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Australian (ASX) Copper Industry Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies11
  • 7D3.3%
  • 3M18.6%
  • 1Y99.4%
  • YTDn/a

In the last week, the Copper industry is up 3.3%, with Sandfire Resources up 3.2%. In the last 12 months, the industry was up 99%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jan 2026AU$10.1bAU$2.5bAU$111.8m38.2x90.5x4x
Thu, 04 Dec 2025AU$8.8bAU$2.5bAU$113.8m32.8x77x3.5x
Sat, 01 Nov 2025AU$10.1bAU$3.0bAU$28.9m31.2x349.5x3.3x
Mon, 29 Sep 2025AU$7.2bAU$2.5bAU$108.7m27.1x66.5x2.8x
Wed, 27 Aug 2025AU$6.4bAU$2.4bAU$78.4m25.5x81x2.7x
Fri, 25 Jul 2025AU$5.7bAU$2.3bAU$69.6m23.8x82.1x2.5x
Sun, 22 Jun 2025AU$5.7bAU$2.3bAU$72.1m22.5x78.8x2.4x
Tue, 20 May 2025AU$5.3bAU$2.3bAU$73.0m21.2x72.3x2.3x
Thu, 17 Apr 2025AU$4.7bAU$2.4bAU$74.5m19.1x63.3x2x
Sat, 15 Mar 2025AU$5.4bAU$2.4bAU$97.8m21.4x55.6x2.3x
Mon, 10 Feb 2025AU$5.4bAU$2.1b-AU$111,012,703.60n/a-48.3x2.6x
Wed, 08 Jan 2025AU$4.8bAU$2.1b-AU$110,984,946.80n/a-43.5x2.3x
Fri, 06 Dec 2024AU$5.2bAU$2.0b-AU$110,291,026.80n/a-47.4x2.6x
Sun, 03 Nov 2024AU$5.3bAU$2.0b-AU$92,604,222.00n/a-56.9x2.7x
Tue, 01 Oct 2024AU$5.5bAU$1.9b-AU$90,070,647.80n/a-60.8x2.9x
Thu, 29 Aug 2024AU$4.5bAU$1.8b-AU$269,916,743.50n/a-16.6x2.5x
Sat, 27 Jul 2024AU$4.3bAU$1.8b-AU$273,852,838.00n/a-15.6x2.4x
Mon, 24 Jun 2024AU$4.6bAU$1.8b-AU$272,408,827.00n/a-17.1x2.6x
Wed, 22 May 2024AU$5.3bAU$1.8b-AU$271,950,780.50n/a-19.4x3x
Fri, 19 Apr 2024AU$4.7bAU$1.8b-AU$276,422,556.50n/a-16.9x2.6x
Sun, 17 Mar 2024AU$4.2bAU$1.8b-AU$274,919,128.50n/a-15.4x2.4x
Tue, 13 Feb 2024AU$3.5bAU$1.9b-AU$263,967,161.60n/a-13.3x1.9x
Thu, 11 Jan 2024AU$12.9bAU$3.7b-AU$54,516,442.0045.6x-236x3.4x
Sat, 09 Dec 2023AU$12.8bAU$3.8b-AU$55,682,060.0045.6x-229.8x3.4x
Mon, 06 Nov 2023AU$12.8bAU$3.8b-AU$56,827,047.0045.6x-224.5x3.4x
Wed, 04 Oct 2023AU$12.7bAU$3.8b-AU$58,637,365.0045.6x-217.2x3.3x
Fri, 01 Sep 2023AU$13.0bAU$3.7bAU$19.2m45.6x680.6x3.5x
Sun, 30 Jul 2023AU$13.1bAU$4.0bAU$142.7m57.2x92x3.3x
Tue, 27 Jun 2023AU$12.8bAU$4.0bAU$142.6m53.9x89.8x3.2x
Thu, 25 May 2023AU$12.7bAU$4.0bAU$143.3m51.7x88.4x3.2x
Sat, 22 Apr 2023AU$13.3bAU$4.0bAU$142.3m58.2x93.5x3.3x
Mon, 20 Mar 2023AU$12.6bAU$4.0bAU$136.2m51.6x92.7x3.2x
Wed, 15 Feb 2023AU$13.0bAU$3.7bAU$474.9m25.2x27.5x3.5x
Fri, 13 Jan 2023AU$13.0bAU$3.7bAU$476.4m25.2x27.4x3.5x
Price to Earnings Ratio

