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Canadian (TSX) Copper Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies42
  • 7D-6.7%
  • 3M-6.2%
  • 1Y162.5%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 1.4%, driven by gains from Faraday Copper of 5.6%. In the same time, Lundin Mining was down 7.8%. This means that the industry has gained 189% over the past year. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026CA$94.8bCA$18.4bCA$2.1b8.5x44.2x5.2x
Fri, 20 Mar 2026CA$77.3bCA$18.4bCA$2.1b8.9x36.4x4.2x
Sun, 15 Feb 2026CA$89.8bCA$17.2bCA$772.1m23.1x116.3x5.2x
Tue, 13 Jan 2026CA$90.0bCA$17.2bCA$909.4m24x98.9x5.2x
Thu, 11 Dec 2025CA$71.6bCA$17.1bCA$906.0m21.2x79.1x4.2x
Sat, 08 Nov 2025CA$65.7bCA$17.4bCA$971.8m21.3x67.6x3.8x
Mon, 06 Oct 2025CA$64.8bCA$16.6bCA$781.1m85.1x82.9x3.9x
Wed, 03 Sep 2025CA$48.7bCA$16.5bCA$771.9m64.6x63x3x
Fri, 01 Aug 2025CA$43.2bCA$16.2bCA$492.7m68.9x87.7x2.7x
Sun, 29 Jun 2025CA$45.4bCA$16.0bCA$406.7m69x111.6x2.8x
Tue, 27 May 2025CA$39.0bCA$16.1bCA$413.5m71.8x94.3x2.4x
Thu, 24 Apr 2025CA$32.7bCA$15.4b-CA$14,317,225.8643.6x-2285.3x2.1x
Sat, 22 Mar 2025CA$41.9bCA$15.8b-CA$72,024,068.1654.9x-581.5x2.6x
Mon, 17 Feb 2025CA$40.3bCA$16.5bCA$400.0m57.6x100.8x2.4x
Wed, 15 Jan 2025CA$38.3bCA$16.7b-CA$1,794,982,663.6823.9x-21.3x2.3x
Fri, 13 Dec 2024CA$38.2bCA$16.5b-CA$1,785,896,677.7125.5x-21.4x2.3x
Sun, 10 Nov 2024CA$39.9bCA$16.2b-CA$1,747,225,482.0433.2x-22.8x2.5x
Tue, 08 Oct 2024CA$41.1bCA$16.6b-CA$1,711,733,749.5541.4x-24x2.5x
Thu, 05 Sep 2024CA$33.2bCA$16.5b-CA$1,694,981,419.2332.2x-19.6x2x
Sat, 03 Aug 2024CA$35.4bCA$16.8b-CA$1,807,921,120.5642.8x-19.6x2.1x
Mon, 01 Jul 2024CA$39.7bCA$16.4b-CA$1,669,179,849.2835.8x-23.8x2.4x
Wed, 29 May 2024CA$42.1bCA$16.3b-CA$1,654,322,811.1238.8x-25.4x2.6x
Fri, 26 Apr 2024CA$38.2bCA$16.1b-CA$1,449,223,135.2716.5x-26.4x2.4x
Sun, 24 Mar 2024CA$32.5bCA$16.7b-CA$1,145,765,150.0415.1x-28.3x1.9x
Tue, 20 Feb 2024CA$26.9bCA$17.0bCA$1.0b19.3x25.9x1.6x
Thu, 18 Jan 2024CA$25.5bCA$17.3bCA$989.2m18.2x25.7x1.5x
Sat, 16 Dec 2023CA$24.8bCA$17.2bCA$970.9m18.7x25.5x1.4x
Mon, 13 Nov 2023CA$24.8bCA$17.7bCA$1.1b14.3x22.1x1.4x
Wed, 11 Oct 2023CA$37.3bCA$16.4bCA$833.3m17.9x44.7x2.3x
Fri, 08 Sep 2023CA$40.7bCA$16.5bCA$841.5m19.8x48.4x2.5x
Sun, 06 Aug 2023CA$44.7bCA$16.1bCA$277.1m25.2x161.5x2.8x
Tue, 04 Jul 2023CA$38.9bCA$16.3bCA$696.8m25.9x55.8x2.4x
Thu, 01 Jun 2023CA$36.7bCA$16.7bCA$713.7m22.2x51.4x2.2x
Sat, 29 Apr 2023CA$40.3bCA$16.9bCA$1.1b20.4x35.7x2.4x
Price to Earnings Ratio

