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Canadian (TSX) Copper Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies40
  • 7D3.0%
  • 3M42.4%
  • 1Y58.3%
  • YTDn/a

In the last week, the Copper industry is up 3.0%, with Lundin Mining up 10%. This means that the industry has gained 58% over the past year. Earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 21 Jan 2023CA$37.4bCA$17.9bCA$2.0b10.7x18.3x2.1x
Mon, 19 Dec 2022CA$32.7bCA$18.3bCA$2.1b9.6x15.6x1.8x
Wed, 16 Nov 2022CA$35.9bCA$17.8bCA$2.0b11.2x17.8x2x
Price to Earnings Ratio

17.8x


Total Market Cap: CA$35.9bTotal Earnings: CA$2.0bTotal Revenue: CA$17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -66.5x202320242025
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 68.6x which is higher than its 3-year average PE of -66.5x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 22% 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-0.68%
Materials0.048%
Metals and Mining-0.15%
Copper2.96%
Gold1.08%
Aluminum0%0
Steel-0.35%
Diversified Metals and Mining-4.83%
Precious Metals and Minerals-6.87%
Silver-7.64%
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$24.9110.4%
+CA$2.0b		79.3%PE71.7x
FM First Quantum MineralsCA$29.581.6%
+CA$380.9m		55.0%PE379.5x
ERO Ero CopperCA$30.301.2%
+CA$45.0m		25.6%PE16.3x
FMT Fuerte MetalsCA$3.5011.8%
+CA$44.7m		257.1%PB48.1x
III Imperial MetalsCA$6.961.6%
+CA$19.6m		223.7%PE6.8x

Latest News

LUN
CA$24.91
Lundin Mining
7D
10.4%
1Y
79.3%
TKO
CA$6.17
Taseko Mines
7D
-2.8%
1Y
85.3%
MARI
CA$10.75
Marimaca Copper
7D
-1.5%
1Y
138.4%
ERO
CA$30.30
Ero Copper
7D
1.2%
1Y
25.6%
III
CA$6.96
Imperial Metals
7D
1.6%
1Y
223.7%
CS
CA$12.18
Capstone Copper
7D
-2.7%
1Y
17.7%

CS: Higher Metals Prices Will Drive Share Upside After Recent Project Milestones

Capstone Copper’s analyst price target has increased from C$13.72 to C$15.01. Analysts cite recent sector price target revisions and an improved outlook amid rising metals prices as the main drivers for the upward adjustment.
TM
CA$0.25
Trigon Metals
7D
19.0%
1Y
-69.1%
KRY
CA$1.59
Koryx Copper
7D
-8.6%
1Y
50.0%
FMT
CA$3.50
Fuerte Metals
7D
11.8%
1Y
257.1%
ALDE
CA$3.60
Aldebaran Resources
7D
-5.3%
1Y
90.5%
FM
CA$29.58
First Quantum Minerals
7D
1.6%
1Y
55.0%
ASCU
CA$3.58
Arizona Sonoran Copper
7D
-9.4%
1Y
157.6%
FDY
CA$2.04
Faraday Copper
7D
-9.3%
1Y
112.5%
QQQ
CA$0.14
Questcorp Mining
7D
8.0%
1Y
125.0%
CUU
CA$0.38
Copper Fox Metals
7D
-7.3%
1Y
46.2%
ATCU
CA$0.83
Alta Copper
7D
3.8%
1Y
59.6%