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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies692
  • 7D-4.2%
  • 3M13.3%
  • 1Y56.8%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 2.7%, driven by declines in Teck Resources and Ivanhoe Mines of 3.2% and 5.0%, respectively. Meanwhile, Almonty Industries actually outperformed within the industry, gaining 8.7% in the last week. In the past year, the industry has gained 67%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026CA$156.0bCA$18.7b-CA$352,104,694.1317.3x-442.9x8.3x
Mon, 09 Feb 2026CA$161.8bCA$18.0b-CA$323,207,704.7018.7x-500.5x9x
Wed, 07 Jan 2026CA$146.2bCA$18.0b-CA$313,839,384.0422.9x-465.8x8.1x
Fri, 05 Dec 2025CA$128.4bCA$18.0b-CA$288,722,144.2619x-444.7x7.1x
Sun, 02 Nov 2025CA$118.1bCA$18.2b-CA$246,560,367.4919.8x-479x6.5x
Tue, 30 Sep 2025CA$112.1bCA$17.5b-CA$1,260,118,390.6119.5x-88.9x6.4x
Thu, 28 Aug 2025CA$90.7bCA$17.4b-CA$1,285,173,909.6216.2x-70.6x5.2x
Sat, 26 Jul 2025CA$87.7bCA$16.7b-CA$1,572,653,462.1716.1x-55.7x5.3x
Mon, 23 Jun 2025CA$82.2bCA$16.7b-CA$1,554,257,057.9913.6x-52.9x4.9x
Wed, 21 May 2025CA$81.0bCA$17.1b-CA$1,275,117,332.7210.8x-63.5x4.7x
Fri, 18 Apr 2025CA$76.8bCA$16.0b-CA$2,342,567,740.4110.7x-32.8x4.8x
Sun, 16 Mar 2025CA$87.1bCA$16.3b-CA$2,106,014,083.619.8x-41.3x5.3x
Tue, 11 Feb 2025CA$91.6bCA$23.8b-CA$231,205,151.6310.6x-396.3x3.9x
Thu, 09 Jan 2025CA$94.7bCA$23.8b-CA$434,588,970.6613.3x-218x4x
Sat, 07 Dec 2024CA$97.8bCA$23.7b-CA$442,367,563.9813.8x-221.2x4.1x
Mon, 04 Nov 2024CA$99.1bCA$23.6b-CA$332,791,951.3913x-297.8x4.2x
Wed, 02 Oct 2024CA$101.9bCA$22.3b-CA$85,377,396.7918x-1193.4x4.6x
Fri, 30 Aug 2024CA$93.1bCA$22.0b-CA$476,255,845.8915.5x-195.5x4.2x
Sun, 28 Jul 2024CA$94.1bCA$22.0b-CA$447,840,383.4514.5x-210.1x4.3x
Tue, 25 Jun 2024CA$91.4bCA$21.5b-CA$358,108,737.1815x-255.2x4.2x
Thu, 23 May 2024CA$105.5bCA$21.5b-CA$459,092,801.4016.4x-229.7x4.9x
Sat, 20 Apr 2024CA$94.7bCA$21.1bCA$809.6m18.8x116.9x4.5x
Mon, 18 Mar 2024CA$87.4bCA$21.0bCA$682.7m12.9x128x4.2x
Wed, 14 Feb 2024CA$74.7bCA$19.7bCA$374.3m12.3x199.6x3.8x
Fri, 12 Jan 2024CA$88.6bCA$23.6bCA$843.8m12.2x105x3.8x
Sun, 10 Dec 2023CA$86.9bCA$23.7bCA$853.2m12.9x101.9x3.7x
Tue, 07 Nov 2023CA$84.1bCA$23.5bCA$670.4m11.9x125.4x3.6x
Thu, 05 Oct 2023CA$88.9bCA$24.1bCA$1.1b10.2x81.4x3.7x
Sat, 02 Sep 2023CA$94.3bCA$24.1bCA$1.2b11.2x81.8x3.9x
Mon, 31 Jul 2023CA$98.8bCA$24.3bCA$1.4b12.4x70.1x4.1x
Wed, 28 Jun 2023CA$94.0bCA$26.0bCA$2.5b11.8x37x3.6x
Fri, 26 May 2023CA$90.1bCA$26.2bCA$2.7b11.8x33.4x3.4x
Sun, 23 Apr 2023CA$98.8bCA$27.1bCA$3.3b8.8x30.4x3.6x
Tue, 21 Mar 2023CA$90.8bCA$27.1bCA$3.2b7x28.4x3.3x
Price to Earnings Ratio