35.7x


Total Market Cap: CA$40.3bTotal Earnings: CA$1.1bTotal Revenue: CA$16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -58.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Copper industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.6x which is higher than its 3-year average PE of -58.4x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 2.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Copper compare with similar industries?

CA Market-1.08%
Materials-5.95%
Metals and Mining-6.33%
Copper-6.70%
Aluminum0%0
Precious Metals and Minerals-3.40%
Diversified Metals and Mining-3.59%
Steel-5.94%
Silver-6.60%
Gold-6.94%
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
FDY Faraday CopperCA$5.115.6%
+CA$78.6m		523.2%PB25.6x
GLAD Gladiator MetalsCA$1.3810.4%
+CA$13.7m		187.5%PB8.1x
ECU Element 29 ResourcesCA$1.331.5%
+CA$3.1m		315.6%PB8.9x
AVE Aventis EnergyCA$0.1716.7%
+CA$2.3m		45.8%n/a
BCU Bell CopperCA$0.0920.0%
+CA$2.2m		100.0%PB1.4x

Latest News

ECU
CA$1.33
Element 29 Resources
7D
1.5%
1Y
315.6%
III
CA$7.37
Imperial Metals
7D
-17.2%
1Y
122.0%
AVE
CA$0.17
Aventis Energy
7D
16.7%
1Y
45.8%
CS
CA$11.75
Capstone Copper
7D
-8.4%
1Y
93.9%

CS: Deferred Mantoverde Inflection Is Expected To Support Future Share Outperformance

Capstone Copper's updated fair value estimate has been trimmed by about CA$1.10 to CA$16.07 as analysts adjust price targets around CA$15.50 to CA$19.00, citing more conservative assumptions on growth, margins and timing of the Mantoverde driven production and cost inflection. Analyst Commentary Recent Street research on Capstone Copper shows price targets clustering in a CA$15.50 to CA$19.00 range, with several revisions as analysts reset expectations around Mantoverde timelines, cost improvements and medium term production plans.
TKO
CA$9.73
Taseko Mines
7D
-9.4%
1Y
231.0%
LUN
CA$37.35
Lundin Mining
7D
-7.8%
1Y
238.9%
FDY
CA$5.11
Faraday Copper
7D
5.6%
1Y
523.2%
ERO
CA$36.90
Ero Copper
7D
-10.8%
1Y
137.9%

ERO: Copper Demand Strength And Furnas Project Will Drive Future Upside

The analyst price target for Ero Copper edges higher to CA$47.49 from CA$47.09, reflecting recent CA$50 to CA$52 target moves from several firms and analyst expectations that copper demand trends support the updated outlook. Analyst Commentary Recent Street research on Ero Copper reflects a mix of constructive and more cautious views, with several firms adjusting price targets and ratings as they reassess copper market trends and the company’s execution risk.
TM
CA$0.41
Trigon Metals
7D
1.3%
1Y
68.8%
FM
CA$36.83
First Quantum Minerals
7D
-4.6%
1Y
121.1%
DCOP
CA$0.11
District Copper
7D
22.2%
1Y
120.0%
CPER
CA$0.06
CopperCorp Resources
7D
9.1%
1Y
-29.4%

Copper: Slowing Chinese Demand Meets Rising Supply

Mar 16
MARI
CA$8.41
Marimaca Copper
7D
-7.3%
1Y
85.7%
BCU
CA$0.09
Bell Copper
7D
20.0%
1Y
100.0%
ASCU
CA$7.87
Arizona Sonoran Copper
7D
-6.1%
1Y
274.8%
GLAD
CA$1.38
Gladiator Metals
7D
10.4%
1Y
187.5%