Has the Canadian Precious Metals and Minerals Industry valuation changed over the past few years?

Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically. The industry is trading at a PE ratio of 15.0x which is lower than its 3-year average PE of 27.5x.

How does Canadian Precious Metals and Minerals compare with similar industries?

There is insufficient data on the sub-industries of this industry.

Canadian (TSX) Precious Metals and Minerals Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	CA$5.4b	CA$877.5m	-CA$117,036,979.00	15x
Mon, 25 Apr 2022	CA$6.2b	CA$796.9m	-CA$52,344,243.00	25x
Wed, 23 Mar 2022	CA$6.6b	CA$823.9m	-CA$444,509,655.00	29.7x
Fri, 18 Feb 2022	CA$6.1b	CA$799.8m	-CA$451,766,463.00	15.1x
Sun, 16 Jan 2022	CA$5.9b	CA$795.5m	-CA$434,715,260.00	14.6x
Tue, 14 Dec 2021	CA$5.5b	CA$805.2m	-CA$378,497,127.00	15.9x
Thu, 11 Nov 2021	CA$8.0b	CA$865.6m	-CA$336,062,826.00	16.9x
Sat, 09 Oct 2021	CA$7.0b	CA$825.7m	-CA$353,672,924.00	17.2x
Mon, 06 Sep 2021	CA$7.8b	CA$822.3m	-CA$348,765,053.20	20x
Wed, 04 Aug 2021	CA$7.8b	CA$822.3m	-CA$345,159,826.20	22.3x
Sat, 08 May 2021	CA$7.5b	CA$668.0m	-CA$406,839,471.40	14.7x
Tue, 09 Feb 2021	CA$6.9b	CA$648.3m	-CA$462,336,708.25	12.9x
Mon, 02 Nov 2020	CA$5.2b	CA$641.6m	-CA$358,995,137.34	19.5x
Thu, 06 Aug 2020	CA$5.3b	CA$628.2m	-CA$438,338,349.10	33.8x
Sun, 10 May 2020	CA$3.0b	CA$734.4m	-CA$388,811,940.12	35.7x
Sat, 01 Feb 2020	CA$3.3b	CA$700.0m	-CA$301,260,571.05	41.5x
Tue, 05 Nov 2019	CA$2.9b	CA$664.6m	-CA$280,782,769.94	9.8x
Fri, 09 Aug 2019	CA$2.8b	CA$660.1m	-CA$301,374,474.29	85.7x


CA Market	1.68%
Materials	2.76%
Metals and Mining	4.53%
Precious Metals and Minerals	5.49%
Gold	5.74%
Silver	5.02%
Aluminum	3.18%
Diversified Metals and Mining	3.00%
Steel	2.25%
Copper	2.17%

Company	Last Price	7D	1Y	Valuation
SIL SilverCrest Metals	CA$9.60	9.2% +CA$118.2m	-19.7%	PB4.1x
PTM Platinum Group Metals	CA$2.55	44.9% +CA$78.0m	-51.3%	PB5.9x
EU enCore Energy	CA$1.29	20.1% +CA$69.0m	-13.8%	PB2.2x
DV Dolly Varden Silver	CA$0.71	18.3% +CA$25.2m	-7.8%	PB8.2x
SAE Sable Resources	CA$0.28	21.7% +CA$14.0m	-17.6%	PB3.1x

May 26

Benchmark Metals Inc. Expands New Discovery Area with 77.00 Metres at 1.56 g/t Gold Equivalent of Gold-Silver Mineralization

Benchmark Metals Inc. announced new results from exploration drilling at the Marmot Zone. Results include additional assays that have more than doubled the length of the previously reported mineralized intercept in drill hole 21MLDD004 from 30.0 metres to 77.0 metres (m) core length of 1.11 grams per tonne (g/t) gold (Au) and 35.93 g/t silver (Ag) or 1.56 g/t gold equivalent (AuEq). This broad, bulk-tonnage type intercept also contains significant high-grade, including the previously reported 3.00 m of 16.29 g/t Au and 599.67 g/t Ag or 23.79 g/t AuEq. The results have provided similar mineralization to the Company's multi-million-ounce gold-silver deposits located 3 kilometres to the northwest. Exploration work to date at Marmot includes 29 drill holes totaling approximately 8,700 m, together with extensive rock and soil sampling programs and multiple ground-based geophysical surveys. The Marmot discoveries appear similar to the known deposit areas the Company has defined within its flagship, 100% owned Lawyers Gold-Silver Project, located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada. Benchmark holds near 20 new discovery targets that contain geological similarities to the Marmot Zone and its existing gold-silver deposits. The majority of new targets are not drill tested. The early-stage drill program at Marmot was designed to test at-surface material as well as identify potential structural controls that exhibit similarities to the resource deposit areas on the property, and has intersected both bulk tonnage and high-grade mineralization in multiple drill holes. The Company will allocate significant drilling resources to targeting additional mineralization at Marmot as prospective geophysical signatures and previous drilling intercepts suggest the potential for additional near-surface mineralization over substantial strike-lengths in several discrete zones within this highly prospective area. Future drilling will test for high vein density zones situated within the hanging walls of major identified faults, as these features strongly correlate with gold-silver mineralization at Marmot and elsewhere within the Lawyers property. Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). The sampling program was undertaken by Company personnel under the direction of Rob L'Heureux, P.Geol. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Analysis by four acid digestion with 48 element ICP-MS analysis was conducted on all samples with silver and base metal over- limits being re-analyzed by atomic absorption or emission spectrometry. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

