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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedFeb 11, 2026
DataAggregated Company Financials
Companies694
  • 7D-3.3%
  • 3M34.1%
  • 1Y69.9%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 4.5%, driven by gains from Benz Mining of 30%. In the same time, Ivanhoe Mines was down 5.3%. This means that the industry has gained 67% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Feb 2026CA$168.6bCA$17.9b-CA$323,587,918.1817.7x-521.1x9.4x
Fri, 09 Jan 2026CA$149.4bCA$18.0b-CA$322,418,818.5322.3x-463.3x8.3x
Sun, 07 Dec 2025CA$127.8bCA$18.0b-CA$289,486,223.0618.4x-441.5x7.1x
Tue, 04 Nov 2025CA$118.1bCA$18.2b-CA$245,868,051.9917.7x-480.3x6.5x
Thu, 02 Oct 2025CA$115.7bCA$17.5b-CA$1,252,402,502.6119.5x-92.4x6.6x
Sat, 30 Aug 2025CA$90.9bCA$17.3b-CA$1,287,552,501.2016.4x-70.6x5.2x
Mon, 28 Jul 2025CA$85.8bCA$16.9b-CA$1,277,985,284.7916.1x-67.1x5.1x
Wed, 25 Jun 2025CA$82.5bCA$16.7b-CA$1,530,438,280.1213.6x-53.9x4.9x
Fri, 23 May 2025CA$81.0bCA$17.1b-CA$1,270,813,619.9810.4x-63.7x4.7x
Sun, 20 Apr 2025CA$76.2bCA$16.0b-CA$2,342,200,763.4510.7x-32.5x4.8x
Tue, 18 Mar 2025CA$87.1bCA$16.3b-CA$2,111,117,601.3210.7x-41.2x5.4x
Thu, 13 Feb 2025CA$91.1bCA$23.8b-CA$235,022,049.8710.6x-387.6x3.8x
Sat, 11 Jan 2025CA$95.6bCA$23.8b-CA$433,541,837.1913x-220.6x4x
Mon, 09 Dec 2024CA$97.5bCA$23.7b-CA$442,350,082.3613.8x-220.4x4.1x
Wed, 06 Nov 2024CA$98.6bCA$23.5b-CA$335,138,648.7812.4x-294.1x4.2x
Fri, 04 Oct 2024CA$102.4bCA$22.3b-CA$90,202,420.7318.2x-1135.1x4.6x
Sun, 01 Sep 2024CA$94.3bCA$22.0b-CA$493,504,714.0917.1x-191.1x4.3x
Tue, 30 Jul 2024CA$94.1bCA$22.0b-CA$440,561,928.5216x-213.6x4.3x
Thu, 27 Jun 2024CA$91.6bCA$21.5b-CA$356,273,336.3915.8x-257x4.3x
Sat, 25 May 2024CA$99.1bCA$21.5b-CA$488,719,353.8918.1x-202.7x4.6x
Mon, 22 Apr 2024CA$94.9bCA$21.1bCA$808.8m18.5x117.4x4.5x
Wed, 20 Mar 2024CA$84.9bCA$21.0bCA$719.7m13.1x118x4.1x
Fri, 16 Feb 2024CA$75.5bCA$19.6bCA$369.4m12.1x204.5x3.8x
Sun, 14 Jan 2024CA$88.6bCA$23.6bCA$886.8m12.2x99.9x3.7x
Tue, 12 Dec 2023CA$85.1bCA$23.7bCA$853.0m12.6x99.7x3.6x
Thu, 09 Nov 2023CA$82.0bCA$23.5bCA$671.9m11.8x122.1x3.5x
Sat, 07 Oct 2023CA$92.3bCA$24.1bCA$1.1b10.2x85.5x3.8x
Mon, 04 Sep 2023CA$94.3bCA$24.1bCA$1.2b11.2x81.4x3.9x
Wed, 02 Aug 2023CA$98.8bCA$24.3bCA$1.4b11.9x71.2x4.1x
Fri, 30 Jun 2023CA$93.9bCA$26.1bCA$2.6b10x36.8x3.6x
Sun, 28 May 2023CA$90.0bCA$26.2bCA$2.7b13.7x33.3x3.4x
Tue, 25 Apr 2023CA$98.3bCA$27.1bCA$3.2b8.4x30.3x3.6x
Thu, 23 Mar 2023CA$87.8bCA$27.2bCA$3.2b7.4x27.6x3.2x
Sat, 18 Feb 2023CA$96.4bCA$29.8bCA$3.7b9.4x25.9x3.2x
Price to Earnings Ratio

