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Canadian (TSX) Gold Industry Analysis

UpdatedJul 27, 2025
DataAggregated Company Financials
Companies339
  • 7D3.8%
  • 3M9.2%
  • 1Y51.5%
  • YTDn/a

The Gold industry is up 3.8% in the last week, with Wheaton Precious Metals up 6.3%. In the same time, Orla Mining was down 9.3%. This means that the industry has gained 52% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Jul 2025CA$373.2bCA$72.9bCA$9.5b20.4x39.1x5.1x
Tue, 24 Jun 2025CA$349.9bCA$67.4bCA$9.0b16.8x39.1x5.2x
Thu, 22 May 2025CA$282.9bCA$50.3bCA$5.9b20.3x48x5.6x
Sat, 19 Apr 2025CA$331.0bCA$63.7bCA$7.2b19.2x46x5.2x
Mon, 17 Mar 2025CA$294.5bCA$65.2bCA$7.0b15.7x42.2x4.5x
Wed, 12 Feb 2025CA$278.5bCA$61.2bCA$2.8b18.4x98.4x4.6x
Fri, 10 Jan 2025CA$245.2bCA$61.6bCA$2.8b14.9x86.5x4x
Sun, 08 Dec 2024CA$242.1bCA$60.6bCA$2.7b13.9x90.3x4x
Tue, 05 Nov 2024CA$255.9bCA$56.1bCA$1.7b20x147.3x4.6x
Thu, 03 Oct 2024CA$243.3bCA$54.4bCA$1.5b18.1x165.1x4.5x
Sat, 31 Aug 2024CA$237.7bCA$54.7bCA$1.4b19.6x170.9x4.3x
Mon, 29 Jul 2024CA$227.1bCA$54.9bCA$1.8b19.9x123.9x4.1x
Wed, 26 Jun 2024CA$211.7bCA$54.7bCA$1.3b20.3x165.9x3.9x
Fri, 24 May 2024CA$221.2bCA$55.0bCA$1.3b19.1x176.8x4x
Sun, 21 Apr 2024CA$211.7bCA$54.4bCA$2.0b19.7x103.4x3.9x
Tue, 19 Mar 2024CA$186.3bCA$54.2bCA$2.1b16.4x89.1x3.4x
Thu, 15 Feb 2024CA$167.6bCA$53.1bCA$2.2b15.5x77.4x3.2x
Sat, 13 Jan 2024CA$199.5bCA$55.7bCA$602.5m15.1x331.2x3.6x
Mon, 11 Dec 2023CA$198.8bCA$56.3bCA$672.2m15.1x295.8x3.5x
Wed, 08 Nov 2023CA$199.2bCA$56.4bCA$914.8m15.6x217.8x3.5x
Fri, 06 Oct 2023CA$184.7bCA$55.0bCA$516.6m14x357.6x3.4x
Sun, 03 Sep 2023CA$202.3bCA$53.6bCA$578.1m15.7x349.9x3.8x
Tue, 01 Aug 2023CA$205.8bCA$51.5bCA$86.7m16.1x2373.7x4x
Thu, 29 Jun 2023CA$195.7bCA$51.6b-CA$51,403,778.0013x-3807.4x3.8x
Sat, 27 May 2023CA$211.5bCA$52.5bCA$74.2m15.2x2851.9x4x
Mon, 24 Apr 2023CA$226.4bCA$52.3bCA$663.3m17.5x341.3x4.3x
Wed, 22 Mar 2023CA$207.4bCA$52.9bCA$2.3b20.8x90.8x3.9x
Fri, 17 Feb 2023CA$195.4bCA$53.8bCA$3.2b20.2x61.3x3.6x
Sun, 15 Jan 2023CA$214.5bCA$54.3bCA$5.1b19.4x41.9x3.9x
Tue, 13 Dec 2022CA$193.3bCA$55.1bCA$5.3b16.1x36.5x3.5x
Thu, 10 Nov 2022CA$176.1bCA$54.0bCA$5.5b14.3x31.9x3.3x
Sat, 08 Oct 2022CA$171.6bCA$56.0bCA$6.4b13.7x27x3.1x
Mon, 05 Sep 2022CA$161.3bCA$53.7bCA$6.0b13.8x26.8x3x
Wed, 03 Aug 2022CA$167.6bCA$52.9bCA$6.5b10.4x25.8x3.2x
Price to Earnings Ratio

25.8x


Total Market Cap: CA$167.6bTotal Earnings: CA$6.5bTotal Revenue: CA$52.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 37.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Gold industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 37.2x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Gold compare with similar industries?

CA Market0.68%
Materials2.22%
Metals and Mining2.69%
Gold3.81%
Silver4.40%
Steel3.69%
Copper1.70%
Precious Metals and Minerals1.67%
Aluminum0%0
Diversified Metals and Mining-1.78%
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$128.836.3%
+CA$3.5b		59.7%PE68.9x
ABX Barrick MiningCA$29.845.0%
+CA$2.4b		21.3%PE16.1x
FNV Franco-NevadaCA$223.265.3%
+CA$2.2b		29.5%PE50.8x
K Kinross GoldCA$22.085.1%
+CA$1.3b		85.2%PE16.3x
AGI Alamos GoldCA$35.494.0%
+CA$567.8m		55.5%PE42.3x

Latest News

FNV
CA$223.26
Franco-Nevada
7D
5.3%
1Y
29.5%

Franco-Nevada (TSE:FNV) Might Have The Makings Of A Multi-Bagger

Jul 26
Franco-Nevada (TSE:FNV) Might Have The Makings Of A Multi-Bagger
WPM
CA$128.83
Wheaton Precious Metals
7D
6.3%
1Y
59.7%

Wheaton Precious Metals Corp.'s (TSE:WPM) Earnings Haven't Escaped The Attention Of Investors

Jul 23
Wheaton Precious Metals Corp.'s (TSE:WPM) Earnings Haven't Escaped The Attention Of Investors
K
CA$22.08
Kinross Gold
7D
5.1%
1Y
85.2%
AGI
CA$35.49
Alamos Gold
7D
4.0%
1Y
55.5%

Is Alamos Gold (TSE:AGI) A Risky Investment?

Jul 18
Is Alamos Gold (TSE:AGI) A Risky Investment?
ABX
CA$29.84
Barrick Mining
7D
5.0%
1Y
21.3%
EDV
CA$42.01
Endeavour Mining
7D
3.5%
1Y
39.1%
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Global Gold Demand And Operational Excellence Will Unlock Future Value

Strong gold demand and operational flexibility enhance revenue and margins, while ESG investments may lower capital costs and improve valuation from sustainability-focused investors.
ESAU
CA$0.98
ESGold
7D
-23.4%
1Y
653.8%
GTWO
CA$2.75
G2 Goldfields
7D
-4.5%
1Y
76.3%
AAUC
CA$18.28
Allied Gold
7D
-1.2%
1Y
86.3%
ONYX
CA$1.86
Onyx Gold
7D
-18.1%
1Y
708.7%
OLA
CA$14.29
Orla Mining
7D
-9.3%
1Y
177.5%
ELD
CA$28.38
Eldorado Gold
7D
4.8%
1Y
27.9%

A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price

Jul 10
A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price
SXGC
CA$5.06
Southern Cross Gold Consolidated
7D
-4.7%
1Y
n/a
PPTA
CA$22.23
Perpetua Resources
7D
-5.8%
1Y
140.1%
SKE
CA$21.16
Skeena Resources
7D
-5.3%
1Y
143.8%
PAAS
CA$39.94
Pan American Silver
7D
3.6%
1Y
34.4%