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Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies472
  • 7D4.6%
  • 3M7.8%
  • 1Y68.0%
  • YTDn/a

In the last week, the Diversified Metals and Mining industry is up 4.6%, with BHP Group up 3.7%. This means that the industry has gained 68% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026AU$407.4bAU$111.4bAU$13.7b12.4x29.7x3.7x
Sat, 07 Mar 2026AU$406.9bAU$109.8bAU$12.8b14.8x31.7x3.7x
Mon, 02 Feb 2026AU$391.8bAU$105.3bAU$8.9b21.5x44.2x3.7x
Wed, 31 Dec 2025AU$349.2bAU$108.6bAU$9.4b21.5x37.2x3.2x
Fri, 28 Nov 2025AU$322.9bAU$111.5bAU$9.5b17.1x33.9x2.9x
Sun, 26 Oct 2025AU$334.1bAU$111.8bAU$9.6b19.3x34.9x3x
Tue, 23 Sep 2025AU$295.7bAU$110.6bAU$9.2b14.9x32.1x2.7x
Thu, 21 Aug 2025AU$298.5bAU$114.1bAU$8.4b13.4x35.7x2.6x
Sat, 19 Jul 2025AU$283.0bAU$116.9bAU$11.8b13.7x24x2.4x
Mon, 16 Jun 2025AU$259.2bAU$117.3bAU$11.9b12.5x21.8x2.2x
Wed, 14 May 2025AU$265.7bAU$118.5bAU$12.1b12x22x2.2x
Fri, 11 Apr 2025AU$241.1bAU$122.2bAU$12.7b10.9x19x2x
Sun, 09 Mar 2025AU$264.9bAU$120.1bAU$12.3b11.7x21.6x2.2x
Tue, 04 Feb 2025AU$278.0bAU$124.8bAU$9.2b13.3x30.2x2.2x
Thu, 02 Jan 2025AU$276.7bAU$124.8bAU$9.2b13.4x30x2.2x
Sat, 30 Nov 2024AU$286.6bAU$119.7bAU$8.6b12.2x33.2x2.4x
Mon, 28 Oct 2024AU$300.5bAU$118.3bAU$8.5b14.6x35.3x2.5x
Wed, 25 Sep 2024AU$288.7bAU$115.1bAU$8.2b14.1x35.3x2.5x
Fri, 23 Aug 2024AU$287.0bAU$120.0bAU$8.9b13.3x32.1x2.4x
Sun, 21 Jul 2024AU$296.9bAU$120.4bAU$9.1b15.6x32.5x2.5x
Tue, 18 Jun 2024AU$302.5bAU$121.5bAU$9.2b14.5x32.7x2.5x
Thu, 16 May 2024AU$322.7bAU$121.1bAU$9.2b16.5x35.1x2.7x
Sat, 13 Apr 2024AU$327.5bAU$123.3bAU$9.4b13.9x35x2.7x
Mon, 11 Mar 2024AU$318.4bAU$122.8bAU$9.7b13.9x32.8x2.6x
Wed, 07 Feb 2024AU$320.1bAU$124.4bAU$20.8b9.8x15.4x2.6x
Fri, 05 Jan 2024AU$366.5bAU$126.0bAU$20.6b10.5x17.8x2.9x
Sun, 03 Dec 2023AU$337.8bAU$126.8bAU$20.8b9.8x16.3x2.7x
Tue, 31 Oct 2023AU$336.6bAU$131.5bAU$21.7b9.7x15.5x2.6x
Thu, 28 Sep 2023AU$333.2bAU$131.4bAU$21.9b8.2x15.2x2.5x
Sat, 26 Aug 2023AU$339.9bAU$130.0bAU$23.5b9x14.5x2.6x
Mon, 24 Jul 2023AU$360.7bAU$136.1bAU$33.9b8.6x10.6x2.6x
Wed, 21 Jun 2023AU$371.5bAU$135.1bAU$33.6b8.8x11x2.8x
Fri, 19 May 2023AU$359.5bAU$137.5bAU$34.2b8.7x10.5x2.6x
Sun, 16 Apr 2023AU$366.4bAU$136.5bAU$33.9b8.7x10.8x2.7x
Price to Earnings Ratio

