Will Support Stronger Copper Opportunity

Analysts have trimmed Hillgrove Resources' fair value estimate slightly from A$0.073 to A$0.072, reflecting updated assumptions that combine a higher discount rate and higher revenue growth with lower projected profit margins and a higher future P/E multiple. Valuation Changes Fair Value: trimmed slightly from A$0.07333 to A$0.07167.
SFR
AU$16.78
Sandfire Resources
7D
-1.6%
1Y
65.0%

SFR: Free Cash Flow And Commodity Assumptions Will Guide Fair Outcome

Analysts have trimmed their fair value estimate for Sandfire Resources by A$0.17 to A$18.81, reflecting updated assumptions on discount rates, revenue growth, margins and future P/E, following recent research that includes higher Street price targets in the A$18 to A$21 range and continued focus on free cash flow and revised commodity price decks. Analyst Commentary Bullish Takeaways Bullish analysts point to strong free cash flow as a key support for the current valuation, arguing that consistent cash generation offers flexibility for funding projects or strengthening the balance sheet.
HCH
AU$1.89
Hot Chili
7D
27.8%
1Y
296.8%
CYM
AU$0.36
Cyprium Metals
7D
-1.4%
1Y
82.5%
AR1
AU$0.078
Austral Resources Australia
7D
-2.5%
1Y
n/a
CPO
AU$0.012
Culpeo Minerals
7D
-14.3%
1Y
0%
RRR
AU$0.069
Revolver Resources Holdings
7D
-4.2%
1Y
109.1%