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Canadian (TSX) Copper Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies36
  • 7D13.7%
  • 3M27.0%
  • 1Y-9.7%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 13%, driven by gains in Lundin Mining and First Quantum Minerals of 17% and 13%, respectively. Meanwhile, Vital Battery Metals actually underperformed within the industry, shrinking 20% in the last week. In the past year, the industry is down 8.1%. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Canadian Copper Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$34.0bCA$16.6b-CA$1,139,789,257.8215.1x-29.8x2x
Wed, 14 Feb 2024CA$25.2bCA$17.1bCA$1.1b18.2x24x1.5x
Fri, 12 Jan 2024CA$26.1bCA$17.2bCA$979.8m18.9x26.6x1.5x
Sun, 10 Dec 2023CA$23.5bCA$17.4bCA$988.4m16.9x23.8x1.3x
Tue, 07 Nov 2023CA$26.5bCA$17.5bCA$1.1b15.2x24.5x1.5x
Thu, 05 Oct 2023CA$36.9bCA$16.5bCA$842.7m16.5x43.8x2.2x
Sat, 02 Sep 2023CA$43.6bCA$16.4bCA$833.9m21x52.3x2.7x
Mon, 31 Jul 2023CA$45.6bCA$16.0bCA$256.2m39.8x178x2.9x
Wed, 28 Jun 2023CA$38.6bCA$16.3bCA$692.0m26.1x55.7x2.4x
Fri, 26 May 2023CA$36.4bCA$16.8bCA$709.0m23.3x51.4x2.2x
Sun, 23 Apr 2023CA$39.7bCA$17.7bCA$1.6b16.5x25.5x2.2x
Tue, 21 Mar 2023CA$33.2bCA$17.9bCA$1.7b13x20.1x1.9x
Thu, 16 Feb 2023CA$34.2bCA$17.8bCA$1.8b10.2x19.2x1.9x
Sat, 14 Jan 2023CA$37.5bCA$17.9bCA$2.0b10.4x18.3x2.1x
Mon, 12 Dec 2022CA$35.9bCA$18.2bCA$2.1b9.2x17.2x2x
Wed, 09 Nov 2022CA$32.4bCA$18.1bCA$2.6b9.5x12.5x1.8x
Fri, 07 Oct 2022CA$27.9bCA$18.4bCA$3.2b8.8x8.6x1.5x
Sun, 04 Sep 2022CA$25.0bCA$17.7bCA$3.1b8.3x8.1x1.4x
Tue, 02 Aug 2022CA$27.0bCA$17.1bCA$3.1b9.5x8.8x1.6x
Thu, 30 Jun 2022CA$29.8bCA$17.5bCA$3.1b9.5x9.5x1.7x
Sat, 28 May 2022CA$41.2bCA$17.3bCA$3.1b14x13.3x2.4x
Mon, 25 Apr 2022CA$38.6bCA$15.2bCA$2.3b14.6x16.6x2.5x
Wed, 23 Mar 2022CA$42.7bCA$15.1bCA$2.3b15.7x18.4x2.8x
Fri, 18 Feb 2022CA$38.3bCA$14.5bCA$2.2b16.4x17.5x2.6x
Sun, 16 Jan 2022CA$37.3bCA$14.0bCA$1.9b16.5x20.1x2.7x
Tue, 14 Dec 2021CA$33.0bCA$14.2bCA$1.9b16.9x17.5x2.3x
Thu, 11 Nov 2021CA$32.6bCA$13.8bCA$1.9b9.3x17.4x2.4x
Sat, 09 Oct 2021CA$29.7bCA$13.1bCA$1.5b8.9x20.4x2.3x
Mon, 06 Sep 2021CA$30.5bCA$13.0bCA$1.4b23.6x21.1x2.3x
Wed, 04 Aug 2021CA$30.7bCA$13.0bCA$1.4b24.5x21.2x2.4x
Sat, 08 May 2021CA$35.7bCA$11.6bCA$804.9m42.9x44.3x3.1x
Price to Earnings Ratio

37.8x


Total Market Cap: CA$30.5bTotal Earnings: CA$807.3mTotal Revenue: CA$11.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average 26.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Copper industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • Total earnings for the Copper industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 13% 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 Comparison

How does Canadian Copper compare with similar industries?

CA Market0.35%
Materials2.73%
Metals and Mining3.51%
Copper13.74%
Diversified Metals and Mining6.97%
Silver5.09%
Precious Metals and Minerals3.79%
Gold0.38%
Aluminum0%
Steel-2.62%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
FM First Quantum MineralsCA$15.0114.8%
+CA$1.6b
-44.2%PS1.4x
LUN Lundin MiningCA$13.5816.9%
+CA$1.5b
72.8%PE32.1x
CS Capstone CopperCA$8.158.2%
+CA$466.8m
40.3%PS3.4x
ERO Ero CopperCA$25.8015.5%
+CA$355.5m
16.2%PE21.1x
TKO Taseko MinesCA$2.6212.0%
+CA$81.3m
27.8%PE9.2x
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Latest News

TKO

CA$2.62

Taseko Mines

7D

12.0%

1Y

27.8%

ERO

CA$25.80

Ero Copper

7D

15.5%

1Y

16.2%

FM

CA$15.01

First Quantum Minerals

7D

12.9%

1Y

-42.4%

FDY

CA$0.63

Faraday Copper

7D

23.5%

1Y

-22.2%

LUN

CA$13.58

Lundin Mining

7D

17.4%

1Y

75.7%

ASCU

CA$1.43

Arizona Sonoran Copper

7D

12.6%

1Y

-22.7%

ACOP

CA$1.05

Atacama Copper

7D

-0.9%

1Y

n/a

VBAM

CA$0.18

Vital Battery Metals

7D

-19.6%

1Y

-53.8%

CPER

CA$0.08

CopperCorp Resources

7D

-20.0%

1Y

-46.7%

USCU

CA$0.045

US Copper

7D

-10.0%

1Y

-40.0%