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Canadian (TSX) Copper Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies41
  • 7D-3.1%
  • 3M50.2%
  • 1Y155.7%
  • YTDn/a

Over the last 7 days, the Copper industry has dropped 3.1%, driven by a pullback from First Quantum Minerals of 5.4%. In the past year, the industry has gained 156%. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026CA$90.8bCA$17.0bCA$876.9m27x103.6x5.4x
Thu, 01 Jan 2026CA$81.5bCA$17.0bCA$893.8m23x91.2x4.8x
Sat, 29 Nov 2025CA$68.7bCA$17.3bCA$920.8m20.4x74.7x4x
Mon, 27 Oct 2025CA$62.1bCA$16.7bCA$786.6m82.6x79x3.7x
Wed, 24 Sep 2025CA$54.2bCA$16.5bCA$774.9m71.3x70x3.3x
Fri, 22 Aug 2025CA$45.7bCA$16.6bCA$767.0m61.5x59.5x2.8x
Sun, 20 Jul 2025CA$44.0bCA$16.0bCA$408.2m65.1x107.8x2.7x
Tue, 17 Jun 2025CA$41.4bCA$15.9bCA$403.9m67x102.6x2.6x
Thu, 15 May 2025CA$38.3bCA$16.3bCA$410.5m72.8x93.4x2.4x
Sat, 12 Apr 2025CA$29.7bCA$15.4b-CA$14,399,517.3438.8x-2062.4x1.9x
Mon, 10 Mar 2025CA$36.7bCA$15.9b-CA$67,444,642.0850.1x-544.5x2.3x
Wed, 05 Feb 2025CA$35.2bCA$16.6b-CA$1,809,214,480.8325.7x-19.5x2.1x
Fri, 03 Jan 2025CA$36.4bCA$16.7b-CA$1,809,236,080.8424.5x-20.1x2.2x
Sun, 01 Dec 2024CA$38.9bCA$16.3b-CA$1,758,188,769.4127.7x-22.1x2.4x
Tue, 29 Oct 2024CA$39.8bCA$15.8b-CA$2,045,139,267.6843.4x-19.5x2.5x
Thu, 26 Sep 2024CA$39.9bCA$16.4b-CA$1,693,023,225.6442.3x-23.6x2.4x
Sat, 24 Aug 2024CA$37.1bCA$16.4b-CA$1,668,127,074.6933.6x-22.2x2.3x
Mon, 22 Jul 2024CA$37.3bCA$16.4b-CA$1,675,583,188.4532.9x-22.2x2.3x
Wed, 19 Jun 2024CA$36.8bCA$16.4b-CA$1,673,360,994.6933.9x-22x2.2x
Fri, 17 May 2024CA$42.4bCA$16.3b-CA$1,651,051,006.2837.1x-25.7x2.6x
Sun, 14 Apr 2024CA$37.9bCA$16.9b-CA$1,139,443,231.2317.5x-33.3x2.2x
Tue, 12 Mar 2024CA$29.9bCA$16.5b-CA$1,121,153,191.9913.6x-26.7x1.8x
Thu, 08 Feb 2024CA$25.9bCA$17.0bCA$1.0b19.2x24.9x1.5x
Sat, 06 Jan 2024CA$26.8bCA$17.1bCA$977.0m19.6x27.4x1.6x
Mon, 04 Dec 2023CA$23.9bCA$17.3bCA$980.9m17x24.4x1.4x
Wed, 01 Nov 2023CA$25.1bCA$17.1bCA$1.1b13.6x21.9x1.5x
Fri, 29 Sep 2023CA$37.3bCA$16.3bCA$826.8m18.3x45.2x2.3x
Sun, 27 Aug 2023CA$40.1bCA$16.4bCA$821.3m24.2x48.8x2.4x
Tue, 25 Jul 2023CA$42.3bCA$16.2bCA$691.3m28.1x61.2x2.6x
Thu, 22 Jun 2023CA$40.4bCA$16.2bCA$691.0m26.8x58.4x2.5x
Sat, 20 May 2023CA$38.9bCA$16.7bCA$702.7m24.9x55.4x2.3x
Mon, 17 Apr 2023CA$41.7bCA$17.4bCA$1.5b17.1x27.3x2.4x
Wed, 15 Mar 2023CA$33.3bCA$17.8bCA$1.6b13.2x20.2x1.9x
Fri, 10 Feb 2023CA$34.5bCA$18.0bCA$2.0b10.4x16.8x1.9x
Price to Earnings Ratio

16.8x


Total Market Cap: CA$34.5bTotal Earnings: CA$2.0bTotal Revenue: CA$18.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -61x202420252026
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 104x which is higher than its 3-year average PE of -61.0x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 5.4x.
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 Market-2.83%
Materials-10.31%
Metals and Mining-11.09%
Copper-3.06%
Steel2.69%
Aluminum0%0
Diversified Metals and Mining-6.51%
Precious Metals and Minerals-11.15%
Gold-12.58%
Silver-20.53%
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
ERO Ero CopperCA$46.741.9%
+CA$92.5m		140.8%PE25.8x
CS Capstone CopperCA$15.680.7%
+CA$84.0m		94.8%PE28.1x
ATMY Antimony ResourcesCA$0.9229.6%
+CA$51.1m		534.5%n/a
KRY Koryx CopperCA$2.8012.2%
+CA$38.0m		139.3%PB19.9x
MARI Marimaca CopperCA$12.011.4%
+CA$20.3m		133.7%PB5.8x

Latest News

OCO
CA$0.69
Oroco Resource
7D
7.8%
1Y
137.9%
MARI
CA$12.01
Marimaca Copper
7D
1.4%
1Y
133.7%
ERO
CA$46.74
Ero Copper
7D
1.9%
1Y
140.8%

Ramp Up At Tucumã And Mechanization At Xavantina Will Reshape Long Term Outlook

Catalysts About Ero Copper Ero Copper is a base and precious metals producer with copper operations at Caraíba and Tucumã and a gold operation at Xavantina, all in Brazil. What are the underlying business or industry changes driving this perspective?
FM
CA$39.19
First Quantum Minerals
7D
-5.4%
1Y
121.7%

Cobre Panamá Uncertainty And Rising Zambian Costs Will Pressure Margins And Future Cash Flows

Catalysts About First Quantum Minerals First Quantum Minerals is a global mining company focused on producing copper, nickel and gold from operations in Zambia, Panama, Turkey, Finland and other jurisdictions. What are the underlying business or industry changes driving this perspective?
CS
CA$15.68
Capstone Copper
7D
0.7%
1Y
94.8%
LUN
CA$34.54
Lundin Mining
7D
-2.1%
1Y
210.6%
ATMY
CA$0.92
Antimony Resources
7D
29.6%
1Y
534.5%
VCU
CA$2.15
Vizsla Copper
7D
8.0%
1Y
230.8%
CUU
CA$0.69
Copper Fox Metals
7D
-17.4%
1Y
187.5%
ALDE
CA$3.42
Aldebaran Resources
7D
-9.8%
1Y
98.3%
KRY
CA$2.80
Koryx Copper
7D
12.2%
1Y
139.3%
FDY
CA$3.12
Faraday Copper
7D
-4.9%
1Y
345.7%
TKO
CA$10.55
Taseko Mines
7D
-1.8%
1Y
299.6%
III
CA$11.76
Imperial Metals
7D
-10.5%
1Y
532.3%
FMT
CA$6.55
Fuerte Metals
7D
-9.7%
1Y
619.8%
CCI
CA$0.73
Canadian Copper
7D
10.6%
1Y
386.7%