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Canadian (TSX) Copper Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies41
  • 7D0.8%
  • 3M33.4%
  • 1Y125.5%
  • YTDn/a

The Copper is pretty flat in the last 7 days, but Lundin Mining has stood out, gaining 4.0%. As for the the longer term, the industry is up 126% over the past 12 months. Looking forward, 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, 16 Feb 2026CA$89.8bCA$17.2bCA$772.1m23.1x116.3x5.2x
Wed, 14 Jan 2026CA$90.0bCA$17.2bCA$909.7m23.4x98.9x5.2x
Fri, 12 Dec 2025CA$73.7bCA$17.1bCA$904.4m21.7x81.5x4.3x
Sun, 09 Nov 2025CA$66.6bCA$17.4bCA$970.5m21.3x68.6x3.8x
Tue, 07 Oct 2025CA$64.8bCA$16.6bCA$781.0m84.9x82.9x3.9x
Thu, 04 Sep 2025CA$48.1bCA$16.5bCA$772.6m67x62.2x2.9x
Sat, 02 Aug 2025CA$44.1bCA$16.4bCA$653.8m59.7x67.5x2.7x
Mon, 30 Jun 2025CA$45.4bCA$16.0bCA$406.7m69x111.6x2.8x
Wed, 28 May 2025CA$39.9bCA$16.1bCA$416.3m71.4x95.9x2.5x
Fri, 25 Apr 2025CA$35.2bCA$15.4b-CA$14,328,705.1045.2x-2459.4x2.3x
Sun, 23 Mar 2025CA$41.3bCA$15.8b-CA$77,049,855.3654.9x-535.4x2.6x
Tue, 18 Feb 2025CA$40.3bCA$16.5bCA$400.0m57.6x100.8x2.4x
Thu, 16 Jan 2025CA$36.8bCA$16.6b-CA$1,804,402,150.3324.4x-20.4x2.2x
Sat, 14 Dec 2024CA$38.0bCA$16.5b-CA$1,787,159,086.4025.5x-21.3x2.3x
Mon, 11 Nov 2024CA$39.9bCA$16.2b-CA$1,747,225,482.0433.2x-22.8x2.5x
Wed, 09 Oct 2024CA$40.8bCA$16.6b-CA$1,714,657,125.3844.7x-23.8x2.5x
Fri, 06 Sep 2024CA$32.8bCA$16.4b-CA$1,694,465,895.1332.2x-19.4x2x
Sun, 04 Aug 2024CA$34.9bCA$16.8b-CA$1,807,808,668.7042.8x-19.3x2.1x
Tue, 02 Jul 2024CA$39.7bCA$16.4b-CA$1,676,591,761.5135.6x-23.7x2.4x
Thu, 30 May 2024CA$42.6bCA$16.4b-CA$1,660,057,878.4336.4x-25.6x2.6x
Sat, 27 Apr 2024CA$41.2bCA$16.1b-CA$1,449,785,708.1317.7x-28.4x2.6x
Mon, 25 Mar 2024CA$32.5bCA$16.7b-CA$1,145,765,150.0415.1x-28.3x1.9x
Wed, 21 Feb 2024CA$26.2bCA$17.0bCA$1.0b18.7x25.2x1.5x
Fri, 19 Jan 2024CA$25.2bCA$17.3bCA$987.8m18x25.5x1.5x
Sun, 17 Dec 2023CA$24.8bCA$17.2bCA$970.9m18.7x25.5x1.4x
Tue, 14 Nov 2023CA$24.4bCA$17.7bCA$1.1b14.4x21.8x1.4x
Thu, 12 Oct 2023CA$37.5bCA$16.4bCA$834.6m17.5x44.9x2.3x
Sat, 09 Sep 2023CA$40.7bCA$16.5bCA$838.3m19.5x48.6x2.5x
Mon, 07 Aug 2023CA$44.8bCA$16.1bCA$277.1m25.4x161.5x2.8x
Wed, 05 Jul 2023CA$39.6bCA$16.3bCA$695.1m26x57x2.4x
Fri, 02 Jun 2023CA$35.9bCA$16.6bCA$704.9m22.8x50.9x2.2x
Sun, 30 Apr 2023CA$40.3bCA$16.9bCA$1.1b20.4x35.8x2.4x
Tue, 28 Mar 2023CA$34.6bCA$17.9bCA$1.6b14.1x21.7x1.9x
Thu, 23 Feb 2023CA$32.9bCA$18.0bCA$1.8b10.3x18.2x1.8x
Price to Earnings Ratio

18.2x


Total Market Cap: CA$32.9bTotal Earnings: CA$1.8bTotal Revenue: CA$18.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -59.9x202420252026
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 116x which is higher than its 3-year average PE of -59.9x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 25% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market1.92%
Materials4.91%
Metals and Mining5.19%
Copper0.78%
Gold6.75%
Silver3.45%
Steel3.08%
Diversified Metals and Mining2.18%
Aluminum0%0
Precious Metals and Minerals-1.52%
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
LUN Lundin MiningCA$34.800.5%
+CA$155.8m		182.2%PE103x
ASCU Arizona Sonoran CopperCA$6.196.9%
+CA$83.5m		197.6%PB5.9x
FMT Fuerte MetalsCA$8.425.3%
+CA$53.5m		815.2%PB140.4x
FDY Faraday CopperCA$3.386.3%
+CA$51.4m		350.7%PB13.1x
TKO Taseko MinesCA$11.311.1%
+CA$43.4m		266.0%PS6.8x

Latest News

TKO
CA$11.31
Taseko Mines
7D
1.1%
1Y
266.0%
XXIX
CA$0.12
XXIX Metal
7D
-4.0%
1Y
-4.0%
CS
CA$15.86
Capstone Copper
7D
-1.1%
1Y
83.6%
LUN
CA$34.80
Lundin Mining
7D
0.5%
1Y
182.2%
FM
CA$36.22
First Quantum Minerals
7D
-6.5%
1Y
85.2%
III
CA$10.60
Imperial Metals
7D
-8.3%
1Y
343.5%
ASCU
CA$6.19
Arizona Sonoran Copper
7D
6.9%
1Y
197.6%
ERO
CA$41.80
Ero Copper
7D
-2.9%
1Y
103.9%

ERO: Critical Mineral Role And Gold Output Will Shape Balanced Outlook

Ero Copper's analyst target has been raised by about $4.33 to $45.63, as analysts factor in updated assumptions around growth, margins and future P/E multiples. This change is reflected in a cluster of recent target changes and upgrades.
VCU
CA$1.57
Vizsla Copper
7D
-16.9%
1Y
84.7%
GLAD
CA$1.05
Gladiator Metals
7D
-17.3%
1Y
90.9%

We're Keeping An Eye On Gladiator Metals' (CVE:GLAD) Cash Burn Rate

Feb 03
We're Keeping An Eye On Gladiator Metals' (CVE:GLAD) Cash Burn Rate
OCO
CA$0.56
Oroco Resource
7D
-15.2%
1Y
115.4%
MARI
CA$11.26
Marimaca Copper
7D
-3.0%
1Y
101.1%
AXO
CA$0.92
Axo Copper
7D
24.3%
1Y
n/a
FDY
CA$3.38
Faraday Copper
7D
6.3%
1Y
350.7%
FMT
CA$8.42
Fuerte Metals
7D
5.3%
1Y
815.2%
LEO
CA$0.30
Lion Copper and Gold
7D
17.3%
1Y
258.8%