Header cover image

Canadian (TSX) Silver Industry Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies32
  • 7D7.4%
  • 3M17.7%
  • 1Y26.1%
  • YTDn/a

The Silver industry is up 13% in the last week, with Pan American Silver up 13%. During this same period, the Minco Silver underperformed, falling 11%. This takes the industry's 12 month performance to a gain of 31%. Looking forward, earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Apr 2025CA$30.9bCA$7.3bCA$260.7m15.2x118.5x4.2x
Sun, 16 Mar 2025CA$30.4bCA$7.6bCA$367.6m17.9x82.6x4x
Tue, 11 Feb 2025CA$26.3bCA$7.2b-CA$27,718,907.7922.7x-950.4x3.7x
Thu, 09 Jan 2025CA$23.6bCA$7.2b-CA$28,882,581.9419.8x-817.4x3.3x
Sat, 07 Dec 2024CA$25.0bCA$7.1b-CA$37,033,459.8116.6x-674.2x3.5x
Mon, 04 Nov 2024CA$26.9bCA$6.7b-CA$203,263,598.2824.3x-132.3x4x
Wed, 02 Oct 2024CA$23.4bCA$6.5b-CA$200,179,356.0221.8x-117x3.6x
Fri, 30 Aug 2024CA$21.8bCA$6.5b-CA$201,136,991.3919.9x-108.3x3.4x
Sun, 28 Jul 2024CA$23.2bCA$6.4b-CA$230,980,360.3618.1x-100.6x3.7x
Tue, 25 Jun 2024CA$22.2bCA$6.3b-CA$229,683,838.1816.8x-96.6x3.5x
Thu, 23 May 2024CA$25.2bCA$6.3b-CA$237,277,338.8522.2x-106.4x4x
Sat, 20 Apr 2024CA$21.4bCA$6.0b-CA$336,434,447.8625.7x-63.7x3.6x
Mon, 18 Mar 2024CA$16.5bCA$5.9b-CA$415,005,240.8057.2x-39.8x2.8x
Wed, 14 Feb 2024CA$13.5bCA$5.4b-CA$693,230,998.3928.5x-19.5x2.5x
Fri, 12 Jan 2024CA$16.4bCA$5.4b-CA$884,456,782.0032.6x-18.5x3.1x
Sun, 10 Dec 2023CA$17.0bCA$5.4b-CA$885,588,684.0036.6x-19.2x3.1x
Tue, 07 Nov 2023CA$16.2bCA$4.9b-CA$1,017,856,401.0035.5x-15.9x3.3x
Thu, 05 Oct 2023CA$15.0bCA$5.0b-CA$1,014,136,358.0035.7x-14.8x3x
Sat, 02 Sep 2023CA$17.5bCA$4.9b-CA$1,012,792,088.0040.4x-17.3x3.5x
Mon, 31 Jul 2023CA$17.5bCA$4.4b-CA$1,368,607,201.0060.4x-12.8x3.9x
Wed, 28 Jun 2023CA$15.9bCA$4.4b-CA$1,363,716,543.0057.1x-11.7x3.6x
Fri, 26 May 2023CA$17.6bCA$4.6b-CA$1,391,885,625.0060.8x-12.7x3.8x
Sun, 23 Apr 2023CA$20.1bCA$4.6b-CA$1,145,806,816.0074.7x-17.5x4.3x
Tue, 21 Mar 2023CA$16.3bCA$4.7b-CA$1,145,805,158.0046.2x-14.3x3.5x
Thu, 16 Feb 2023CA$15.0bCA$4.7b-CA$641,922,394.0024.3x-23.4x3.2x
Sat, 14 Jan 2023CA$17.6bCA$4.7b-CA$646,749,646.0047.1x-27.2x3.7x
Mon, 12 Dec 2022CA$16.4bCA$4.8b-CA$654,785,395.0028.8x-25x3.4x
Wed, 09 Nov 2022CA$15.1bCA$4.9b-CA$518,890,040.0026.8x-29.2x3.1x
Fri, 07 Oct 2022CA$16.2bCA$5.0b-CA$514,396,995.0020.5x-31.4x3.2x
Sun, 04 Sep 2022CA$13.2bCA$4.8b-CA$504,310,220.0015.2x-26.2x2.8x
Tue, 02 Aug 2022CA$15.8bCA$4.7bCA$166.7m23.5x94.7x3.4x
Thu, 30 Jun 2022CA$15.5bCA$4.7bCA$172.7m23.8x89.6x3.3x
Sat, 28 May 2022CA$16.6bCA$4.7bCA$212.0m26.3x78.1x3.5x
Mon, 25 Apr 2022CA$19.9bCA$4.4bCA$167.6m57.2x118.5x4.5x
Price to Earnings Ratio

118.5x


Total Market Cap: CA$30.9bTotal Earnings: CA$260.7mTotal Revenue: CA$7.3bTotal Market Cap vs Earnings and Revenue+56%+56%+67%
Canadian Silver Industry Price to Earnings3Y Average-112.3x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Silver industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 117x which is higher than its 3-year average PE of -112x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Silver industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Silver compare with similar industries?

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

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

SVM

CA$5.18

Silvercorp Metals

7D

4.4%

1Y

5.9%

FVI

CA$8.83

Fortuna Mining

7D

1.6%

1Y

41.7%

DSV

CA$2.81

Discovery Silver

7D

34.4%

1Y

202.2%

AG

CA$9.04

First Majestic Silver

7D

7.5%

1Y

-3.1%

MAG

CA$21.51

MAG Silver

7D

8.9%

1Y

28.4%

GGD

CA$1.81

GoGold Resources

7D

11.7%

1Y

34.1%

DEF

CA$0.23

Defiance Silver

7D

-4.1%

1Y

38.2%

SVE

CA$0.22

Silver One Resources

7D

-3.3%

1Y

-25.8%

MSV

CA$0.17

Minco Silver

7D

-8.1%

1Y

-24.4%