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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies696
  • 7D-4.8%
  • 3M27.2%
  • 1Y13.0%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 4.8%, driven by declines in Ivanhoe Mines and Teck Resources of 7.4% and 4.3%, respectively. On the other hand Solaris Resources is actually up 6.6%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Nov 2025CA$115.0bCA$18.3b-CA$312,754,137.3617.7x-367.6x6.3x
Tue, 07 Oct 2025CA$118.1bCA$17.5b-CA$1,235,611,869.5720.4x-95.6x6.8x
Thu, 04 Sep 2025CA$92.8bCA$17.4b-CA$1,270,882,009.3616.2x-73x5.3x
Sat, 02 Aug 2025CA$82.5bCA$17.0b-CA$1,216,002,401.4117.8x-67.9x4.8x
Mon, 30 Jun 2025CA$85.6bCA$16.7b-CA$1,531,295,216.0713.3x-55.9x5.1x
Wed, 28 May 2025CA$80.2bCA$16.6b-CA$1,310,152,642.6212x-61.2x4.8x
Fri, 25 Apr 2025CA$78.6bCA$16.1b-CA$2,316,927,396.9310.4x-33.9x4.9x
Sun, 23 Mar 2025CA$88.2bCA$16.3b-CA$1,976,917,047.1611.4x-44.6x5.4x
Tue, 18 Feb 2025CA$92.6bCA$23.8b-CA$205,348,142.9410.3x-450.7x3.9x
Thu, 16 Jan 2025CA$94.2bCA$23.8b-CA$381,653,016.0213.4x-246.9x4x
Sat, 14 Dec 2024CA$96.9bCA$23.7b-CA$438,188,557.5313.6x-221.1x4.1x
Mon, 11 Nov 2024CA$100.0bCA$23.7b-CA$319,848,085.3712.4x-312.6x4.2x
Wed, 09 Oct 2024CA$102.2bCA$22.4b-CA$83,597,646.9317.9x-1222.1x4.6x
Fri, 06 Sep 2024CA$88.4bCA$22.3b-CA$306,497,462.2415.8x-288.5x4x
Sun, 04 Aug 2024CA$88.9bCA$22.0b-CA$436,717,354.3713.8x-203.5x4x
Tue, 02 Jul 2024CA$93.0bCA$21.6b-CA$358,518,886.0114.6x-259.4x4.3x
Thu, 30 May 2024CA$103.4bCA$21.6b-CA$444,089,359.3718.8x-232.8x4.8x
Sat, 27 Apr 2024CA$99.2bCA$21.3b-CA$405,542.2818.5x-244543.3x4.7x
Mon, 25 Mar 2024CA$85.6bCA$21.0bCA$718.2m13.3x119.2x4.1x
Wed, 21 Feb 2024CA$76.3bCA$19.7bCA$371.3m12.4x205.5x3.9x
Fri, 19 Jan 2024CA$86.2bCA$23.7bCA$887.2m12.2x97.2x3.6x
Sun, 17 Dec 2023CA$89.1bCA$23.6bCA$841.4m12.7x105.9x3.8x
Tue, 14 Nov 2023CA$81.6bCA$23.7bCA$724.6m11.9x112.6x3.4x
Thu, 12 Oct 2023CA$88.9bCA$24.1bCA$1.1b10.2x83.8x3.7x
Sat, 09 Sep 2023CA$91.7bCA$24.1bCA$1.2b10.5x79.4x3.8x
Mon, 07 Aug 2023CA$96.7bCA$24.4bCA$1.1b11.9x85.4x4x
Wed, 05 Jul 2023CA$96.5bCA$26.1bCA$2.6b11x37.7x3.7x
Fri, 02 Jun 2023CA$91.0bCA$26.1bCA$2.7b10x33.8x3.5x
Sun, 30 Apr 2023CA$98.7bCA$26.3bCA$2.9b11.3x34.4x3.8x
Tue, 28 Mar 2023CA$88.3bCA$27.1bCA$3.2b8.2x27.8x3.3x
Thu, 23 Feb 2023CA$93.9bCA$27.3bCA$3.3b8.9x28.9x3.4x
Sat, 21 Jan 2023CA$94.3bCA$29.8bCA$3.8b8.7x25.1x3.2x
Mon, 19 Dec 2022CA$86.9bCA$29.9bCA$3.7b6.8x23.3x2.9x
Wed, 16 Nov 2022CA$83.0bCA$29.6bCA$3.8b7.2x22.1x2.8x
Price to Earnings Ratio

