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Canadian (TSX) Gold Industry Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies358
  • 7D-2.8%
  • 3M30.0%
  • 1Y7.9%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 2.8%, driven by Barrick Gold declining 4.4%. Over the past 12 months, the industry was up 7.9%. As for the next few years, earnings are expected to grow by 33% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024CA$219.9bCA$54.7bCA$1.2b19.7x177.8x4x
Tue, 23 Apr 2024CA$211.8bCA$54.4bCA$2.0b19.7x103.7x3.9x
Thu, 21 Mar 2024CA$183.2bCA$54.1bCA$2.0b16.5x92.9x3.4x
Sat, 17 Feb 2024CA$172.0bCA$53.3bCA$4.0b15.1x42.5x3.2x
Mon, 15 Jan 2024CA$199.5bCA$55.7bCA$602.5m15.1x331.2x3.6x
Wed, 13 Dec 2023CA$192.7bCA$56.4bCA$673.5m15.2x286.2x3.4x
Fri, 10 Nov 2023CA$191.6bCA$57.2bCA$1.1b16.5x177.6x3.4x
Sun, 08 Oct 2023CA$187.0bCA$54.9bCA$505.8m14.2x369.7x3.4x
Tue, 05 Sep 2023CA$202.3bCA$53.6bCA$573.4m14x352.9x3.8x
Thu, 03 Aug 2023CA$197.9bCA$52.2b-CA$16,841,471.0014.6x-11749x3.8x
Sat, 01 Jul 2023CA$201.0bCA$51.5b-CA$44,240,726.0013x-4544x3.9x
Mon, 29 May 2023CA$211.6bCA$52.5bCA$79.5m15.2x2660.6x4x
Wed, 26 Apr 2023CA$229.6bCA$52.6bCA$688.4m19x333.5x4.4x
Fri, 24 Mar 2023CA$214.7bCA$53.0bCA$2.3b21.4x93.2x4.1x
Sun, 19 Feb 2023CA$194.2bCA$52.4bCA$2.9b21.4x67.7x3.7x
Tue, 17 Jan 2023CA$213.4bCA$54.4bCA$5.1b19.4x41.5x3.9x
Thu, 15 Dec 2022CA$196.0bCA$54.8bCA$5.3b16.4x37.2x3.6x
Sat, 12 Nov 2022CA$185.3bCA$53.3bCA$5.5b14.4x33.7x3.5x
Mon, 10 Oct 2022CA$171.7bCA$56.0bCA$6.4b13.7x27x3.1x
Wed, 07 Sep 2022CA$159.3bCA$53.8bCA$6.0b13.8x26.4x3x
Fri, 05 Aug 2022CA$170.4bCA$52.8bCA$5.9b10.5x29.1x3.2x
Sun, 03 Jul 2022CA$174.4bCA$52.7bCA$6.4b10.8x27.3x3.3x
Tue, 31 May 2022CA$201.5bCA$51.5bCA$6.1b13x32.9x3.9x
Thu, 28 Apr 2022CA$216.6bCA$51.8bCA$7.4b11.1x29.1x4.2x
Sat, 26 Mar 2022CA$248.9bCA$54.8bCA$8.3b11.3x30.1x4.5x
Mon, 21 Feb 2022CA$235.0bCA$56.5bCA$9.0b10.5x26.1x4.2x
Wed, 19 Jan 2022CA$205.8bCA$55.9bCA$9.8b9.8x21.1x3.7x
Fri, 17 Dec 2021CA$210.2bCA$56.9bCA$9.9b9.8x21.2x3.7x
Sun, 14 Nov 2021CA$236.9bCA$56.0bCA$9.9b11x23.9x4.2x
Tue, 12 Oct 2021CA$205.1bCA$56.2bCA$10.9b9.1x18.9x3.6x
Thu, 09 Sep 2021CA$219.1bCA$55.9bCA$10.8b11.5x20.2x3.9x
Sat, 07 Aug 2021CA$225.2bCA$55.9bCA$10.9b11.6x20.7x4x
Price to Earnings Ratio

24.1x


Total Market Cap: CA$241.6bTotal Earnings: CA$10.0bTotal Revenue: CA$54.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 7.7x202220232024
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 178x which is higher than its 3-year average PE of 7.7x.
  • 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 50% 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 Market-0.60%
Materials-2.91%
Metals and Mining-3.77%
Gold-2.81%
Steel1.00%
Aluminum0%
Silver-2.99%
Precious Metals and Minerals-3.19%
Diversified Metals and Mining-5.21%
Copper-6.31%
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
K Kinross GoldCA$11.041.5%
+CA$196.6m
70.9%PE22.9x
TFPM Triple Flag Precious MetalsCA$24.252.8%
+CA$132.8m
29.3%PE96x
NG NovaGold ResourcesCA$4.943.6%
+CA$56.8m
-31.5%PE-26x
ARTG Artemis GoldCA$10.812.5%
+CA$52.5m
133.5%PB3.8x
ORA Aura MineralsCA$12.905.9%
+CA$52.0m
28.7%PE170.3x
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Latest News

IMG

CA$5.48

IAMGOLD

7D

-11.2%

1Y

49.7%

ABX

CA$23.27

Barrick Gold

7D

-4.4%

1Y

0.6%

TFPM

CA$24.25

Triple Flag Precious Metals

7D

2.8%

1Y

29.3%

K

CA$11.04

Kinross Gold

7D

1.5%

1Y

70.9%

WPM

CA$77.08

Wheaton Precious Metals

7D

-0.7%

1Y

26.8%

EDV

CA$29.07

Endeavour Mining

7D

-3.7%

1Y

-13.1%

FNV

CA$166.72

Franco-Nevada

7D

-4.6%

1Y

-16.0%

GAU

CA$2.47

Galiano Gold

7D

5.6%

1Y

216.7%

ARTG

CA$10.81

Artemis Gold

7D

2.5%

1Y

133.5%

NGD

CA$2.69

New Gold

7D

-7.2%

1Y

74.7%

PPTA

CA$8.12

Perpetua Resources

7D

5.7%

1Y

38.8%

AGI

CA$22.66

Alamos Gold

7D

-2.6%

1Y

34.6%

BTO

CA$3.75

B2Gold

7D

-4.8%

1Y

-26.5%

ELD

CA$21.32

Eldorado Gold

7D

-3.3%

1Y

53.8%

NG

CA$4.94

NovaGold Resources

7D

3.6%

1Y

-31.5%