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Canadian (TSX) Precious Metals and Minerals Industry Analysis

UpdatedJun 27, 2026
DataAggregated Company Financials
Companies61
  • 7D-2.4%
  • 3M-3.1%
  • 1Y71.3%
  • YTDn/a

Over the last 7 days, the Precious Metals and Minerals industry has dropped 8.5%, driven by a pullback from Avino Silver & Gold Mines of 4.0%. Meanwhile, Metalla Royalty & Streaming actually outperformed within the industry, gaining 9.0% in the last week. This takes the industry's 12 month performance to a gain of 60%. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jun 2026CA$8.9bCA$1.1b-CA$200,662,236.9725.7x-44.4x7.8x
Mon, 25 May 2026CA$10.4bCA$1.1b-CA$189,945,969.1832.5x-54.9x9.7x
Wed, 22 Apr 2026CA$11.6bCA$952.3m-CA$195,900,753.1417.6x-59.1x12.2x
Fri, 20 Mar 2026CA$10.3bCA$952.0m-CA$395,868,969.6516.9x-26.1x10.8x
Sun, 15 Feb 2026CA$12.0bCA$1.0b-CA$334,858,739.3925.1x-35.9x12x
Tue, 13 Jan 2026CA$11.0bCA$1.0b-CA$329,036,212.3828.1x-33.5x10.8x
Thu, 11 Dec 2025CA$9.2bCA$1.0b-CA$311,799,043.8843.4x-29.5x9.1x
Sat, 08 Nov 2025CA$7.1bCA$1.2b-CA$338,594,606.6516.2x-21.1x6x
Mon, 06 Oct 2025CA$8.2bCA$1.2b-CA$338,814,759.4316.2x-24.2x6.9x
Wed, 03 Sep 2025CA$5.9bCA$1.2b-CA$331,662,403.567.6x-17.9x5x
Fri, 01 Aug 2025CA$5.0bCA$1.2b-CA$275,917,608.9821.8x-18.2x4.2x
Sun, 29 Jun 2025CA$4.8bCA$1.2b-CA$282,986,859.0916x-16.8x4x
Tue, 27 May 2025CA$4.1bCA$1.2b-CA$298,224,127.7614.5x-13.9x3.5x
Thu, 24 Apr 2025CA$3.6bCA$1.3b-CA$273,869,926.6218.5x-13.1x2.8x
Sat, 22 Mar 2025CA$3.7bCA$1.3b-CA$232,730,386.5312x-15.7x2.9x
Mon, 17 Feb 2025CA$3.5bCA$1.2b-CA$354,808,279.709.7x-9.8x2.9x
Wed, 15 Jan 2025CA$5.2bCA$1.6b-CA$232,643,679.6810.4x-22.2x3.2x
Fri, 13 Dec 2024CA$5.7bCA$1.6b-CA$245,650,901.609.7x-23.3x3.6x
Sun, 10 Nov 2024CA$5.7bCA$1.5b-CA$220,415,125.509.3x-26x3.7x
Tue, 08 Oct 2024CA$5.6bCA$1.3b-CA$283,016,420.546.3x-19.9x4.2x
Thu, 05 Sep 2024CA$4.6bCA$1.3b-CA$288,206,836.075.6x-15.9x3.5x
Sat, 03 Aug 2024CA$5.0bCA$1.7b-CA$69,159,918.483.7x-72.8x2.9x
Mon, 01 Jul 2024CA$4.8bCA$1.7b-CA$69,054,393.925.6x-69.1x2.8x
Wed, 29 May 2024CA$5.3bCA$1.7b-CA$287,130,975.897.7x-18.4x3.1x
Fri, 26 Apr 2024CA$4.7bCA$1.4b-CA$263,698,623.246.7x-17.7x3.3x
Sun, 24 Mar 2024CA$4.0bCA$1.4b-CA$237,287,768.766.2x-16.7x2.8x
Tue, 20 Feb 2024CA$3.4bCA$1.4b-CA$218,845,967.675.5x-15.7x2.5x
Thu, 18 Jan 2024CA$3.8bCA$1.4b-CA$249,413,674.005.6x-15.1x2.7x
Sat, 16 Dec 2023CA$3.9bCA$1.4b-CA$259,933,732.007x-15x2.8x
Mon, 13 Nov 2023CA$3.3bCA$1.4b-CA$308,795,908.008.2x-10.8x2.4x
Wed, 11 Oct 2023CA$3.3bCA$1.3b-CA$313,615,777.008.2x-10.6x2.5x
Fri, 08 Sep 2023CA$3.6bCA$1.3b-CA$314,305,743.008.3x-11.3x2.6x
Sun, 06 Aug 2023CA$3.7bCA$1.3b-CA$336,362,261.005.5x-11x3x
Tue, 04 Jul 2023CA$4.0bCA$1.2b-CA$329,516,359.007x-12.3x3.3x
Price to Earnings Ratio

