Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies459
  • 7D4.2%
  • 3M9.2%
  • 1Y16.0%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 3.7%, driven by gains from Pilbara Minerals of 28%. In the same time, IperionX was down 6.7%. This takes the industry's 12 month performance to a gain of 13%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Nov 2025AU$321.5bAU$111.4bAU$9.5b15.7x33.8x2.9x
Sun, 12 Oct 2025AU$326.2bAU$112.1bAU$9.6b19.7x33.9x2.9x
Tue, 09 Sep 2025AU$300.6bAU$110.8bAU$9.2b15.3x32.7x2.7x
Thu, 07 Aug 2025AU$284.6bAU$117.1bAU$11.8b13.3x24x2.4x
Sat, 05 Jul 2025AU$268.8bAU$116.4bAU$11.7b12.8x22.9x2.3x
Mon, 02 Jun 2025AU$260.3bAU$118.0bAU$12.0b12.4x21.7x2.2x
Wed, 30 Apr 2025AU$258.4bAU$118.7bAU$12.1b11.7x21.3x2.2x
Fri, 28 Mar 2025AU$269.2bAU$120.7bAU$12.1b11.9x22.3x2.2x
Sun, 23 Feb 2025AU$287.6bAU$119.3bAU$12.4b12.1x23.2x2.4x
Tue, 21 Jan 2025AU$286.0bAU$124.5bAU$9.1b13.1x31.3x2.3x
Thu, 19 Dec 2024AU$280.3bAU$122.7bAU$9.0b13.1x31.2x2.3x
Sat, 16 Nov 2024AU$286.5bAU$120.2bAU$8.7b11.5x33x2.4x
Mon, 14 Oct 2024AU$308.4bAU$116.1bAU$8.2b13.2x37.4x2.7x
Wed, 11 Sep 2024AU$268.2bAU$117.6bAU$8.4b12.9x31.9x2.3x
Fri, 09 Aug 2024AU$280.1bAU$122.4bAU$9.3b15x30.1x2.3x
Sun, 07 Jul 2024AU$313.5bAU$119.4bAU$9.0b16.2x34.7x2.6x
Tue, 04 Jun 2024AU$325.0bAU$121.0bAU$9.2b16.2x35.4x2.7x
Thu, 02 May 2024AU$313.3bAU$123.2bAU$9.4b13.2x33.5x2.5x
Sat, 30 Mar 2024AU$316.9bAU$124.7bAU$9.3b13.4x33.9x2.5x
Mon, 26 Feb 2024AU$316.0bAU$123.0bAU$9.8b12.9x32.2x2.6x
Wed, 24 Jan 2024AU$329.9bAU$128.2bAU$21.0b9.8x15.7x2.6x
Fri, 22 Dec 2023AU$360.0bAU$125.6bAU$20.5b10.1x17.5x2.9x
Sun, 19 Nov 2023AU$342.5bAU$129.3bAU$21.3b9.7x16.1x2.6x
Tue, 17 Oct 2023AU$342.5bAU$132.7bAU$21.9b10.2x15.6x2.6x
Thu, 14 Sep 2023AU$340.3bAU$130.5bAU$21.7b9.7x15.7x2.6x
Sat, 12 Aug 2023AU$361.3bAU$139.6bAU$34.9b8.5x10.4x2.6x
Mon, 10 Jul 2023AU$350.4bAU$136.9bAU$34.1b8.7x10.3x2.6x
Wed, 07 Jun 2023AU$352.4bAU$137.3bAU$34.3b8.3x10.3x2.6x
Fri, 05 May 2023AU$349.9bAU$137.0bAU$34.1b8.3x10.3x2.6x
Sun, 02 Apr 2023AU$368.8bAU$136.7bAU$34.0b8.8x10.8x2.7x
Tue, 28 Feb 2023AU$356.8bAU$134.4bAU$34.4b9.7x10.4x2.7x
Thu, 26 Jan 2023AU$402.3bAU$132.7bAU$34.3b11.9x11.7x3x
Sat, 24 Dec 2022AU$362.4bAU$138.6bAU$36.0b9.7x10.1x2.6x
Mon, 21 Nov 2022AU$362.5bAU$138.7bAU$36.1b10.1x10x2.6x
Price to Earnings Ratio

10x


Total Market Cap: AU$362.5bTotal Earnings: AU$36.1bTotal Revenue: AU$138.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 22.8x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Diversified Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.8x which is higher than its 3-year average PE of 22.7x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 36% per year over the last three years,
  • Revenues have also declined 7.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Diversified Metals and Mining compare with similar industries?

