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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies1209
  • 7D-0.2%
  • 3M7.6%
  • 1Y42.4%
  • YTD8.7%

The Metals and Mining is pretty flat in the last 7 days, but Barrick Gold has stood out, gaining 4.5%. As for the the longer term, the industry is up 42% over the past 12 months. Earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025CA$435.8bCA$111.7bCA$3.9b12.8x112.3x3.9x
Tue, 14 Jan 2025CA$411.9bCA$112.0bCA$530.7m13.2x776.1x3.7x
Thu, 12 Dec 2024CA$418.9bCA$110.5bCA$353.8m13.5x1183.8x3.8x
Sat, 09 Nov 2024CA$433.0bCA$108.4bCA$574.7m13.8x753.5x4x
Mon, 07 Oct 2024CA$424.4bCA$105.3b-CA$374,677,881.9117.8x-1132.7x4x
Wed, 04 Sep 2024CA$401.8bCA$105.6b-CA$684,276,590.5216.9x-587.2x3.8x
Fri, 02 Aug 2024CA$405.3bCA$106.1b-CA$369,198,261.5016x-1097.9x3.8x
Sun, 30 Jun 2024CA$374.6bCA$104.8b-CA$564,363,432.3215.1x-663.7x3.6x
Tue, 28 May 2024CA$396.7bCA$104.5b-CA$936,788,649.4618.1x-423.5x3.8x
Thu, 25 Apr 2024CA$365.8bCA$102.7bCA$1.2b16.7x309.3x3.6x
Sat, 23 Mar 2024CA$330.4bCA$103.5bCA$1.3b13.1x251.2x3.2x
Mon, 19 Feb 2024CA$299.5bCA$100.7bCA$4.9b12.9x61x3x
Wed, 17 Jan 2024CA$341.0bCA$107.8bCA$1.8b12.6x194x3.2x
Fri, 15 Dec 2023CA$339.3bCA$107.2bCA$1.7b13.1x198.4x3.2x
Sun, 12 Nov 2023CA$319.9bCA$109.4bCA$2.2b11.9x146x2.9x
Tue, 10 Oct 2023CA$335.7bCA$105.9bCA$1.6b11x214x3.2x
Thu, 07 Sep 2023CA$357.0bCA$104.8bCA$1.7b11.1x205.1x3.4x
Sat, 05 Aug 2023CA$368.0bCA$103.4bCA$951.2m11.9x386.8x3.6x
Mon, 03 Jul 2023CA$360.7bCA$104.0bCA$2.5b12x146.4x3.5x
Wed, 31 May 2023CA$361.9bCA$106.0bCA$2.7b13.9x132.7x3.4x
Fri, 28 Apr 2023CA$399.0bCA$106.5bCA$4.4b13.6x90.3x3.7x
Sun, 26 Mar 2023CA$365.6bCA$109.0bCA$6.9b13.7x52.9x3.4x
Tue, 21 Feb 2023CA$350.0bCA$111.5bCA$9.5b13.1x37x3.1x
Thu, 19 Jan 2023CA$365.8bCA$113.9bCA$12.1b12.6x30.3x3.2x
Sat, 17 Dec 2022CA$337.4bCA$115.0bCA$12.2b10.9x27.6x2.9x
Mon, 14 Nov 2022CA$331.1bCA$113.1bCA$13.3b9.4x25x2.9x
Wed, 12 Oct 2022CA$295.4bCA$116.5bCA$16.4b8.7x18x2.5x
Fri, 09 Sep 2022CA$296.4bCA$112.3bCA$15.7b9.3x18.8x2.6x
Sun, 07 Aug 2022CA$297.4bCA$110.5bCA$15.3b9.7x19.4x2.7x
Tue, 05 Jul 2022CA$308.3bCA$107.0bCA$14.6b10.3x21.1x2.9x
Thu, 02 Jun 2022CA$360.3bCA$105.5bCA$14.4b12.3x25x3.4x
Sat, 30 Apr 2022CA$389.8bCA$104.4bCA$14.5b11x26.9x3.7x
Mon, 28 Mar 2022CA$436.0bCA$103.9bCA$13.9b11.7x31.3x4.2x
Wed, 23 Feb 2022CA$395.8bCA$102.6bCA$12.4b10.7x32x3.9x
Price to Earnings Ratio

32x


Total Market Cap: CA$395.8bTotal Earnings: CA$12.4bTotal Revenue: CA$102.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 275.5x202320242025
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 112x which is lower than its 3-year average PE of 276x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 32% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% 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-0.13%
Materials-0.30%
Metals and Mining-0.15%
Precious Metals and Minerals3.83%
Diversified Metals and Mining0.73%
Copper0.30%
Aluminum0%0
Steel-0.42%
Silver-0.47%
Gold-0.53%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 11.7x.
    • Analysts are expecting annual earnings growth of 43.3%, which is higher than its past year's earnings decline of 49.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings growth rate of 44% 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
ABX Barrick GoldCA$25.434.5%
+CA$1.4b
28.8%PE14.5x
IVN Ivanhoe MinesCA$16.662.8%
+CA$614.6m
15.1%PE100.3x
WPM Wheaton Precious MetalsCA$95.711.2%
+CA$526.3m
59.8%PE50.3x
TFPM Triple Flag Precious MetalsCA$24.323.8%
+CA$181.3m
45.1%PS14x
ERO Ero CopperCA$20.507.4%
+CA$146.7m
-6.6%PE87.8x
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Latest News

K

CA$15.99

Kinross Gold

7D

-5.8%

1Y

134.1%

PPTA

CA$13.13

Perpetua Resources

7D

-23.8%

1Y

229.1%

ABX

CA$25.43

Barrick Gold

7D

4.5%

1Y

28.8%

WPM

CA$95.71

Wheaton Precious Metals

7D

1.2%

1Y

59.8%

SEA

CA$16.00

Seabridge Gold

7D

-12.7%

1Y

6.0%

GTWO

CA$3.02

G2 Goldfields

7D

18.0%

1Y

313.7%

FM

CA$19.56

First Quantum Minerals

7D

-1.8%

1Y

61.4%

SVM

CA$5.16

Silvercorp Metals

7D

12.2%

1Y

59.3%

FNV

CA$196.12

Franco-Nevada

7D

-2.8%

1Y

33.3%

GMIN

CA$15.04

G Mining Ventures

7D

-4.6%

1Y

111.2%

TECK.B

CA$61.08

Teck Resources

7D

-0.7%

1Y

17.0%

NGEX

CA$14.16

NGEx Minerals

7D

4.2%

1Y

75.9%

IVN

CA$16.66

Ivanhoe Mines

7D

2.8%

1Y

15.1%

TFPM

CA$24.32

Triple Flag Precious Metals

7D

3.8%

1Y

45.1%