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Canadian (TSX) Silver Industry Analysis

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies30
  • 7D-0.02%
  • 3M35.9%
  • 1Y67.7%
  • YTDn/a

The Silver industry has stayed flat over the last week. The past year has been better, since the industry has gained 68% in that time. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Aug 2025CA$20.8bCA$2.8bCA$121.3m20.7x171.3x7.5x
Mon, 21 Jul 2025CA$19.4bCA$2.3b-CA$81,394,399.4816.6x-238.3x8.6x
Wed, 18 Jun 2025CA$36.0bCA$7.9bCA$578.6m16.9x62.1x4.6x
Fri, 16 May 2025CA$27.8bCA$8.0bCA$606.4m11x45.8x3.5x
Sun, 13 Apr 2025CA$29.1bCA$7.3bCA$261.9m15.4x111x4x
Tue, 11 Mar 2025CA$28.0bCA$7.6bCA$373.6m15.5x75.1x3.7x
Thu, 06 Feb 2025CA$26.7bCA$7.2b-CA$28,826,636.2122.4x-925.2x3.7x
Sat, 04 Jan 2025CA$23.9bCA$7.2b-CA$28,705,994.4019.5x-833.7x3.3x
Mon, 02 Dec 2024CA$24.6bCA$7.0b-CA$37,367,625.0817.2x-659.3x3.5x
Wed, 30 Oct 2024CA$28.5bCA$6.7b-CA$203,158,839.0126.2x-140.4x4.3x
Fri, 27 Sep 2024CA$24.6bCA$6.5b-CA$200,000,344.5123.2x-123.2x3.8x
Sun, 25 Aug 2024CA$22.8bCA$6.5b-CA$197,577,762.7919.9x-115.5x3.5x
Tue, 23 Jul 2024CA$24.0bCA$6.3b-CA$230,750,682.0618.2x-103.9x3.8x
Thu, 20 Jun 2024CA$22.0bCA$6.3b-CA$230,242,987.8716.9x-95.7x3.5x
Sat, 18 May 2024CA$23.5bCA$6.2b-CA$235,399,669.2822.6x-100x3.8x
Mon, 15 Apr 2024CA$21.7bCA$6.0b-CA$332,747,619.6725.2x-65.3x3.6x
Wed, 13 Mar 2024CA$15.9bCA$5.8b-CA$413,737,453.4255.5x-38.4x2.7x
Fri, 09 Feb 2024CA$14.4bCA$5.4b-CA$686,352,778.0129.5x-21x2.7x
Sun, 07 Jan 2024CA$16.8bCA$5.3b-CA$882,956,892.0034.1x-19x3.1x
Tue, 05 Dec 2023CA$18.4bCA$5.4b-CA$883,517,698.0038.3x-20.8x3.4x
Thu, 02 Nov 2023CA$15.7bCA$5.0b-CA$1,019,594,348.0034.2x-15.4x3.1x
Sat, 30 Sep 2023CA$15.4bCA$4.9b-CA$1,006,701,674.0037.4x-15.3x3.1x
Mon, 28 Aug 2023CA$17.1bCA$4.9b-CA$1,085,201,441.0041.2x-15.8x3.5x
Wed, 26 Jul 2023CA$18.0bCA$4.4b-CA$1,364,287,521.0058.9x-13.2x4.1x
Fri, 23 Jun 2023CA$15.9bCA$4.4b-CA$1,361,579,910.0056.6x-11.7x3.6x
Sun, 21 May 2023CA$18.1bCA$4.6b-CA$1,384,742,554.0061.6x-13.1x4x
Tue, 18 Apr 2023CA$20.6bCA$4.6b-CA$1,137,311,769.0077x-18.1x4.5x
Thu, 16 Mar 2023CA$15.5bCA$4.8b-CA$915,213,283.0034.8x-16.9x3.2x
Sat, 11 Feb 2023CA$15.3bCA$4.7b-CA$637,520,330.0036.7x-24x3.2x
Mon, 09 Jan 2023CA$17.3bCA$4.8b-CA$648,149,057.0047.6x-26.8x3.6x
Wed, 07 Dec 2022CA$16.2bCA$4.8b-CA$655,098,615.0028.8x-24.7x3.4x
Fri, 04 Nov 2022CA$14.4bCA$5.0b-CA$505,394,613.0017.9x-28.6x2.9x
Sun, 02 Oct 2022CA$14.4bCA$5.0b-CA$514,510,296.0016.8x-27.9x2.9x
Tue, 30 Aug 2022CA$13.8bCA$4.7b-CA$512,549,330.0016.1x-26.9x2.9x
Price to Earnings Ratio

