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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | CA$17.4b | CA$5.4b | -CA$885,984,415.00 | 36.4x | -19.7x | 3.2x |
| Mon, 06 Nov 2023 | CA$16.2b | CA$4.9b | -CA$1,016,387,709.00 | 36.8x | -15.9x | 3.3x |
| Wed, 04 Oct 2023 | CA$15.0b | CA$5.0b | -CA$1,011,442,876.00 | 36.2x | -14.8x | 3x |
| Fri, 01 Sep 2023 | CA$17.7b | CA$4.9b | -CA$1,012,893,146.00 | 41.6x | -17.5x | 3.6x |
| Sun, 30 Jul 2023 | CA$17.3b | CA$4.4b | -CA$1,368,607,201.00 | 60.4x | -12.6x | 3.9x |
| Tue, 27 Jun 2023 | CA$16.1b | CA$4.4b | -CA$1,361,880,348.00 | 57.7x | -11.8x | 3.6x |
| Thu, 25 May 2023 | CA$17.6b | CA$4.6b | -CA$1,391,885,625.00 | 60.8x | -12.7x | 3.8x |
| Sat, 22 Apr 2023 | CA$20.1b | CA$4.6b | -CA$1,145,750,306.00 | 74.7x | -17.5x | 4.3x |
| Mon, 20 Mar 2023 | CA$16.0b | CA$4.7b | -CA$1,149,270,702.00 | 46.3x | -13.9x | 3.4x |
| Wed, 15 Feb 2023 | CA$15.3b | CA$4.7b | -CA$640,522,746.00 | 25.2x | -23.9x | 3.2x |
| Fri, 13 Jan 2023 | CA$17.5b | CA$4.7b | -CA$645,952,243.00 | 47x | -27x | 3.7x |
| Sun, 11 Dec 2022 | CA$16.4b | CA$4.8b | -CA$654,785,395.00 | 28.8x | -25x | 3.4x |
| Tue, 08 Nov 2022 | CA$15.1b | CA$4.9b | -CA$518,890,040.00 | 26.8x | -29.2x | 3.1x |
| Thu, 06 Oct 2022 | CA$15.6b | CA$5.0b | -CA$513,592,556.00 | 18.3x | -30.4x | 3.1x |
| Sat, 03 Sep 2022 | CA$13.2b | CA$4.8b | -CA$425,842,513.00 | 15.2x | -31.1x | 2.8x |
| Mon, 01 Aug 2022 | CA$15.8b | CA$4.7b | CA$166.5m | 23.6x | 94.8x | 3.4x |
| Wed, 29 Jun 2022 | CA$15.9b | CA$4.7b | CA$172.6m | 24.1x | 92.3x | 3.4x |
| Fri, 27 May 2022 | CA$16.3b | CA$4.7b | CA$221.1m | 25.9x | 73.6x | 3.5x |
| Sun, 24 Apr 2022 | CA$19.9b | CA$4.4b | CA$167.6m | 57.2x | 118.5x | 4.5x |
| Tue, 22 Mar 2022 | CA$22.0b | CA$4.3b | CA$114.0m | 60.4x | 193.3x | 5.2x |
| Thu, 17 Feb 2022 | CA$19.7b | CA$4.3b | CA$438.2m | 33.4x | 45x | 4.6x |
| Sat, 15 Jan 2022 | CA$18.3b | CA$4.2b | CA$445.7m | 30.1x | 41.1x | 4.4x |
| Mon, 13 Dec 2021 | CA$18.5b | CA$4.3b | CA$509.5m | 19.9x | 36.3x | 4.3x |
| Wed, 10 Nov 2021 | CA$20.2b | CA$3.8b | CA$522.9m | 22.4x | 38.6x | 5.4x |
| Fri, 08 Oct 2021 | CA$17.0b | CA$3.8b | CA$601.9m | 17.4x | 28.3x | 4.5x |
| Sun, 05 Sep 2021 | CA$19.6b | CA$3.7b | CA$589.6m | 20.5x | 33.3x | 5.3x |
| Tue, 03 Aug 2021 | CA$20.4b | CA$3.7b | CA$589.6m | 21.7x | 34.6x | 5.5x |
| Fri, 07 May 2021 | CA$21.2b | CA$3.3b | CA$471.3m | 27.7x | 44.9x | 6.4x |
| Mon, 08 Feb 2021 | CA$22.8b | CA$3.0b | CA$211.0m | 63.3x | 108.2x | 7.7x |
Price to Earnings Ratio
106.7x
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% | |
| Aluminum | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| APM Andean Precious Metals | CA$0.68 | 7.9% +CA$7.8m | -29.2% | PS0.8x | |
| CAPT Capitan Silver | CA$0.16 | 33.3% +CA$2.8m | -33.3% | PB1x | |
| RSMX Regency Silver | CA$0.17 | 9.7% +CA$1.4m | -20.9% | PB2.5x | |
| SNAG Silver North Resources | CA$0.16 | 6.7% +CA$359.5k | -8.6% | PB0.9x |