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Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies464
  • 7D8.2%
  • 3M33.3%
  • 1Y56.5%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 8.2%, driven by gains from BHP Group of 8.5%. Meanwhile, Sunrise Energy Metals actually underperformed within the industry, shrinking 24% in the last week. In the last 12 months, the industry was up 57%. As for the next few years, earnings are expected to grow by 14% 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, 27 Feb 2026AU$438.5bAU$108.2bAU$12.5b18.7x35.1x4.1x
Sun, 25 Jan 2026AU$391.5bAU$106.1bAU$9.0b21.1x43.5x3.7x
Tue, 23 Dec 2025AU$345.9bAU$109.9bAU$9.3b20.5x37.3x3.1x
Thu, 20 Nov 2025AU$318.3bAU$112.0bAU$9.6b18.1x33.2x2.8x
Sat, 18 Oct 2025AU$335.6bAU$112.3bAU$9.6b19.2x34.8x3x
Mon, 15 Sep 2025AU$293.6bAU$109.8bAU$9.1b14.1x32.3x2.7x
Wed, 13 Aug 2025AU$298.0bAU$117.4bAU$11.9b13.6x25.1x2.5x
Fri, 11 Jul 2025AU$267.1bAU$116.2bAU$11.7b13.6x22.8x2.3x
Sun, 08 Jun 2025AU$264.0bAU$117.2bAU$11.8b12.1x22.3x2.3x
Tue, 06 May 2025AU$255.5bAU$117.4bAU$11.9b11.9x21.5x2.2x
Thu, 03 Apr 2025AU$257.7bAU$120.3bAU$12.4b11.5x20.8x2.1x
Sat, 01 Mar 2025AU$271.9bAU$121.8bAU$12.4b11.3x21.9x2.2x
Mon, 27 Jan 2025AU$279.4bAU$122.7bAU$9.0b12.8x31.2x2.3x
Wed, 25 Dec 2024AU$277.1bAU$123.9bAU$9.1b13.4x30.4x2.2x
Fri, 22 Nov 2024AU$284.3bAU$119.5bAU$8.6b12x33x2.4x
Sun, 20 Oct 2024AU$300.5bAU$116.8bAU$8.3b13.2x36.1x2.6x
Tue, 17 Sep 2024AU$278.1bAU$116.6bAU$8.4b15.5x33.1x2.4x
Thu, 15 Aug 2024AU$276.8bAU$121.2bAU$9.2b15.6x30.2x2.3x
Sat, 13 Jul 2024AU$307.6bAU$119.1bAU$9.0b16.7x34.2x2.6x
Mon, 10 Jun 2024AU$320.9bAU$122.0bAU$9.3b16.2x34.6x2.6x
Wed, 08 May 2024AU$320.6bAU$121.6bAU$9.2b15.2x34.8x2.6x
Fri, 05 Apr 2024AU$321.4bAU$123.1bAU$9.2b13.8x35x2.6x
Sun, 03 Mar 2024AU$325.1bAU$123.5bAU$9.8b16.7x33.1x2.6x
Tue, 30 Jan 2024AU$336.5bAU$127.9bAU$21.0b9.9x16x2.6x
Thu, 28 Dec 2023AU$371.6bAU$124.4bAU$20.3b10.5x18.3x3x
Sat, 25 Nov 2023AU$344.4bAU$128.4bAU$21.1b9.8x16.3x2.7x
Mon, 23 Oct 2023AU$333.2bAU$132.5bAU$21.9b9.7x15.2x2.5x
Wed, 20 Sep 2023AU$347.9bAU$130.0bAU$21.6b8.2x16.1x2.7x
Fri, 18 Aug 2023AU$339.9bAU$141.3bAU$35.3b8.4x9.6x2.4x
Sun, 16 Jul 2023AU$368.0bAU$134.4bAU$33.4b9x11x2.7x
Tue, 13 Jun 2023AU$359.0bAU$135.7bAU$33.8b8.4x10.6x2.6x
Thu, 11 May 2023AU$357.8bAU$135.7bAU$33.7b8.3x10.6x2.6x
Sat, 08 Apr 2023AU$352.8bAU$137.1bAU$34.1b8.4x10.3x2.6x
Mon, 06 Mar 2023AU$383.1bAU$134.9bAU$34.2b9.7x11.2x2.8x
Price to Earnings Ratio

11.2x


Total Market Cap: AU$383.1bTotal Earnings: AU$34.2bTotal Revenue: AU$134.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 25.4x202420252026
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 35.1x which is higher than its 3-year average PE of 25.4x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 28% per year over the last three years,
  • Revenues have also declined 7.1% 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 Market1.08%
Materials6.08%
Metals and Mining6.66%
Diversified Metals and Mining8.25%
Silver10.97%
Copper7.22%
Gold5.90%
Precious Metals and Minerals1.70%
Steel1.23%
Aluminum-1.39%
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$58.419.5%
+AU$25.8b		49.6%PE20.6x
LYC Lynas Rare EarthsAU$18.9821.0%
+AU$3.3b		179.5%PE232x
PLS PLS GroupAU$5.1924.2%
+AU$3.3b		173.2%PS17.3x
MIN Mineral ResourcesAU$60.9819.0%
+AU$1.9b		168.5%PE30x
S32 South32AU$4.604.8%
+AU$940.2m		30.7%PE37.2x

Latest News

LYC
AU$18.98
Lynas Rare Earths
7D
21.0%
1Y
179.5%
MIN
AU$60.98
Mineral Resources
7D
19.0%
1Y
168.5%
MAH
AU$0.74
Macmahon Holdings
7D
-3.2%
1Y
156.9%
S32
AU$4.60
South32
7D
4.8%
1Y
30.7%
PRN
AU$2.35
Perenti
7D
-16.7%
1Y
83.6%
MTM
AU$0.76
Metallium
7D
-2.6%
1Y
277.5%
QPM
AU$0.031
QPM Energy
7D
-11.4%
1Y
-42.6%
ILU
AU$6.75
Iluka Resources
7D
22.7%
1Y
62.7%
MI6
AU$0.69
Minerals 260
7D
64.3%
1Y
n/a
NIC
AU$1.01
Nickel Industries
7D
-0.5%
1Y
40.3%

NIC: Higher Commodity Price Decks Will Support Future Earnings Rerating

Analysts have raised their fair value estimate for Nickel Industries from A$1.11 to A$1.17. This change reflects recent increases in sector price targets and updated commodity price assumptions across Australian base metal producers.
MSV
AU$0.48
Mitchell Services
7D
-17.2%
1Y
54.8%
IGO
AU$8.62
IGO
7D
9.1%
1Y
116.6%
PLS
AU$5.19
PLS Group
7D
24.2%
1Y
173.2%
BHP
AU$58.41
BHP Group
7D
9.5%
1Y
49.6%

BHP: Commodity Cycles And Mega Deals Will Shape Future Returns

Analysts have lifted their BHP Group price target by A$3.54. The change is supported by model updates that incorporate a higher fair value estimate, a small adjustment to the discount rate, a slightly lower revenue growth assumption, a modestly higher profit margin, and a marginally higher future P/E multiple.
SRL
AU$7.98
Sunrise Energy Metals
7D
-24.0%
1Y
2,855.6%
GRX
AU$0.92
GreenX Metals
7D
-6.1%
1Y
19.5%