25.9x


Total Market Cap: CA$96.4bTotal 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 214.4x202420252026
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 24.8x is higher than the industry's current PS ratio of 9.0x.
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 Market2.10%
Materials1.56%
Metals and Mining1.53%
Diversified Metals and Mining-3.25%
Silver4.05%
Gold3.78%
Steel1.34%
Aluminum0%0
Precious Metals and Minerals-3.00%
Copper-5.93%
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
BZ Benz MiningCA$3.1930.2%
+CA$320.4m		798.6%PB27x
AII Almonty IndustriesCA$19.224.9%
+CA$259.1m		516.0%PS178.3x
USA Americas Gold and SilverCA$11.217.7%
+CA$258.3m		474.9%PS25.5x
FOM Foran MiningCA$6.625.8%
+CA$202.9m		63.5%PB3.2x
ABRA AbraSilver ResourceCA$15.038.6%
+CA$190.3m		383.3%PB47.1x

Latest News

VMET
CA$13.53
Versamet Royalties
7D
0.2%
1Y
n/a
USA
CA$11.21
Americas Gold and Silver
7D
7.7%
1Y
474.9%

USA: Crescent Mine Restart And Silver Production Ramp Will Drive Upside Potential

Analysts have raised their price target on Americas Gold and Silver to US$14.28 from US$12.70, citing updated assumptions around higher projected revenue growth, wider profit margins, and a lower future P/E multiple in their models. What's in the News Reported consolidated 2025 silver production of 2.65 million ounces, compared with 1.74 million ounces attributable production in 2024, with Cosalá Operations contributing 1.19 million ounces and benefiting from higher grades at the San Rafael mine and EC 120 mine reaching commercial production on January 1, 2026 (Key Developments).
MDI
CA$16.22
Major Drilling Group International
7D
6.9%
1Y
77.5%

MDI: Zacatecas Drilling Contract Will Support Future Upside Potential

Analysts have maintained their price target for Major Drilling Group International at $20.00, citing slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E as the key drivers behind the reaffirmed view. What's in the News Zacatecas Silver Corp.
HBM
CA$34.43
Hudbay Minerals
7D
-3.8%
1Y
166.3%

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

Analysts have raised their fair value estimate for Hudbay Minerals from about $32.92 to roughly $36.19. The change reflects updated assumptions for revenue growth, profit margins, and a higher future P/E multiple informed by recent research that includes several price target increases and a downgrade.
BZ
CA$3.19
Benz Mining
7D
30.2%
1Y
798.6%
IVN
CA$17.63
Ivanhoe Mines
7D
-5.3%
1Y
8.4%

IVN: Higher Metals Price Assumptions Will Support Multi Year Copper Production Ramp

Narrative Update The analyst price target for Ivanhoe Mines has been lifted by about $0.94, with analysts pointing to refreshed sector price forecasts, an updated fair value of $23.80, a slightly higher discount rate of 7.48% and a modestly higher future P/E of 35.06x as key drivers of the change. Analyst Commentary Recent Street research on Ivanhoe Mines has leaned positive, with several bullish analysts lifting their price targets and pointing to refreshed sector assumptions to support higher valuation levels.
NICU
CA$2.95
Magna Mining
7D
-17.4%
1Y
81.0%
SLI
CA$5.64
Standard Lithium
7D
-11.9%
1Y
175.1%
ABRA
CA$15.03
AbraSilver Resource
7D
8.6%
1Y
383.3%
TECK.B
CA$79.15
Teck Resources
7D
-2.0%
1Y
31.0%
MOG
CA$0.61
Mogotes Metals
7D
38.6%
1Y
306.7%
FOM
CA$6.62
Foran Mining
7D
5.8%
1Y
63.5%
LAC
CA$6.43
Lithium Americas
7D
-8.5%
1Y
55.3%
AII
CA$19.22
Almonty Industries
7D
4.9%
1Y
516.0%
TMQ
CA$6.17
Trilogy Metals
7D
-20.9%
1Y
244.7%
VZLA
CA$5.53
Vizsla Silver
7D
-22.3%
1Y
81.3%