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Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies696
  • 7D6.5%
  • 3M16.6%
  • 1Y53.1%
  • YTDn/a

The Diversified Metals and Mining industry is up 6.1% in the last week, with Teck Resources up 4.2%. In the same time, Blackrock Silver was down 11%. This takes the industry's 12 month performance to a gain of 50%. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Jan 2026CA$147.7bCA$18.1b-CA$322,226,170.5021.6x-458.3x8.2x
Mon, 08 Dec 2025CA$127.8bCA$18.0b-CA$289,486,223.0618.4x-441.5x7.1x
Wed, 05 Nov 2025CA$118.1bCA$18.3b-CA$305,966,591.3518.1x-386.1x6.5x
Fri, 03 Oct 2025CA$116.9bCA$17.5b-CA$1,251,835,996.0720.4x-93.4x6.7x
Sun, 31 Aug 2025CA$92.3bCA$17.3b-CA$1,255,094,166.5715.2x-73.5x5.3x
Tue, 29 Jul 2025CA$85.8bCA$16.9b-CA$1,276,837,427.1418.3x-67.2x5.1x
Thu, 26 Jun 2025CA$82.5bCA$16.7b-CA$1,520,935,135.8113x-54.3x4.9x
Sat, 24 May 2025CA$80.6bCA$17.0b-CA$1,272,334,991.1411.4x-63.4x4.7x
Mon, 21 Apr 2025CA$76.2bCA$16.1b-CA$2,305,749,638.0210.6x-33x4.7x
Wed, 19 Mar 2025CA$88.7bCA$16.3b-CA$2,053,767,969.5010.8x-43.2x5.5x
Fri, 14 Feb 2025CA$92.1bCA$23.7b-CA$238,977,275.5110.7x-385.5x3.9x
Sun, 12 Jan 2025CA$95.1bCA$23.8b-CA$429,047,094.9313x-221.6x4x
Tue, 10 Dec 2024CA$97.5bCA$23.7b-CA$442,098,450.9513.5x-220.6x4.1x
Thu, 07 Nov 2024CA$101.3bCA$23.5b-CA$346,842,878.1213.1x-292.1x4.3x
Sat, 05 Oct 2024CA$100.9bCA$22.3b-CA$89,851,689.7317.9x-1122.7x4.5x
Mon, 02 Sep 2024CA$94.3bCA$22.0b-CA$493,504,714.0917.1x-191.1x4.3x
Wed, 31 Jul 2024CA$93.8bCA$22.0b-CA$427,323,541.3614.2x-219.5x4.3x
Fri, 28 Jun 2024CA$92.8bCA$21.5b-CA$356,309,973.7514.7x-260.5x4.3x
Sun, 26 May 2024CA$100.1bCA$21.5b-CA$481,286,518.7318.1x-208.1x4.7x
Tue, 23 Apr 2024CA$94.9bCA$21.1bCA$808.8m18.5x117.4x4.5x
Thu, 21 Mar 2024CA$84.9bCA$20.9bCA$713.4m13.3x119.1x4.1x
Sat, 17 Feb 2024CA$76.1bCA$19.6bCA$371.1m12.7x205x3.9x
Mon, 15 Jan 2024CA$88.6bCA$23.6bCA$891.4m12.2x99.4x3.7x
Wed, 13 Dec 2023CA$84.9bCA$23.7bCA$856.7m12.4x99x3.6x
Fri, 10 Nov 2023CA$80.8bCA$23.7bCA$725.0m12.6x111.5x3.4x
Sun, 08 Oct 2023CA$92.3bCA$24.1bCA$1.1b10.2x85.5x3.8x
Tue, 05 Sep 2023CA$94.3bCA$24.1bCA$1.2b11.2x81.8x3.9x
Thu, 03 Aug 2023CA$96.8bCA$24.4bCA$1.4b11.9x69.4x4x
Sat, 01 Jul 2023CA$95.4bCA$26.1bCA$2.6b11x37.3x3.7x
Mon, 29 May 2023CA$90.0bCA$26.2bCA$2.7b13.7x33.3x3.4x
Wed, 26 Apr 2023CA$96.4bCA$27.1bCA$3.2b8.3x29.7x3.6x
Fri, 24 Mar 2023CA$88.2bCA$27.2bCA$3.2b7.5x27.7x3.2x
Sun, 19 Feb 2023CA$96.4bCA$29.8bCA$3.7b9.4x25.9x3.2x
Tue, 17 Jan 2023CA$92.3bCA$29.8bCA$3.8b8.7x24.6x3.1x
Price to Earnings Ratio

