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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies693
  • 7D-11.2%
  • 3M19.2%
  • 1Y76.8%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 11%, driven by Teck Resources declining 6.0%. Meanwhile, Almonty Industries actually outperformed within the industry, gaining 9.3% in the last week. Over the past 12 months, the industry was up 77%. As for the next few years, earnings are expected to grow by 25% 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 Mar 2026CA$156.0bCA$18.6b-CA$181,507,765.2918.4x-859.6x8.4x
Fri, 06 Feb 2026CA$165.6bCA$18.0b-CA$326,764,856.3917x-506.8x9.2x
Sun, 04 Jan 2026CA$140.1bCA$18.0b-CA$308,568,204.6922.3x-454x7.8x
Tue, 02 Dec 2025CA$125.2bCA$18.2b-CA$126,957,378.3318.4x-985.9x6.9x
Thu, 30 Oct 2025CA$117.2bCA$18.0b-CA$111,980,550.1919.9x-1046.4x6.5x
Sat, 27 Sep 2025CA$109.5bCA$17.5b-CA$1,259,847,350.8719.4x-86.9x6.3x
Mon, 25 Aug 2025CA$89.9bCA$17.3b-CA$1,270,265,613.6516.1x-70.8x5.2x
Wed, 23 Jul 2025CA$89.0bCA$16.7b-CA$1,566,362,112.8416.8x-56.8x5.3x
Fri, 20 Jun 2025CA$83.8bCA$16.7b-CA$1,560,441,419.7113.9x-53.7x5x
Sun, 18 May 2025CA$81.0bCA$17.1b-CA$1,304,100,988.659.8x-62.1x4.7x
Tue, 15 Apr 2025CA$75.2bCA$16.1b-CA$2,264,086,864.7010.7x-33.2x4.7x
Thu, 13 Mar 2025CA$82.3bCA$16.3b-CA$2,107,728,840.919.7x-39x5.1x
Sat, 08 Feb 2025CA$90.8bCA$23.8b-CA$233,051,782.6010.9x-389.6x3.8x
Mon, 06 Jan 2025CA$94.4bCA$23.8b-CA$437,978,902.8013.4x-215.5x4x
Wed, 04 Dec 2024CA$97.6bCA$23.7b-CA$457,380,417.9712.6x-213.4x4.1x
Fri, 01 Nov 2024CA$102.3bCA$23.5b-CA$334,202,053.3916.2x-306.1x4.3x
Sun, 29 Sep 2024CA$102.8bCA$22.3b-CA$84,862,442.8218.3x-1210.9x4.6x
Tue, 27 Aug 2024CA$96.3bCA$22.0b-CA$457,754,445.4615x-210.3x4.4x
Thu, 25 Jul 2024CA$92.7bCA$21.6b-CA$304,503,520.7714.4x-304.3x4.3x
Sat, 22 Jun 2024CA$93.3bCA$21.5b-CA$361,520,208.7914.6x-258.2x4.3x
Mon, 20 May 2024CA$105.2bCA$21.5b-CA$448,228,072.1716.6x-234.7x4.9x
Wed, 17 Apr 2024CA$94.9bCA$21.1bCA$805.2m19.3x117.9x4.5x
Fri, 15 Mar 2024CA$86.5bCA$21.0bCA$649.5m12.8x133.1x4.1x
Sun, 11 Feb 2024CA$74.9bCA$19.6bCA$369.9m12.6x202.5x3.8x
Tue, 09 Jan 2024CA$90.0bCA$23.6bCA$835.7m12.8x107.7x3.8x
Thu, 07 Dec 2023CA$84.0bCA$23.7bCA$855.1m12.8x98.2x3.6x
Sat, 04 Nov 2023CA$84.0bCA$23.5bCA$561.2m12x149.7x3.6x
Mon, 02 Oct 2023CA$91.3bCA$24.1bCA$1.1b10x83.6x3.8x
Wed, 30 Aug 2023CA$92.6bCA$24.1bCA$1.1b11x85.8x3.8x
Fri, 28 Jul 2023CA$97.2bCA$26.0bCA$2.6b11.1x38x3.7x
Sun, 25 Jun 2023CA$92.4bCA$26.0bCA$2.5b11.8x36.4x3.5x
Tue, 23 May 2023CA$94.6bCA$26.1bCA$2.7b11.8x35.1x3.6x
Thu, 20 Apr 2023CA$101.4bCA$27.1bCA$3.3b8.3x31.1x3.7x
Sat, 18 Mar 2023CA$86.8bCA$27.2bCA$3.2b6.7x27x3.2x
Price to Earnings Ratio

27x


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 191x202420252026
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 24.9x is higher than the industry's current PS ratio of 8.3x.
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 12% per year, which is driving profits down.

Industry Comparison

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

CA Market-4.27%
Materials-10.49%
Metals and Mining-11.30%
Diversified Metals and Mining-11.22%
Aluminum0%0
Steel-4.29%
Gold-10.48%
Precious Metals and Minerals-11.22%
Silver-15.04%
Copper-16.40%
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$28.909.3%
+CA$734.4m		1,074.8%PS269.6x
ALS Altius MineralsCA$45.76-2.6%
CA$384.7m		85.6%PE7.1x
VMET Versamet RoyaltiesCA$14.8414.6%
+CA$199.5m		n/aPS58.8x
LUNR LunR RoyaltiesCA$29.429.1%
+CA$172.4m		n/an/a
TLO Talon MetalsCA$8.805.1%
+CA$81.3m		1,073.3%PB4.7x

Latest News

ALS
CA$45.76
Altius Minerals
7D
-2.6%
1Y
85.6%
NGEX
CA$27.07
NGEx Minerals
7D
-6.4%
1Y
105.2%
QIMC
CA$1.95
Quebec Innovative Materials
7D
41.3%
1Y
1,047.1%
HBM
CA$31.26
Hudbay Minerals
7D
-8.3%
1Y
208.0%

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$71.20
Teck Resources
7D
-6.0%
1Y
28.2%
IVN
CA$13.61
Ivanhoe Mines
7D
-2.6%
1Y
0.1%

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.
TLO
CA$8.80
Talon Metals
7D
5.1%
1Y
1,073.3%
OM
CA$1.24
Osisko Metals
7D
-12.7%
1Y
155.7%
AFM
CA$1.34
Alphamin Resources
7D
-13.5%
1Y
83.6%
GQC
CA$2.45
Goldquest Mining
7D
6.1%
1Y
512.5%
USA
CA$11.69
Americas Gold and Silver
7D
-5.0%
1Y
558.6%

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).
RECE
CA$3.75
Resource Centrix HoldingsInc
7D
25.0%
1Y
n/a
LUNR
CA$29.42
LunR Royalties
7D
9.1%
1Y
n/a
VMET
CA$14.84
Versamet Royalties
7D
14.6%
1Y
n/a
SLS
CA$12.73
Solaris Resources
7D
-5.3%
1Y
181.0%
AII
CA$28.90
Almonty Industries
7D
9.3%
1Y
1,074.8%