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Canadian (TSX) Gold Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies343
  • 7D-2.3%
  • 3M-7.0%
  • 1Y18.9%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 2.3%, driven by pullbacks in Wheaton Precious Metals and Barrick Gold of 3.4% and 3.0%, respectively. This takes the industry's 12 month performance to a gain of 19%. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 01 Jan 2022CA$216.9bCA$56.4bCA$9.9b10.1x22x3.8x
Price to Earnings Ratio

22x


Total Market Cap: CA$216.9bTotal Earnings: CA$9.9bTotal Revenue: CA$56.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 32.1x202220232024
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 82.8x which is higher than its 3-year average PE of 32.1x.
  • 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 3.0% 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 Market-0.73%
Materials-1.58%
Metals and Mining-1.65%
Gold-2.27%
Copper0.86%
Steel0.13%
Diversified Metals and Mining0.082%
Aluminum0%
Precious Metals and Minerals-5.07%
Silver-5.34%
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
TXG Torex Gold ResourcesCA$28.093.6%
+CA$84.3m		78.9%PE13.5x
FNV Franco-NevadaCA$170.670.2%
+CA$69.3m		15.7%PS21x
CGG China Gold International ResourcesCA$6.942.5%
+CA$67.4m		24.2%PS3.6x
NFG New Found GoldCA$2.384.8%
+CA$21.9m		-48.9%PB6x
SGD Snowline GoldCA$5.122.4%
+CA$19.0m		-1.2%PB13.5x
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Latest News

NFG

CA$2.38

New Found Gold

7D

4.8%

1Y

-48.9%

SGD

CA$5.12

Snowline Gold

7D

2.4%

1Y

-1.2%

TSG

CA$0.14

TriStar Gold

7D

55.6%

1Y

55.6%

K

CA$13.54

Kinross Gold

7D

-1.2%

1Y

65.3%

Calculating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)

Dec 18
Calculating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)

ELD

CA$21.68

Eldorado Gold

7D

-5.1%

1Y

23.0%

Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity

Dec 17
Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity

AGI

CA$26.39

Alamos Gold

7D

-3.4%

1Y

42.7%

CGG

CA$6.94

China Gold International Resources

7D

2.5%

1Y

24.2%

Why Investors Shouldn't Be Surprised By China Gold International Resources Corp. Ltd.'s (TSE:CGG) 26% Share Price Surge

Dec 13
Why Investors Shouldn't Be Surprised By China Gold International Resources Corp. Ltd.'s (TSE:CGG) 26% Share Price Surge

TFPM

CA$21.81

Triple Flag Precious Metals

7D

-5.7%

1Y

22.5%

Triple Flag Precious Metals Corp.'s (TSE:TFPM) Business Is Yet to Catch Up With Its Share Price

Dec 12
Triple Flag Precious Metals Corp.'s (TSE:TFPM) Business Is Yet to Catch Up With Its Share Price

OLA

CA$7.92

Orla Mining

7D

0.6%

1Y

76.0%

Optimistic Investors Push Orla Mining Ltd. (TSE:OLA) Shares Up 30% But Growth Is Lacking

Dec 12
Optimistic Investors Push Orla Mining Ltd. (TSE:OLA) Shares Up 30% But Growth Is Lacking

FNV

CA$170.67

Franco-Nevada

7D

0.2%

1Y

15.7%

ABX

CA$22.55

Barrick Gold

7D

-3.0%

1Y

-6.5%

WPM

CA$82.62

Wheaton Precious Metals

7D

-3.4%

1Y

24.9%

Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

Nov 28
Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

NGD

CA$3.62

New Gold

7D

-5.5%

1Y

78.3%

Is New Gold (TSE:NGD) A Risky Investment?

Nov 26
Is New Gold (TSE:NGD) A Risky Investment?

CXB

CA$2.13

Calibre Mining

7D

-9.4%

1Y

53.2%

Calibre Mining Corp. (TSE:CXB) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Nov 08
Calibre Mining Corp. (TSE:CXB) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

TXG

CA$28.09

Torex Gold Resources

7D

3.6%

1Y

78.9%

SAU

CA$0.085

St. Augustine Gold and Copper

7D

21.4%

1Y

-10.5%