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Canadian (TSX) Copper Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies41
  • 7D8.7%
  • 3M43.6%
  • 1Y176.1%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 8.7%, driven by gains from First Quantum Minerals of 4.9%. This means that the industry has gained 176% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026CA$102.0bCA$17.7bCA$1.9b25.4x52.6x5.8x
Fri, 30 Jan 2026CA$97.1bCA$16.8bCA$867.7m29.5x111.9x5.8x
Sun, 28 Dec 2025CA$80.5bCA$17.0bCA$890.1m22.6x90.4x4.7x
Tue, 25 Nov 2025CA$64.6bCA$17.5bCA$929.4m20.5x69.6x3.7x
Thu, 23 Oct 2025CA$60.9bCA$16.7bCA$789.5m80.1x77.2x3.7x
Sat, 20 Sep 2025CA$52.0bCA$16.5bCA$772.0m68.5x67.3x3.2x
Mon, 18 Aug 2025CA$47.5bCA$16.5bCA$762.1m63.6x62.4x2.9x
Wed, 16 Jul 2025CA$44.3bCA$16.0bCA$408.3m65.8x108.6x2.8x
Fri, 13 Jun 2025CA$41.9bCA$15.9bCA$404.8m66.6x103.5x2.6x
Sun, 11 May 2025CA$36.7bCA$16.2bCA$360.1m66.7x102x2.3x
Tue, 08 Apr 2025CA$30.2bCA$15.8b-CA$14,230,049.9336.4x-2120.5x1.9x
Thu, 06 Mar 2025CA$34.6bCA$15.8bCA$55.5m62.2x622.9x2.2x
Sat, 01 Feb 2025CA$37.3bCA$16.9b-CA$1,831,624,390.2524.9x-20.4x2.2x
Mon, 30 Dec 2024CA$37.0bCA$16.7b-CA$1,811,211,828.0424.5x-20.4x2.2x
Wed, 27 Nov 2024CA$39.4bCA$16.4b-CA$1,767,306,010.5633.5x-22.3x2.4x
Fri, 25 Oct 2024CA$39.7bCA$15.8b-CA$2,039,773,215.0844.5x-19.4x2.5x
Sun, 22 Sep 2024CA$38.0bCA$16.5b-CA$1,702,676,024.8739.7x-22.3x2.3x
Tue, 20 Aug 2024CA$36.3bCA$16.6b-CA$1,740,840,715.7443.8x-20.9x2.2x
Thu, 18 Jul 2024CA$39.8bCA$16.4b-CA$1,670,345,715.5734.7x-23.9x2.4x
Sat, 15 Jun 2024CA$37.3bCA$16.4b-CA$1,675,185,974.8134x-22.3x2.3x
Mon, 13 May 2024CA$41.5bCA$16.4b-CA$1,654,069,843.5736x-25.1x2.5x
Wed, 10 Apr 2024CA$37.5bCA$16.7b-CA$1,122,736,091.1518.1x-33.4x2.3x
Fri, 08 Mar 2024CA$29.9bCA$16.4b-CA$1,208,238,672.0825.2x-24.8x1.8x
Sun, 04 Feb 2024CA$26.5bCA$17.3bCA$984.8m19.3x26.9x1.5x
Tue, 02 Jan 2024CA$25.2bCA$17.0bCA$967.6m19.2x26.1x1.5x
Thu, 30 Nov 2023CA$24.1bCA$17.4bCA$988.8m15.7x24.3x1.4x
Sat, 28 Oct 2023CA$33.5bCA$17.1bCA$1.1b15.3x29.2x2x
Mon, 25 Sep 2023CA$38.3bCA$16.3bCA$826.3m18.5x46.4x2.4x
Wed, 23 Aug 2023CA$40.3bCA$16.4bCA$817.8m24.2x49.3x2.5x
Fri, 21 Jul 2023CA$42.9bCA$16.2bCA$691.5m28.2x62x2.6x
Sun, 18 Jun 2023CA$40.7bCA$16.3bCA$693.5m27x58.7x2.5x
Tue, 16 May 2023CA$39.9bCA$16.6bCA$695.5m24.8x57.4x2.4x
Thu, 13 Apr 2023CA$39.5bCA$17.5bCA$1.5b16.1x25.7x2.3x
Sat, 11 Mar 2023CA$33.5bCA$18.0bCA$1.7b13x20.1x1.9x
Price to Earnings Ratio

20.1x


Total Market Cap: CA$33.5bTotal Earnings: CA$1.7bTotal Revenue: CA$18.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average -59.1x202420252026
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 52.6x which is higher than its 3-year average PE of -59.1x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have grown 5.3% 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 Market1.82%
Materials8.55%
Metals and Mining9.01%
Copper8.71%
Silver13.91%
Gold9.23%
Precious Metals and Minerals7.27%
Diversified Metals and Mining7.16%
Aluminum0%0
Steel-1.58%
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
ASCU Arizona Sonoran CopperCA$8.2216.9%
+CA$248.3m		367.0%PB7.9x
MARI Marimaca CopperCA$10.191.2%
+CA$153.6m		90.5%PB5.5x
FMT Fuerte MetalsCA$10.6512.1%
+CA$146.4m		1,070.3%PB177.5x
FDY Faraday CopperCA$5.2210.6%
+CA$127.3m		552.5%PB20.2x
CUU Copper Fox MetalsCA$0.7814.7%
+CA$58.4m		218.4%PB5.3x

Latest News

CUU
CA$0.78
Copper Fox Metals
7D
14.7%
1Y
218.4%
ALDE
CA$3.14
Aldebaran Resources
7D
-4.0%
1Y
78.4%
ASCU
CA$8.22
Arizona Sonoran Copper
7D
16.9%
1Y
367.0%
LUN
CA$38.72
Lundin Mining
7D
-12.8%
1Y
240.8%
SURG
CA$0.71
Surge Copper
7D
9.2%
1Y
610.0%
MARI
CA$10.19
Marimaca Copper
7D
1.2%
1Y
90.5%
ERO
CA$42.06
Ero Copper
7D
-8.4%
1Y
152.5%
GLAD
CA$1.51
Gladiator Metals
7D
31.3%
1Y
221.3%
TKO
CA$10.99
Taseko Mines
7D
-4.6%
1Y
272.5%
FDY
CA$5.22
Faraday Copper
7D
10.6%
1Y
552.5%
FM
CA$36.68
First Quantum Minerals
7D
-8.8%
1Y
117.2%
CS
CA$12.29
Capstone Copper
7D
-13.1%
1Y
57.6%

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.
VCU
CA$1.48
Vizsla Copper
7D
-10.8%
1Y
127.7%
III
CA$9.49
Imperial Metals
7D
-7.6%
1Y
318.1%
ECU
CA$1.27
Element 29 Resources
7D
15.5%
1Y
164.6%
FMT
CA$10.65
Fuerte Metals
7D
12.1%
1Y
1,070.3%