24.6x


Total Market Cap: CA$92.3bTotal 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 229.6x202420252026
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 8.3x.
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 15% per year, which is driving profits down.

Industry Comparison

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

CA Market1.91%
Materials7.40%
Metals and Mining8.09%
Diversified Metals and Mining6.49%
Silver11.17%
Gold8.56%
Copper6.58%
Steel5.19%
Precious Metals and Minerals5.12%
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
TECK.B Teck ResourcesCA$68.994.5%
+CA$1.5b		13.7%PE27.1x
HBM Hudbay MineralsCA$30.008.7%
+CA$950.8m		137.5%PE18.5x
NGEX NGEx MineralsCA$28.3413.1%
+CA$712.0m		94.2%PB46.7x
USA Americas Gold and SilverCA$8.0715.3%
+CA$328.2m		385.4%PS17x
LAC Lithium AmericasCA$7.4914.4%
+CA$285.3m		65.0%PB3.4x

Latest News

LAR
CA$9.73
Lithium Argentina
7D
18.7%
1Y
135.6%
BRC
CA$1.36
Blackrock Silver
7D
-4.2%
1Y
253.2%
HBM
CA$30.00
Hudbay Minerals
7D
8.7%
1Y
137.5%

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.
USA
CA$8.07
Americas Gold and Silver
7D
15.3%
1Y
385.4%
IVN
CA$16.23
Ivanhoe Mines
7D
1.2%
1Y
-6.0%

IVN: Future Copper Output Will Strengthen As Kamoa Kakula Expansion Advances

Narrative Update The analyst price target for Ivanhoe Mines has moved modestly higher to $18.03 from $17.95, as analysts factor in refreshed sector price forecasts, a slightly lower discount rate, marginally higher revenue growth and profit margin assumptions, and updated P/E expectations against a mixed global demand backdrop. Analyst Commentary Recent Street research on Ivanhoe Mines points to a generally constructive tone, with price targets refreshed and some macro risks still front of mind for investors.
GQC
CA$1.63
Goldquest Mining
7D
-1.8%
1Y
443.3%
AGX
CA$0.95
Silver X Mining
7D
-12.8%
1Y
363.4%
CRI
CA$0.19
Churchill Resources
7D
-26.9%
1Y
375.0%
TECK.B
CA$68.99
Teck Resources
7D
4.5%
1Y
13.7%

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.
LAC
CA$7.49
Lithium Americas
7D
14.4%
1Y
65.0%
FOM
CA$5.52
Foran Mining
7D
8.9%
1Y
40.1%
BZ
CA$1.54
Benz Mining
7D
-2.5%
1Y
413.3%
NGEX
CA$28.34
NGEx Minerals
7D
13.1%
1Y
94.2%
MAI
CA$5.15
Minera Alamos
7D
-2.8%
1Y
80.7%
MKA
CA$0.78
Mkango Resources
7D
-9.3%
1Y
300.0%
CTH
CA$1.71
CoTec Holdings
7D
-10.0%
1Y
155.2%

Here's Why We're Not Too Worried About CoTec Holdings' (CVE:CTH) Cash Burn Situation

Nov 22
Here's Why We're Not Too Worried About CoTec Holdings' (CVE:CTH) Cash Burn Situation