Investors Still Aren't Entirely Convinced By Perseus Mining Limited's (ASX:PRU) Earnings Despite 26% Price Jump
Sep 03
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Australian (ASX) Metals and Mining Industry Analysis
UpdatedSep 04, 2025
DataAggregated Company Financials
Companies673
- 7D-0.6%
- 3M11.8%
- 1Y22.4%
- YTD15.5%
The Metals and Mining industry is up 1.7% in the last week, with Northern Star Resources up 5.4%. This means that the industry has gained 19% over the past year. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Australian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 04 Sep 2025 | AU$513.5b | AU$201.9b | AU$19.4b | 15.5x | 26.5x | 2.5x |
| Sat, 02 Aug 2025 | AU$455.9b | AU$206.4b | AU$21.9b | 13.4x | 20.8x | 2.2x |
| Mon, 30 Jun 2025 | AU$439.9b | AU$204.4b | AU$21.6b | 12.9x | 20.3x | 2.2x |
| Wed, 28 May 2025 | AU$447.6b | AU$206.1b | AU$21.9b | 12.3x | 20.5x | 2.2x |
| Fri, 25 Apr 2025 | AU$427.0b | AU$207.4b | AU$22.1b | 12.1x | 19.3x | 2.1x |
| Sun, 23 Mar 2025 | AU$433.9b | AU$210.0b | AU$22.2b | 11.4x | 19.6x | 2.1x |
| Tue, 18 Feb 2025 | AU$460.2b | AU$212.8b | AU$22.3b | 13.7x | 20.7x | 2.2x |
| Thu, 16 Jan 2025 | AU$448.1b | AU$214.4b | AU$21.7b | 12x | 20.6x | 2.1x |
| Sat, 14 Dec 2024 | AU$455.3b | AU$210.5b | AU$21.2b | 12.5x | 21.5x | 2.2x |
| Mon, 11 Nov 2024 | AU$475.1b | AU$206.0b | AU$20.6b | 12.1x | 23.1x | 2.3x |
| Wed, 09 Oct 2024 | AU$473.1b | AU$202.9b | AU$20.2b | 12x | 23.4x | 2.3x |
| Fri, 06 Sep 2024 | AU$414.0b | AU$203.6b | AU$19.8b | 13.1x | 20.9x | 2x |
| Sun, 04 Aug 2024 | AU$445.8b | AU$211.5b | AU$21.5b | 13.3x | 20.7x | 2.1x |
| Tue, 02 Jul 2024 | AU$467.5b | AU$208.0b | AU$20.7b | 13.5x | 22.6x | 2.2x |
| Thu, 30 May 2024 | AU$506.8b | AU$210.0b | AU$21.0b | 14.7x | 24.1x | 2.4x |
| Sat, 27 Apr 2024 | AU$492.3b | AU$212.4b | AU$21.5b | 13.6x | 22.9x | 2.3x |
| Mon, 25 Mar 2024 | AU$481.7b | AU$214.3b | AU$21.8b | 12.2x | 22.1x | 2.2x |
| Wed, 21 Feb 2024 | AU$500.8b | AU$208.2b | AU$30.4b | 11.8x | 16.5x | 2.4x |
| Fri, 19 Jan 2024 | AU$533.9b | AU$223.5b | AU$32.9b | 11.8x | 16.2x | 2.4x |
| Sun, 17 Dec 2023 | AU$567.9b | AU$220.7b | AU$32.3b | 11.1x | 17.6x | 2.6x |
| Tue, 14 Nov 2023 | AU$524.2b | AU$227.9b | AU$33.8b | 10.2x | 15.5x | 2.3x |
| Thu, 12 Oct 2023 | AU$521.6b | AU$227.0b | AU$33.8b | 10.4x | 15.4x | 2.3x |
| Sat, 09 Sep 2023 | AU$516.2b | AU$227.6b | AU$34.2b | 11.2x | 15.1x | 2.3x |
| Mon, 07 Aug 2023 | AU$545.9b | AU$236.0b | AU$49.4b | 9.5x | 11.1x | 2.3x |
| Wed, 05 Jul 2023 | AU$552.6b | AU$233.2b | AU$48.6b | 10.1x | 11.4x | 2.4x |
| Fri, 02 Jun 2023 | AU$517.1b | AU$237.1b | AU$49.8b | 9.6x | 10.4x | 2.2x |
| Sun, 30 Apr 2023 | AU$544.0b | AU$234.9b | AU$49.3b | 9.6x | 11x | 2.3x |
| Tue, 28 Mar 2023 | AU$515.2b | AU$230.1b | AU$48.2b | 9.2x | 10.7x | 2.2x |
| Thu, 23 Feb 2023 | AU$561.8b | AU$220.2b | AU$46.2b | 10.2x | 12.1x | 2.6x |
| Sat, 21 Jan 2023 | AU$584.4b | AU$224.9b | AU$51.6b | 11.3x | 11.3x | 2.6x |
| Mon, 19 Dec 2022 | AU$532.0b | AU$230.3b | AU$53.2b | 10.2x | 10x | 2.3x |
| Wed, 16 Nov 2022 | AU$528.5b | AU$229.3b | AU$53.1b | 11.2x | 10x | 2.3x |
| Fri, 14 Oct 2022 | AU$473.5b | AU$240.4b | AU$56.4b | 9.4x | 8.4x | 2x |
| Sun, 11 Sep 2022 | AU$483.0b | AU$225.5b | AU$53.0b | 9x | 9.1x | 2.1x |
Price to Earnings Ratio
9.1x
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 26.6x which is higher than its 3-year average PE of 17.1x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 28% per year over the last three years,
- Revenues have also declined 3.6% 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 Market | -2.30% | |
| Materials | -0.83% | |
| Metals and Mining | -0.63% | |
| Silver | 15.10% | |
| Gold | 6.19% | |
| Precious Metals and Minerals | 4.47% | |
| Aluminum | -0.58% | |
| Diversified Metals and Mining | -2.39% | |
| Copper | -2.77% | |
| Steel | -3.42% | |
Industry PE
- Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 23% over the next 5 years.
- In contrast, the Steel industry is expected to see its earnings decline by 2.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NST Northern Star Resources | AU$19.96 | 5.4% +AU$1.5b | 37.3% | PE21.3x | |
| EVN Evolution Mining | AU$9.01 | 5.9% +AU$1.0b | 129.3% | PE19.6x | |
| RMS Ramelius Resources | AU$3.41 | 11.1% +AU$651.3m | 65.5% | PE13.8x | |
| GMD Genesis Minerals | AU$5.08 | 11.6% +AU$599.3m | 145.4% | PE26x | |
| LYC Lynas Rare Earths | AU$14.31 | -2.9% AU$417.1m | 112.3% | PE1776.8x |