10.8x


Total Market Cap: AU$366.4bTotal Earnings: AU$33.9bTotal Revenue: AU$136.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 26.2x202420252026
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 29.7x which is higher than its 3-year average PE of 26.2x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 26% per year over the last three years,
  • Revenues have also declined 6.3% 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 Market2.72%
Materials4.27%
Metals and Mining4.28%
Diversified Metals and Mining4.63%
Gold4.77%
Copper2.50%
Steel2.29%
Precious Metals and Minerals1.08%
Aluminum0.49%
Silver-3.08%
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$54.533.7%
+AU$10.0b		59.6%PE19x
LYC Lynas Rare EarthsAU$21.439.1%
+AU$1.8b		178.7%PE261.9x
S32 South32AU$4.572.0%
+AU$403.0m		81.3%PE36.6x
MIN Mineral ResourcesAU$58.203.2%
+AU$355.6m		304.2%PE28.6x
LTR LiontownAU$1.873.6%
+AU$206.6m		302.2%PS14.7x

Latest News

ARU
AU$0.29
Arafura Rare Earths
7D
-3.3%
1Y
90.3%
EQR
AU$0.34
EQ Resources
7D
13.1%
1Y
702.3%

Only way is up

Catalysts Primarily used as tungsten carbide for cutting tools and wear-resistant applications, it is essential in defense, aerospace, and electronics. I beleive that the three industries mentioned above could move sales or earnings meaningfully.
LTR
AU$1.87
Liontown
7D
3.6%
1Y
302.2%

LTR: Higher Discount Rate And Margins Will Test Refined Future P/E Outlook

Analysts have lifted their price target on Liontown to A$1.79, reflecting updated assumptions for slightly higher discount rates and revenue growth, along with modestly lower profit margins and a refined future P/E outlook. Analyst Commentary Recent research around the updated A$1.79 price target highlights a mix of optimism and caution as analysts recalibrate their models for Liontown.
BHP
AU$54.53
BHP Group
7D
3.7%
1Y
59.6%

BHP: Commodity Mix And China Stabilization Will Shape Fairly Valued Outlook

The analyst fair value estimate for BHP Group has increased modestly to A$53.37 from A$52.50, reflecting updated assumptions about slightly stronger revenue growth and a refreshed set of mixed but generally constructive price targets from recent Street research. Analyst Commentary Recent Street research on BHP Group shows a mix of optimism on long term prospects and caution around valuation and execution risks, which helps explain the modest adjustment in the fair value estimate.
S32
AU$4.57
South32
7D
2.0%
1Y
81.3%
LYC
AU$21.43
Lynas Rare Earths
7D
9.1%
1Y
178.7%

LYC: Revised Offtake Floor Price And Full Operations Will Support Rare Earth Upside

Analysts have lifted their price target on Lynas Rare Earths to A$26.00, citing the revised Lynas JARE offtake deal with its A$110/kg NdPr floor price and the capacity for additional higher return Western contracts as key supports for the updated assumptions on margins and valuation multiples. Analyst Commentary Bullish analysts are highlighting the revised Lynas JARE offtake deal and the company's operating position as key supports for more constructive views on the stock.
MIN
AU$58.20
Mineral Resources
7D
3.2%
1Y
304.2%

MIN: Fair Value Will Reflect Balanced Profitability Assumptions And Revised Earnings Multiple

Analysts have trimmed their price target for Mineral Resources slightly to reflect a new fair value estimate of about A$59.38 per share, compared with roughly A$59.85 previously, citing refreshed assumptions for the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: A$59.38 per share, slightly below the previous estimate of A$59.85.
PLS
AU$5.28
PLS Group
7D
-0.4%
1Y
319.0%

PLS: Lower Assumed Future P/E Will Constrain Share Price Upside

Analysts have lifted their price target for PLS Group to A$4.57 from A$3.00, reflecting updated assumptions for higher revenue growth, a stronger profit margin profile and a lower future P/E multiple. What's in the News PLS Group Limited added to the S&P/ASX 50 Index, increasing its visibility among large Australian equities (Key Developments).
IPX
AU$4.42
IperionX
7D
15.1%
1Y
102.8%
CHW
AU$0.78
Chilwa Minerals
7D
-16.1%
1Y
9.1%
GRX
AU$0.94
GreenX Metals
7D
-5.6%
1Y
20.6%
DVP
AU$5.28
Develop Global
7D
13.3%
1Y
156.3%
GNG
AU$4.14
GR Engineering Services
7D
-1.9%
1Y
52.8%
BCI
AU$0.40
BCI Minerals
7D
-3.7%
1Y
79.5%
PSC
AU$0.33
Prospect Resources
7D
-5.7%
1Y
230.0%
WC8
AU$0.39
Wildcat Resources
7D
-3.8%
1Y
175.0%