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Canadian (TSX) Gold Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies368
  • 7D0.4%
  • 3M-3.5%
  • 1Y-8.3%
  • YTDn/a

Over the last 7 days, the Gold industry has remained flat. As for the longer term, the industry has declined 8.3% in the last year. 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
Mon, 18 Mar 2024CA$187.1bCA$54.3bCA$2.1b16.8x89.4x3.4x
Wed, 14 Feb 2024CA$167.6bCA$53.1bCA$2.2b15.3x76.6x3.2x
Fri, 12 Jan 2024CA$195.5bCA$55.7bCA$639.9m14.9x305.5x3.5x
Sun, 10 Dec 2023CA$198.8bCA$56.3bCA$672.2m15.1x295.8x3.5x
Tue, 07 Nov 2023CA$200.3bCA$56.2bCA$896.7m16.5x223.4x3.6x
Thu, 05 Oct 2023CA$183.5bCA$55.0bCA$523.5m13.9x350.5x3.3x
Sat, 02 Sep 2023CA$202.3bCA$53.6bCA$577.1m15.7x350.5x3.8x
Mon, 31 Jul 2023CA$202.9bCA$51.7bCA$99.6m15.8x2036.5x3.9x
Wed, 28 Jun 2023CA$198.4bCA$51.3b-CA$145,496,015.0014.4x-1363.8x3.9x
Fri, 26 May 2023CA$214.4bCA$52.4bCA$63.1m15x3399.3x4.1x
Sun, 23 Apr 2023CA$226.4bCA$52.3bCA$660.8m17.5x342.6x4.3x
Tue, 21 Mar 2023CA$212.8bCA$52.8bCA$2.3b21.4x93.6x4x
Thu, 16 Feb 2023CA$195.0bCA$53.6bCA$3.2b20.1x61.6x3.6x
Sat, 14 Jan 2023CA$214.5bCA$54.3bCA$5.1b19.4x41.9x3.9x
Mon, 12 Dec 2022CA$193.3bCA$55.1bCA$5.3b16.4x36.5x3.5x
Wed, 09 Nov 2022CA$168.6bCA$54.4bCA$5.7b13.5x29.4x3.1x
Fri, 07 Oct 2022CA$179.6bCA$56.2bCA$6.4b13.9x28.1x3.2x
Sun, 04 Sep 2022CA$161.3bCA$53.7bCA$6.0b13.8x26.8x3x
Tue, 02 Aug 2022CA$169.1bCA$52.7bCA$6.5b10.5x26.1x3.2x
Thu, 30 Jun 2022CA$181.3bCA$52.6bCA$6.4b11.4x28.4x3.4x
Sat, 28 May 2022CA$200.5bCA$51.9bCA$6.2b12.9x32.4x3.9x
Mon, 25 Apr 2022CA$230.0bCA$51.2bCA$7.4b11.3x31.3x4.5x
Wed, 23 Mar 2022CA$246.6bCA$55.2bCA$8.3b11.2x29.6x4.5x
Fri, 18 Feb 2022CA$236.5bCA$56.6bCA$10.0b10.3x23.8x4.2x
Sun, 16 Jan 2022CA$208.0bCA$55.9bCA$9.8b9.8x21.3x3.7x
Tue, 14 Dec 2021CA$208.5bCA$57.1bCA$10.0b9.6x20.9x3.7x
Thu, 11 Nov 2021CA$224.0bCA$55.3bCA$9.9b10.8x22.7x4x
Sat, 09 Oct 2021CA$205.1bCA$56.3bCA$10.9b9.1x18.9x3.6x
Mon, 06 Sep 2021CA$225.3bCA$55.9bCA$10.8b12.2x20.8x4x
Wed, 04 Aug 2021CA$233.7bCA$55.9bCA$10.9b11x21.5x4.2x
Sat, 08 May 2021CA$219.1bCA$54.2bCA$9.9b14.7x22.1x4x
Price to Earnings Ratio

20.6x


Total Market Cap: CA$205.4bTotal Earnings: CA$10.0bTotal Revenue: CA$54.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 1.8x202220232024
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 89.4x which is higher than its 3-year average PE of 1.8x.
  • 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 41% 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 Market0.35%
Materials2.73%
Metals and Mining3.51%
Gold0.38%
Copper13.74%
Diversified Metals and Mining6.97%
Silver5.09%
Precious Metals and Minerals3.79%
Aluminum0%
Steel-2.62%
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
FNV Franco-NevadaCA$154.971.1%
+CA$311.3m
-21.6%PS18.1x
CGG China Gold International ResourcesCA$8.127.7%
+CA$229.9m
68.8%PE60.1x
K Kinross GoldCA$7.702.3%
+CA$208.7m
32.3%PE16.8x
ELD Eldorado GoldCA$17.616.1%
+CA$204.4m
28.4%PE24.1x
EDV Endeavour MiningCA$26.002.1%
+CA$129.2m
-15.1%PS1.9x
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Latest News

EDV

CA$26.00

Endeavour Mining

7D

2.1%

1Y

-15.1%

WPM

CA$60.13

Wheaton Precious Metals

7D

-0.8%

1Y

-4.5%

AGI

CA$18.41

Alamos Gold

7D

-0.8%

1Y

18.4%

IAU

CA$2.02

i-80 Gold

7D

-5.2%

1Y

-34.0%

BTO

CA$3.54

B2Gold

7D

-1.9%

1Y

-30.3%

ELD

CA$17.61

Eldorado Gold

7D

6.1%

1Y

28.4%

SSRM

CA$5.40

SSR Mining

7D

-8.0%

1Y

-72.4%

FNV

CA$154.97

Franco-Nevada

7D

1.1%

1Y

-21.6%

EQX

CA$7.02

Equinox Gold

7D

5.9%

1Y

12.7%

K

CA$7.70

Kinross Gold

7D

2.3%

1Y

32.3%

ABX

CA$21.36

Barrick Gold

7D

-0.2%

1Y

-14.2%

CGG

CA$8.12

China Gold International Resources

7D

7.7%

1Y

68.8%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%