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Canadian (TSX) Gold Industry Analysis

UpdatedJan 27, 2025
DataAggregated Company Financials
Companies342
  • 7D2.6%
  • 3M-4.3%
  • 1Y38.4%
  • YTDn/a

In the last week, the Gold industry is up 2.6%, with Wheaton Precious Metals up 3.0%. During this same period, the NovaGold Resources underperformed, falling 9.5%. This takes the industry's 12 month performance to a gain of 38%. Earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

Has the Canadian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jan 2025CA$252.9bCA$61.4bCA$2.8b17.3x89.7x4.1x
Wed, 25 Dec 2024CA$234.1bCA$61.6bCA$2.8b13.8x82.8x3.8x
Fri, 22 Nov 2024CA$243.7bCA$59.7bCA$2.6b15.3x94x4.1x
Sun, 20 Oct 2024CA$267.6bCA$55.6bCA$1.5b19.7x174.7x4.8x
Tue, 17 Sep 2024CA$249.9bCA$55.1bCA$1.4b18.2x176.2x4.5x
Thu, 15 Aug 2024CA$231.4bCA$55.4bCA$1.4b19.5x166.7x4.2x
Sat, 13 Jul 2024CA$233.1bCA$54.6bCA$1.3b24.3x180.1x4.3x
Mon, 10 Jun 2024CA$210.6bCA$55.1bCA$1.3b21x167.3x3.8x
Wed, 08 May 2024CA$212.5bCA$54.6bCA$2.1b20x99.1x3.9x
Fri, 05 Apr 2024CA$206.6bCA$53.6bCA$2.0b18.4x104.7x3.9x
Sun, 03 Mar 2024CA$174.1bCA$54.1bCA$3.4b15x51.1x3.2x
Tue, 30 Jan 2024CA$190.4bCA$55.7bCA$569.0m12.9x334.6x3.4x
Thu, 28 Dec 2023CA$206.4bCA$54.9bCA$598.7m17x344.8x3.8x
Sat, 25 Nov 2023CA$197.5bCA$56.5bCA$669.7m13.3x294.9x3.5x
Mon, 23 Oct 2023CA$203.7bCA$55.0bCA$499.2m15.6x408.1x3.7x
Wed, 20 Sep 2023CA$201.2bCA$53.2bCA$493.4m14x407.8x3.8x
Fri, 18 Aug 2023CA$194.2bCA$53.4bCA$464.9m13.1x417.8x3.6x
Sun, 16 Jul 2023CA$208.1bCA$51.5b-CA$60,518,827.0013.7x-3439.4x4x
Tue, 13 Jun 2023CA$209.9bCA$51.8b-CA$60,677,467.0016.5x-3459.6x4.1x
Thu, 11 May 2023CA$235.5bCA$51.7bCA$270.1m17.5x871.7x4.6x
Sat, 08 Apr 2023CA$228.9bCA$52.2bCA$636.7m23.7x359.5x4.4x
Mon, 06 Mar 2023CA$198.6bCA$52.7bCA$2.8b20x70.1x3.8x
Wed, 01 Feb 2023CA$213.8bCA$54.0bCA$5.1b19.6x42.1x4x
Fri, 30 Dec 2022CA$194.5bCA$54.9bCA$5.2b16.3x37.5x3.5x
Sun, 27 Nov 2022CA$187.5bCA$54.0bCA$5.2b16.3x36.2x3.5x
Tue, 25 Oct 2022CA$168.0bCA$56.2bCA$6.4b14.7x26.3x3x
Thu, 22 Sep 2022CA$165.8bCA$54.9bCA$6.2b13.4x26.8x3x
Sat, 20 Aug 2022CA$168.2bCA$53.2bCA$6.0b12.5x27.9x3.2x
Mon, 18 Jul 2022CA$162.6bCA$53.1bCA$6.3b10.6x25.7x3.1x
Wed, 15 Jun 2022CA$191.6bCA$52.7bCA$6.4b12x30x3.6x
Fri, 13 May 2022CA$202.6bCA$52.5bCA$6.5b12.5x31.3x3.9x
Sun, 10 Apr 2022CA$242.5bCA$51.4bCA$7.3b11.7x33.3x4.7x
Tue, 08 Mar 2022CA$247.6bCA$55.5bCA$8.4b11.3x29.4x4.5x
Thu, 03 Feb 2022CA$210.5bCA$56.6bCA$9.9b10.4x21.3x3.7x
Price to Earnings Ratio

21.3x


Total Market Cap: CA$210.5bTotal Earnings: CA$9.9bTotal Revenue: CA$56.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 34x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 89.7x which is higher than its 3-year average PE of 34.0x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 34% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Gold compare with similar industries?

CA Market1.46%
Materials1.83%
Metals and Mining1.75%
Gold2.60%
Silver1.60%
Precious Metals and Minerals1.53%
Diversified Metals and Mining0.55%
Steel0.31%
Aluminum0%0
Copper-0.59%
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
WPM Wheaton Precious MetalsCA$86.073.0%
+CA$1.2b		36.9%PE44.7x
FNV Franco-NevadaCA$186.692.6%
+CA$895.1m		28.3%PS23x
AGI Alamos GoldCA$29.524.6%
+CA$542.2m		80.3%PE35.5x
K Kinross GoldCA$15.332.8%
+CA$516.2m		105.5%PE17.8x
IMG IAMGOLDCA$8.687.3%
+CA$337.0m		166.3%PE4.8x
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Latest News

CGG

CA$8.06

China Gold International Resources

7D

-2.9%

1Y

40.2%

BTO

CA$3.44

B2Gold

7D

-0.9%

1Y

-7.0%

IMG

CA$8.68

IAMGOLD

7D

7.3%

1Y

166.3%

EDV

CA$28.08

Endeavour Mining

7D

4.2%

1Y

15.6%

Insufficient Growth At Endeavour Mining plc (TSE:EDV) Hampers Share Price

Jan 21
Insufficient Growth At Endeavour Mining plc (TSE:EDV) Hampers Share Price

AMRQ

CA$1.97

Amaroq Minerals

7D

-4.4%

1Y

58.9%

GTWO

CA$2.38

G2 Goldfields

7D

-2.5%

1Y

221.6%

ASE

CA$0.93

Asante Gold

7D

-6.1%

1Y

-35.9%

ORA

CA$18.18

Aura Minerals

7D

-0.9%

1Y

102.0%

Aura Minerals Inc.'s (TSE:ORA) Business And Shares Still Trailing The Industry

Jan 16
Aura Minerals Inc.'s (TSE:ORA) Business And Shares Still Trailing The Industry

WPM

CA$86.07

Wheaton Precious Metals

7D

3.0%

1Y

36.9%

FNV

CA$186.69

Franco-Nevada

7D

2.6%

1Y

28.3%

K

CA$15.33

Kinross Gold

7D

2.8%

1Y

105.5%

NG

CA$4.31

NovaGold Resources

7D

-9.5%

1Y

13.1%

AGI

CA$29.52

Alamos Gold

7D

4.6%

1Y

80.3%

CXB

CA$2.57

Calibre Mining

7D

12.7%

1Y

94.7%

OR

CA$26.88

Osisko Gold Royalties

7D

-0.6%

1Y

42.1%

ELD

CA$22.27

Eldorado Gold

7D

6.1%

1Y

35.9%

Is Eldorado Gold (TSE:ELD) A Risky Investment?

Jan 03
Is Eldorado Gold (TSE:ELD) A Risky Investment?