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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies695
  • 7D9.2%
  • 3M42.9%
  • 1Y86.8%
  • YTDn/a

In the last week, the Diversified Metals and Mining industry is up 9.5%, with Ivanhoe Mines up 15%. In the same time, Entrée Resources was down 15%. In the last 12 months, the industry was up 87%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Canadian Diversified Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026CA$174.8bCA$17.9b-CA$330,700,844.3426.6x-528.5x9.8x
Sat, 27 Dec 2025CA$138.2bCA$18.0b-CA$308,879,869.6518.2x-447.5x7.7x
Mon, 24 Nov 2025CA$112.8bCA$18.3b-CA$138,108,320.8617.5x-817.1x6.2x
Wed, 22 Oct 2025CA$124.8bCA$17.5b-CA$1,243,168,814.9718.9x-100.4x7.1x
Fri, 19 Sep 2025CA$101.8bCA$17.4b-CA$1,269,297,552.9317.1x-80.2x5.8x
Sun, 17 Aug 2025CA$87.7bCA$17.3b-CA$1,309,827,544.9115.5x-66.9x5.1x
Tue, 15 Jul 2025CA$88.2bCA$16.7b-CA$1,539,297,545.8015.5x-57.3x5.3x
Thu, 12 Jun 2025CA$84.4bCA$16.6b-CA$1,358,344,940.0213.6x-62.1x5.1x
Sat, 10 May 2025CA$80.2bCA$17.0b-CA$1,362,500,855.2110.1x-58.8x4.7x
Mon, 07 Apr 2025CA$68.7bCA$16.2b-CA$2,248,857,315.7410.6x-30.5x4.2x
Wed, 05 Mar 2025CA$81.5bCA$16.3b-CA$2,172,268,751.469.2x-37.5x5x
Fri, 31 Jan 2025CA$87.9bCA$23.9b-CA$261,693,263.9811.1x-335.7x3.7x
Sun, 29 Dec 2024CA$92.6bCA$23.8b-CA$425,414,644.4212.4x-217.7x3.9x
Tue, 26 Nov 2024CA$98.9bCA$23.6b-CA$399,459,035.7011.7x-247.7x4.2x
Thu, 24 Oct 2024CA$103.7bCA$22.4b-CA$170,218,661.1017.3x-609.4x4.6x
Sat, 21 Sep 2024CA$96.7bCA$22.3b-CA$295,596,954.3614.2x-327.2x4.3x
Mon, 19 Aug 2024CA$93.4bCA$22.0b-CA$456,712,454.5314.6x-204.6x4.2x
Wed, 17 Jul 2024CA$99.5bCA$21.6b-CA$319,026,516.6111.8x-312x4.6x
Fri, 14 Jun 2024CA$92.9bCA$21.6b-CA$371,043,872.2514.1x-250.5x4.3x
Sun, 12 May 2024CA$99.5bCA$21.2b-CA$436,334,708.3517.1x-228x4.7x
Tue, 09 Apr 2024CA$90.7bCA$21.0bCA$769.9m20.7x117.8x4.3x
Thu, 07 Mar 2024CA$78.2bCA$21.0bCA$664.8m13.4x117.6x3.7x
Sat, 03 Feb 2024CA$88.4bCA$23.7bCA$899.8m11.8x98.2x3.7x
Mon, 01 Jan 2024CA$90.7bCA$23.6bCA$845.0m13.2x107.4x3.9x
Wed, 29 Nov 2023CA$82.3bCA$23.7bCA$789.1m11.8x104.3x3.5x
Fri, 27 Oct 2023CA$84.7bCA$23.5bCA$543.8m10.5x155.8x3.6x
Sun, 24 Sep 2023CA$89.4bCA$24.1bCA$1.1b10.2x79.5x3.7x
Tue, 22 Aug 2023CA$89.7bCA$24.1bCA$1.0b11.3x86x3.7x
Thu, 20 Jul 2023CA$96.6bCA$26.0bCA$2.6b11.2x37.7x3.7x
Sat, 17 Jun 2023CA$94.4bCA$26.0bCA$2.6b11.8x36.5x3.6x
Mon, 15 May 2023CA$95.6bCA$26.2bCA$2.8b11.3x34.5x3.6x
Wed, 12 Apr 2023CA$97.0bCA$27.1bCA$3.3b9.4x29.7x3.6x
Fri, 10 Mar 2023CA$91.6bCA$27.3bCA$3.2b7.4x28.4x3.4x
Sun, 05 Feb 2023CA$95.5bCA$29.8bCA$3.7b9.7x25.7x3.2x
Price to Earnings Ratio

