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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies694
  • 7D-12.5%
  • 3M-4.0%
  • 1Y34.3%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 12%, driven by Teck Resources declining 8.4%. In contrast, Apex Critical Metals has gained 19%. In the past year, the industry has gained 34%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026CA$136.4bCA$18.8b-CA$291,569,955.8117.4x-467.8x7.3x
Tue, 17 Feb 2026CA$165.8bCA$18.0b-CA$327,538,383.5918.1x-506.3x9.2x
Thu, 15 Jan 2026CA$155.1bCA$18.1b-CA$325,295,271.5724.2x-476.8x8.6x
Sat, 13 Dec 2025CA$128.3bCA$18.0b-CA$340,848,514.9018.8x-376.3x7.1x
Mon, 10 Nov 2025CA$115.0bCA$18.3b-CA$307,412,912.4817.8x-374x6.3x
Wed, 08 Oct 2025CA$118.7bCA$17.5b-CA$1,235,042,086.1420.4x-96.1x6.8x
Fri, 05 Sep 2025CA$94.2bCA$17.4b-CA$1,269,443,787.2016.3x-74.2x5.4x
Sun, 03 Aug 2025CA$81.5bCA$17.0b-CA$1,202,263,228.7617x-67.8x4.8x
Tue, 01 Jul 2025CA$85.6bCA$16.7b-CA$1,556,361,853.6916.4x-55x5.1x
Thu, 29 May 2025CA$80.8bCA$16.7b-CA$1,309,009,664.0712.1x-61.7x4.9x
Sat, 26 Apr 2025CA$80.3bCA$16.8b-CA$1,633,798,163.1210.3x-49.1x4.8x
Mon, 24 Mar 2025CA$88.2bCA$16.3b-CA$1,976,917,047.1611.4x-44.6x5.4x
Wed, 19 Feb 2025CA$92.6bCA$23.8b-CA$234,670,316.2910.3x-394.5x3.9x
Fri, 17 Jan 2025CA$90.5bCA$23.8b-CA$242,797,217.1812.9x-372.7x3.8x
Sun, 15 Dec 2024CA$95.1bCA$23.7b-CA$440,845,510.8613.6x-215.8x4x
Tue, 12 Nov 2024CA$100.0bCA$23.7b-CA$321,649,936.5812.4x-310.8x4.2x
Thu, 10 Oct 2024CA$98.6bCA$22.4b-CA$116,093,182.2417.9x-849.1x4.4x
Sat, 07 Sep 2024CA$85.9bCA$22.3b-CA$319,333,667.1314.3x-269x3.8x
Mon, 05 Aug 2024CA$88.9bCA$21.9b-CA$432,245,257.2113.8x-205.6x4.1x
Wed, 03 Jul 2024CA$93.0bCA$21.5b-CA$364,020,397.6414.7x-255.4x4.3x
Fri, 31 May 2024CA$101.1bCA$21.5b-CA$444,455,361.8117.7x-227.5x4.7x
Sun, 28 Apr 2024CA$98.8bCA$21.3b-CA$7,588,449.6219.6x-13018x4.6x
Tue, 26 Mar 2024CA$85.6bCA$21.0bCA$714.1m13.2x119.9x4.1x
Thu, 22 Feb 2024CA$76.3bCA$19.7bCA$372.1m12.4x205.1x3.9x
Sat, 20 Jan 2024CA$86.2bCA$23.7bCA$887.5m12.2x97.1x3.6x
Mon, 18 Dec 2023CA$89.4bCA$23.6bCA$843.2m12.7x106x3.8x
Wed, 15 Nov 2023CA$81.6bCA$23.7bCA$766.5m11.9x106.4x3.4x
Fri, 13 Oct 2023CA$88.9bCA$24.1bCA$1.1b10.2x83.8x3.7x
Sun, 10 Sep 2023CA$91.2bCA$24.1bCA$1.2b10.5x79x3.8x
Tue, 08 Aug 2023CA$96.7bCA$24.4bCA$1.1b11.9x88x4x
Thu, 06 Jul 2023CA$95.3bCA$26.1bCA$2.6b11.3x37.2x3.7x
Sat, 03 Jun 2023CA$93.9bCA$26.1bCA$2.7b10.1x35.1x3.6x
Mon, 01 May 2023CA$98.7bCA$26.3bCA$2.9b11.3x34.4x3.8x
Wed, 29 Mar 2023CA$89.3bCA$27.1bCA$3.2b8.2x28.1x3.3x
Price to Earnings Ratio

28.1x


Total Market Cap: CA$89.3bTotal Earnings: CA$3.2bTotal Revenue: CA$27.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 185x202420252026
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 25.0x is higher than the industry's current PS ratio of 7.3x.
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 12% per year, which is driving profits down.

