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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies694
  • 7D8.1%
  • 3M38.8%
  • 1Y79.0%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 7.9%, driven by gains from Talon Metals of 1,000%. During this same period, the Lithium Argentina underperformed, falling 5.9%. In the last 12 months, the industry was up 70%. 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
Tue, 27 Jan 2026CA$168.2bCA$18.0b-CA$327,170,466.6326.9x-514x9.4x
Thu, 25 Dec 2025CA$138.1bCA$18.0b-CA$300,933,006.7018.2x-459x7.7x
Sat, 22 Nov 2025CA$110.6bCA$18.3b-CA$147,571,506.4117.5x-749.2x6x
Mon, 20 Oct 2025CA$121.5bCA$17.5b-CA$1,240,181,668.3119.6x-98x6.9x
Wed, 17 Sep 2025CA$103.4bCA$17.4b-CA$1,272,831,944.7218.6x-81.2x5.9x
Fri, 15 Aug 2025CA$87.8bCA$17.3b-CA$1,339,010,681.8915.4x-65.5x5.1x
Sun, 13 Jul 2025CA$88.0bCA$16.7b-CA$1,542,574,562.9715.8x-57x5.3x
Tue, 10 Jun 2025CA$83.7bCA$16.7b-CA$1,357,459,138.4113.6x-61.6x5x
Thu, 08 May 2025CA$80.7bCA$16.9b-CA$1,387,529,045.9510.2x-58.2x4.8x
Sat, 05 Apr 2025CA$75.7bCA$16.2b-CA$2,248,193,545.7410.6x-33.7x4.7x
Mon, 03 Mar 2025CA$84.0bCA$16.3b-CA$2,167,915,328.848.8x-38.7x5.2x
Wed, 29 Jan 2025CA$89.2bCA$23.8b-CA$250,671,376.0312.3x-355.7x3.7x
Fri, 27 Dec 2024CA$93.1bCA$23.8b-CA$422,833,946.8011.9x-220.1x3.9x
Sun, 24 Nov 2024CA$99.2bCA$23.6b-CA$399,063,924.0911.7x-248.7x4.2x
Tue, 22 Oct 2024CA$103.1bCA$22.4b-CA$103,058,464.5817.8x-1000.8x4.6x
Thu, 19 Sep 2024CA$93.3bCA$22.3b-CA$282,790,561.8814.9x-329.8x4.2x
Sat, 17 Aug 2024CA$92.5bCA$22.0b-CA$468,534,970.3114.6x-197.3x4.2x
Mon, 15 Jul 2024CA$99.9bCA$21.6b-CA$300,181,092.1912.4x-332.9x4.6x
Wed, 12 Jun 2024CA$96.7bCA$21.6b-CA$364,430,277.1114.7x-265.5x4.5x
Fri, 10 May 2024CA$97.9bCA$21.3b-CA$304,992,406.0116.4x-321.1x4.6x
Sun, 07 Apr 2024CA$90.7bCA$21.0bCA$770.3m20.5x117.8x4.3x
Tue, 05 Mar 2024CA$79.6bCA$21.0bCA$663.2m13.1x120x3.8x
Thu, 01 Feb 2024CA$90.0bCA$23.7bCA$900.7m11.8x99.9x3.8x
Sat, 30 Dec 2023CA$91.1bCA$23.6bCA$845.6m13.2x107.8x3.9x
Mon, 27 Nov 2023CA$83.8bCA$23.7bCA$794.2m11.8x105.5x3.5x
Wed, 25 Oct 2023CA$84.5bCA$24.1bCA$1.0b10x83.6x3.5x
Fri, 22 Sep 2023CA$89.4bCA$24.1bCA$1.1b9.8x78x3.7x
Sun, 20 Aug 2023CA$89.7bCA$24.1bCA$1.0b12.1x86x3.7x
Tue, 18 Jul 2023CA$96.6bCA$26.0bCA$2.6b11.2x37.7x3.7x
Thu, 15 Jun 2023CA$94.9bCA$26.1bCA$2.6b11.1x36.6x3.6x
Sat, 13 May 2023CA$95.6bCA$26.2bCA$2.8b11.7x34.5x3.6x
Mon, 10 Apr 2023CA$96.1bCA$27.1bCA$3.3b8x29.4x3.6x
Wed, 08 Mar 2023CA$93.4bCA$27.2bCA$3.2b7.3x28.9x3.4x
Fri, 03 Feb 2023CA$95.6bCA$29.7bCA$3.7b9.9x25.7x3.2x
Price to Earnings Ratio

