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

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 56.4x which is higher than its 3-year average PE of -0.67x. The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.6x.

How does Australian Copper compare with similar industries?

There are no additional sub-industries under this industry.

Australian (ASX) Copper Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 01 Jul 2026	AU$12.1b	AU$2.6b	AU$214.5m	44.9x	56.4x	4.6x
Fri, 29 May 2026	AU$12.1b	AU$2.6b	AU$208.1m	45.9x	58x	4.7x
Sun, 26 Apr 2026	AU$9.5b	AU$2.6b	AU$213.4m	41.4x	44.6x	3.7x
Tue, 24 Mar 2026	AU$8.2b	AU$2.6b	AU$214.5m	34.6x	38.3x	3.1x
Thu, 19 Feb 2026	AU$10.3b	AU$2.4b	AU$104.1m	39.8x	99.3x	4.3x
Sat, 17 Jan 2026	AU$10.5b	AU$2.5b	AU$111.3m	39.8x	94.7x	4.2x
Mon, 15 Dec 2025	AU$9.2b	AU$2.5b	AU$112.5m	35x	82.2x	3.7x
Wed, 12 Nov 2025	AU$8.6b	AU$2.6b	AU$115.2m	31.8x	74.8x	3.4x
Fri, 10 Oct 2025	AU$8.7b	AU$2.5b	AU$113.7m	33x	76.7x	3.4x
Sun, 07 Sep 2025	AU$6.3b	AU$2.5b	AU$107.2m	23x	59.2x	2.5x
Tue, 05 Aug 2025	AU$5.5b	AU$2.3b	AU$72.3m	22.3x	76.3x	2.4x
Thu, 03 Jul 2025	AU$5.7b	AU$2.3b	AU$70.5m	23x	80.5x	2.5x
Sat, 31 May 2025	AU$5.8b	AU$2.3b	AU$73.5m	22.9x	78.5x	2.5x
Mon, 28 Apr 2025	AU$5.1b	AU$2.4b	AU$73.9m	20.8x	68.6x	2.2x
Wed, 26 Mar 2025	AU$5.8b	AU$2.4b	AU$74.5m	23.2x	77.7x	2.4x
Fri, 21 Feb 2025	AU$5.5b	AU$2.3b	AU$53.0m	36.3x	103.2x	2.4x
Sun, 19 Jan 2025	AU$5.1b	AU$2.1b	-AU$111,345,785.20	n/a	-45.6x	2.4x
Tue, 17 Dec 2024	AU$4.9b	AU$2.1b	-AU$110,653,600.00	n/a	-44.7x	2.4x
Thu, 14 Nov 2024	AU$5.1b	AU$2.0b	-AU$92,713,514.40	n/a	-54.7x	2.6x
Sat, 12 Oct 2024	AU$5.5b	AU$1.9b	-AU$91,899,893.20	n/a	-59.5x	2.8x
Mon, 09 Sep 2024	AU$4.2b	AU$1.9b	-AU$97,048,606.40	n/a	-43.4x	2.2x
Wed, 07 Aug 2024	AU$4.3b	AU$1.8b	-AU$275,320,139.50	n/a	-15.5x	2.3x
Fri, 05 Jul 2024	AU$4.7b	AU$1.8b	-AU$270,918,235.00	n/a	-17.4x	2.7x
Sun, 02 Jun 2024	AU$4.8b	AU$1.8b	-AU$272,230,266.50	n/a	-17.8x	2.7x
Tue, 30 Apr 2024	AU$5.0b	AU$1.8b	-AU$273,814,020.50	n/a	-18.4x	2.8x
Thu, 28 Mar 2024	AU$4.3b	AU$1.8b	-AU$275,610,080.00	n/a	-15.8x	2.4x
Sat, 24 Feb 2024	AU$3.7b	AU$1.8b	-AU$303,126,337.50	n/a	-12.2x	2x
Mon, 22 Jan 2024	AU$12.8b	AU$3.8b	-AU$55,769,739.00	45.6x	-229.7x	3.4x
Wed, 20 Dec 2023	AU$13.0b	AU$3.7b	-AU$54,196,671.00	45.6x	-239x	3.5x
Fri, 17 Nov 2023	AU$12.7b	AU$3.8b	-AU$56,863,150.00	45.6x	-223.8x	3.4x
Sun, 15 Oct 2023	AU$12.6b	AU$3.8b	-AU$59,488,369.00	45.6x	-212.2x	3.3x
Tue, 12 Sep 2023	AU$13.0b	AU$3.8b	-AU$63,188,986.00	45.6x	-205x	3.4x
Thu, 10 Aug 2023	AU$12.9b	AU$4.0b	AU$143.4m	55.9x	90.2x	3.2x
Sat, 08 Jul 2023	AU$12.7b	AU$4.0b	AU$142.5m	52.6x	89x	3.2x


AU Market	0.033%
Materials	-2.87%
Metals and Mining	-3.42%
Copper	-2.64%
Steel	-0.98%
Precious Metals and Minerals	-1.21%
Aluminum	-1.97%
Diversified Metals and Mining	-2.00%
Silver	-6.14%
Gold	-9.31%

	Company	Last Price	7D	1Y	Valuation
	AR1 Austral Resources Australia	AU$0.072	1.4% +AU$2.5m	n/a	PS25.4x

Announcement • Jun 30

New Frontier Minerals Limited Accelerates Harts Range Exploration Following District-Scale Validation

