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Australian (ASX) Precious Metals and Minerals Industry Analysis

UpdatedSep 16, 2026
DataAggregated Company Financials
Companies8
  • 7D-13.4%
  • 3M2.2%
  • 1Y7.5%
  • YTDn/a

Over the last 7 days, the Precious Metals and Minerals industry has dropped 9.6%, driven by a pullback from Zimplats Holdings of 14%. In contrast, Platina Resources has gained 14%. This takes the industry's 12 month performance to a gain of 8.1%.

Industry Valuation and Performance

Has the Australian Precious Metals and Minerals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Sep 2026AU$2.2bAU$2.0bAU$395.0m3.3x5.5x1.1x
Fri, 14 Aug 2026AU$2.2bAU$1.7bAU$238.9m5.1x9.1x1.3x
Sun, 12 Jul 2026AU$1.9bAU$1.7bAU$257.1m4.5x7.5x1.1x
Tue, 09 Jun 2026AU$2.1bAU$1.7bAU$253.3m5.1x8.5x1.3x
Thu, 07 May 2026AU$2.2bAU$1.6bAU$244.5m5.1x8.9x1.4x
Sat, 04 Apr 2026AU$2.4bAU$1.7bAU$259.5m4.2x9.1x1.4x
Mon, 02 Mar 2026AU$2.8bAU$1.6bAU$235.7m6.7x11.9x1.7x
Wed, 28 Jan 2026AU$3.2bAU$1.2bAU$40.7m24.5x78.9x2.6x
Fri, 26 Dec 2025AU$3.1bAU$1.3bAU$31.1m42.8x100.9x2.4x
Sun, 23 Nov 2025AU$2.1bAU$1.3bAU$32.8m29.2x63.8x1.6x
Tue, 21 Oct 2025AU$2.5bAU$1.3bAU$32.6m34x77.2x1.9x
Thu, 18 Sep 2025AU$1.9bAU$1.3bAU$12.6m16.9x154.3x1.5x
Sat, 16 Aug 2025AU$1.9bAU$1.2b-AU$41,677,998.0027.5x-44.5x1.5x
Mon, 14 Jul 2025AU$1.8bAU$1.2b-AU$78,785,408.6027.1x-23.2x1.5x
Wed, 11 Jun 2025AU$2.0bAU$1.2b-AU$79,188,347.0030.1x-25.5x1.7x
Fri, 09 May 2025AU$2.4bAU$1.2b-AU$122,912,397.1820x-19.6x1.9x
Sun, 06 Apr 2025AU$2.2bAU$1.3b-AU$128,583,965.6920.9x-17.4x1.7x
Tue, 04 Mar 2025AU$2.6bAU$1.3b-AU$70,216,775.120.9x-37.1x2x
Thu, 30 Jan 2025AU$2.6bAU$1.4b-AU$95,418,875.480.9x-27.5x1.9x
Sat, 28 Dec 2024AU$3.2bAU$1.4b-AU$95,561,622.230.8x-33.6x2.3x
Mon, 25 Nov 2024AU$3.0bAU$1.3b-AU$90,850,979.260.8x-33.3x2.3x
Wed, 23 Oct 2024AU$2.7bAU$1.3b-AU$100,169,255.881x-27.3x2.1x
Fri, 20 Sep 2024AU$2.6bAU$1.2b-AU$104,084,728.581.5x-24.7x2.1x
Sun, 18 Aug 2024AU$2.5bAU$1.3b-AU$5,857,041.581.6x-430.7x1.9x
Tue, 16 Jul 2024AU$2.6bAU$1.3b-AU$5,906,766.162.1x-441.4x2x
Thu, 13 Jun 2024AU$2.7bAU$1.3b-AU$5,839,605.811.8x-465.4x2x
Sat, 11 May 2024AU$2.6bAU$1.3b-AU$5,833,763.471.7x-448.9x2x
Mon, 08 Apr 2024AU$2.6bAU$1.3b-AU$5,823,763.711.5x-446.9x2x
Wed, 06 Mar 2024AU$2.5bAU$1.6bAU$213.7m3.4x11.9x1.6x
Fri, 02 Feb 2024AU$3.1bAU$1.6bAU$221.8m6x13.9x1.9x
Sun, 31 Dec 2023AU$2.9bAU$1.5bAU$209.2m6.8x14.1x1.9x
Tue, 28 Nov 2023AU$2.8bAU$1.6bAU$218.1m6.2x13x1.8x
Thu, 26 Oct 2023AU$2.8bAU$1.7bAU$225.0m5.9x12.4x1.7x
Sat, 23 Sep 2023AU$3.2bAU$1.6bAU$231.8m8.1x13.8x2x
Price to Earnings Ratio

13.8x


Total Market Cap: AU$3.2bTotal Earnings: AU$231.8mTotal Revenue: AU$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Precious Metals and Minerals Industry Price to Earnings3Y Average -54x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Precious Metals and Minerals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 5.6x which is higher than its 3-year average PE of -54.0x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Precious Metals and Minerals industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 6.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Precious Metals and Minerals compare with similar industries?

AU Market-2.87%
Materials-6.39%
Metals and Mining-6.50%
Precious Metals and Minerals-13.41%
Aluminum-5.04%
Diversified Metals and Mining-6.15%
Steel-6.39%
Gold-7.25%
Copper-8.49%
Silver-8.80%
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
No data available

Latest News

MKR
AU$0.065
Manuka Resources
7D
-7.1%
1Y
85.7%
Narrative Update • Sep 12

Track Timeline Progress

Catalysts Timeline Key Milestone August–September 2026 Ramp-up of gold processing at Wonawinta Near Term First sustained gold production and sales following restart Q3–Q4 2026 Completion and commissioning of remaining crushing/deslime equipment Q4 2026 Targeted commencement of silver production Late 2026 First meaningful disclosure of actual plant throughput and recoveries Late 2026 / 2027 First meaningful post-restart silver and gold operating cost data 2027 Potential transition toward steady-state Cobar Basin production 2027 Potential balance-sheet deleveraging if production generates strong free cash flow 2026–2027 Pipeline Ridge drilling results and possible resource definition Medium Term Conversion of additional Wonawinta Inferred resource into higher-confidence categories Medium Term Expansion or optimisation of Mt Boppy open-pit production Unknown / Long Term New regulatory or consenting strategy for Taranaki VTM Long Term Potential strategic partner or financing pathway for Taranaki if regulatory risk is resolved Expected Timeline to Full Production Year / Period Focus What It Means August 2026 Gold restart Already achieved. Mt Boppy gold-bearing material began processing through Wonawinta on 21 August.
FME
AU$0.012
Future Metals
7D
-7.7%
1Y
-33.3%
VMC
AU$0.14
Venus Metals
7D
-59.4%
1Y
12.0%
AGD
AU$0.15
Austral Gold
7D
-6.3%
1Y
233.3%
ZIM
AU$15.30
Zimplats Holdings
7D
-14.5%
1Y
-5.6%
PGM
AU$0.023
Platina Resources
7D
-8.0%
1Y
-11.5%
SPD
AU$1.78
Southern Palladium
7D
-13.2%
1Y
199.2%