Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Copper Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies41
  • 7D14.8%
  • 3M42.4%
  • 1Y172.1%
  • YTDn/a

The Copper industry is up 14% in the last week, with Lundin Mining up 21%. Meanwhile, Leviathan Metals actually underperformed within the industry, shrinking 6.8% in the last week. This means that the industry has gained 170% over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026CA$101.0bCA$17.7bCA$1.9b25.3x51.9x5.7x
Sun, 25 Jan 2026CA$92.7bCA$17.0bCA$897.3m26.2x103.3x5.5x
Tue, 23 Dec 2025CA$77.6bCA$17.1bCA$902.3m22.1x86x4.5x
Thu, 20 Nov 2025CA$64.9bCA$17.4bCA$926.5m19.9x70.1x3.7x
Sat, 18 Oct 2025CA$64.4bCA$16.7bCA$784.4m80x82.1x3.9x
Mon, 15 Sep 2025CA$52.1bCA$16.5bCA$775.2m66.4x67.2x3.2x
Wed, 13 Aug 2025CA$46.1bCA$16.5bCA$763.8m64.5x60.3x2.8x
Fri, 11 Jul 2025CA$44.9bCA$16.0bCA$406.4m67.8x110.6x2.8x
Sun, 08 Jun 2025CA$42.6bCA$16.0bCA$407.6m67.4x104.5x2.7x
Tue, 06 May 2025CA$35.7bCA$15.8bCA$113.6m44.9x314.4x2.3x
Thu, 03 Apr 2025CA$38.1bCA$15.9b-CA$17,565,975.5148.9x-2167.3x2.4x
Sat, 01 Mar 2025CA$36.3bCA$15.9bCA$72.4m61.2x501.5x2.3x
Mon, 27 Jan 2025CA$37.8bCA$16.7b-CA$1,806,726,982.1727.3x-20.9x2.3x
Wed, 25 Dec 2024CA$36.9bCA$16.7b-CA$1,804,623,359.9524.3x-20.5x2.2x
Fri, 22 Nov 2024CA$39.2bCA$16.3b-CA$1,754,474,745.8533.8x-22.3x2.4x
Sun, 20 Oct 2024CA$40.0bCA$16.8b-CA$1,733,834,821.1242.7x-23.1x2.4x
Tue, 17 Sep 2024CA$36.0bCA$16.5b-CA$1,703,552,070.3830.6x-21.2x2.2x
Thu, 15 Aug 2024CA$34.7bCA$16.7b-CA$1,750,382,830.7241.3x-19.8x2.1x
Sat, 13 Jul 2024CA$40.9bCA$16.3b-CA$1,663,374,828.0438.3x-24.6x2.5x
Mon, 10 Jun 2024CA$38.2bCA$16.5b-CA$1,669,959,874.1132.9x-22.9x2.3x
Wed, 08 May 2024CA$41.4bCA$16.4b-CA$1,642,813,448.5623.2x-25.2x2.5x
Fri, 05 Apr 2024CA$35.9bCA$16.6b-CA$1,121,124,425.3717x-32x2.2x
Sun, 03 Mar 2024CA$28.7bCA$16.6b-CA$1,209,262,555.1224.4x-23.7x1.7x
Tue, 30 Jan 2024CA$26.9bCA$17.2bCA$980.7m19.4x27.4x1.6x
Thu, 28 Dec 2023CA$26.0bCA$17.0bCA$964.1m19.1x27x1.5x
Sat, 25 Nov 2023CA$24.7bCA$17.5bCA$996.0m15.9x24.8x1.4x
Mon, 23 Oct 2023CA$34.9bCA$16.5bCA$843.1m15.3x41.3x2.1x
Wed, 20 Sep 2023CA$39.6bCA$16.2bCA$823.4m19.3x48.1x2.4x
Fri, 18 Aug 2023CA$40.1bCA$16.3bCA$810.8m23x49.5x2.5x
Sun, 16 Jul 2023CA$42.3bCA$16.3bCA$695.2m28x60.8x2.6x
Tue, 13 Jun 2023CA$36.9bCA$16.5bCA$704.6m24.4x52.4x2.2x
Thu, 11 May 2023CA$40.7bCA$16.5bCA$721.4m25.3x56.4x2.5x
Sat, 08 Apr 2023CA$38.0bCA$17.6bCA$1.5b15.5x24.5x2.2x
Mon, 06 Mar 2023CA$38.7bCA$17.8bCA$1.7b12.4x23x2.2x
Price to Earnings Ratio

23x


Total Market Cap: CA$38.7bTotal Earnings: CA$1.7bTotal Revenue: CA$17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -59.3x202420252026
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 52.1x which is higher than its 3-year average PE of -59.3x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have grown 4.9% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Canadian Copper compare with similar industries?

CA Market2.71%
Materials9.20%
Metals and Mining10.06%
Copper14.83%
Silver20.03%
Precious Metals and Minerals9.83%
Gold9.37%
Diversified Metals and Mining8.18%
Steel0.85%
Aluminum0%0
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$43.3121.5%
+CA$6.5b		274.7%PE25.8x
FM First Quantum MineralsCA$41.3513.6%
+CA$4.1b		127.8%PS4.8x
ERO Ero CopperCA$47.0515.8%
+CA$665.9m		171.7%PE25.9x
FDY Faraday CopperCA$5.3958.1%
+CA$503.9m		565.4%PB20.9x
TKO Taseko MinesCA$11.6610.8%
+CA$415.6m		284.8%PS6.3x

Latest News

CUPR
CA$0.88
Super Copper
7D
-2.2%
1Y
100.0%
ERO
CA$47.05
Ero Copper
7D
15.8%
1Y
171.7%
REDC
CA$0.21
Red Canyon Resources
7D
-6.5%
1Y
38.7%
LUN
CA$43.31
Lundin Mining
7D
21.5%
1Y
274.7%
TKO
CA$11.66
Taseko Mines
7D
10.8%
1Y
284.8%
FDY
CA$5.39
Faraday Copper
7D
58.1%
1Y
565.4%
FM
CA$41.35
First Quantum Minerals
7D
13.6%
1Y
127.8%
LVX
CA$0.69
Leviathan Metals
7D
-6.8%
1Y
626.3%
CGM
CA$0.40
Canadian Goldfields Discovery
7D
-1.2%
1Y
n/a
CS
CA$14.12
Capstone Copper
7D
2.7%
1Y
70.3%

CS: Future Production And Cost Improvements Will Support Share Outperformance

Our fair value estimate for Capstone Copper has risen from CA$15.42 to CA$17.16, reflecting analysts' recent adjustments to price targets and updated views on the timing of production and cost improvements. Analyst Commentary Recent Street research on Capstone Copper shows a mix of optimism about long term growth potential and caution around execution timing, which helps explain the shift in fair value estimates and price targets.
ALDE
CA$3.50
Aldebaran Resources
7D
13.6%
1Y
88.2%
AVE
CA$0.18
Aventis Energy
7D
-15.9%
1Y
54.2%
FMT
CA$9.74
Fuerte Metals
7D
15.3%
1Y
970.3%
ATCU
CA$1.35
Alta Copper
7D
-1.5%
1Y
214.0%