Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Gold Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies343
  • 7D8.1%
  • 3M3.2%
  • 1Y30.7%
  • YTDn/a

Barrick Gold is up 8.7%, leading the way for the Gold industry, which has gained 8.1%. This takes the industry's 12 month performance to a gain of 30%. Looking forward, earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024CA$248.6bCA$59.7bCA$2.5b15.3x97.9x4.2x
Tue, 22 Oct 2024CA$267.6bCA$55.8bCA$1.5b19.6x174x4.8x
Thu, 19 Sep 2024CA$247.4bCA$55.3bCA$1.4b17.8x173.5x4.5x
Sat, 17 Aug 2024CA$230.5bCA$55.5bCA$1.4b17.4x159.5x4.2x
Mon, 15 Jul 2024CA$235.8bCA$54.6bCA$1.3b23.3x181.6x4.3x
Wed, 12 Jun 2024CA$213.8bCA$55.1bCA$1.3b20.5x170.3x3.9x
Fri, 10 May 2024CA$213.4bCA$54.5bCA$1.5b20.4x138.9x3.9x
Sun, 07 Apr 2024CA$209.3bCA$53.8bCA$2.0b18.3x105.6x3.9x
Tue, 05 Mar 2024CA$179.8bCA$54.2bCA$3.4b15.9x52.7x3.3x
Thu, 01 Feb 2024CA$191.1bCA$55.8bCA$577.5m16.8x330.9x3.4x
Sat, 30 Dec 2023CA$202.8bCA$55.1bCA$609.7m16.1x332.7x3.7x
Mon, 27 Nov 2023CA$197.4bCA$56.5bCA$673.2m14x293.1x3.5x
Wed, 25 Oct 2023CA$202.7bCA$55.0bCA$494.5m15.6x409.9x3.7x
Fri, 22 Sep 2023CA$199.9bCA$54.2bCA$458.4m13.8x436.1x3.7x
Sun, 20 Aug 2023CA$192.1bCA$53.4bCA$471.2m13.1x407.6x3.6x
Tue, 18 Jul 2023CA$208.2bCA$51.3b-CA$68,077,286.0014x-3057.6x4.1x
Thu, 15 Jun 2023CA$207.7bCA$51.7b-CA$66,154,758.0016.2x-3138.9x4x
Sat, 13 May 2023CA$231.0bCA$52.4bCA$279.5m17.3x826.6x4.4x
Mon, 10 Apr 2023CA$228.9bCA$52.2bCA$639.2m23.7x358.1x4.4x
Wed, 08 Mar 2023CA$191.1bCA$53.3bCA$2.9b20.4x66.2x3.6x
Fri, 03 Feb 2023CA$212.0bCA$54.0bCA$5.1b19.8x41.7x3.9x
Sun, 01 Jan 2023CA$194.5bCA$54.9bCA$5.2b16.5x37.5x3.5x
Tue, 29 Nov 2022CA$182.4bCA$54.3bCA$5.2b15.5x35x3.4x
Thu, 27 Oct 2022CA$168.1bCA$55.4bCA$6.3b14.2x26.8x3x
Sat, 24 Sep 2022CA$158.2bCA$55.5bCA$6.3b13.8x25.2x2.8x
Mon, 22 Aug 2022CA$168.2bCA$53.2bCA$6.0b12.5x27.9x3.2x
Wed, 20 Jul 2022CA$162.6bCA$53.1bCA$6.3b10.6x25.7x3.1x
Fri, 17 Jun 2022CA$194.9bCA$52.8bCA$6.4b12.3x30.5x3.7x
Sun, 15 May 2022CA$195.2bCA$52.5bCA$6.2b12.4x31.3x3.7x
Tue, 12 Apr 2022CA$243.6bCA$51.6bCA$7.3b11.9x33.4x4.7x
Thu, 10 Mar 2022CA$253.0bCA$55.7bCA$8.5b11.3x29.9x4.5x
Sat, 05 Feb 2022CA$210.4bCA$56.9bCA$9.9b10x21.2x3.7x
Mon, 03 Jan 2022CA$216.9bCA$56.4bCA$9.9b10.1x22x3.8x
Wed, 01 Dec 2021CA$218.9bCA$57.0bCA$10.0b9.9x21.9x3.8x
Price to Earnings Ratio

21.9x


Total Market Cap: CA$218.9bTotal Earnings: CA$10.0bTotal Revenue: CA$57.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 30.2x202220232024
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 97.1x which is higher than its 3-year average PE of 30.2x.
  • 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 37% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market2.15%
Materials5.71%
Metals and Mining6.58%
Gold8.09%
Copper6.30%
Diversified Metals and Mining4.46%
Precious Metals and Minerals3.60%
Silver2.23%
Steel1.71%
Aluminum0%
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
ABX Barrick GoldCA$25.498.7%
+CA$3.5b		15.6%PE19.6x
WPM Wheaton Precious MetalsCA$89.197.9%
+CA$3.0b		39.4%PE47.5x
FNV Franco-NevadaCA$172.867.7%
+CA$2.4b		8.2%PS21.9x
K Kinross GoldCA$14.279.4%
+CA$1.5b		87.3%PE17x
LUG Lundin GoldCA$33.3010.8%
+CA$780.1m		119.4%PE18.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

FF

CA$0.13

First Mining Gold

7D

-13.8%

1Y

0%

K

CA$14.27

Kinross Gold

7D

9.4%

1Y

87.3%

ARTG

CA$14.78

Artemis Gold

7D

20.4%

1Y

148.0%

ABX

CA$25.49

Barrick Gold

7D

8.7%

1Y

15.6%

AGI

CA$26.41

Alamos Gold

7D

6.9%

1Y

41.7%

PPTA

CA$13.79

Perpetua Resources

7D

-7.9%

1Y

223.7%

LUG

CA$33.30

Lundin Gold

7D

10.8%

1Y

119.4%

Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

Nov 15
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

NFG

CA$2.29

New Found Gold

7D

-12.3%

1Y

-53.5%

IMG

CA$7.99

IAMGOLD

7D

14.8%

1Y

145.1%

RUP

CA$4.08

Rupert Resources

7D

-6.2%

1Y

23.6%

GOLD

CA$1.22

GoldMining

7D

-6.2%

1Y

2.5%

WPM

CA$89.19

Wheaton Precious Metals

7D

7.9%

1Y

39.4%

FNV

CA$172.86

Franco-Nevada

7D

7.7%

1Y

8.2%

AMRQ

CA$1.38

Amaroq Minerals

7D

-5.5%

1Y

40.8%

RBX

CA$2.43

Robex Resources

7D

-4.7%

1Y

-8.3%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%