AU Market-0.78%
Materials4.80%
Metals and Mining4.88%
Diversified Metals and Mining4.20%
Silver22.17%
Gold8.96%
Precious Metals and Minerals6.95%
Copper5.84%
Steel0.61%
Aluminum0.47%
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
PLS Pilbara MineralsAU$3.8230.4%
+AU$2.9b		20.9%PS16x
MIN Mineral ResourcesAU$50.7419.2%
+AU$1.6b		51.3%PS2.2x
IGO IGOAU$6.7334.9%
+AU$1.3b		32.2%PS9.6x
LTR Liontown ResourcesAU$1.4743.6%
+AU$1.3b		71.3%PS14.5x
LYC Lynas Rare EarthsAU$14.184.9%
+AU$664.3m		98.6%PE1786.3x

Latest News

LTR
AU$1.47
Liontown Resources
7D
43.6%
1Y
71.3%
NTU
AU$0.033
Northern Minerals
7D
-8.3%
1Y
65.0%
MIN
AU$50.74
Mineral Resources
7D
19.2%
1Y
51.3%
BRE
AU$4.38
Brazilian Rare Earths
7D
-5.8%
1Y
55.3%
LYC
AU$14.18
Lynas Rare Earths
7D
4.9%
1Y
98.6%

LYC: Profit Margins Will Improve Amid Global Rare Earth Supply Chain Shifts

Analysts have raised their price target for Lynas Rare Earths from $15.69 to $15.94. This update reflects improved profit margin expectations and minor upgrades to growth forecasts.
BHP
AU$42.75
BHP Group
7D
0.2%
1Y
6.7%
SVM
AU$0.54
Sovereign Metals
7D
-5.3%
1Y
-26.0%
PLS
AU$3.82
Pilbara Minerals
7D
30.4%
1Y
20.9%

PLS: Recent Price Rally Will Limit Further Upside Amid Market Uncertainty

The average analyst price target for Pilbara Minerals has increased by A$0.46 to A$2.69, as analysts cite improving profit margins, stronger forecasted revenue growth, and expectations of firmer lithium prices as key drivers behind the upward revision. Analyst Commentary Recent updates from equity research firms reflect a diversity of opinion on the outlook for Pilbara Minerals, with revisions both upwards and downwards in response to developments in the lithium market and company-specific performance.
S32
AU$3.17
South32
7D
3.6%
1Y
-10.7%

S32: Upcoming Asset Sale And Production Outlook Will Affect Future Returns

Analysts have modestly increased their price target for South32, raising the fair value estimate from $3.26 to $3.30. They cite updated views on discount rates as well as the outlook for growth and profitability.
IGO
AU$6.73
IGO
7D
34.9%
1Y
32.2%
SRL
AU$4.16
Sunrise Energy Metals
7D
-5.7%
1Y
1,440.7%

We're Not Very Worried About Sunrise Energy Metals' (ASX:SRL) Cash Burn Rate

Oct 28
We're Not Very Worried About Sunrise Energy Metals' (ASX:SRL) Cash Burn Rate
ATR
AU$0.70
Astron
7D
-12.5%
1Y
7.7%
WTM
AU$0.52
Waratah Minerals
7D
-26.4%
1Y
94.3%
IPX
AU$5.61
IperionX
7D
-4.1%
1Y
49.6%
NIC
AU$0.73
Nickel Industries
7D
9.0%
1Y
-19.3%

We Think Nickel Industries (ASX:NIC) Is Taking Some Risk With Its Debt

Sep 28
We Think Nickel Industries (ASX:NIC) Is Taking Some Risk With Its Debt
MRD
AU$0.028
Mount Ridley Mines
7D
-41.7%
1Y
180.0%