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Canadian (TSX) Copper Industry Analysis

UpdatedDec 22, 2025
DataAggregated Company Financials
Companies41
  • 7D2.7%
  • 3M39.7%
  • 1Y98.7%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 2.7%, driven by gains from First Quantum Minerals of 3.8%. In the same time, Aldebaran Resources was down 13%. This takes the industry's 12 month performance to a gain of 99%. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Dec 2025CA$77.6bCA$17.1bCA$905.4m21.6x85.7x4.5x
Wed, 19 Nov 2025CA$66.6bCA$17.3bCA$921.7m19.7x72.3x3.8x
Fri, 17 Oct 2025CA$67.1bCA$16.8bCA$786.6m82.5x85.3x4x
Sun, 14 Sep 2025CA$52.1bCA$16.5bCA$775.2m66.4x67.2x3.2x
Tue, 12 Aug 2025CA$47.4bCA$16.5bCA$764.1m62.6x62.1x2.9x
Thu, 10 Jul 2025CA$46.2bCA$16.0bCA$407.1m66.9x113.4x2.9x
Sat, 07 Jun 2025CA$42.4bCA$16.0bCA$407.6m67.4x104x2.6x
Mon, 05 May 2025CA$35.7bCA$15.8bCA$113.5m45.4x314.5x2.3x
Wed, 02 Apr 2025CA$37.0bCA$15.8b-CA$3,595,712.3348.8x-10283.2x2.3x
Fri, 28 Feb 2025CA$36.6bCA$15.9bCA$49.8m72.8x734.1x2.3x
Sun, 26 Jan 2025CA$37.8bCA$16.7b-CA$1,806,726,982.1727.3x-20.9x2.3x
Tue, 24 Dec 2024CA$36.7bCA$16.7b-CA$1,802,888,583.0024.5x-20.3x2.2x
Thu, 21 Nov 2024CA$39.2bCA$16.3b-CA$1,756,066,312.4234x-22.3x2.4x
Sat, 19 Oct 2024CA$38.9bCA$16.8b-CA$1,733,833,126.1842.7x-22.4x2.3x
Mon, 16 Sep 2024CA$36.0bCA$16.5b-CA$1,706,065,791.6431x-21.1x2.2x
Wed, 14 Aug 2024CA$34.7bCA$16.7b-CA$1,749,631,369.3341.6x-19.9x2.1x
Fri, 12 Jul 2024CA$41.3bCA$16.3b-CA$1,663,532,069.6936.8x-24.8x2.5x
Sun, 09 Jun 2024CA$38.2bCA$16.5b-CA$1,669,959,874.1132.9x-22.9x2.3x
Tue, 07 May 2024CA$41.2bCA$16.3b-CA$1,635,840,444.1323.5x-25.2x2.5x
Thu, 04 Apr 2024CA$35.4bCA$16.6b-CA$1,119,529,705.8517.3x-31.7x2.1x
Sat, 02 Mar 2024CA$28.6bCA$16.6b-CA$1,207,982,283.1224.4x-23.7x1.7x
Mon, 29 Jan 2024CA$26.9bCA$17.2bCA$983.5m19.1x27.3x1.6x
Wed, 27 Dec 2023CA$25.7bCA$17.0bCA$968.1m19.2x26.5x1.5x
Fri, 24 Nov 2023CA$24.8bCA$17.5bCA$1.0b15.9x24.7x1.4x
Sun, 22 Oct 2023CA$34.9bCA$16.5bCA$843.1m15.3x41.3x2.1x
Tue, 19 Sep 2023CA$41.6bCA$16.3bCA$827.0m19.8x50.3x2.6x
Thu, 17 Aug 2023CA$40.1bCA$16.4bCA$811.2m23x49.4x2.5x
Sat, 15 Jul 2023CA$42.3bCA$16.3bCA$695.2m28x60.8x2.6x
Mon, 12 Jun 2023CA$37.1bCA$16.5bCA$703.4m24.1x52.7x2.3x
Wed, 10 May 2023CA$42.8bCA$16.5bCA$722.3m26.7x59.2x2.6x
Fri, 07 Apr 2023CA$38.0bCA$17.6bCA$1.5b15.5x24.6x2.2x
Sun, 05 Mar 2023CA$38.7bCA$17.8bCA$1.7b12.4x23x2.2x
Tue, 31 Jan 2023CA$37.5bCA$17.9bCA$2.0b10.9x18.4x2.1x
Thu, 29 Dec 2022CA$33.5bCA$18.2bCA$2.1b9.3x16.1x1.8x
Price to Earnings Ratio

