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Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies461
  • 7D5.5%
  • 3M13.1%
  • 1Y33.2%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 5.5%, driven by gains from BHP Group of 4.3%. In the same time, Metallium was down 15%. In the last 12 months, the industry was up 33%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026AU$373.7bAU$108.8bAU$9.4b21.2x39.8x3.4x
Tue, 09 Dec 2025AU$338.4bAU$110.1bAU$9.3b19.6x36.4x3.1x
Thu, 06 Nov 2025AU$315.2bAU$112.2bAU$9.6b17.3x32.7x2.8x
Sat, 04 Oct 2025AU$317.8bAU$110.6bAU$9.4b19.1x34x2.9x
Mon, 01 Sep 2025AU$310.0bAU$111.5bAU$9.2b15.9x33.5x2.8x
Wed, 30 Jul 2025AU$285.3bAU$117.0bAU$11.8b13.1x24.1x2.4x
Fri, 27 Jun 2025AU$252.4bAU$116.6bAU$11.8b11.7x21.4x2.2x
Sun, 25 May 2025AU$261.9bAU$117.3bAU$11.9b12.2x22x2.2x
Tue, 22 Apr 2025AU$247.3bAU$118.4bAU$12.1b11.2x20.5x2.1x
Thu, 20 Mar 2025AU$270.6bAU$120.0bAU$12.2b11.6x22.1x2.3x
Sat, 15 Feb 2025AU$287.1bAU$123.2bAU$9.6b12.9x29.9x2.3x
Mon, 13 Jan 2025AU$279.9bAU$125.5bAU$9.2b12.9x30.3x2.2x
Wed, 11 Dec 2024AU$292.7bAU$121.3bAU$8.8b12.6x33.2x2.4x
Fri, 08 Nov 2024AU$304.4bAU$117.8bAU$8.5b11.9x35.9x2.6x
Sun, 06 Oct 2024AU$314.1bAU$115.5bAU$8.2b11.8x38.4x2.7x
Tue, 03 Sep 2024AU$282.6bAU$116.2bAU$8.3b12.9x34x2.4x
Thu, 01 Aug 2024AU$295.7bAU$123.2bAU$9.4b15.6x31.5x2.4x
Sat, 29 Jun 2024AU$301.5bAU$120.8bAU$9.2b15.2x32.9x2.5x
Mon, 27 May 2024AU$325.6bAU$121.2bAU$9.2b16x35.3x2.7x
Wed, 24 Apr 2024AU$325.6bAU$124.0bAU$9.4b12.9x34.5x2.6x
Fri, 22 Mar 2024AU$316.2bAU$123.4bAU$9.3b13.6x33.9x2.6x
Sun, 18 Feb 2024AU$322.0bAU$122.8bAU$19.7b10.3x16.3x2.6x
Tue, 16 Jan 2024AU$343.0bAU$126.9bAU$20.8b10.1x16.5x2.7x
Thu, 14 Dec 2023AU$342.6bAU$128.6bAU$21.1b9.9x16.2x2.7x
Sat, 11 Nov 2023AU$334.6bAU$131.9bAU$21.8b9.8x15.4x2.5x
Mon, 09 Oct 2023AU$333.6bAU$131.3bAU$21.7b9.8x15.4x2.5x
Wed, 06 Sep 2023AU$358.5bAU$131.5bAU$21.9b10.5x16.3x2.7x
Fri, 04 Aug 2023AU$359.2bAU$139.5bAU$34.9b8.4x10.3x2.6x
Sun, 02 Jul 2023AU$359.8bAU$137.3bAU$34.2b8.7x10.5x2.6x
Tue, 30 May 2023AU$350.8bAU$139.3bAU$34.8b8.2x10.1x2.5x
Thu, 27 Apr 2023AU$350.2bAU$138.0bAU$34.3b8.4x10.2x2.5x
Sat, 25 Mar 2023AU$340.3bAU$137.4bAU$34.3b8x9.9x2.5x
Mon, 20 Feb 2023AU$381.1bAU$134.9bAU$35.1b10.2x10.9x2.8x
Wed, 18 Jan 2023AU$389.4bAU$134.2bAU$34.7b10.1x11.2x2.9x
Price to Earnings Ratio