-12.3x


Total Market Cap: CA$4.0bTotal Earnings: -CA$329,516,359.00Total Revenue: CA$1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Precious Metals and Minerals Industry Price to Earnings3Y Average -25.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Precious Metals and Minerals industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Precious Metals and Minerals industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 2.7% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Comparison

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

CA Market-0.37%
Materials-5.02%
Metals and Mining-5.41%
Precious Metals and Minerals-2.44%
Aluminum0%0
Steel-0.48%
Silver-3.12%
Gold-4.10%
Diversified Metals and Mining-7.47%
Copper-11.05%
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
MTA Metalla Royalty & StreamingCA$10.579.0%
+CA$81.3m		102.5%PS53.2x
DMET Denarius MetalsCA$0.6312.5%
+CA$14.9m		35.5%PS18.2x
VROY Vizsla RoyaltiesCA$3.614.6%
+CA$10.8m		57.0%PB3.4x
CKG Chesapeake GoldCA$3.333.4%
+CA$8.5m		136.2%PB1.5x
LUC Lucara DiamondCA$0.153.3%
+CA$7.5m		-32.6%PE14x

Latest News

ASM
CA$8.77
Avino Silver & Gold Mines
7D
-4.0%
1Y
86.2%
MTA
CA$10.57
Metalla Royalty & Streaming
7D
9.0%
1Y
102.5%
RME
CA$0.26
Roland Mineral Enterprises
7D
15.9%
1Y
200.0%
VROY
CA$3.61
Vizsla Royalties
7D
4.6%
1Y
57.0%
SSV
CA$0.43
Southern Silver Exploration
7D
-10.4%
1Y
95.5%
SM
CA$1.51
Sierra Madre Gold and Silver
7D
-12.2%
1Y
106.8%
TAU
CA$2.90
Thesis Gold & Silver
7D
-5.8%
1Y
173.6%
STGO
CA$1.31
Steppe Gold
7D
-6.4%
1Y
6.5%
GSVR
CA$0.46
Guanajuato Silver
7D
-4.2%
1Y
93.6%
Narrative Update • Jun 11

Valuation Update (June 2026)

FCF Multiple Model at US$150/oz and US$200/oz Silver This is a simplified silver-torque model. It is not a formal valuation and not a price target.
DMET
CA$0.63
Denarius Metals
7D
12.5%
1Y
35.5%
HSLV
CA$6.67
Highlander Silver
7D
-1.9%
1Y
156.5%
EMPR
CA$0.84
Empress Royalty
7D
5.0%
1Y
37.7%
CKG
CA$3.33
Chesapeake Gold
7D
3.4%
1Y
136.2%
LUC
CA$0.15
Lucara Diamond
7D
3.3%
1Y
-32.6%
New Narrative • May 13

Underground Project And Large High Value Diamonds Will Support Long Term Upside Potential

Catalysts About Lucara Diamond Lucara Diamond is a diamond mining company focused on producing large, high value stones from its Karowe mine and advancing its Underground Project. What are the underlying business or industry changes driving this perspective?
IGO
CA$0.10
Independence Gold
7D
5.0%
1Y
-27.6%
PTM
CA$1.88
Platinum Group Metals
7D
-9.2%
1Y
-6.9%