Have your own idea? Try our Stock Screener
Canadian (TSX) Silver Industry Analysis
UpdatedJun 06, 2025
DataAggregated Company Financials
Companies32
- 7D19.4%
- 3M24.6%
- 1Y34.9%
- YTDn/a
In the last week, the Silver industry is up 19%, with Pan American Silver up 17%. During this same period, the Defiance Silver underperformed, falling 7.4%. In the last 12 months, the industry was up 35%. 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 |
|---|---|---|---|---|---|---|
| Fri, 06 Jun 2025 | CA$33.8b | CA$7.9b | CA$580.2m | 16.2x | 58.2x | 4.3x |
| Sun, 04 May 2025 | CA$27.6b | CA$7.3b | CA$259.5m | 14.1x | 106.3x | 3.8x |
| Tue, 01 Apr 2025 | CA$30.1b | CA$7.6b | CA$273.7m | 14.5x | 110x | 4x |
| Thu, 27 Feb 2025 | CA$27.0b | CA$7.5b | CA$212.2m | 39.9x | 127.3x | 3.6x |
| Sat, 25 Jan 2025 | CA$23.9b | CA$7.2b | -CA$29,054,243.75 | 21x | -824.3x | 3.3x |
| Mon, 23 Dec 2024 | CA$22.7b | CA$7.2b | -CA$28,916,243.94 | 19.2x | -784.9x | 3.1x |
| Wed, 20 Nov 2024 | CA$25.5b | CA$7.0b | -CA$32,831,222.54 | 18.9x | -776.5x | 3.6x |
| Fri, 18 Oct 2024 | CA$25.5b | CA$6.6b | -CA$202,979,023.38 | 23.7x | -125.5x | 3.8x |
| Sun, 15 Sep 2024 | CA$23.5b | CA$6.5b | -CA$201,081,683.08 | 21.3x | -117x | 3.6x |
| Tue, 13 Aug 2024 | CA$20.4b | CA$6.5b | -CA$225,247,641.80 | 18.2x | -90.6x | 3.1x |
| Thu, 11 Jul 2024 | CA$23.0b | CA$6.3b | -CA$229,216,992.10 | 18.1x | -100.2x | 3.7x |
| Sat, 08 Jun 2024 | CA$24.0b | CA$6.3b | -CA$230,703,800.39 | 17.3x | -104.1x | 3.8x |
| Mon, 06 May 2024 | CA$20.8b | CA$6.0b | -CA$328,565,300.15 | 25.9x | -63.2x | 3.5x |
| Wed, 03 Apr 2024 | CA$17.8b | CA$5.9b | -CA$329,096,284.87 | 24.2x | -54.1x | 3x |
| Fri, 01 Mar 2024 | CA$13.6b | CA$5.8b | -CA$491,367,059.21 | 28.3x | -27.6x | 2.3x |
| Sun, 28 Jan 2024 | CA$15.2b | CA$5.4b | -CA$886,423,589.00 | 30.7x | -17.1x | 2.8x |
| Tue, 26 Dec 2023 | CA$17.9b | CA$5.3b | -CA$878,265,849.00 | 37x | -20.4x | 3.4x |
| Thu, 23 Nov 2023 | CA$16.0b | CA$5.5b | -CA$886,884,083.00 | 37.4x | -18.1x | 2.9x |
| Sat, 21 Oct 2023 | CA$16.7b | CA$5.0b | -CA$1,013,558,347.00 | 38.6x | -16.4x | 3.3x |
| Mon, 18 Sep 2023 | CA$17.6b | CA$4.9b | -CA$1,003,724,932.00 | 42.3x | -17.5x | 3.6x |
| Wed, 16 Aug 2023 | CA$16.7b | CA$4.9b | -CA$1,090,936,893.00 | 41.3x | -15.3x | 3.4x |
| Fri, 14 Jul 2023 | CA$17.6b | CA$4.4b | -CA$1,358,860,069.00 | 59.6x | -12.9x | 4x |
| Sun, 11 Jun 2023 | CA$17.4b | CA$4.5b | -CA$1,377,607,747.00 | 64.6x | -12.7x | 3.9x |
| Tue, 09 May 2023 | CA$20.3b | CA$4.6b | -CA$1,270,014,512.00 | 76.1x | -16x | 4.4x |
| Thu, 06 Apr 2023 | CA$17.4b | CA$4.6b | -CA$1,135,688,367.00 | 77.6x | -15.3x | 3.8x |
| Sat, 04 Mar 2023 | CA$15.2b | CA$4.7b | -CA$907,675,469.00 | 35.7x | -16.7x | 3.2x |
| Mon, 30 Jan 2023 | CA$16.7b | CA$4.7b | -CA$644,708,538.00 | 41.8x | -25.8x | 3.5x |
| Wed, 28 Dec 2022 | CA$16.8b | CA$4.8b | -CA$651,861,466.00 | 44.6x | -25.8x | 3.5x |
| Fri, 25 Nov 2022 | CA$16.2b | CA$4.7b | -CA$559,599,324.00 | 29.3x | -29x | 3.4x |
| Sun, 23 Oct 2022 | CA$15.1b | CA$5.0b | -CA$506,738,408.00 | 18.8x | -29.7x | 3x |
| Tue, 20 Sep 2022 | CA$14.2b | CA$4.8b | -CA$507,413,064.00 | 16x | -27.9x | 2.9x |
| Thu, 18 Aug 2022 | CA$14.4b | CA$4.7b | -CA$430,545,537.00 | 16.8x | -33.5x | 3.1x |
| Sat, 16 Jul 2022 | CA$13.8b | CA$4.8b | CA$175.4m | 21.2x | 78.5x | 2.9x |
| Mon, 13 Jun 2022 | CA$17.9b | CA$4.7b | CA$170.6m | 27.1x | 104.9x | 3.8x |
Price to Earnings Ratio
104.9x
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 58.2x which is higher than its 3-year average PE of -114x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Silver industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Canadian Silver compare with similar industries?
| CA Market | 0.68% | |
| Materials | 5.62% | |
| Metals and Mining | 6.43% | |
| Silver | 19.41% | |
| Precious Metals and Minerals | 12.03% | |
| Copper | 6.34% | |
| Gold | 5.99% | |
| Diversified Metals and Mining | 3.60% | |
| Steel | 0.38% | |
| 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 | |
|---|---|---|---|---|---|
| PAAS Pan American Silver | CA$39.09 | 17.0% +CA$2.1b | 32.4% | PE33.3x | |
| AG First Majestic Silver | CA$11.48 | 35.9% +CA$1.5b | 22.4% | PS5.8x | |
| FVI Fortuna Mining | CA$10.11 | 26.4% +CA$647.7m | 39.4% | PE13.9x | |
| EDR Endeavour Silver | CA$6.22 | 26.4% +CA$376.4m | 15.2% | PS6.1x | |
| AYA Aya Gold & Silver | CA$14.45 | 21.4% +CA$337.3m | -4.0% | PS20.4x |