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Australian (ASX) Diversified Metals and Mining Industry Analysis

UpdatedNov 05, 2025
DataAggregated Company Financials
Companies458
  • 7D-1.7%
  • 3M11.9%
  • 1Y5.7%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 2.4%, driven by a pullback from BHP Group of 1.8%. On the other hand Mineral Resources is actually up 9.2%. This takes the industry's 12 month performance to a gain of 8.0%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025AU$319.9bAU$111.9bAU$9.6b16.9x33.4x2.9x
Fri, 03 Oct 2025AU$315.3bAU$110.5bAU$9.2b19.6x34.3x2.9x
Sun, 31 Aug 2025AU$310.0bAU$111.5bAU$9.4b15.9x33x2.8x
Tue, 29 Jul 2025AU$285.1bAU$116.8bAU$11.8b13.3x24.2x2.4x
Thu, 26 Jun 2025AU$250.8bAU$117.3bAU$11.9b11.6x21.1x2.1x
Sat, 24 May 2025AU$261.9bAU$117.8bAU$12.0b12.2x21.9x2.2x
Mon, 21 Apr 2025AU$247.3bAU$119.1bAU$12.2b11.2x20.3x2.1x
Wed, 19 Mar 2025AU$270.8bAU$119.5bAU$12.2b11.6x22.3x2.3x
Fri, 14 Feb 2025AU$287.6bAU$124.5bAU$9.7b13.1x29.6x2.3x
Sun, 12 Jan 2025AU$279.9bAU$125.5bAU$9.2b12.9x30.3x2.2x
Tue, 10 Dec 2024AU$284.2bAU$120.6bAU$8.7b12.6x32.5x2.4x
Thu, 07 Nov 2024AU$301.8bAU$119.0bAU$8.6b11.6x35.1x2.5x
Sat, 05 Oct 2024AU$314.1bAU$115.1bAU$8.0b11.8x39x2.7x
Mon, 02 Sep 2024AU$286.2bAU$116.3bAU$8.3b13.3x34.4x2.5x
Wed, 31 Jul 2024AU$289.9bAU$122.6bAU$9.3b15.6x31.1x2.4x
Fri, 28 Jun 2024AU$305.1bAU$120.7bAU$9.2b14.5x33.3x2.5x
Sun, 26 May 2024AU$325.6bAU$121.2bAU$9.2b16x35.3x2.7x
Tue, 23 Apr 2024AU$319.7bAU$124.5bAU$9.5b13.7x33.7x2.6x
Thu, 21 Mar 2024AU$313.8bAU$124.6bAU$9.5b13.6x33.2x2.5x
Sat, 17 Feb 2024AU$322.0bAU$122.9bAU$19.7b10.3x16.3x2.6x
Mon, 15 Jan 2024AU$347.6bAU$126.7bAU$20.7b10.2x16.8x2.7x
Wed, 13 Dec 2023AU$341.6bAU$128.1bAU$21.0b9.9x16.2x2.7x
Fri, 10 Nov 2023AU$335.2bAU$131.1bAU$21.6b9.9x15.5x2.6x
Sun, 08 Oct 2023AU$333.6bAU$131.3bAU$21.7b9.8x15.4x2.5x
Tue, 05 Sep 2023AU$358.7bAU$129.9bAU$21.6b9.7x16.6x2.8x
Thu, 03 Aug 2023AU$362.6bAU$138.5bAU$34.6b8.4x10.5x2.6x
Sat, 01 Jul 2023AU$359.8bAU$137.9bAU$34.4b8.7x10.5x2.6x
Mon, 29 May 2023AU$346.2bAU$139.7bAU$34.9b8.2x9.9x2.5x
Wed, 26 Apr 2023AU$354.2bAU$137.8bAU$34.3b8.2x10.3x2.6x
Fri, 24 Mar 2023AU$338.2bAU$136.0bAU$33.9b8.1x10x2.5x
Sun, 19 Feb 2023AU$381.2bAU$134.9bAU$35.0b10.2x10.9x2.8x
Tue, 17 Jan 2023AU$394.1bAU$133.9bAU$34.6b10.1x11.4x2.9x
Thu, 15 Dec 2022AU$373.3bAU$135.7bAU$35.2b10.3x10.6x2.8x
Sat, 12 Nov 2022AU$359.4bAU$140.6bAU$36.7b10.2x9.8x2.6x
Price to Earnings Ratio

9.8x


Total Market Cap: AU$359.4bTotal Earnings: AU$36.7bTotal Revenue: AU$140.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Metals and Mining Industry Price to Earnings3Y Average 22.6x202320242025
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 34.4x which is higher than its 3-year average PE of 22.6x.
  • 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 7.5% 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-2.08%
Materials-0.68%
Metals and Mining-0.36%
Diversified Metals and Mining-1.74%
Precious Metals and Minerals5.93%
Gold2.79%
Copper1.06%
Silver0.71%
Steel-0.30%
Aluminum-2.63%
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
MIN Mineral ResourcesAU$44.454.9%
+AU$407.3m		19.3%PS2x
LTR Liontown ResourcesAU$1.084.9%
+AU$147.0m		37.6%PS10.7x
ELV Elevra LithiumAU$4.2312.5%
+AU$79.2m		-9.0%PS3.2x
VUL Vulcan Energy ResourcesAU$6.355.3%
+AU$75.0m		26.0%PS40x
CXO Core LithiumAU$0.1417.4%
+AU$53.2m		22.7%PB1.5x

Latest News

LYC
AU$13.40
Lynas Rare Earths
7D
-12.3%
1Y
69.6%
MIN
AU$44.45
Mineral Resources
7D
4.9%
1Y
19.3%
BHP
AU$42.34
BHP Group
7D
-3.5%
1Y
-0.6%

BHP: Earnings Outlook Will Balance Inflation Risks And China Demand Uncertainty

BHP Group’s analyst price target was recently lowered by £1.00 to £21.00 per share. Analysts cite softer assumptions for profit margin and revenue growth as factors contributing to their revised outlook.
PLS
AU$2.98
Pilbara Minerals
7D
-4.8%
1Y
2.4%

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.
ILU
AU$6.23
Iluka Resources
7D
-8.2%
1Y
6.0%

ILU: Project Ramp-Up Will Improve Execution As Utilization Risks Persist

Analysts have modestly raised their price target for Iluka Resources from A$7.11 to A$7.33 per share. They cite improved confidence in project ramp-up, but maintain a cautious outlook on utilization rates.
S32
AU$3.02
South32
7D
-5.9%
1Y
-19.7%

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$5.06
IGO
7D
-7.2%
1Y
0%
ELV
AU$4.23
Elevra Lithium
7D
12.5%
1Y
-9.0%
LTR
AU$1.08
Liontown Resources
7D
4.9%
1Y
37.6%
ATR
AU$0.81
Astron
7D
14.1%
1Y
25.6%
CXO
AU$0.14
Core Lithium
7D
17.4%
1Y
22.7%
IPX
AU$6.01
IperionX
7D
-12.6%
1Y
83.8%
NIC
AU$0.69
Nickel Industries
7D
-6.2%
1Y
-25.9%

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$0.047
Mount Ridley Mines
7D
176.5%
1Y
370.0%
GNG
AU$3.75
GR Engineering Services
7D
6.5%
1Y
83.8%
VUL
AU$6.35
Vulcan Energy Resources
7D
5.3%
1Y
26.0%