-26.9x


Total Market Cap: CA$13.8bTotal Earnings: -CA$512,549,330.00Total Revenue: CA$4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Silver Industry Price to Earnings3Y Average -127.9x202320242025
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 171x which is higher than its 3-year average PE of -128x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 7.5x.
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 declined 16% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Canadian Silver compare with similar industries?

CA Market0.75%
Materials2.18%
Metals and Mining2.31%
Silver-0.019%
Gold3.70%
Precious Metals and Minerals0.85%
Aluminum0%0
Diversified Metals and Mining-0.66%
Steel-2.06%
Copper-2.45%
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
AG First Majestic SilverCA$12.451.6%
+CA$97.7m		59.0%PE298.4x
MAG MAG SilverCA$32.752.8%
+CA$92.3m		79.5%PE23.7x
EDR Endeavour SilverCA$7.963.6%
+CA$81.2m		79.3%PS6.7x
CAPT Capitan SilverCA$1.2944.9%
+CA$44.8m		892.3%PB8.7x
NUAG New Pacific MetalsCA$2.366.8%
+CA$25.8m		19.2%PB2.2x

Latest News

AG
CA$12.45
First Majestic Silver
7D
1.6%
1Y
59.0%

First Majestic Silver's (TSE:AG) Solid Profits Have Weak Fundamentals

Aug 22
First Majestic Silver's (TSE:AG) Solid Profits Have Weak Fundamentals
KUYA
CA$0.41
Kuya Silver
7D
-2.4%
1Y
6.4%
EDR
CA$7.96
Endeavour Silver
7D
3.6%
1Y
79.3%
APM
CA$4.89
Andean Precious Metals
7D
2.7%
1Y
348.6%
DSV
CA$3.99
Discovery Silver
7D
-1.2%
1Y
533.3%
CAPT
CA$1.29
Capitan Silver
7D
44.9%
1Y
892.3%
AGAG
CA$0.63
Argenta Silver
7D
-9.4%
1Y
n/a
MAG
CA$32.75
MAG Silver
7D
2.8%
1Y
79.5%
GGD
CA$2.31
GoGold Resources
7D
1.8%
1Y
79.1%
NUAG
CA$2.36
New Pacific Metals
7D
6.8%
1Y
19.2%

We Think New Pacific Metals (TSE:NUAG) Can Easily Afford To Drive Business Growth

Jul 30
We Think New Pacific Metals (TSE:NUAG) Can Easily Afford To Drive Business Growth
SLVR
CA$0.66
Silver Tiger Metals
7D
10.0%
1Y
256.8%
TUF
CA$0.19
Honey Badger Silver
7D
-7.3%
1Y
137.5%
IPT
CA$0.39
IMPACT Silver
7D
-1.3%
1Y
71.1%

What IMPACT Silver Corp.'s (CVE:IPT) 32% Share Price Gain Is Not Telling You

Jul 18
What IMPACT Silver Corp.'s (CVE:IPT) 32% Share Price Gain Is Not Telling You
SVRS
CA$0.23
Silver Storm Mining
7D
-10.0%
1Y
114.3%
EXN
CA$0.24
Excellon Resources
7D
-9.3%
1Y
133.3%
KS
CA$0.03
Klondike Silver
7D
-14.3%
1Y
20.0%