Have your own idea? Try our Stock Screener
Canadian (TSX) Silver Industry Analysis
UpdatedApr 05, 2026
DataAggregated Company Financials
Companies30
- 7D9.9%
- 3M12.6%
- 1Y254.5%
- YTDn/a
The Silver industry is up 9.9% in the last week, with Discovery Silver up 18%. This takes the industry's 12 month performance to a gain of 254%. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Canadian Silver Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 Apr 2026 | CA$39.3b | CA$4.8b | CA$349.7m | 38.5x | 112.3x | 8.2x |
| Tue, 03 Mar 2026 | CA$52.9b | CA$4.5b | CA$230.3m | 50.2x | 229.5x | 11.8x |
| Thu, 29 Jan 2026 | CA$47.5b | CA$3.4b | CA$79.7m | 112.1x | 595.5x | 13.8x |
| Sat, 27 Dec 2025 | CA$34.5b | CA$3.5b | CA$80.4m | 75.3x | 428.6x | 9.9x |
| Mon, 24 Nov 2025 | CA$23.6b | CA$3.6b | CA$87.6m | 54.8x | 269x | 6.6x |
| Wed, 22 Oct 2025 | CA$27.9b | CA$2.8b | -CA$21,104,962.12 | 25.5x | -1323.5x | 10x |
| Fri, 19 Sep 2025 | CA$21.3b | CA$2.7b | -CA$21,750,641.55 | 20.7x | -981.6x | 7.8x |
| Sun, 17 Aug 2025 | CA$21.4b | CA$2.7b | CA$108.5m | 20.8x | 197x | 7.8x |
| Tue, 15 Jul 2025 | CA$20.7b | CA$2.2b | -CA$81,420,793.72 | 19x | -254.6x | 9.2x |
| Thu, 12 Jun 2025 | CA$36.1b | CA$7.9b | CA$579.6m | 15.9x | 62.3x | 4.6x |
| Sat, 10 May 2025 | CA$29.0b | CA$8.0b | CA$639.8m | 15.4x | 45.3x | 3.6x |
| Mon, 07 Apr 2025 | CA$24.9b | CA$7.5b | CA$269.9m | 12.8x | 92.1x | 3.3x |
| Wed, 05 Mar 2025 | CA$26.6b | CA$7.6b | CA$224.6m | 36.8x | 118.3x | 3.5x |
| Fri, 31 Jan 2025 | CA$24.8b | CA$7.3b | -CA$28,351,229.46 | 22.5x | -875.4x | 3.4x |
| Sun, 29 Dec 2024 | CA$22.8b | CA$7.2b | -CA$28,788,493.89 | 19.2x | -792x | 3.2x |
| Tue, 26 Nov 2024 | CA$25.1b | CA$7.0b | -CA$37,539,454.51 | 17.4x | -668.8x | 3.6x |
| Thu, 24 Oct 2024 | CA$29.7b | CA$6.7b | -CA$203,313,420.52 | 25.6x | -145.9x | 4.5x |
| Sat, 21 Sep 2024 | CA$23.1b | CA$6.5b | -CA$200,834,519.98 | 21.4x | -115.2x | 3.5x |
| Mon, 19 Aug 2024 | CA$22.1b | CA$6.6b | -CA$198,799,739.89 | 19x | -111x | 3.3x |
| Wed, 17 Jul 2024 | CA$24.9b | CA$6.3b | -CA$229,808,474.82 | 19x | -108.3x | 4x |
| Fri, 14 Jun 2024 | CA$21.8b | CA$6.3b | -CA$230,583,737.58 | 16.8x | -94.7x | 3.5x |
| Sun, 12 May 2024 | CA$23.0b | CA$6.3b | -CA$248,043,352.73 | 20.5x | -92.7x | 3.7x |
| Tue, 09 Apr 2024 | CA$21.0b | CA$5.9b | -CA$329,187,613.01 | 25.8x | -63.8x | 3.6x |
| Thu, 07 Mar 2024 | CA$14.9b | CA$5.8b | -CA$489,421,297.00 | 34.2x | -30.4x | 2.6x |
| Sat, 03 Feb 2024 | CA$15.1b | CA$5.4b | -CA$886,703,334.00 | 30.7x | -17x | 2.8x |
| Mon, 01 Jan 2024 | CA$17.4b | CA$5.3b | -CA$877,860,833.00 | 35.8x | -19.9x | 3.3x |
| Wed, 29 Nov 2023 | CA$17.1b | CA$5.4b | -CA$882,627,973.00 | 40.2x | -19.3x | 3.2x |
| Fri, 27 Oct 2023 | CA$16.1b | CA$5.0b | -CA$1,018,350,647.00 | 36x | -15.8x | 3.2x |
| Sun, 24 Sep 2023 | CA$16.2b | CA$4.9b | -CA$1,001,391,538.00 | 38.2x | -16.1x | 3.3x |
| Tue, 22 Aug 2023 | CA$16.6b | CA$4.9b | -CA$1,085,205,711.00 | 40.6x | -15.3x | 3.4x |
| Thu, 20 Jul 2023 | CA$18.8b | CA$4.4b | -CA$1,363,076,703.00 | 62.2x | -13.8x | 4.3x |
| Sat, 17 Jun 2023 | CA$16.7b | CA$4.4b | -CA$1,365,690,037.00 | 61.4x | -12.2x | 3.8x |
| Mon, 15 May 2023 | CA$18.8b | CA$4.6b | -CA$1,368,823,598.00 | 61.2x | -13.7x | 4.1x |
| Wed, 12 Apr 2023 | CA$21.6b | CA$4.6b | -CA$1,143,244,498.00 | 79.7x | -18.9x | 4.7x |
Price to Earnings Ratio
-18.9x
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 112x which is higher than its 3-year average PE of -135x.
- The 3-year average PS ratio of 5.0x is lower than the industry's current PS ratio of 8.2x.
Past Earnings Growth
- Total earnings for the Silver industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Comparison
How does Canadian Silver compare with similar industries?
| CA Market | 3.31% | |
| Materials | 8.47% | |
| Metals and Mining | 9.53% | |
| Silver | 9.95% | |
| Copper | 10.28% | |
| Gold | 10.19% | |
| Precious Metals and Minerals | 8.57% | |
| Diversified Metals and Mining | 6.35% | |
| Steel | 3.55% | |
| Aluminum | 0% | 0 |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DSV Discovery Silver | CA$9.63 | 17.6% +CA$1.2b | 456.6% | PE52.4x | |
| AG First Majestic Silver | CA$30.43 | 6.1% +CA$875.9m | 284.2% | PE65.3x | |
| AYA Aya Gold & Silver | CA$22.19 | 21.6% +CA$563.5m | 150.5% | PE49.9x | |
| EDR Endeavour Silver | CA$13.30 | 7.7% +CA$280.9m | 198.2% | PS6x | |
| SVM Silvercorp Metals | CA$15.31 | 7.7% +CA$240.7m | 225.1% | PS6.6x |