May 19

Arctic Star Reports Nitrogen Free Diamonds, Further Encouragement That Sequoia May Have >50Ct Diamonds

Arctic Star Exploration Corp. announced that has received the results of a diamond type study based on twelve >0.3mm diameter diamonds retrieved by caustic fusion analysis of the Sequoia Kimberlite in 2021, on is Diagras diamond property, NT The diamonds were studied at the Saskatchewan Research Council Diamond laboratory in Saskatoon, (an ISO/IEC 1705 Standard lab), using Fourier Transform Infrared ("FTIR") Spectrometry. This type of spectrometry is used to determine the concentration and aggregation state of nitrogen within the diamonds. Diamonds are broadly divided into two types (I and II) based on the presence or absence of nitrogen impurities and further subdivided according to the arrangement of nitrogen atoms (isolated or aggregated) and the occurrence of boron impurities. The results show that 50% of the diamonds are nitrogen free type IIa diamonds, 33% Type IaA, and 17% Type IaB. showing a pie graph depicting the results. This is in contrast to the global distribution where it is estimated Type IaA dominates 96% and Type IIa diamonds only make up 2%. Only a small number of active diamond mines regularly produce Type IIa diamonds with the most significant of these being Letseng-la-Terae (Letseng Mine) in the Kingdom of Lesotho and Karowe in Botswana. While Letseng is a low grade (1.5-3 cpht) kimberlite and Karowe approximately (15 cpht), they are probably the most prolific source of large high-value Type IIa diamonds, which contribute to making Letseng and Karowe highly economic deposits. The Koloa pipe, part of the Ekati mining complex, 34 kilometers west of the Sequoia kimberlite complex is also known to contain these types of diamonds. Type IIa diamonds contain no nitrogen or boron impurities and are frequently either top white colours (D, E, F, or G) or shades of brown. Many pink and brownish-pink diamonds are also Type IIa. Type IIa diamonds typically have an anhedral crystal shape and exhibit a range of elongated, distorted, or irregular morphologies. Many high-value, top colour, large specials (greater than 10.8 carats) are Type IIa diamonds, which include all ten of the largest known rough diamonds recovered worldwide, from the 726 carat Jonker to the 3,106 carat Cullinan. Interestingly inclusion studies find that the majority of these large stones have come from great depth. On September 9th, 2021, Arctic Star released results of a study of the indicator minerals recovered from Sequoia, which were analyzed and interpreted by Chuck Fipke. Unusually abundant deeply sourced indicator minerals were reported ($DI indicators), and these are associated with >50ct large Type IIa diamonds from Leteseng, Karowe, and Ekati. This work thus predicted the presence of Type IIa diamonds, now confirmed by the FTIR. The Qualified Person for this news release is Buddy Doyle, AUSIMM, a Geologist with over 35 years of experience in diamond exploration, discovery, and evaluation. A Qualified Person under the provisions of the National Instrument 43-101.

Canadian (TSX) Precious Metals and Minerals Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

VOX

First quarter 2022 earnings released: US$0.006 loss per share (vs US$0.019 loss in 1Q 2021)

MTA

Independent Non-Executive Director exercised options to buy CA$697k worth of stock.

BNCH

Benchmark Metals Inc. Expands New Discovery Area with 77.00 Metres at 1.56 g/t Gold Equivalent of Gold-Silver Mineralization

TDG

TDG Gold Corp. Publishes Initial Mineral Resource Estimate for Shasta, Toodoggone District, B.C

ADD

Arctic Star Reports Nitrogen Free Diamonds, Further Encouragement That Sequoia May Have >50Ct Diamonds

DV

Dolly Varden Silver Corporation Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling

AUAG

Auxico Resources Canada Inc. Announces National Mining Agency of Colombia Grants Mining Permit (Work Plan Authorization) for Minastyc Property

SIL

President recently bought CA$81k worth of stock

SAE

Sable Resources Ltd., Annual General Meeting, Jul 12, 2022

ABI

Abcourt Mines Inc. Will Cease Its Extraction Activities At the Elder Mine

BCM

Price target decreased to CA$3.65

EU

enCore Energy Corp. Appoints Peter Luthiger as Chief Operating Officer

PTM

Price target decreased to CA$3.85

DIAM

Price target decreased to CA$1.20

STGO

Steppe Gold Discovers Multiple High Grade Zinc Zones Below ATO Gold Deposits

CKG

Chesapeake Gold Corp. Announces the Results from the First Five Large Diameter