25.7x


Total Market Cap: CA$95.6bTotal Earnings: CA$3.7bTotal Revenue: CA$29.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 221.7x202420252026
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 24.7x is higher than the industry's current PS ratio of 9.4x.
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 Market0.94%
Materials6.46%
Metals and Mining6.81%
Diversified Metals and Mining8.11%
Silver12.48%
Precious Metals and Minerals10.89%
Gold6.61%
Copper3.26%
Aluminum0%0
Steel-3.88%
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
TECK.B Teck ResourcesCA$75.106.8%
+CA$2.3b		23.2%PE29.5x
IVN Ivanhoe MinesCA$17.729.4%
+CA$2.2b		9.9%PE60.1x
AII Almonty IndustriesCA$15.8835.6%
+CA$1.2b		898.7%PS146.9x
HBM Hudbay MineralsCA$34.897.8%
+CA$998.3m		194.2%PE21.8x
USA Americas Gold and SilverCA$12.3534.1%
+CA$963.0m		600.7%PS26.3x

Latest News

SCZ
CA$21.41
Santacruz Silver Mining
7D
30.9%
1Y
1,572.7%
BRW
CA$0.27
Brunswick Exploration
7D
-26.4%
1Y
82.8%
TLO
CA$6.60
Talon Metals
7D
10.0%
1Y
676.5%
USA
CA$12.35
Americas Gold and Silver
7D
34.1%
1Y
600.7%

USA: Crescent Mine Restart And Production Ramp Will Define Balanced Upside Potential

Analysts now see higher upside for Americas Gold and Silver, lifting their fair value estimate from US$9.38 to US$12.70 as they factor in updated assumptions on revenue growth, profitability, discount rate and future P/E levels. What's in the News Reported consolidated 2025 silver production of 2.65 million ounces, including 1.19 million ounces from the Cosalá Operations in Mexico, with additional antimony and copper output from the Galena Complex (Key Developments).
AII
CA$15.88
Almonty Industries
7D
35.6%
1Y
898.7%
IVN
CA$17.72
Ivanhoe Mines
7D
9.4%
1Y
9.9%

IVN: Higher Metals Price Assumptions Will Support Major Copper Production Ramp

Analysts have lifted their price targets on Ivanhoe Mines by roughly C$3 to reflect updated fair value estimates of about $22.86 versus $20.66 previously, citing refreshed metals price forecasts and a mixed macro backdrop, with softer Chinese demand but potential offset from recovering demand in the U.S. and Europe. Analyst Commentary Bullish analysts are framing the recent price target moves as a reset of fair value that better reflects updated metals price assumptions and Ivanhoe Mines' project portfolio.
HBM
CA$34.89
Hudbay Minerals
7D
7.8%
1Y
194.2%

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

Hudbay Minerals' analyst price targets have moved higher, with the fair value estimate rising by about $5 to $32.92, as analysts factor in updated growth and profitability assumptions, alongside a series of recent Buy ratings and target hikes from major firms. Analyst Commentary Recent Street research on Hudbay Minerals has centered on refreshed models, higher price targets in both Canadian dollars and U.S. dollars, and new or resumed positive coverage.
TECK.B
CA$75.10
Teck Resources
7D
6.8%
1Y
23.2%
ZNG
CA$0.75
Group Eleven Resources
7D
-16.7%
1Y
294.7%
BMM
CA$6.10
Black Mammoth Metals
7D
-12.2%
1Y
449.5%
CNC
CA$2.22
Canada Nickel
7D
-12.6%
1Y
158.1%
FOM
CA$6.74
Foran Mining
7D
12.5%
1Y
77.8%
LAR
CA$10.92
Lithium Argentina
7D
-5.9%
1Y
178.6%
APXC
CA$2.98
Apex Critical Metals
7D
-10.0%
1Y
267.9%
NOU
CA$3.97
Nouveau Monde Graphite
7D
-4.8%
1Y
29.7%
MAI
CA$6.05
Minera Alamos
7D
-7.8%
1Y
101.7%