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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies1269
  • 7D0.8%
  • 3M14.4%
  • 1Y-8.7%
  • YTD-8.6%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably Teck Resources gained 7.2%. As for the longer term, the industry has declined 8.7% in the last year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022CA$331.7bCA$114.4bCA$12.2b10.3x27.2x2.9x
Fri, 28 Oct 2022CA$306.5bCA$115.3bCA$14.5b8.8x21.2x2.7x
Sun, 25 Sep 2022CA$279.1bCA$115.1bCA$16.1b9.1x17.3x2.4x
Tue, 23 Aug 2022CA$298.1bCA$111.4bCA$15.9b9.5x18.8x2.7x
Thu, 21 Jul 2022CA$277.7bCA$106.9bCA$14.4b9.3x19.3x2.6x
Sat, 18 Jun 2022CA$340.1bCA$108.0bCA$14.7b11.9x23.1x3.1x
Mon, 16 May 2022CA$347.6bCA$106.7bCA$14.5b10.7x24x3.3x
Wed, 13 Apr 2022CA$429.9bCA$100.8bCA$13.3b12x32.3x4.3x
Fri, 11 Mar 2022CA$435.3bCA$105.3bCA$14.3b11.6x30.4x4.1x
Sun, 06 Feb 2022CA$367.4bCA$102.1bCA$12.8b10.1x28.7x3.6x
Tue, 04 Jan 2022CA$372.4bCA$102.0bCA$12.9b10x29x3.6x
Thu, 02 Dec 2021CA$370.0bCA$101.9bCA$13.0b9.6x28.4x3.6x
Sat, 30 Oct 2021CA$369.1bCA$96.0bCA$12.5b11x29.5x3.8x
Mon, 27 Sep 2021CA$336.8bCA$97.1bCA$12.6b10.7x26.7x3.5x
Wed, 25 Aug 2021CA$346.5bCA$95.4bCA$12.5b11.1x27.7x3.6x
Thu, 01 Jul 2021CA$364.4bCA$95.3bCA$12.5b12.1x29.1x3.8x
Sun, 04 Apr 2021CA$328.2bCA$89.0bCA$9.8b14.3x33.5x3.7x
Wed, 06 Jan 2021CA$349.8bCA$84.6bCA$5.9b16.4x59.8x4.1x
Sat, 10 Oct 2020CA$352.3bCA$81.6bCA$2.4b19.2x145.5x4.3x
Fri, 03 Jul 2020CA$315.2bCA$78.9bCA$2.1b18.2x153.6x4x
Mon, 06 Apr 2020CA$201.3bCA$81.5bCA$1.1b16.8x184.9x2.5x
Thu, 09 Jan 2020CA$240.8bCA$75.1bCA$2.2b19.1x107.4x3.2x
Price to Earnings Ratio

-292.9x


Total Market Cap: CA$221.4bTotal Earnings: -CA$756,006,310.78Total Revenue: CA$74.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 74.4x202020212022
Current Industry PE
  • Investors are pessimistic on the Canadian Metals and Mining 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 27.2x which is lower than its 3-year average PE of 74.4x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • Total earnings for the Metals and Mining industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

CA Market0.22%
Materials0.83%
Metals and Mining0.76%
Aluminum5.71%
Diversified Metals and Mining2.14%
Copper1.08%
Gold0.47%
Precious Metals and Minerals-0.92%
Silver-1.79%
Steel-3.35%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 28.5x.
    • Analysts are expecting annual earnings growth of 10.6%, which is higher than its past year's earnings decline of 37.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 101% over the next 5 years.
  • This is better than its past earnings decline of 34% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 42% 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
TECK.B Teck ResourcesCA$48.017.2%
+CA$1.6b
41.7%PE5.4x
IVN Ivanhoe MinesCA$11.464.5%
+CA$594.8m
13.0%PE24.6x
LUN Lundin MiningCA$8.244.4%
+CA$269.6m
-17.8%PE9.1x
ABX Barrick GoldCA$21.580.6%
+CA$211.4m
-11.1%PE14.7x
FNV Franco-NevadaCA$192.780.6%
+CA$205.1m
10.0%PE35.8x
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Latest News

FNV

CA$192.78

Franco-Nevada

7D

0.6%

1Y

10.0%

EMO

CA$0.65

Emerita Resources

7D

-32.3%

1Y

-79.7%

NFG

CA$6.03

New Found Gold

7D

20.8%

1Y

-17.4%

RUP

CA$4.81

Rupert Resources

7D

18.8%

1Y

-10.8%

LUG

CA$12.60

Lundin Gold

7D

-2.5%

1Y

21.0%

NGD

CA$1.48

New Gold

7D

-6.3%

1Y

-20.4%

ABX

CA$21.58

Barrick Gold

7D

0.6%

1Y

-11.1%

TFPM

CA$16.23

Triple Flag Precious Metals

7D

5.4%

1Y

10.6%

WDO

CA$8.99

Wesdome Gold Mines

7D

-7.2%

1Y

-28.1%

TECK.B

CA$48.01

Teck Resources

7D

7.2%

1Y

41.7%

FR

CA$12.29

First Majestic Silver

7D

-2.8%

1Y

-19.3%

IVN

CA$11.46

Ivanhoe Mines

7D

4.5%

1Y

13.0%

LAC

CA$31.90

Lithium Americas

7D

-7.5%

1Y

-36.7%

LUN

CA$8.24

Lundin Mining

7D

4.4%

1Y

-17.8%