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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies696
  • 7D3.1%
  • 3M13.3%
  • 1Y60.1%
  • YTDn/a

The Diversified Metals and Mining industry is up 3.1% in the last week, with Hudbay Minerals up 5.8%. This takes the industry's 12 month performance to a gain of 60%. As for the next few years, earnings are expected to grow by 19% 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, 13 Jan 2026CA$155.4bCA$18.1b-CA$323,813,654.6722.6x-479.8x8.6x
Thu, 11 Dec 2025CA$125.9bCA$18.0b-CA$318,050,498.1218.2x-395.9x7x
Sat, 08 Nov 2025CA$114.2bCA$18.3b-CA$322,745,197.2817.7x-353.9x6.3x
Mon, 06 Oct 2025CA$118.1bCA$17.5b-CA$1,241,486,104.5420.4x-95.1x6.8x
Wed, 03 Sep 2025CA$92.3bCA$17.4b-CA$1,271,755,990.7115.9x-72.6x5.3x
Fri, 01 Aug 2025CA$82.4bCA$17.1b-CA$1,220,003,745.6118.1x-67.5x4.8x
Sun, 29 Jun 2025CA$85.6bCA$16.7b-CA$1,531,295,216.0713.3x-55.9x5.1x
Tue, 27 May 2025CA$81.7bCA$17.0b-CA$1,275,382,640.5011.8x-64.1x4.8x
Thu, 24 Apr 2025CA$76.1bCA$16.1b-CA$2,302,326,165.7510.4x-33.1x4.7x
Sat, 22 Mar 2025CA$89.4bCA$16.3b-CA$1,970,081,349.6010.8x-45.4x5.5x
Mon, 17 Feb 2025CA$92.6bCA$23.8b-CA$205,381,211.4610.3x-450.7x3.9x
Wed, 15 Jan 2025CA$94.2bCA$23.8b-CA$379,043,467.6612.8x-248.5x4x
Fri, 13 Dec 2024CA$97.3bCA$23.7b-CA$439,410,033.3013.3x-221.3x4.1x
Sun, 10 Nov 2024CA$100.0bCA$23.7b-CA$319,848,085.3712.4x-312.6x4.2x
Tue, 08 Oct 2024CA$103.0bCA$22.3b-CA$87,457,422.9617.9x-1177.1x4.6x
Thu, 05 Sep 2024CA$88.4bCA$22.3b-CA$304,982,451.8716.7x-289.9x4x
Sat, 03 Aug 2024CA$93.4bCA$22.0b-CA$451,730,306.8613.8x-206.7x4.2x
Mon, 01 Jul 2024CA$93.0bCA$21.5b-CA$358,660,855.3414.6x-259.3x4.3x
Wed, 29 May 2024CA$101.1bCA$21.5b-CA$485,205,942.4517.7x-208.4x4.7x
Fri, 26 Apr 2024CA$96.1bCA$21.3b-CA$10,079,506.0419.3x-9532.2x4.5x
Sun, 24 Mar 2024CA$86.0bCA$21.0bCA$678.4m12.7x126.7x4.1x
Tue, 20 Feb 2024CA$77.3bCA$19.7bCA$371.6m12.9x208x3.9x
Thu, 18 Jan 2024CA$86.2bCA$23.7bCA$887.3m12.5x97.2x3.6x
Sat, 16 Dec 2023CA$89.1bCA$23.6bCA$841.5m12.7x105.9x3.8x
Mon, 13 Nov 2023CA$80.6bCA$23.7bCA$719.4m11.8x112.1x3.4x
Wed, 11 Oct 2023CA$89.2bCA$24.1bCA$1.1b10.2x84.6x3.7x
Fri, 08 Sep 2023CA$91.7bCA$24.1bCA$1.2b10.5x79.5x3.8x
Sun, 06 Aug 2023CA$96.7bCA$24.4bCA$1.1b11.9x85.4x4x
Tue, 04 Jul 2023CA$95.4bCA$26.1bCA$2.6b11x37.2x3.7x
Thu, 01 Jun 2023CA$89.2bCA$26.2bCA$2.7b11.8x33.1x3.4x
Sat, 29 Apr 2023CA$98.7bCA$26.3bCA$2.9b11.3x34.4x3.8x
Mon, 27 Mar 2023CA$88.4bCA$27.2bCA$3.2b7.7x27.8x3.3x
Wed, 22 Feb 2023CA$95.6bCA$29.9bCA$3.7b9.1x25.7x3.2x
Fri, 20 Jan 2023CA$93.4bCA$29.8bCA$3.8b8.4x24.9x3.1x
Price to Earnings Ratio

24.9x


Total Market Cap: CA$93.4bTotal Earnings: CA$3.8bTotal Revenue: CA$29.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 228.3x202420252026
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 24.6x 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 15% per year, which is driving profits down.