Industry Comparison

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

CA Market-3.75%
Materials-13.72%
Metals and Mining-14.45%
Diversified Metals and Mining-12.45%
Aluminum0%0
Steel-0.63%
Copper-13.19%
Gold-14.80%
Precious Metals and Minerals-16.94%
Silver-18.88%
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
APXC Apex Critical MetalsCA$2.4419.0%
+CA$32.4m		187.1%PB9.8x
HART Gold Hart CopperCA$0.3512.9%
+CA$30.3m		n/aPB13.5x
LA Los Andes CopperCA$12.895.7%
+CA$20.5m		106.2%PB4.6x
FOX Fox River ResourcesCA$0.9827.3%
+CA$16.7m		130.6%PB17.6x
TUNG American TungstenCA$2.30-14.5%
CA$13.7m		164.4%PB27.3x

Latest News

FOM
CA$5.05
Foran Mining
7D
-12.3%
1Y
27.2%
USA
CA$7.38
Americas Gold and Silver
7D
-26.9%
1Y
260.0%
IVN
CA$10.90
Ivanhoe Mines
7D
-12.4%
1Y
-25.9%

A case for Ivanhoe Mines Ltd hitting C$55 by 2031. If the S&P doesn't crash we could be seeing twice that figure!

Ivanhoe Mines Ltd. (TSX:IVN) Stock Analysis – March 2026 (as of latest 2025 AFS and Q4 updates) Ivanhoe is a Tier-1 copper/PGM/zinc developer-producer with world-class assets: Kamoa-Kakula (world’s highest-grade large-scale copper complex, DRC; Ivanhoe effective 39.6% via Zijin JV), Platreef (one of the world’s largest/lowest-cost PGM-Ni-Cu-Au-Rh mines, South Africa; Ivanhoe 64%), and Kipushi (ultra-high-grade zinc-copper-germanium, DRC; Ivanhoe ~62-68%).
NGEX
CA$22.09
NGEx Minerals
7D
-11.2%
1Y
59.8%
ABRA
CA$9.95
AbraSilver Resource
7D
-22.3%
1Y
190.9%
AII
CA$22.51
Almonty Industries
7D
-16.6%
1Y
552.5%
TUNG
CA$2.30
American Tungsten
7D
-14.5%
1Y
164.4%
HART
CA$0.35
Gold Hart Copper
7D
12.9%
1Y
n/a
TECK.B
CA$62.31
Teck Resources
7D
-8.4%
1Y
4.7%

TECK.B: Anglo Merger Synergies And Buybacks Will Shape Copper Future

The analyst price target for Teck Resources has moved higher to CA$80.82 from CA$75.62, reflecting analysts factoring in revised merger related assumptions, updated Q4 operating numbers, and potential revenue and cost synergies highlighted in recent research. Analyst Commentary Recent research around Teck Resources highlights a mix of optimism and caution, with price targets generally reset higher around the proposed merger with Anglo American and updated Q4 figures.
MSR
CA$0.65
Minsud Resources
7D
10.2%
1Y
-7.1%
HBM
CA$24.75
Hudbay Minerals
7D
-12.9%
1Y
112.1%

HBM: Copper Expansion Will Rely On Arizona Sonoran Acquisition Execution

Analysts have lifted their Hudbay Minerals fair value estimate from CA$37.95 to CA$40.67, as they refresh assumptions on margins, P/E and metal price forecasts, and factor in the Arizona Sonoran Copper acquisition alongside a range of recent target changes across the Street. Analyst Commentary Recent research on Hudbay Minerals clusters around two main themes: the Arizona Sonoran Copper acquisition and refreshed views on copper pricing, with both feeding directly into updated targets and ratings.
APXC
CA$2.44
Apex Critical Metals
7D
19.0%
1Y
187.1%
FOX
CA$0.98
Fox River Resources
7D
27.3%
1Y
130.6%
TICO
CA$0.84
Talent Infinity Resource Developments
7D
40.0%
1Y
n/a
NRED
CA$1.65
NovaRed Mining
7D
29.9%
1Y
2,540.0%
LA
CA$12.89
Los Andes Copper
7D
5.7%
1Y
106.2%

Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?

Jan 30
Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?