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Canadian (TSX) Silver Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies32
  • 7D6.4%
  • 3M-19.3%
  • 1Y55.0%
  • YTDn/a

The Silver industry is up 1.2% in the last week, with Pan American Silver up 4.7%. This means that the industry has gained 55% over the past year. Looking forward, earnings are forecast to grow by 79% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025CA$24.0bCA$7.2b-CA$29,082,346.5821.4x-825.7x3.3x
Thu, 19 Dec 2024CA$24.2bCA$7.2b-CA$29,157,410.9119.2x-830.4x3.3x
Sat, 16 Nov 2024CA$24.7bCA$7.1b-CA$40,202,578.3317.9x-613.3x3.5x
Mon, 14 Oct 2024CA$25.6bCA$6.6b-CA$202,635,539.3623.8x-126.3x3.9x
Wed, 11 Sep 2024CA$19.9bCA$6.6b-CA$201,702,780.5417.9x-98.4x3x
Fri, 09 Aug 2024CA$20.3bCA$6.5b-CA$220,729,639.9117.8x-92x3.1x
Sun, 07 Jul 2024CA$22.6bCA$6.3b-CA$229,353,379.5817.4x-98.6x3.6x
Tue, 04 Jun 2024CA$24.7bCA$6.3b-CA$231,360,247.6219x-106.8x3.9x
Thu, 02 May 2024CA$20.9bCA$6.0b-CA$329,977,085.4526.3x-63.3x3.5x
Sat, 30 Mar 2024CA$17.4bCA$5.9b-CA$337,828,791.1822.3x-51.5x2.9x
Mon, 26 Feb 2024CA$14.1bCA$5.8b-CA$489,434,717.7429.7x-28.8x2.4x
Wed, 24 Jan 2024CA$15.1bCA$5.4b-CA$887,433,901.0032.3x-17x2.8x
Fri, 22 Dec 2023CA$17.4bCA$5.3b-CA$879,227,201.0036.6x-19.7x3.3x
Sun, 19 Nov 2023CA$16.2bCA$5.5b-CA$887,438,281.0036.5x-18.3x3x
Tue, 17 Oct 2023CA$16.1bCA$5.0b-CA$1,008,365,344.0038.8x-16x3.3x
Thu, 14 Sep 2023CA$16.7bCA$4.9b-CA$1,005,213,205.0038.9x-16.6x3.4x
Sat, 12 Aug 2023CA$17.3bCA$4.9b-CA$1,091,478,136.0037.8x-15.9x3.5x
Mon, 10 Jul 2023CA$16.1bCA$4.5b-CA$1,372,058,656.0056x-11.7x3.6x
Wed, 07 Jun 2023CA$18.0bCA$4.5b-CA$1,382,654,668.0066.9x-13x4x
Fri, 05 May 2023CA$20.9bCA$4.6b-CA$1,145,113,395.0078.2x-18.3x4.5x
Sun, 02 Apr 2023CA$17.0bCA$4.6b-CA$1,139,569,032.0073.7x-14.9x3.7x
Tue, 28 Feb 2023CA$14.1bCA$4.7b-CA$918,257,434.0023.2x-15.4x3x
Thu, 26 Jan 2023CA$17.5bCA$4.7b-CA$646,570,097.0046.1x-27.1x3.7x
Sat, 24 Dec 2022CA$16.8bCA$4.8b-CA$652,038,371.0044.6x-25.8x3.5x
Mon, 21 Nov 2022CA$15.2bCA$4.7b-CA$642,410,919.0027.7x-23.7x3.2x
Wed, 19 Oct 2022CA$14.6bCA$5.0b-CA$506,594,684.0018x-28.8x2.9x
Fri, 16 Sep 2022CA$13.7bCA$4.8b-CA$506,000,033.0015.6x-27x2.8x
Sun, 14 Aug 2022CA$15.5bCA$4.7b-CA$423,548,371.0017.9x-36.7x3.3x
Tue, 12 Jul 2022CA$14.0bCA$4.8bCA$174.6m21.6x80x2.9x
Thu, 09 Jun 2022CA$17.3bCA$4.6bCA$165.2m26.8x104.9x3.8x
Sat, 07 May 2022CA$17.9bCA$4.4bCA$118.0m46.2x151.5x4x
Mon, 04 Apr 2022CA$21.4bCA$4.3bCA$167.3m60.8x127.7x4.9x
Wed, 02 Mar 2022CA$21.0bCA$4.2bCA$241.2m53.1x87.2x5x
Fri, 28 Jan 2022CA$17.0bCA$4.3bCA$452.7m29.2x37.6x4x
Price to Earnings Ratio

37.6x


Total Market Cap: CA$17.0bTotal Earnings: CA$452.7mTotal Revenue: CA$4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Silver Industry Price to Earnings3Y Average -61x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Silver industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
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 20% 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 Market2.58%
Materials3.43%
Metals and Mining3.67%
Silver6.35%
Precious Metals and Minerals5.30%
Steel5.08%
Diversified Metals and Mining3.96%
Copper3.56%
Gold3.28%
Aluminum0%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?

CompanyLast Price7D1YValuation
PAAS Pan American SilverCA$31.456.0%
+CA$652.3m
69.6%PS3x
MAG MAG SilverCA$22.0711.7%
+CA$239.7m
79.0%PE21.4x
AG First Majestic SilverCA$8.465.6%
+CA$136.0m
28.6%PS3.4x
AYA Aya Gold & SilverCA$12.087.8%
+CA$113.8m
19.7%PE141x
EDR Endeavour SilverCA$5.207.4%
+CA$94.4m
122.2%PS4.2x
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

AGAG

CA$0.19

Argenta Silver

7D

-22.4%

1Y

n/a

NUAG

CA$1.82

New Pacific Metals

7D

11.0%

1Y

-9.0%

DSV

CA$0.96

Discovery Silver

7D

-2.0%

1Y

45.5%

AG

CA$8.46

First Majestic Silver

7D

5.6%

1Y

28.6%

EDR

CA$5.20

Endeavour Silver

7D

7.4%

1Y

122.2%

MAG

CA$22.07

MAG Silver

7D

11.7%

1Y

79.0%

SVM

CA$4.49

Silvercorp Metals

7D

6.4%

1Y

38.6%

FVI

CA$6.24

Fortuna Mining

7D

2.3%

1Y

51.1%

PAAS

CA$31.45

Pan American Silver

7D

6.0%

1Y

69.6%

AGMR

CA$0.05

Silver Mountain Resources

7D

-9.1%

1Y

-41.2%

ZAC

CA$0.065

Zacatecas Silver

7D

-7.1%

1Y

-45.8%

SCRI

CA$6.71

Silver Crown Royalties

7D

-1.9%

1Y

n/a

MSV

CA$0.19

Minco Silver

7D

-5.0%

1Y

8.6%