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Canadian (TSX) Copper Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies40
  • 7D-8.5%
  • 3M9.5%
  • 1Y109.2%
  • YTDn/a

Over the last 7 days, the Copper industry has dropped 8.6%, driven by Lundin Mining declining 9.6%. Meanwhile, Koryx Copper actually outperformed within the industry, gaining 9.3% in the last week. This takes the industry's 12 month performance to a gain of 109%. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jun 2026CA$92.0bCA$19.8bCA$2.3b9.2x40.2x4.7x
Tue, 05 May 2026CA$81.6bCA$18.7bCA$2.1b7.4x39.8x4.4x
Thu, 02 Apr 2026CA$81.9bCA$18.6bCA$2.1b10.5x38.3x4.4x
Sat, 28 Feb 2026CA$102.0bCA$17.7bCA$1.9b25.4x52.6x5.8x
Mon, 26 Jan 2026CA$92.7bCA$17.0bCA$897.0m26.2x103.4x5.5x
Wed, 24 Dec 2025CA$79.8bCA$17.0bCA$897.5m22.6x88.9x4.7x
Fri, 21 Nov 2025CA$66.6bCA$17.5bCA$929.3m18.6x71.7x3.8x
Sun, 19 Oct 2025CA$62.9bCA$16.7bCA$784.4m80x80.2x3.8x
Tue, 16 Sep 2025CA$52.1bCA$16.4bCA$771.1m68.2x67.5x3.2x
Thu, 14 Aug 2025CA$47.3bCA$16.4bCA$763.0m64.3x62x2.9x
Sat, 12 Jul 2025CA$44.9bCA$16.0bCA$406.4m67.8x110.6x2.8x
Mon, 09 Jun 2025CA$42.6bCA$16.0bCA$407.7m67.4x104.5x2.7x
Wed, 07 May 2025CA$35.3bCA$15.8bCA$231.6m61.8x152.3x2.2x
Fri, 04 Apr 2025CA$37.7bCA$15.6b-CA$17,651,604.2742.2x-2135.3x2.4x
Sun, 02 Mar 2025CA$35.9bCA$15.9bCA$72.4m61.2x495.7x2.3x
Tue, 28 Jan 2025CA$37.8bCA$16.7b-CA$1,809,952,422.7826.3x-20.9x2.3x
Thu, 26 Dec 2024CA$36.9bCA$16.7b-CA$1,801,646,814.3024.4x-20.5x2.2x
Sat, 23 Nov 2024CA$39.7bCA$16.3b-CA$1,756,071,499.8733.5x-22.6x2.4x
Mon, 21 Oct 2024CA$40.0bCA$16.8b-CA$1,733,834,821.1242.7x-23.1x2.4x
Wed, 18 Sep 2024CA$36.0bCA$16.5b-CA$1,704,978,054.4130x-21.1x2.2x
Fri, 16 Aug 2024CA$34.5bCA$16.7b-CA$1,751,024,228.0343.1x-19.7x2.1x
Sun, 14 Jul 2024CA$42.1bCA$16.3b-CA$1,663,372,990.5638.3x-25.3x2.6x
Tue, 11 Jun 2024CA$38.8bCA$16.5b-CA$1,670,324,696.3534.6x-23.2x2.4x
Thu, 09 May 2024CA$41.4bCA$16.4b-CA$1,687,987,176.9735.7x-24.5x2.5x
Sat, 06 Apr 2024CA$36.7bCA$16.7b-CA$1,124,248,909.1917.2x-32.6x2.2x
Mon, 04 Mar 2024CA$28.7bCA$16.6b-CA$1,209,262,555.1224.4x-23.7x1.7x
Wed, 31 Jan 2024CA$26.8bCA$17.2bCA$979.4m19.2x27.4x1.6x
Fri, 29 Dec 2023CA$25.9bCA$17.0bCA$965.9m18.9x26.8x1.5x
Sun, 26 Nov 2023CA$24.5bCA$17.5bCA$996.0m15.9x24.6x1.4x
Tue, 24 Oct 2023CA$34.3bCA$16.5bCA$841.9m15.2x40.8x2.1x
Thu, 21 Sep 2023CA$39.8bCA$16.3bCA$825.6m19.2x48.2x2.4x
Sat, 19 Aug 2023CA$40.0bCA$16.4bCA$810.9m23.1x49.3x2.4x
Mon, 17 Jul 2023CA$42.3bCA$16.3bCA$695.2m28x60.8x2.6x
Wed, 14 Jun 2023CA$37.8bCA$16.4bCA$700.9m25.2x53.9x2.3x
Price to Earnings Ratio