27.4x


Total Market Cap: AU$13.0bTotal Earnings: AU$476.4mTotal Revenue: AU$3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Copper Industry Price to Earnings3Y Average 0.9x202420252026
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 90.5x which is higher than its 3-year average PE of 0.89x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 38% per year over the last three years,
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Copper compare with similar industries?

AU Market0.047%
Materials1.33%
Metals and Mining1.37%
Copper3.34%
Aluminum4.24%
Diversified Metals and Mining2.34%
Steel2.32%
Silver-1.05%
Gold-1.23%
Precious Metals and Minerals-4.16%
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
SFR Sandfire ResourcesAU$18.453.2%
+AU$263.2m		98.8%PE61.1x
AR1 Austral Resources AustraliaAU$0.08450.0%
+AU$47.6m		n/aPS1.7x
CYM Cyprium MetalsAU$0.5612.0%
+AU$29.5m		133.3%PB3.2x
HCH Hot ChiliAU$1.509.5%
+AU$23.1m		113.6%PB1.2x
AIS Aeris ResourcesAU$0.602.5%
+AU$17.2m		236.1%PE15.4x

Latest News

NFM
AU$0.017
New Frontier Minerals
7D
-5.6%
1Y
6.3%
HGO
AU$0.048
Hillgrove Resources
7D
-2.0%
1Y
-7.7%

HGO: Future Copper Production And Cost Discipline Will Drive Share Upside

Analysts have lowered their price target on Hillgrove Resources from $0.10 to $0.08 per share, reflecting expectations for slower revenue growth, reduced profit margins, and a higher future price-to-earnings multiple, all discounted at a slightly higher rate. What's in the News Issued new guidance for the fourth quarter of fiscal 2025, flagging improved sales volumes as Nugent stoping ramps up and inventory becomes available for shipment (Corporate guidance) Reaffirmed full year 2025 copper production guidance of 11,000 to 11,500 tonnes, underscoring confidence in mine performance and throughput (Corporate guidance) Reported third quarter 2025 operating results with copper production up 8% to 2,808 tonnes and an average realized copper price of $14,447 per tonne (Operating results) Reduced gross all in sustaining costs by 10% quarter on quarter, keeping year to date all in costs at USD 4.24 per pound, in line with guidance of USD 4.2 to USD 4.45 per pound (Operating results) Completed an equity placement of AUD 28 million at AUD 0.035 per share and called a special shareholders meeting on November 25, 2025 to ratify tranche 1 and approve tranche 2 and director participation (Capital raising and shareholder meeting) Valuation Changes The fair value estimate has decreased moderately from A$0.10 to A$0.08 per share, indicating a lower intrinsic valuation for Hillgrove Resources.
HCH
AU$1.50
Hot Chili
7D
9.5%
1Y
113.6%
NRX
AU$0.013
Noronex
7D
-7.1%
1Y
18.2%
AIS
AU$0.60
Aeris Resources
7D
2.5%
1Y
236.1%
CPO
AU$0.013
Culpeo Minerals
7D
8.3%
1Y
-40.9%
SFR
AU$18.45
Sandfire Resources
7D
3.2%
1Y
98.8%

SFR: Future Profitability Assumptions Will Likely Expose Downside Risk

Analysts have raised their price target for Sandfire Resources by approximately A$0.64 to A$15.30, citing slightly higher long term revenue growth and profit margin assumptions. Valuation Changes The fair value estimate has risen slightly from A$14.66 to A$15.30 per share, reflecting a modest uplift in intrinsic valuation.
CYM
AU$0.56
Cyprium Metals
7D
12.0%
1Y
133.3%
AR1
AU$0.084
Austral Resources Australia
7D
50.0%
1Y
n/a
RRR
AU$0.08
Revolver Resources Holdings
7D
-3.6%
1Y
220.0%