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Canadian (TSX) Silver Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies30
  • 7D6.5%
  • 3M-4.4%
  • 1Y-18.9%
  • YTDn/a

The Silver industry is up 6.5% in the last week, with Pan American Silver up 5.3%. In the same time, New Pacific Metals was down 6.2%. However, the industry is down 19% over the past year. Earnings are forecast to grow by 54% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$16.5bCA$5.9b-CA$415,005,240.8057.2x-39.8x2.8x
Tue, 13 Feb 2024CA$14.2bCA$5.4b-CA$687,905,839.1329.8x-20.7x2.7x
Thu, 11 Jan 2024CA$16.4bCA$5.3b-CA$883,682,360.0034.6x-18.6x3.1x
Sat, 09 Dec 2023CA$17.3bCA$5.4b-CA$885,588,684.0036.6x-19.6x3.2x
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
Price to Earnings Ratio

43.2x


Total Market Cap: CA$20.4bTotal Earnings: CA$471.3mTotal Revenue: CA$3.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Silver Industry Price to Earnings3Y Average 19.9x202220232024
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 4.1x is higher than the industry's current PS ratio of 2.8x.
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 21% 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 Market0.45%
Materials3.05%
Metals and Mining3.67%
Silver6.50%
Copper12.80%
Precious Metals and Minerals8.27%
Diversified Metals and Mining7.11%
Gold0.54%
Aluminum0%
Steel-2.96%
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
PAAS Pan American SilverCA$19.685.3%
+CA$361.0m
-18.5%PS2.3x
AYA Aya Gold & SilverCA$11.5011.4%
+CA$153.5m
23.9%PE333.6x
FR First Majestic SilverCA$7.656.7%
+CA$137.9m
-23.8%PS2.8x
EDR Endeavour SilverCA$3.0017.2%
+CA$102.6m
-35.9%PE84.3x
FVI Fortuna Silver MinesCA$4.656.4%
+CA$85.8m
-0.9%PS1.2x
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Latest News

EDR

CA$3.00

Endeavour Silver

7D

17.2%

1Y

-35.9%

FVI

CA$4.65

Fortuna Silver Mines

7D

6.4%

1Y

-0.9%

MAG

CA$12.74

MAG Silver

7D

4.7%

1Y

-24.0%

AYA

CA$11.50

Aya Gold & Silver

7D

11.4%

1Y

23.9%

RSMX

CA$0.20

Regency Silver

7D

-2.4%

1Y

-56.0%

SPEY

CA$0.01

Spey Resources

7D

-33.3%

1Y

-83.3%

MMN

CA$0.005

Monarca Minerals

7D

-50.0%

1Y

-66.7%

MSV

CA$0.16

Minco Silver

7D

-5.9%

1Y

-5.9%