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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies1215
  • 7D1.2%
  • 3M-2.0%
  • 1Y33.5%
  • YTD4.5%

Over the last 7 days, the Metals and Mining industry has risen 1.2%, driven by gains in Franco-Nevada and Wheaton Precious Metals of 5.8% and 5.4%, respectively. In the same time, Ivanhoe Mines was down 8.1%. In the last 12 months, the industry was up 33%. Earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025CA$426.2bCA$112.9bCA$688.5m13.1x619.1x3.8x
Mon, 30 Dec 2024CA$394.1bCA$112.1bCA$515.1m12.8x765.1x3.5x
Wed, 27 Nov 2024CA$411.1bCA$109.8bCA$379.8m13.1x1082.4x3.7x
Fri, 25 Oct 2024CA$453.2bCA$105.4b-CA$1,688,125,477.7317.8x-268.5x4.3x
Sun, 22 Sep 2024CA$419.4bCA$105.6b-CA$629,794,981.2516.2x-666x4x
Tue, 20 Aug 2024CA$400.0bCA$106.0b-CA$632,381,372.3214.7x-632.6x3.8x
Thu, 18 Jul 2024CA$418.7bCA$104.3b-CA$114,697,214.7415.4x-3650.8x4x
Sat, 15 Jun 2024CA$370.2bCA$105.1b-CA$613,144,120.9616.2x-603.8x3.5x
Mon, 13 May 2024CA$391.8bCA$104.4b-CA$462,922,866.6316.9x-846.3x3.8x
Wed, 10 Apr 2024CA$368.2bCA$102.6bCA$1.4b17.8x259.7x3.6x
Fri, 08 Mar 2024CA$320.2bCA$102.4bCA$1.2b15.5x268.5x3.1x
Sun, 04 Feb 2024CA$329.8bCA$107.6bCA$1.7b12.9x189.3x3.1x
Tue, 02 Jan 2024CA$345.3bCA$106.3bCA$1.7b14x202.8x3.2x
Thu, 30 Nov 2023CA$340.9bCA$108.3bCA$1.7b13.1x195.4x3.1x
Sat, 28 Oct 2023CA$346.8bCA$107.0bCA$1.3b11.6x272.3x3.2x
Mon, 25 Sep 2023CA$351.1bCA$104.9bCA$1.6b10.7x221x3.3x
Wed, 23 Aug 2023CA$352.5bCA$104.3bCA$1.4b11.3x248.8x3.4x
Fri, 21 Jul 2023CA$372.7bCA$103.6bCA$2.4b12.5x152.9x3.6x
Sun, 18 Jun 2023CA$367.0bCA$103.7bCA$2.4b12.1x154.1x3.5x
Tue, 16 May 2023CA$397.1bCA$105.4bCA$2.8b14.2x143.2x3.8x
Thu, 13 Apr 2023CA$400.5bCA$107.2bCA$5.2b15x76.6x3.7x
Sat, 11 Mar 2023CA$339.3bCA$109.4bCA$7.7b13.3x43.8x3.1x
Mon, 06 Feb 2023CA$363.9bCA$113.3bCA$12.0b13.1x30.4x3.2x
Wed, 04 Jan 2023CA$345.8bCA$115.0bCA$12.2b12x28.4x3x
Fri, 02 Dec 2022CA$348.4bCA$113.4bCA$12.0b9.7x28.9x3.1x
Sun, 30 Oct 2022CA$298.1bCA$115.9bCA$14.4b8.6x20.7x2.6x
Tue, 27 Sep 2022CA$274.3bCA$116.0bCA$16.2b8.7x16.9x2.4x
Thu, 25 Aug 2022CA$309.3bCA$110.9bCA$15.8b9.8x19.6x2.8x
Sat, 23 Jul 2022CA$280.1bCA$107.0bCA$14.4b9.5x19.4x2.6x
Mon, 20 Jun 2022CA$337.6bCA$108.0bCA$14.7b11.9x22.9x3.1x
Wed, 18 May 2022CA$350.6bCA$106.3bCA$14.5b11x24.1x3.3x
Fri, 15 Apr 2022CA$440.3bCA$100.8bCA$13.3b12x33x4.4x
Sun, 13 Mar 2022CA$433.0bCA$104.6bCA$14.5b11.5x29.9x4.1x
Tue, 08 Feb 2022CA$373.6bCA$101.5bCA$12.7b10.3x29.4x3.7x
Price to Earnings Ratio

29.4x


Total Market Cap: CA$373.6bTotal Earnings: CA$12.7bTotal Revenue: CA$101.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 268.8x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 619x which is higher than its 3-year average PE of 269x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 62% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

CA Market-0.47%
Materials0.63%
Metals and Mining1.17%
Silver6.15%
Gold3.78%
Precious Metals and Minerals2.65%
Aluminum0%0
Steel-2.99%
Diversified Metals and Mining-4.74%
Copper-4.75%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 34.4x.
    • Analysts are expecting annual earnings growth of 40.3%, which is lower than the prior year's growth of 55.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 80% over the next 5 years.
  • However this is lower than its past earnings growth rate of 132% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 2.3% 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
FNV Franco-NevadaCA$197.575.8%
+CA$2.1b
36.9%PS24.1x
WPM Wheaton Precious MetalsCA$90.685.4%
+CA$2.1b
42.7%PE46.4x
K Kinross GoldCA$16.376.8%
+CA$1.3b
121.2%PE18.7x
ABX Barrick GoldCA$23.762.6%
+CA$1.1b
14.5%PE17.6x
PAAS Pan American SilverCA$33.714.7%
+CA$553.9m
83.6%PS3.2x
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Latest News

FVI

CA$7.36

Fortuna Mining

7D

15.2%

1Y

73.6%

NGEX

CA$13.05

NGEx Minerals

7D

-10.2%

1Y

56.9%

EDV

CA$29.89

Endeavour Mining

7D

6.4%

1Y

28.4%

LUN

CA$11.48

Lundin Mining

7D

-7.6%

1Y

3.4%

FNV

CA$197.57

Franco-Nevada

7D

5.8%

1Y

36.9%

HBM

CA$11.98

Hudbay Minerals

7D

-2.8%

1Y

60.2%

CS

CA$8.14

Capstone Copper

7D

-3.9%

1Y

25.0%

ABX

CA$23.76

Barrick Gold

7D

2.6%

1Y

14.5%

TECK.B

CA$59.37

Teck Resources

7D

-4.5%

1Y

11.1%

AFM

CA$0.91

Alphamin Resources

7D

-15.0%

1Y

8.3%

IVN

CA$15.61

Ivanhoe Mines

7D

-8.1%

1Y

10.8%

PAAS

CA$33.71

Pan American Silver

7D

4.7%

1Y

83.6%

K

CA$16.37

Kinross Gold

7D

6.8%

1Y

121.2%

FM

CA$18.19

First Quantum Minerals

7D

-3.6%

1Y

46.7%

AGI

CA$30.39

Alamos Gold

7D

2.9%

1Y

81.4%