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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies698
  • 7D5.6%
  • 3M-2.5%
  • 1Y51.7%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 5.6%, driven by gains from Teck Resources of 8.3%. Meanwhile, Almonty Industries actually underperformed within the industry, shrinking 8.2% in the last week. This takes the industry's 12 month performance to a gain of 52%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026CA$137.1bCA$18.8b-CA$67,537,476.5217.6x-2030.4x7.3x
Mon, 23 Feb 2026CA$165.0bCA$18.6b-CA$132,881,186.1617.7x-1241.5x8.9x
Wed, 21 Jan 2026CA$157.5bCA$18.0b-CA$323,030,746.0425.5x-487.4x8.7x
Fri, 19 Dec 2025CA$126.9bCA$18.0b-CA$337,210,520.6918.1x-376.4x7x
Sun, 16 Nov 2025CA$116.1bCA$18.1b-CA$318,198,843.1617.7x-364.7x6.4x
Tue, 14 Oct 2025CA$121.6bCA$17.5b-CA$1,241,220,407.1020.6x-98x6.9x
Thu, 11 Sep 2025CA$98.4bCA$17.4b-CA$1,275,065,107.7116.7x-77.2x5.6x
Sat, 09 Aug 2025CA$85.7bCA$17.0b-CA$1,200,395,276.1115.6x-71.4x5x
Mon, 07 Jul 2025CA$87.8bCA$16.7b-CA$1,556,022,342.4115.7x-56.4x5.3x
Wed, 04 Jun 2025CA$80.1bCA$16.7b-CA$1,373,322,383.2313.8x-58.4x4.8x
Fri, 02 May 2025CA$77.2bCA$16.8b-CA$1,648,366,173.5210.6x-46.8x4.6x
Sun, 30 Mar 2025CA$82.3bCA$16.3b-CA$2,266,924,529.9811.2x-36.3x5.1x
Tue, 25 Feb 2025CA$86.9bCA$16.2b-CA$2,204,678,425.539.9x-39.4x5.4x
Thu, 23 Jan 2025CA$91.3bCA$23.8b-CA$249,096,050.4113.5x-366.6x3.8x
Sat, 21 Dec 2024CA$90.0bCA$23.8b-CA$442,499,987.9611.9x-203.4x3.8x
Mon, 18 Nov 2024CA$94.8bCA$23.8b-CA$267,415,662.3211.8x-354.7x4x
Wed, 16 Oct 2024CA$100.0bCA$22.4b-CA$112,223,871.7518.2x-891x4.5x
Fri, 13 Sep 2024CA$87.7bCA$22.3b-CA$315,056,678.6113.8x-278.3x3.9x
Sun, 11 Aug 2024CA$87.5bCA$21.9b-CA$453,996,003.9315x-192.8x4x
Tue, 09 Jul 2024CA$97.5bCA$21.5b-CA$356,362,515.5114.4x-273.7x4.5x
Thu, 06 Jun 2024CA$94.6bCA$21.6b-CA$355,657,975.6115x-265.9x4.4x
Sat, 04 May 2024CA$95.2bCA$21.3b-CA$307,352,703.8917x-309.8x4.5x
Mon, 01 Apr 2024CA$87.6bCA$21.0bCA$757.7m16x115.6x4.2x
Wed, 28 Feb 2024CA$76.1bCA$21.0bCA$671.9m13.3x113.3x3.6x
Fri, 26 Jan 2024CA$89.7bCA$23.7bCA$885.1m12.8x101.4x3.8x
Sun, 24 Dec 2023CA$91.0bCA$23.6bCA$847.3m13.1x107.3x3.9x
Tue, 21 Nov 2023CA$82.8bCA$23.7bCA$800.4m11.8x103.4x3.5x
Thu, 19 Oct 2023CA$88.2bCA$24.1bCA$1.1b10.5x83.8x3.7x
Sat, 16 Sep 2023CA$92.6bCA$24.1bCA$1.2b10x80.2x3.8x
Mon, 14 Aug 2023CA$94.4bCA$24.1bCA$1.0b11.1x91.4x3.9x
Wed, 12 Jul 2023CA$95.6bCA$26.1bCA$2.6b11x37.3x3.7x
Fri, 09 Jun 2023CA$92.9bCA$26.1bCA$2.6b10.7x35.3x3.6x
Sun, 07 May 2023CA$96.8bCA$26.2bCA$2.9b12x33.4x3.7x
Tue, 04 Apr 2023CA$96.8bCA$27.0bCA$3.2b8.8x30.6x3.6x
Price to Earnings Ratio

30.6x


Total Market Cap: CA$96.8bTotal Earnings: CA$3.2bTotal Revenue: CA$27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 182.2x202420252026
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 11% per year, which is driving profits down.

Industry Comparison

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

CA Market2.21%
Materials6.88%
Metals and Mining7.36%
Diversified Metals and Mining5.58%
Silver11.73%
Gold7.67%
Copper7.27%
Precious Metals and Minerals6.86%
Aluminum0%0
Steel-8.22%
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
TECK.B Teck ResourcesCA$67.478.3%
+CA$2.6b		25.9%PE23.6x
HBM Hudbay MineralsCA$27.019.1%
+CA$896.9m		145.8%PE13.6x
IVN Ivanhoe MinesCA$11.132.1%
+CA$328.0m		-15.7%PE43.7x
NGEX NGEx MineralsCA$23.596.8%
+CA$325.3m		76.3%PB11.6x
ALS Altius MineralsCA$46.7913.6%
+CA$313.1m		86.6%PE8.8x

Latest News

FOM
CA$5.34
Foran Mining
7D
5.7%
1Y
43.5%
HBM
CA$27.01
Hudbay Minerals
7D
9.1%
1Y
145.8%
ALS
CA$46.79
Altius Minerals
7D
13.6%
1Y
86.6%
IVN
CA$11.13
Ivanhoe Mines
7D
2.1%
1Y
-15.7%
QTWO
CA$1.92
Q2 Metals
7D
-7.2%
1Y
102.1%
NGEX
CA$23.59
NGEx Minerals
7D
6.8%
1Y
76.3%
ABRA
CA$10.98
AbraSilver Resource
7D
10.4%
1Y
235.8%
AII
CA$20.67
Almonty Industries
7D
-8.2%
1Y
543.9%
CDB
CA$0.28
Cordoba Minerals
7D
-81.7%
1Y
-42.7%
TECK.B
CA$67.47
Teck Resources
7D
8.3%
1Y
25.9%

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.
VMET
CA$13.15
Versamet Royalties
7D
-4.8%
1Y
n/a
CNL
CA$20.96
Collective Mining
7D
8.5%
1Y
71.1%
GLO
CA$0.75
Global Atomic
7D
-7.4%
1Y
29.3%
LIRC
CA$10.39
Lithium Royalty
7D
-5.7%
1Y
137.2%
SFR
CA$0.21
Sandfire Resources America
7D
-23.6%
1Y
-34.4%
MKA
CA$0.72
Mkango Resources
7D
-11.1%
1Y
188.0%