53.9x


Total Market Cap: CA$37.8bTotal Earnings: CA$700.9mTotal Revenue: CA$16.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -58.7x202420252026
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 46.0x which is higher than its 3-year average PE of -58.7x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 6.4% 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-0.95%
Materials-9.97%
Metals and Mining-10.77%
Copper-8.55%
Aluminum0%0
Steel-4.51%
Diversified Metals and Mining-9.16%
Gold-11.19%
Precious Metals and Minerals-13.43%
Silver-16.38%
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
KRY Koryx CopperCA$3.299.3%
+CA$34.0m		246.3%PB6.8x
GLAD Gladiator MetalsCA$2.347.3%
+CA$16.9m		277.4%PB13.8x
KBX Kobrea ExplorationCA$0.3050.0%
+CA$5.3m		-9.1%n/a
ECU Element 29 ResourcesCA$1.401.4%
+CA$3.8m		150.0%PB11.7x
LVX Leviathan MetalsCA$0.731.4%
+CA$1.1m		82.5%PB3x

Latest News

FDY
CA$5.45
Faraday Copper
7D
-11.2%
1Y
589.9%
KRY
CA$3.29
Koryx Copper
7D
9.3%
1Y
246.3%
CS
CA$13.35
Capstone Copper
7D
-11.1%
1Y
71.8%
Narrative Update • Jun 04

CS: Royalty Ruling And Project Execution Will Shape Future Share Repricing

Capstone Copper's analyst price target edges higher to CA$15.75 from CA$15.47, as analysts factor in updated fair value, revenue growth, margin assumptions and recent mixed target revisions from CIBC, Canaccord and Scotiabank. Analyst Commentary Recent target revisions present a mixed picture, with some bullish analysts raising their fair value estimates and others trimming targets.
LVX
CA$0.73
Leviathan Metals
7D
1.4%
1Y
82.5%
ERO
CA$35.81
Ero Copper
7D
-14.8%
1Y
65.7%
TKO
CA$9.27
Taseko Mines
7D
-9.6%
1Y
121.2%
Narrative Update • Jun 01

TKO: Future Copper Output From Florence And Gibraltar Could Reprice Earnings Potential

Narrative Update on Taseko Mines The analyst price target for Taseko Mines has been raised from CA$10.64 to CA$12.00, with analysts pointing to adjusted assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this revision. Analyst Commentary While the latest fair value work points to a higher price target for Taseko Mines, it is worth balancing that with how bearish analysts are treating another company with the TKO ticker.
FM
CA$40.02
First Quantum Minerals
7D
-5.7%
1Y
85.4%
LUN
CA$37.22
Lundin Mining
7D
-9.6%
1Y
157.6%
KBX
CA$0.30
Kobrea Exploration
7D
50.0%
1Y
-9.1%
CLUS
CA$0.065
Colossus Resources
7D
18.2%
1Y
-7.1%
GLAD
CA$2.34
Gladiator Metals
7D
7.3%
1Y
277.4%
ASCU
CA$8.63
Arizona Sonoran Copper
7D
-10.5%
1Y
318.9%
ECU
CA$1.40
Element 29 Resources
7D
1.4%
1Y
150.0%
FMT
CA$7.90
Talamore Mining
7D
-12.2%
1Y
900.0%