28.4x


Total Market Cap: CA$90.8bTotal 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 188.6x202420252026
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 8.6x.
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-1.77%
Materials-4.88%
Metals and Mining-5.84%
Diversified Metals and Mining-4.20%
Aluminum0%0
Copper-2.02%
Gold-6.28%
Steel-7.90%
Precious Metals and Minerals-9.87%
Silver-10.29%
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
AII Almonty IndustriesCA$26.996.1%
+CA$437.0m		1,068.4%PS253x
ARA Aclara ResourcesCA$3.158.2%
+CA$53.4m		530.0%PB3.4x
UCU Ucore Rare MetalsCA$6.464.2%
+CA$52.6m		642.5%PB15.8x
QIMC Quebec Innovative MaterialsCA$1.8025.0%
+CA$47.7m		847.4%n/a
LAR Lithium ArgentinaCA$9.242.3%
+CA$34.1m		187.9%PB1.4x

Latest News

SLS
CA$11.70
Solaris Resources
7D
-8.3%
1Y
136.8%
USA
CA$10.10
Americas Gold and Silver
7D
-9.3%
1Y
431.6%

USA: Crescent Restart Will Drive Future Upside For Idaho Silver Assets

Analysts have kept their CA$15.60 price target for Americas Gold and Silver unchanged, citing largely consistent assumptions for fair value, discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Entered a joint venture with United States Antimony to construct and operate an antimony processing plant in Idaho's Silver Valley, with Americas Gold and Silver holding 51% ownership and supplying feedstock from the Galena Complex (Key Developments).
LAR
CA$9.24
Lithium Argentina
7D
2.3%
1Y
187.9%
ZNG
CA$1.02
Group Eleven Resources
7D
3.0%
1Y
436.8%
NGEX
CA$24.87
NGEx Minerals
7D
-7.7%
1Y
84.8%
QIMC
CA$1.80
Quebec Innovative Materials
7D
25.0%
1Y
847.4%
HBM
CA$28.42
Hudbay Minerals
7D
-6.1%
1Y
156.7%

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.
TECK.B
CA$68.06
Teck Resources
7D
-0.9%
1Y
12.5%
IVN
CA$12.44
Ivanhoe Mines
7D
-5.5%
1Y
-11.5%

IVN: Long Term Copper Projects Will Support Future Cash Flow Expansion

The updated analyst price target for Ivanhoe Mines now sits at about CA$23.91, reflecting a small reduction of roughly CA$0.08 as analysts factor in higher discount rates, more conservative profit margins, and revised long term P/E expectations, even as they incorporate higher projected revenue growth into their models. Analyst Commentary Recent Street research on Ivanhoe Mines shows a mix of caution and optimism, with some firms trimming price targets and others lifting theirs.
ARA
CA$3.15
Aclara Resources
7D
8.2%
1Y
530.0%
CNL
CA$21.03
Collective Mining
7D
-10.9%
1Y
74.4%
ACM
CA$1.35
Allied Critical Metals
7D
13.4%
1Y
n/a
FOM
CA$5.76
Foran Mining
7D
-6.3%
1Y
42.6%
NDM
CA$1.81
Northern Dynasty Minerals
7D
2.3%
1Y
73.2%
UCU
CA$6.46
Ucore Rare Metals
7D
4.2%
1Y
642.5%
AII
CA$26.99
Almonty Industries
7D
6.1%
1Y
1,068.4%