16.1x


Total Market Cap: CA$33.5bTotal Earnings: CA$2.1bTotal Revenue: CA$18.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -64.1x202320242025
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 85.7x which is higher than its 3-year average PE of -64.1x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 24% 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 Market0.36%
Materials2.73%
Metals and Mining2.95%
Copper2.71%
Precious Metals and Minerals3.79%
Diversified Metals and Mining3.74%
Gold2.90%
Silver1.32%
Steel0.66%
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
FM First Quantum MineralsCA$35.173.8%
+CA$1.1b		84.6%PE458.8x
LUN Lundin MiningCA$28.302.0%
+CA$479.2m		126.9%PE82.8x
ERO Ero CopperCA$36.224.5%
+CA$163.1m		88.5%PE19.8x
III Imperial MetalsCA$9.049.3%
+CA$137.1m		407.9%PE8.8x
FMT Fuerte MetalsCA$5.2020.9%
+CA$111.4m		519.0%PB84.2x

Latest News

ALDE
CA$3.20
Aldebaran Resources
7D
-11.4%
1Y
64.1%
LUN
CA$28.30
Lundin Mining
7D
2.0%
1Y
126.9%

LUN: Future Returns Will Weigh Metal Price Cycles Against Legal Overhang Risks

The analyst price target for Lundin Mining has been raised from approximately $24.55 to about $27.52, as analysts factor in stronger expected revenue growth and improved profit margins despite a mixed macro backdrop for metals and mining. Analyst Commentary Analyst sentiment toward Lundin Mining remains broadly constructive, with a series of recent target price revisions reflecting both stronger company specific fundamentals and a still challenging macro backdrop for metals.
FMT
CA$5.20
Fuerte Metals
7D
20.9%
1Y
519.0%
CS
CA$13.19
Capstone Copper
7D
-1.5%
1Y
45.7%

Is Now The Time To Put Capstone Copper (TSE:CS) On Your Watchlist?

Dec 19
Is Now The Time To Put Capstone Copper (TSE:CS) On Your Watchlist?
TKO
CA$7.55
Taseko Mines
7D
1.3%
1Y
161.2%

TKO Risks Future Earnings Sustainability Despite Rising Media Rights Optimism

Analysts have raised their fair value estimate for Taseko Mines to $6.50 from $3.68, reflecting higher expected revenue growth that more than offsets a slightly higher discount rate and modestly lower projected margins and valuation multiples. Analyst Commentary While the higher fair value estimate signals a more constructive medium term outlook for Taseko Mines, recent Street commentary for comparable cyclical and resource exposed names underscores where risks may still reside for the stock.
ERO
CA$36.22
Ero Copper
7D
4.5%
1Y
88.5%

ERO: Gold Windfall And Critical Mineral Status Will Shape Balanced Outlook

We increase our fair value estimate for Ero Copper to approximately $37.43 per share from $35.80, reflecting analysts' higher price targets following upgraded ratings, improved long term revenue growth and margin expectations, and incremental upside from the recently identified gold windfall. Analyst Commentary Recent Street research reflects a more constructive stance on Ero Copper overall, but with a clear split between optimistic and cautious voices as the market digests the impact of stronger commodity price forecasts, the gold windfall, and project execution risks.
MARI
CA$10.95
Marimaca Copper
7D
-3.7%
1Y
129.6%
FDY
CA$2.57
Faraday Copper
7D
11.3%
1Y
233.8%
OCO
CA$0.34
Oroco Resource
7D
-2.1%
1Y
18.1%
FM
CA$35.17
First Quantum Minerals
7D
3.8%
1Y
84.6%
LVX
CA$0.45
Leviathan Metals
7D
-17.6%
1Y
790.0%
III
CA$9.04
Imperial Metals
7D
9.3%
1Y
407.9%
LEO
CA$0.20
Lion Copper and Gold
7D
-16.7%
1Y
185.7%
CCI
CA$0.38
Canadian Copper
7D
-6.3%
1Y
167.9%
ECU
CA$1.00
Element 29 Resources
7D
-2.0%
1Y
72.4%
CUU
CA$0.55
Copper Fox Metals
7D
44.7%
1Y
129.2%