22.1x


Total Market Cap: CA$83.0bTotal Earnings: CA$3.8bTotal Revenue: CA$29.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 254.7x202320242025
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 24.4x is higher than the industry's current PS ratio of 6.3x.
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 15% per year, which is driving profits down.

Industry Comparison

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

CA Market-0.68%
Materials0.048%
Metals and Mining-0.15%
Diversified Metals and Mining-4.83%
Copper2.96%
Gold1.08%
Aluminum0%0
Steel-0.35%
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
SLS Solaris ResourcesCA$9.856.6%
+CA$101.1m		196.7%PE-17.5x
HBM Hudbay MineralsCA$22.640.7%
+CA$63.3m		74.3%PE22.1x
ABRA AbraSilver ResourceCA$6.945.6%
+CA$59.0m		149.6%PB17.3x
NGEX NGEx MineralsCA$23.081.0%
+CA$49.5m		98.3%PB34.4x
FOM Foran MiningCA$3.821.9%
+CA$37.8m		-13.2%PB1.9x

Latest News

ARA
CA$2.52
Aclara Resources
7D
-20.8%
1Y
486.0%
HBM
CA$22.64
Hudbay Minerals
7D
0.7%
1Y
74.3%

HBM: Future Performance Will Depend On Commodity Prices And Project Execution

Hudbay Minerals' analyst price target has been raised from approximately $24.31 to $25.13. Analysts cite stronger commodity price forecasts and improved growth expectations as key drivers of the upward revision.
SLS
CA$9.85
Solaris Resources
7D
6.6%
1Y
196.7%
ABRA
CA$6.94
AbraSilver Resource
7D
5.6%
1Y
149.6%
MMA
CA$1.43
Midnight Sun Mining
7D
9.2%
1Y
210.9%
IVN
CA$12.99
Ivanhoe Mines
7D
-7.4%
1Y
-30.1%
TECK.B
CA$57.60
Teck Resources
7D
-4.3%
1Y
-15.0%

TECK.B: Merger Activity And Copper Prices Will Shape Future Risk And Reward

Teck Resources' fair value estimate has increased modestly by $1.17 to $62.94 as analysts weighed recent mixed price target revisions along with ongoing recalibration of future copper prices and profit margin forecasts. Analyst Commentary Recent commentary from street analysts reflects a mix of optimism and caution toward Teck Resources, with target price revisions and ratings signaling shifting expectations amid evolving sector dynamics.
SLI
CA$4.67
Standard Lithium
7D
-11.9%
1Y
57.2%
CNL
CA$14.80
Collective Mining
7D
-7.5%
1Y
184.6%
NGEX
CA$23.08
NGEx Minerals
7D
1.0%
1Y
98.3%
FOM
CA$3.82
Foran Mining
7D
1.9%
1Y
-13.2%
GQC
CA$1.57
Goldquest Mining
7D
-16.0%
1Y
726.3%
LAC
CA$6.84
Lithium Americas
7D
-11.5%
1Y
24.8%
TLO
CA$0.40
Talon Metals
7D
3.9%
1Y
338.9%

We're Not Very Worried About Talon Metals' (TSE:TLO) Cash Burn Rate

Sep 30
We're Not Very Worried About Talon Metals' (TSE:TLO) Cash Burn Rate
HLND
CA$4.25
Highland Critical Minerals
7D
26.9%
1Y
n/a
NDM
CA$2.45
Northern Dynasty Minerals
7D
-13.7%
1Y
255.1%

Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?

Jul 20
Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?