New Frontier Minerals Ltd. advised that its geological field teams will return to the Harts Range Heavy Rare Earths and Niobium Project ("Harts Range" or the "Project"), located approximately 140 km north-east of Alice Springs in the Northern Territory. With only six of approximately 46 priority targets drill-tested to date, the upcoming field programme will focus on advancing the assessment of the approximately 40 remaining untested targets, with initial activities centred on the high-priority Kings Cross Prospect. NFM's geological team will return to the Harts Range Project in July 2026 to commence the next phase of field activities, including systematic evaluation of high-priority exploration targets across the project area. Of the 46 priority geophysical targets identified by Southern Geoscience Consultants, only six have been drill-tested to date, leaving 40 high-priority targets available for follow-up exploration. The upcoming field programme will prioritise the Kings Cross Prospect, a prominent magnetic anomaly measuring approximately 150-200 metres in diameter and extending to a similar depth. Field activities at Kings Cross will include detailed geological mapping, rock-chip sampling and ground-truthing to refine the geological model and assess the source of the magnetic anomaly. Recent BHP Xplor-backed research released by Litchfield Minerals (ASX: LMS) reframes the broader Harts Range as an emerging district-scale Copper-Nickel-PGE mineral system with significant discovery potential. The Harts Range region remains highly prospective for HREE, Niobium and Tungsten mineralisation, reinforcing the strategic significance of New Frontier's extensive tenure position. The Harts Range Project hosts approximately 46 priority geophysical targets, defined by Southern Geoscience Consultants (SGC) through integrated interpretation of airborne magnetic and geophysical signatures - including discrete magnetic features, structural intersections and radiometric responses - considered prospective for the Project's primary commodity suite of heavy rare earth elements (HREE), niobium and tungsten. To date, only 6 of these 46 targets have been drill-tested, through the New Frontier's maiden reverse-circulation (RC) scout programme completed in early 2026. With approximately 40 priority targets remaining untested, evaluation of the Project's target inventory is at an early stage, and New Frontier's geological field teams will return to site in July 2026 to systematically advance the pipeline. The untested 40 out of 46 represents substantial exploration potential. The July 2026 field programme is designed to build systematically on these early results through targeted mapping, rock-chip and soil sampling, and the prioritisation of targets for potential future drill-testing. A key focus for the upcoming programme is the Kings Cross Prospect, located in the south of EL32513. Recent airborne geophysical surveys identified a prominent local magnetic anomaly at Kings Cross (507884 mE, 7442739 mN; GDA94, MGA Zone 53), which preliminary review by Southern Geoscience Consultants interprets as a large, discrete magnetic feature approximately 150 to 200 m in diameter and extending to a similar depth. The anomaly is spatially associated with a prominent east-west-trending fault mapped from 1:10,000 geophysical interpretation. Kings Cross remains an untested, high-priority target, and New Frontier's geological field team will return to site next month to further assess the prospect for polymetallic prospectivity. New Frontier's upcoming field programme will include detailed geological mapping and surface sampling of the Kings Cross prospect, which has been identified as a compelling magnetic anomaly hosted within a calc-silicate package. A review of the geophysical data by Southern Geoscience Consultants has highlighted a complex, potentially remanently magnetised magnetic feature located to the east of the prospect as the primary exploration target. Several additional magnetic features to the west and southwest have also been identified as secondary targets. The Company believes these magnetic anomalies should be readily identifiable in the field and that systematic geological mapping and geochemical sampling will be critical in determining the source of the anomalism and assessing its significance for mineralisation. Understanding the nature of the magnetic unit and any associated alteration systems will provide an important foundation for evaluating the prospect's mineral potential and may support the implementation of follow-up geophysical surveys, including electromagnetic (EM) methods. The target exhibits similarities to the nearby Jervois mineral field, where mineralisation is associated with complex magnetic signatures that include a component of magnetic remanence. Recent BHP Xplor-backed research released by Litchfield Minerals has highlighted the broader Harts Range region as a district-scale copper-nickel mineral system with significant discovery potential. The research provides important regional validation of the mineral endowment of the belt that hosts New Frontier's Harts Range Project. The findings validate the prospectivity of New Frontier's largely untested tenure position and supports the assessment of several priority targets. This includes the Kings Cross magnetic anomaly, where upcoming field activities will focus on refining the geological model and evaluating its potential significance within the broader district-scale mineral system. NFM's July 2026 field programme to include: Mobilisation of NFM geological field team to Harts Range in early July 2026, with a focus on mapping and surface sampling at the Kings Cross magnetic anomaly in the south of EL32513. Continue to undertake systematic evaluation and exploration of the remaining 40 untested priority geophysical targets. Mapping, sampling and assay results to be reported as they become available.

Australian (ASX) Copper Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New major risk - Financial position

New Frontier Minerals Limited Accelerates Harts Range Exploration Following District-Scale Validation

SFR: Rising Copper Prices May Not Justify Rich Earnings Multiple

AIS: Higher Future P/E And Margins Will Support Re Rating

HGO: Modest Assumption Shifts Will Keep Future Upside And Risks Balanced

Hot Chili Limited Reports Strong Copper-Gold Drill Results at La Verde Project

Independent Non-Executive Director recently bought AU$60k worth of stock

Austral Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 65 million.

Revolver Resources Holdings Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.825 million.