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Australian (ASX) Metals and Mining Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies674
  • 7D6.0%
  • 3M9.7%
  • 1Y12.1%
  • YTD11.0%

In the last week, the Metals and Mining industry is up 6.0%, with BHP Group up 3.7%. During this same period, the Greatland Resources underperformed, falling 7.1%. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 13 Aug 2025AU$491.7bAU$204.4bAU$21.6b14.6x22.7x2.4x
Fri, 11 Jul 2025AU$448.0bAU$203.4bAU$21.4b13.3x20.9x2.2x
Sun, 08 Jun 2025AU$451.0bAU$204.9bAU$21.7b12.2x20.8x2.2x
Tue, 06 May 2025AU$426.8bAU$205.3bAU$21.7b12.4x19.6x2.1x
Thu, 03 Apr 2025AU$420.7bAU$209.3bAU$22.4b11.8x18.8x2x
Sat, 01 Mar 2025AU$432.1bAU$210.8bAU$22.6b12.4x19.1x2.1x
Mon, 27 Jan 2025AU$446.8bAU$211.8bAU$21.4b12.5x20.9x2.1x
Wed, 25 Dec 2024AU$435.6bAU$213.5bAU$21.6b13x20.2x2x
Fri, 22 Nov 2024AU$446.9bAU$207.2bAU$20.7b12.1x21.6x2.2x
Sun, 20 Oct 2024AU$471.1bAU$203.5bAU$20.3b12.8x23.2x2.3x
Tue, 17 Sep 2024AU$429.5bAU$203.3bAU$19.9b15.2x21.6x2.1x
Thu, 15 Aug 2024AU$424.9bAU$209.0bAU$21.1b13.5x20.2x2x
Sat, 13 Jul 2024AU$476.7bAU$205.9bAU$20.4b14.1x23.4x2.3x
Mon, 10 Jun 2024AU$497.0bAU$210.8bAU$21.1b14.4x23.6x2.4x
Wed, 08 May 2024AU$502.3bAU$210.7bAU$21.1b14.4x23.8x2.4x
Fri, 05 Apr 2024AU$496.8bAU$212.3bAU$21.3b13.1x23.4x2.3x
Sun, 03 Mar 2024AU$493.8bAU$212.6bAU$22.2b13.7x22.2x2.3x
Tue, 30 Jan 2024AU$549.6bAU$222.8bAU$32.7b11.9x16.8x2.5x
Thu, 28 Dec 2023AU$586.7bAU$217.9bAU$31.7b12.5x18.5x2.7x
Sat, 25 Nov 2023AU$539.2bAU$223.5bAU$32.9b10.4x16.4x2.4x
Mon, 23 Oct 2023AU$516.7bAU$229.5bAU$34.3b9.9x15.1x2.3x
Wed, 20 Sep 2023AU$532.1bAU$226.1bAU$33.8b11.3x15.7x2.4x
Fri, 18 Aug 2023AU$514.6bAU$240.8bAU$49.7b10x10.4x2.1x
Sun, 16 Jul 2023AU$561.9bAU$229.7bAU$47.6b10.3x11.8x2.4x
Tue, 13 Jun 2023AU$541.3bAU$231.5bAU$48.2b10.1x11.2x2.3x
Thu, 11 May 2023AU$546.4bAU$231.6bAU$48.4b9.6x11.3x2.4x
Sat, 08 Apr 2023AU$543.1bAU$233.6bAU$48.9b9.3x11.1x2.3x
Mon, 06 Mar 2023AU$566.4bAU$226.7bAU$47.9b9.8x11.8x2.5x
Wed, 01 Feb 2023AU$579.3bAU$223.2bAU$51.1b11.9x11.3x2.6x
Fri, 30 Dec 2022AU$528.8bAU$229.6bAU$53.0b10.6x10x2.3x
Sun, 27 Nov 2022AU$525.8bAU$228.9bAU$52.8b10.9x9.9x2.3x
Tue, 25 Oct 2022AU$466.9bAU$238.8bAU$55.9b9.4x8.3x2x
Thu, 22 Sep 2022AU$476.4bAU$229.2bAU$53.9b8.7x8.8x2.1x
Sat, 20 Aug 2022AU$498.6bAU$222.4bAU$47.3b10.1x10.5x2.2x
Price to Earnings Ratio

10.5x


Total Market Cap: AU$498.6bTotal Earnings: AU$47.3bTotal Revenue: AU$222.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Metals and Mining Industry Price to Earnings3Y Average 16.8x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 16.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 23% per year over the last three years,
  • Revenues have also declined 2.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Australian Materials industry?

AU Market2.16%
Materials5.88%
Metals and Mining5.97%
Gold7.70%
Copper6.71%
Steel5.75%
Diversified Metals and Mining5.49%
Aluminum2.66%
Silver1.53%
Precious Metals and Minerals0.69%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 24.3% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 2.0% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 8.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BHP BHP GroupAU$41.263.7%
+AU$7.4b		1.3%PE11.9x
FMG FortescueAU$19.667.2%
+AU$4.1b		8.3%PE10.1x
PLS Pilbara MineralsAU$2.2934.3%
+AU$1.9b		-19.6%PS8x
NST Northern Star ResourcesAU$17.587.7%
+AU$1.8b		22.9%PE26.5x
LYC Lynas Rare EarthsAU$13.2111.6%
+AU$1.3b		116.2%PE243.1x

Latest News

SMI
AU$0.58
Santana Minerals
7D
-4.9%
1Y
35.4%
NST
AU$17.58
Northern Star Resources
7D
7.7%
1Y
22.9%
IDA
AU$0.044
Indiana Resources
7D
-51.1%
1Y
-51.6%
PLS
AU$2.29
Pilbara Minerals
7D
34.3%
1Y
-19.6%
MIN
AU$37.50
Mineral Resources
7D
13.8%
1Y
-22.8%
LYC
AU$13.21
Lynas Rare Earths
7D
11.6%
1Y
116.2%
GGP
AU$5.01
Greatland Resources
7D
-7.1%
1Y
n/a
IGO
AU$5.42
IGO
7D
16.1%
1Y
7.5%
VUL
AU$3.76
Vulcan Energy Resources
7D
-2.8%
1Y
-3.8%
IPX
AU$5.94
IperionX
7D
-2.9%
1Y
192.6%
FMG
AU$19.66
Fortescue
7D
7.2%
1Y
8.3%

Fortescue Ltd's (ASX:FMG) Shares Bounce 25% But Its Business Still Trails The Market

Jul 23
Fortescue Ltd's (ASX:FMG) Shares Bounce 25% But Its Business Still Trails The Market
BHP
AU$41.26
BHP Group
7D
3.7%
1Y
1.3%
EVN
AU$7.69
Evolution Mining
7D
4.9%
1Y
101.8%

Calculating The Fair Value Of Evolution Mining Limited (ASX:EVN)

Jul 16
Calculating The Fair Value Of Evolution Mining Limited (ASX:EVN)
BOC
AU$0.62
Bougainville Copper
7D
-8.1%
1Y
34.8%

Bougainville Copper (ASX:BOC) Is In A Good Position To Deliver On Growth Plans

Jun 27
Bougainville Copper (ASX:BOC) Is In A Good Position To Deliver On Growth Plans
MTM
AU$0.70
Metallium
7D
-10.2%
1Y
2,331.0%
SGM
AU$14.62
Sims
7D
-0.9%
1Y
36.3%