Header cover image

Canadian (TSX) Silver Industry Analysis

UpdatedDec 08, 2023
DataAggregated Company Financials
Companies34
  • 7D-3.1%
  • 3M3.2%
  • 1Y-18.8%
  • YTD-20.4%

Over the last 7 days, the Silver industry has dropped 2.6%, driven by a pullback from Pan American Silver of 1.8%. Overall the industry is down 20% in 12 months. As for the next few years, earnings are expected to grow by 69% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 09 Dec 2023CA$17.4bCA$5.4b-CA$885,984,415.0036.4x-19.7x3.2x
Mon, 06 Nov 2023CA$16.2bCA$4.9b-CA$1,016,387,709.0036.8x-15.9x3.3x
Wed, 04 Oct 2023CA$15.0bCA$5.0b-CA$1,011,442,876.0036.2x-14.8x3x
Fri, 01 Sep 2023CA$17.7bCA$4.9b-CA$1,012,893,146.0041.6x-17.5x3.6x
Sun, 30 Jul 2023CA$17.3bCA$4.4b-CA$1,368,607,201.0060.4x-12.6x3.9x
Tue, 27 Jun 2023CA$16.1bCA$4.4b-CA$1,361,880,348.0057.7x-11.8x3.6x
Thu, 25 May 2023CA$17.6bCA$4.6b-CA$1,391,885,625.0060.8x-12.7x3.8x
Sat, 22 Apr 2023CA$20.1bCA$4.6b-CA$1,145,750,306.0074.7x-17.5x4.3x
Mon, 20 Mar 2023CA$16.0bCA$4.7b-CA$1,149,270,702.0046.3x-13.9x3.4x
Wed, 15 Feb 2023CA$15.3bCA$4.7b-CA$640,522,746.0025.2x-23.9x3.2x
Fri, 13 Jan 2023CA$17.5bCA$4.7b-CA$645,952,243.0047x-27x3.7x
Sun, 11 Dec 2022CA$16.4bCA$4.8b-CA$654,785,395.0028.8x-25x3.4x
Tue, 08 Nov 2022CA$15.1bCA$4.9b-CA$518,890,040.0026.8x-29.2x3.1x
Thu, 06 Oct 2022CA$15.6bCA$5.0b-CA$513,592,556.0018.3x-30.4x3.1x
Sat, 03 Sep 2022CA$13.2bCA$4.8b-CA$425,842,513.0015.2x-31.1x2.8x
Mon, 01 Aug 2022CA$15.8bCA$4.7bCA$166.5m23.6x94.8x3.4x
Wed, 29 Jun 2022CA$15.9bCA$4.7bCA$172.6m24.1x92.3x3.4x
Fri, 27 May 2022CA$16.3bCA$4.7bCA$221.1m25.9x73.6x3.5x
Sun, 24 Apr 2022CA$19.9bCA$4.4bCA$167.6m57.2x118.5x4.5x
Tue, 22 Mar 2022CA$22.0bCA$4.3bCA$114.0m60.4x193.3x5.2x
Thu, 17 Feb 2022CA$19.7bCA$4.3bCA$438.2m33.4x45x4.6x
Sat, 15 Jan 2022CA$18.3bCA$4.2bCA$445.7m30.1x41.1x4.4x
Mon, 13 Dec 2021CA$18.5bCA$4.3bCA$509.5m19.9x36.3x4.3x
Wed, 10 Nov 2021CA$20.2bCA$3.8bCA$522.9m22.4x38.6x5.4x
Fri, 08 Oct 2021CA$17.0bCA$3.8bCA$601.9m17.4x28.3x4.5x
Sun, 05 Sep 2021CA$19.6bCA$3.7bCA$589.6m20.5x33.3x5.3x
Tue, 03 Aug 2021CA$20.4bCA$3.7bCA$589.6m21.7x34.6x5.5x
Fri, 07 May 2021CA$21.2bCA$3.3bCA$471.3m27.7x44.9x6.4x
Mon, 08 Feb 2021CA$22.8bCA$3.0bCA$211.0m63.3x108.2x7.7x
Price to Earnings Ratio

106.7x


Total Market Cap: CA$22.5bTotal Earnings: CA$211.0mTotal Revenue: CA$3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Silver Industry Price to Earnings3Y Average 31.2x20222023
Current Industry PE
  • Investors are pessimistic on the Canadian Silver industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • Total earnings for the Silver industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 22% per year.
  • This means that although more sales are being generated, 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 Silver compare with similar industries?

CA Market-1.78%
Materials-1.01%
Metals and Mining-1.76%
Silver-3.14%
Aluminum0%
Precious Metals and Minerals-0.22%
Diversified Metals and Mining-0.26%
Copper-0.54%
Steel-1.25%
Gold-2.43%
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
APM Andean Precious MetalsCA$0.687.9%
+CA$7.8m
-29.2%PS0.8x
CAPT Capitan SilverCA$0.1633.3%
+CA$2.8m
-33.3%PB1x
RSMX Regency SilverCA$0.179.7%
+CA$1.4m
-20.9%PB2.5x
SNAG Silver North ResourcesCA$0.166.7%
+CA$359.5k
-8.6%PB0.9x
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

FVI

CA$4.96

Fortuna Silver Mines

7D

-9.0%

1Y

-4.4%

PAAS

CA$20.20

Pan American Silver

7D

-7.5%

1Y

-9.9%

EDR

CA$2.69

Endeavour Silver

7D

-12.1%

1Y

-40.6%

NUAG

CA$2.43

New Pacific Metals

7D

-10.0%

1Y

-29.6%

RSMX

CA$0.17

Regency Silver

7D

9.7%

1Y

-20.9%

APM

CA$0.68

Andean Precious Metals

7D

7.9%

1Y

-29.2%

SVM

CA$3.62

Silvercorp Metals

7D

-7.7%

1Y

-6.9%

FR

CA$7.77

First Majestic Silver

7D

-8.2%

1Y

-36.1%

MAG

CA$14.73

MAG Silver

7D

-10.2%

1Y

-30.6%

SNAG

CA$0.16

Silver North Resources

7D

6.7%

1Y

-8.6%

GGD

CA$1.35

GoGold Resources

7D

-10.0%

1Y

-29.7%

CAPT

CA$0.16

Capitan Silver

7D

33.3%

1Y

-33.3%