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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies692
  • 7D-2.7%
  • 3M18.3%
  • 1Y67.1%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 2.7%, driven by pullbacks in Teck Resources and Ivanhoe Mines of 3.2% and 5.0%, respectively. On the other hand Almonty Industries is actually up 8.7%. In the past year, the industry has gained 67%. Looking forward, 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
Fri, 13 Mar 2026CA$160.5bCA$18.7b-CA$203,885,811.1618.3x-787x8.6x
Sun, 08 Feb 2026CA$161.7bCA$18.0b-CA$323,334,853.7018.7x-500.2x9x
Tue, 06 Jan 2026CA$145.8bCA$18.0b-CA$308,453,299.3723.4x-472.6x8.1x
Thu, 04 Dec 2025CA$124.5bCA$18.0b-CA$294,780,527.3519.6x-422.2x6.9x
Sat, 01 Nov 2025CA$117.9bCA$18.2b-CA$241,739,733.5917.8x-487.5x6.5x
Mon, 29 Sep 2025CA$112.1bCA$17.5b-CA$1,255,729,931.3319.4x-89.2x6.4x
Wed, 27 Aug 2025CA$89.8bCA$17.4b-CA$1,270,515,798.7815.9x-70.7x5.2x
Fri, 25 Jul 2025CA$90.6bCA$16.7b-CA$1,575,509,292.7715.9x-57.5x5.4x
Sun, 22 Jun 2025CA$83.1bCA$16.7b-CA$1,556,035,552.9913.6x-53.4x5x
Tue, 20 May 2025CA$81.0bCA$17.1b-CA$1,304,192,147.2810.4x-62.1x4.7x
Thu, 17 Apr 2025CA$76.5bCA$16.0b-CA$2,330,073,496.2010.5x-32.8x4.8x
Sat, 15 Mar 2025CA$85.0bCA$16.3b-CA$2,105,692,975.039.8x-40.4x5.2x
Mon, 10 Feb 2025CA$91.6bCA$23.8b-CA$232,057,127.0810.9x-394.8x3.9x
Wed, 08 Jan 2025CA$95.3bCA$23.8b-CA$434,597,821.3813.1x-219.2x4x
Fri, 06 Dec 2024CA$98.1bCA$23.7b-CA$455,568,651.5213.4x-215.4x4.1x
Sun, 03 Nov 2024CA$99.1bCA$23.6b-CA$332,873,034.3913x-297.7x4.2x
Tue, 01 Oct 2024CA$102.8bCA$22.3b-CA$85,197,038.1217.9x-1206.2x4.6x
Thu, 29 Aug 2024CA$96.4bCA$22.0b-CA$460,393,908.1015.3x-209.3x4.4x
Sat, 27 Jul 2024CA$92.2bCA$22.0b-CA$450,358,199.9114.2x-204.7x4.2x
Mon, 24 Jun 2024CA$91.3bCA$21.5b-CA$357,983,708.2814.6x-255.2x4.2x
Wed, 22 May 2024CA$105.3bCA$21.5b-CA$449,409,490.1417.3x-234.2x4.9x
Fri, 19 Apr 2024CA$94.7bCA$21.1bCA$809.6m18.8x116.9x4.5x
Sun, 17 Mar 2024CA$87.4bCA$21.0bCA$682.7m12.9x128x4.2x
Tue, 13 Feb 2024CA$75.3bCA$19.6bCA$378.0m12.7x199.3x3.8x
Thu, 11 Jan 2024CA$88.7bCA$23.6bCA$843.6m12.3x105.1x3.8x
Sat, 09 Dec 2023CA$84.9bCA$23.7bCA$853.2m12.9x99.5x3.6x
Mon, 06 Nov 2023CA$84.0bCA$23.5bCA$552.7m12x152.1x3.6x
Wed, 04 Oct 2023CA$88.9bCA$24.1bCA$1.1b9.8x81.3x3.7x
Fri, 01 Sep 2023CA$92.5bCA$24.1bCA$1.2b11x79.7x3.8x
Sun, 30 Jul 2023CA$96.9bCA$23.8bCA$1.3b12.6x73.8x4.1x
Tue, 27 Jun 2023CA$93.2bCA$26.0bCA$2.5b11.8x36.7x3.6x
Thu, 25 May 2023CA$90.1bCA$26.2bCA$2.7b11.8x33.4x3.4x
Sat, 22 Apr 2023CA$98.8bCA$27.1bCA$3.3b8.8x30.4x3.6x
Mon, 20 Mar 2023CA$86.8bCA$27.2bCA$3.2b6.7x27.1x3.2x
Price to Earnings Ratio

27.1x


Total Market Cap: CA$86.8bTotal Earnings: CA$3.2bTotal Revenue: CA$27.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 189.3x202420252026
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-2.19%
Materials-1.60%
Metals and Mining-2.23%
Diversified Metals and Mining-2.74%
Aluminum0%0
Gold-1.88%
Copper-2.35%
Precious Metals and Minerals-4.32%
Silver-4.87%
Steel-6.94%
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$28.688.7%
+CA$648.5m		1,174.7%PS268.9x
ALS Altius MineralsCA$44.64-2.0%
CA$386.8m		78.1%PE8.4x
NCX NorthIsle Copper and GoldCA$3.197.0%
+CA$182.0m		376.1%PB23.3x
QIMC Quebec Innovative MaterialsCA$2.0958.3%
+CA$101.9m		1,206.3%n/a
UCU Ucore Rare MetalsCA$6.628.5%
+CA$82.5m		688.1%PB16.2x

Latest News

ALS
CA$44.64
Altius Minerals
7D
-2.0%
1Y
78.1%
AFM
CA$1.21
Alphamin Resources
7D
-7.6%
1Y
163.0%
NCX
CA$3.19
NorthIsle Copper and Gold
7D
7.0%
1Y
376.1%
NGEX
CA$25.67
NGEx Minerals
7D
-7.2%
1Y
97.2%
QIMC
CA$2.09
Quebec Innovative Materials
7D
58.3%
1Y
1,206.3%
HBM
CA$29.74
Hudbay Minerals
7D
-5.5%
1Y
179.0%

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$70.72
Teck Resources
7D
-3.2%
1Y
21.0%
IVN
CA$12.95
Ivanhoe Mines
7D
-5.0%
1Y
-6.9%

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$3.34
Aclara Resources
7D
8.8%
1Y
554.9%
CNL
CA$22.39
Collective Mining
7D
-5.8%
1Y
100.6%
USA
CA$10.96
Americas Gold and Silver
7D
-5.7%
1Y
476.8%

USA: Crescent Restart And Silver Valley Expansion Will Drive Future Upside

Analysts have lifted their CA$ fair value estimate for Americas Gold and Silver from about CA$14.28 to CA$15.60, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a slightly higher future P/E multiple. 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 (Strategic Alliances).
FOM
CA$6.00
Foran Mining
7D
-3.5%
1Y
50.4%
VMET
CA$14.38
Versamet Royalties
7D
4.6%
1Y
n/a
SLI
CA$5.92
Standard Lithium
7D
3.5%
1Y
220.0%
UCU
CA$6.62
Ucore Rare Metals
7D
8.5%
1Y
688.1%
AII
CA$28.68
Almonty Industries
7D
8.7%
1Y
1,174.7%