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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies1199
  • 7D-2.4%
  • 3M2.0%
  • 1Y5.8%
  • YTD-7.2%

Over the last 7 days, the Metals and Mining industry has dropped 2.4%, driven by a decline by Barrick Gold of 2.8%. This takes the industry's 12 month performance to a gain of 5.8%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021CA$369.1bCA$102.1bCA$13.1b9.8x
Fri, 29 Oct 2021CA$370.3bCA$94.9bCA$12.1b11.1x
Sun, 26 Sep 2021CA$336.7bCA$97.1bCA$12.6b10.7x
Tue, 24 Aug 2021CA$350.1bCA$95.4bCA$12.5b11x
Wed, 30 Jun 2021CA$364.4bCA$95.3bCA$12.5b12.1x
Sat, 03 Apr 2021CA$328.2bCA$89.0bCA$9.8b14.3x
Tue, 05 Jan 2021CA$349.8bCA$84.6bCA$5.9b16.4x
Fri, 09 Oct 2020CA$352.3bCA$81.6bCA$2.4b19.2x
Thu, 02 Jul 2020CA$315.2bCA$78.9bCA$2.1b18.2x
Sun, 05 Apr 2020CA$201.3bCA$81.5bCA$1.1b16.8x
Wed, 08 Jan 2020CA$240.8bCA$75.1bCA$2.2b19.1x
Tue, 01 Oct 2019CA$217.2bCA$74.4b-CA$789,757,176.5515.4x
Fri, 05 Jul 2019CA$212.1bCA$71.4b-CA$3,001,275,535.3415.5x
Mon, 08 Apr 2019CA$202.7bCA$72.9b-CA$3,714,765,407.4617.4x
Thu, 10 Jan 2019CA$176.5bCA$73.7b-CA$3,369,190,930.5611.1x
PE Ratio

9.3x

Total Market Cap: CA$162.6bTotal Earnings: CA$4.4bTotal Revenue: CA$70.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 16.2x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 44% per year over the last three years, and revenues for these companies have grown 13% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Metals and Mining industry?

Aluminum5.26%
Copper0.88%
Diversified Metals and Mining-0.026%
Steel-2.93%
Precious Metals and Minerals-3.16%
Gold-3.55%
Silver-4.27%

Industry PE: Investors are most optimistic about the Silver industry even though it's trading below its 3-year average PE ratio of 48.6x. However analysts are expecting annual earnings growth of 41%, which is lower than the prior year's growth of 108% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 8.8x.

Forecasted Growth: Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 66% over the next 5 years. However this is lower than its past earnings growth rate of 576% per year. Meanwhile, the Steel industry is expected to see its earnings decline by 38% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
FM First Quantum Minerals3.8%+CA$702.6m52.3%PE25.4x
LAC Lithium Americas12.4%+CA$689.8m256.6%PB9.3x
SLI Standard Lithium30.6%+CA$483.2m430.3%PB30.4x
LIF Labrador Iron Ore Royalty6.1%+CA$139.5m44.5%PE6.5x
FNV Franco-Nevada0.4%+CA$128.1m4.1%PE39x
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K

CA$7.70

Kinross Gold

7D

-7.5%

1Y

-16.8%

BTO

CA$5.12

B2Gold

7D

-6.2%

1Y

-29.3%