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Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedFeb 05, 2026
DataAggregated Company Financials
Companies463
  • 7D0.3%
  • 3M25.2%
  • 1Y42.7%
  • YTDn/a

Last week, the Diversified Metals and Mining industry hasn't moved much but BHP Group is up 3.6% in that time. As for the the longer term, the industry is up 43% over the past 12 months. 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
Thu, 05 Feb 2026AU$403.9bAU$104.6bAU$8.8b21.7x46.1x3.9x
Sat, 03 Jan 2026AU$353.9bAU$108.8bAU$9.4b20.7x37.6x3.3x
Mon, 01 Dec 2025AU$324.2bAU$111.2bAU$9.5b17.4x34.2x2.9x
Wed, 29 Oct 2025AU$325.4bAU$111.1bAU$9.5b16.8x34.4x2.9x
Fri, 26 Sep 2025AU$308.8bAU$110.9bAU$9.1b15.5x34.1x2.8x
Sun, 24 Aug 2025AU$300.9bAU$113.4bAU$8.3b14.7x36.4x2.7x
Tue, 22 Jul 2025AU$285.8bAU$117.0bAU$11.8b13.5x24.2x2.4x
Thu, 19 Jun 2025AU$257.5bAU$117.4bAU$11.9b12.9x21.6x2.2x
Sat, 17 May 2025AU$268.8bAU$118.4bAU$12.1b12x22.3x2.3x
Mon, 14 Apr 2025AU$238.5bAU$120.4bAU$12.4b10.9x19.2x2x
Wed, 12 Mar 2025AU$266.7bAU$120.5bAU$12.3b11.3x21.6x2.2x
Fri, 07 Feb 2025AU$283.2bAU$123.5bAU$9.1b13.4x31.2x2.3x
Sun, 05 Jan 2025AU$279.8bAU$124.3bAU$9.1b13.4x30.7x2.3x
Tue, 03 Dec 2024AU$287.8bAU$119.9bAU$8.7b12.2x33.2x2.4x
Thu, 31 Oct 2024AU$305.0bAU$118.7bAU$8.6b14.6x35.7x2.6x
Sat, 28 Sep 2024AU$313.9bAU$114.6bAU$8.2b13x38.2x2.7x
Mon, 26 Aug 2024AU$284.9bAU$119.1bAU$8.9b13.1x32.1x2.4x
Wed, 24 Jul 2024AU$291.0bAU$121.4bAU$9.2b16.2x31.5x2.4x
Fri, 21 Jun 2024AU$304.2bAU$120.6bAU$9.2b14.8x33.2x2.5x
Sun, 19 May 2024AU$329.1bAU$120.2bAU$9.1b15.8x36.1x2.7x
Tue, 16 Apr 2024AU$329.1bAU$123.4bAU$9.4b14x35.1x2.7x
Thu, 14 Mar 2024AU$307.4bAU$123.1bAU$9.6b14.1x31.9x2.5x
Sat, 10 Feb 2024AU$324.5bAU$124.2bAU$20.7b9.8x15.7x2.6x
Mon, 08 Jan 2024AU$357.0bAU$126.2bAU$20.6b10.3x17.3x2.8x
Wed, 06 Dec 2023AU$334.6bAU$128.5bAU$21.1b9.8x15.9x2.6x
Fri, 03 Nov 2023AU$337.1bAU$130.4bAU$21.5b9.9x15.7x2.6x
Sun, 01 Oct 2023AU$341.5bAU$130.7bAU$21.6b9.7x15.8x2.6x
Tue, 29 Aug 2023AU$340.7bAU$130.3bAU$23.6b9x14.5x2.6x
Thu, 27 Jul 2023AU$370.5bAU$135.6bAU$33.8b9x11x2.7x
Sat, 24 Jun 2023AU$358.0bAU$136.8bAU$34.1b8.7x10.5x2.6x
Mon, 22 May 2023AU$360.1bAU$137.4bAU$34.2b8.9x10.5x2.6x
Wed, 19 Apr 2023AU$369.2bAU$135.9bAU$33.8b8.7x10.9x2.7x
Fri, 17 Mar 2023AU$340.7bAU$137.2bAU$34.5b8.2x9.9x2.5x
Sun, 12 Feb 2023AU$387.1bAU$134.9bAU$35.4b11.4x10.9x2.9x
Price to Earnings Ratio