25.7x


Total Market Cap: CA$95.5bTotal Earnings: CA$3.7bTotal Revenue: CA$29.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 220.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Diversified Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 24.7x is higher than the industry's current PS ratio of 9.5x.
Past Earnings Growth
  • Total earnings for the Diversified Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 16% per year, which is driving profits down.

Industry Comparison

How does Canadian Diversified Metals and Mining compare with similar industries?

CA Market1.18%
Materials7.88%
Metals and Mining8.61%
Diversified Metals and Mining9.18%
Precious Metals and Minerals15.96%
Silver13.43%
Gold8.83%
Copper3.20%
Aluminum0%0
Steel-0.33%
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
IVN Ivanhoe MinesCA$18.8114.7%
+CA$3.4b		18.6%PE64.6x
TECK.B Teck ResourcesCA$77.115.2%
+CA$1.9b		30.0%PE30.3x
HBM Hudbay MineralsCA$36.7010.4%
+CA$1.4b		207.9%PE23.2x
USA Americas Gold and SilverCA$12.5427.1%
+CA$1.0b		560.0%PS28.5x
NGEX NGEx MineralsCA$30.0511.9%
+CA$693.2m		128.9%PB49.6x

Latest News

CNL
CA$26.75
Collective Mining
7D
22.0%
1Y
269.5%
USA
CA$12.54
Americas Gold and Silver
7D
27.1%
1Y
560.0%
SHL
CA$0.39
Homeland Nickel
7D
-44.3%
1Y
1,200.0%
APXC
CA$2.60
Apex Critical Metals
7D
-21.2%
1Y
221.0%
AII
CA$16.46
Almonty Industries
7D
17.3%
1Y
764.0%
IVN
CA$18.81
Ivanhoe Mines
7D
14.7%
1Y
18.6%

IVN: Higher Metals Price Assumptions Will Support Major Copper Production Ramp

Analysts have lifted their price targets on Ivanhoe Mines by roughly C$3 to reflect updated fair value estimates of about $22.86 versus $20.66 previously, citing refreshed metals price forecasts and a mixed macro backdrop, with softer Chinese demand but potential offset from recovering demand in the U.S. and Europe. Analyst Commentary Bullish analysts are framing the recent price target moves as a reset of fair value that better reflects updated metals price assumptions and Ivanhoe Mines' project portfolio.
HBM
CA$36.70
Hudbay Minerals
7D
10.4%
1Y
207.9%

HBM: Future Returns Will Reflect Critical Status And Long Dated Copper Execution Risks

Hudbay Minerals' analyst price targets have moved higher, with the fair value estimate rising by about $5 to $32.92, as analysts factor in updated growth and profitability assumptions, alongside a series of recent Buy ratings and target hikes from major firms. Analyst Commentary Recent Street research on Hudbay Minerals has centered on refreshed models, higher price targets in both Canadian dollars and U.S. dollars, and new or resumed positive coverage.
NCX
CA$2.82
NorthIsle Copper and Gold
7D
-8.7%
1Y
519.8%
TECK.B
CA$77.11
Teck Resources
7D
5.2%
1Y
30.0%
BRC
CA$1.52
Blackrock Silver
7D
-7.3%
1Y
360.6%
ETG
CA$2.78
Entrée Resources
7D
-14.7%
1Y
12.6%
CNC
CA$2.13
Canada Nickel
7D
-8.2%
1Y
156.6%
NGEX
CA$30.05
NGEx Minerals
7D
11.9%
1Y
128.9%
DMX
CA$1.05
District Metals
7D
-19.2%
1Y
169.2%
FOM
CA$7.07
Foran Mining
7D
12.6%
1Y
84.1%
LAR
CA$10.86
Lithium Argentina
7D
-3.4%
1Y
185.8%