11.2x


Total Market Cap: AU$389.4bTotal Earnings: AU$34.7bTotal Revenue: AU$134.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 24.1x202420252026
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 39.7x which is higher than its 3-year average PE of 24.1x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 35% per year over the last three years,
  • Revenues have also declined 6.7% 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 Market0.16%
Materials4.41%
Metals and Mining4.36%
Diversified Metals and Mining5.50%
Aluminum5.73%
Steel5.35%
Copper3.82%
Gold1.42%
Precious Metals and Minerals1.11%
Silver-4.30%
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
BHP BHP GroupAU$47.724.3%
+AU$10.0b		20.3%PE18x
LYC Lynas Rare EarthsAU$14.1015.4%
+AU$1.9b		101.7%PE1776.2x
S32 South32AU$3.858.5%
+AU$1.3b		13.2%PE36.3x
LTR LiontownAU$2.0526.5%
+AU$1.3b		269.4%PS20.3x
PLS PLS GroupAU$4.657.9%
+AU$1.1b		112.3%PS19.5x

Latest News

S32
AU$3.85
South32
7D
8.5%
1Y
13.2%
IGO
AU$8.65
IGO
7D
5.4%
1Y
75.1%
SYR
AU$0.33
Syrah Resources
7D
-4.4%
1Y
44.4%

SYR: Shares Will Continue Rising As Stable Assumptions Support Future Earnings

Analysts have maintained their fair value estimate for Syrah Resources at A$0.48, with only minor adjustments to assumptions, including a slightly lower discount rate, a marginally different revenue growth outlook, and a largely unchanged future P/E and profit margin profile. Valuation Changes Fair Value: Unchanged at A$0.48 per share, with the updated model still pointing to a fair value of about A$0.48.
BHP
AU$47.72
BHP Group
7D
4.3%
1Y
20.3%

BHP: Commodity Cycles Legal Liabilities And Copper Projects Will Shape Future Performance

Analysts have trimmed their price target on BHP Group to £21.00 from £22.00, reflecting slightly updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E, while maintaining a neutral overall stance. Analyst Commentary Recent research on BHP Group has focused on fine tuning valuation assumptions rather than shifting the overall stance, with the latest move being a trim in the price target while keeping a neutral rating.
LYC
AU$14.10
Lynas Rare Earths
7D
15.4%
1Y
101.7%

LYC: Execution Risks On Project Pipeline Will Pressure Overextended Earnings Expectations

Narrative Update Analysts have lifted their price target for Lynas Rare Earths to A$17.80 from A$16.60, citing what they view as an attractive entry point after the recent share pullback and potential exploration upside from recent drilling results. Analyst Commentary Recent research has highlighted two key angles on Lynas Rare Earths.
PLS
AU$4.65
PLS Group
7D
7.9%
1Y
112.3%

PLS: Elevated Future P/E Will Constrain Returns Despite Firmer Margins

The analyst price target for PLS Group remains at US$2.10, with analysts citing slightly adjusted assumptions for revenue growth, profit margins and future P/E as the basis for maintaining this level. What's in the News On November 25, 2025, Pilbara Minerals Limited changed its name to PLS Group Limited, reflecting the new corporate identity of the company (Key Developments).
MIN
AU$57.09
Mineral Resources
7D
3.0%
1Y
66.0%

MIN: Bald Hill Sale And High Debt Will Pressure Future Returns

Analysts have raised their price target for Mineral Resources from A$15.00 to about A$21.79. They cite updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change.
ETM
AU$0.20
Energy Transition Minerals
7D
105.3%
1Y
170.8%
IVR
AU$0.13
Investigator Silver
7D
-16.1%
1Y
519.0%
LTR
AU$2.05
Liontown
7D
26.5%
1Y
269.4%

LTR: Higher Earnings Multiple Will Likely Prove Unsustainable Amid Moderating Outlook

Liontown's analyst price target has been lifted from A0.35 to A0.50 per share, as analysts factor in improved long term profit margins and a higher justified earnings multiple, despite moderating revenue growth expectations and a slightly higher discount rate. Valuation Changes Fair Value: raised from A$0.35 to A$0.50 per share, representing a substantial upward revision.
BHM
AU$1.08
Broken Hill Mines
7D
-9.3%
1Y
n/a
G50
AU$0.59
G50
7D
-18.1%
1Y
306.9%
GNG
AU$4.27
GR Engineering Services
7D
-2.7%
1Y
69.4%
MTM
AU$0.91
Metallium
7D
-15.0%
1Y
223.2%
TGN
AU$0.18
Tungsten Mining
7D
-20.0%
1Y
97.8%
PLA
AU$0.29
Pacific Lime and Cement
7D
-7.8%
1Y
5.4%

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Oct 01
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