10.9x


Total Market Cap: AU$387.1bTotal Earnings: AU$35.4bTotal Revenue: AU$134.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 24.8x202420252026
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 46.1x which is higher than its 3-year average PE of 24.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 37% per year over the last three years,
  • Revenues have also declined 8.1% 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 Market-0.62%
Materials-1.72%
Metals and Mining-1.64%
Diversified Metals and Mining0.32%
Steel-1.45%
Copper-1.47%
Aluminum-3.22%
Gold-5.69%
Precious Metals and Minerals-7.49%
Silver-15.11%
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
TVN TivanAU$0.4212.0%
+AU$101.7m		281.8%PS13748.8x
PSC Prospect ResourcesAU$0.4718.8%
+AU$52.9m		379.8%PB7.3x
NMR Native Mineral Resources HoldingsAU$0.08444.8%
+AU$26.5m		52.7%PB8.6x
ORN Orion MineralsAU$0.0378.8%
+AU$24.4m		131.3%PS782.9x
MAH Macmahon HoldingsAU$0.681.5%
+AU$21.3m		97.1%PE19.6x

Latest News

PLS
AU$4.17
PLS Group
7D
-9.2%
1Y
79.0%
AON
AU$0.051
Apollo Minerals
7D
70.0%
1Y
175.7%
LYC
AU$14.74
Lynas Rare Earths
7D
-5.5%
1Y
125.7%

LYC: Full Operations And Offtake Agreements Will Drive Rare Earth Upside

Analysts have lifted their fair value estimate for Lynas Rare Earths from A$17.50 to about A$26.00, pointing to the company’s position as a leading non China rare earths producer, the ramp up of full operations and new offtake agreements, as well as exploration upside highlighted in recent research. Analyst Commentary Recent research has turned more positive on Lynas Rare Earths, with several bullish analysts highlighting the company’s role as a major producer of separated rare earths outside China, the completion of construction, and the move to full operations.
PRN
AU$2.68
Perenti
7D
-9.8%
1Y
93.5%

PRN: Refined Discount And Margin Assumptions Will Support A Bullish Outlook

Analysts have lifted their price target on Perenti by A$0.00, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E, which together refine rather than overhaul their view of the company’s valuation. Valuation Changes Fair Value: unchanged at A$3.10 per share, indicating no revision to the central valuation estimate.
MIN
AU$54.34
Mineral Resources
7D
-10.9%
1Y
53.8%

MIN: Bald Hill Sale Process And Iron Ore Strength Will Support Upside

Analysts have increased their fair value estimate for Mineral Resources from A$68.00 to A$75.00, citing updated assumptions about revenue growth, profit margins and a lower future P/E multiple in their models. What's in the News Mineral Resources is reported to have started a sale process for its Bald Hill lithium mine to help secure funds to reduce debt, with interest expected in either the whole asset or a partial stake (Key Developments).
FAU
AU$0.018
First Au
7D
63.6%
1Y
800.0%
MAH
AU$0.68
Macmahon Holdings
7D
1.5%
1Y
97.1%

Do Macmahon Holdings' (ASX:MAH) Earnings Warrant Your Attention?

Jan 30
Do Macmahon Holdings' (ASX:MAH) Earnings Warrant Your Attention?
LTR
AU$1.69
Liontown
7D
-17.6%
1Y
146.7%

LTR: Execution And Commodity Price Risks Will Pressure Overextended Earnings Assumptions

Analysts have lifted their price target for Liontown from A$1.07 to A$1.63, citing adjustments to discount rates, revenue growth assumptions, profit margin forecasts and a lower future P/E multiple in their updated models. Analyst Commentary Analysts updating their models around the new A$1.63 price target are weighing both upside potential and execution risks around Liontown's growth plans and valuation reset.
BHP
AU$50.36
BHP Group
7D
-2.2%
1Y
25.1%
S32
AU$4.60
South32
7D
-1.7%
1Y
32.6%

S32: Mozal Power Uncertainty And Improved Margins Will Shape Steady Outlook

Analysts have lifted their price target on South32 to around A$4.15 from about A$3.50, pointing to updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News South32 plans to place the Mozal Aluminium operation on care and maintenance on or around 15 March 2026 after not securing a new electricity supply agreement beyond the expiry of the current deal in March 2026 (Key Developments).
PSC
AU$0.47
Prospect Resources
7D
18.8%
1Y
379.8%
KAI
AU$0.042
Kairos Minerals
7D
16.7%
1Y
162.5%
NMR
AU$0.084
Native Mineral Resources Holdings
7D
44.8%
1Y
52.7%
ORN
AU$0.037
Orion Minerals
7D
8.8%
1Y
131.3%
IPX
AU$6.37
IperionX
7D
-16.9%
1Y
50.2%
TVN
AU$0.42
Tivan
7D
12.0%
1Y
281.8%