Industry Comparison

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

CA Market1.53%
Materials3.91%
Metals and Mining4.21%
Diversified Metals and Mining3.10%
Silver6.42%
Gold4.50%
Copper3.35%
Precious Metals and Minerals2.44%
Steel1.51%
Aluminum0%0
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
HBM Hudbay MineralsCA$31.325.8%
+CA$685.3m		148.2%PE19.4x
NGEX NGEx MineralsCA$29.786.9%
+CA$413.4m		104.5%PB49.1x
USA Americas Gold and SilverCA$8.4515.6%
+CA$349.6m		420.0%PS17.8x
UCU Ucore Rare MetalsCA$7.8835.9%
+CA$231.5m		885.0%PB18.4x
VMET Versamet RoyaltiesCA$15.8316.8%
+CA$212.9m		n/aPS54.2x

Latest News

NGEX
CA$29.78
NGEx Minerals
7D
6.9%
1Y
104.5%
NDM
CA$2.88
Northern Dynasty Minerals
7D
-5.9%
1Y
213.0%
AFM
CA$1.35
Alphamin Resources
7D
8.9%
1Y
28.6%
SCZ
CA$16.00
Santacruz Silver Mining
7D
10.3%
1Y
1,211.5%
USA
CA$8.45
Americas Gold and Silver
7D
15.6%
1Y
420.0%

USA: Crescent Mine Integration And Production Ramp Will Support Upside Potential

Analysts have modestly adjusted their price target on Americas Gold and Silver, reflecting updated views on revenue growth of 60.89%, a profit margin of 35.20%, and a future P/E of 18.10x, while keeping fair value steady at $9.38 per share. What's in the News Entered a binding purchase agreement to acquire 100% of Crescent Silver, LLC and its high grade Crescent Mine in Idaho for total consideration of about US$65 million, split between US$20 million in cash and roughly 11.1 million Americas Gold and Silver shares, with the mine described as fully permitted and located on privately owned land with existing infrastructure (Key Developments).
MDI
CA$14.20
Major Drilling Group International
7D
-2.9%
1Y
65.5%

MDI: Share Buybacks And New Drilling Contracts Will Support Future Upside

Analysts have maintained their price target for Major Drilling Group International at $20.00, citing only minor adjustments to their assumptions for the discount rate, revenue growth, profit margin, and future P/E as the primary reasons for keeping their outlook unchanged. What's in the News Zacatecas Silver Corp.
AII
CA$12.64
Almonty Industries
7D
-5.9%
1Y
768.7%
MNO
CA$1.52
Meridian Mining
7D
-2.6%
1Y
289.7%
HBM
CA$31.32
Hudbay Minerals
7D
5.8%
1Y
148.2%

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

Narrative Update: Hudbay Minerals The analyst price target for Hudbay Minerals edges higher in our model from $27.36 to $27.77, reflecting analysts' updated views on the company's diversified copper profile, refreshed metals price forecasts, and recent rounds of price target increases across several firms. Analyst Commentary Recent Street research on Hudbay Minerals centers on higher price targets in both U.S. dollar and Canadian dollar terms, alongside views on its copper exposure and project pipeline.
TI
CA$4.04
Titan Mining
7D
-4.7%
1Y
897.5%

Titan Mining Corporation's (TSE:TI) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Jan 06
Titan Mining Corporation's (TSE:TI) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
TECK.B
CA$70.15
Teck Resources
7D
-1.1%
1Y
14.9%

TECK.B: Cautious Outlook Will Hinge On Execution Of Critical Minerals Projects

Our fair value estimate for Teck Resources has been reduced from $50.00 to about $45.79 as analysts adjust price targets and ratings in response to more cautious views on revenue growth, profitability, and required returns. Analyst Commentary Recent Street research on Teck Resources reflects a more cautious stance, with several bearish analysts trimming price targets and reducing ratings as they reassess the risk and reward trade off.
CNL
CA$21.29
Collective Mining
7D
7.3%
1Y
235.8%
VMET
CA$15.83
Versamet Royalties
7D
16.8%
1Y
n/a
UCU
CA$7.88
Ucore Rare Metals
7D
35.9%
1Y
885.0%

Ucore Rare Metals (CVE:UCU) Is Carrying A Fair Bit Of Debt

Dec 25
Ucore Rare Metals (CVE:UCU) Is Carrying A Fair Bit Of Debt
BZ
CA$1.46
Benz Mining
7D
-8.2%
1Y
371.0%
SLS
CA$11.40
Solaris Resources
7D
-1.2%
1Y
139.0%