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

Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically. The industry is trading at a PE ratio of 25.9x which is lower than its 3-year average PE of 51.2x.

How does Canadian Silver compare with similar industries?

There is insufficient data on the sub-industries of this industry.

Canadian (TSX) Silver Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	CA$16.3b	CA$4.7b	CA$221.1m	25.9x
Mon, 25 Apr 2022	CA$19.9b	CA$4.4b	CA$167.6m	57.2x
Wed, 23 Mar 2022	CA$21.6b	CA$4.3b	CA$121.2m	59.5x
Fri, 18 Feb 2022	CA$20.0b	CA$4.3b	CA$438.2m	32x
Sun, 16 Jan 2022	CA$18.3b	CA$4.2b	CA$445.7m	30.1x
Tue, 14 Dec 2021	CA$18.6b	CA$4.3b	CA$514.0m	19.7x
Thu, 11 Nov 2021	CA$20.3b	CA$3.8b	CA$516.4m	24.8x
Sat, 09 Oct 2021	CA$17.1b	CA$3.8b	CA$597.7m	17.7x
Mon, 06 Sep 2021	CA$19.6b	CA$3.7b	CA$589.6m	20.5x
Wed, 04 Aug 2021	CA$20.0b	CA$3.7b	CA$589.6m	20.9x
Sat, 08 May 2021	CA$21.2b	CA$3.3b	CA$471.3m	27.7x
Tue, 09 Feb 2021	CA$22.8b	CA$3.0b	CA$211.0m	63.3x
Mon, 02 Nov 2020	CA$19.7b	CA$3.0b	-CA$69,748,102.96	55.5x
Thu, 06 Aug 2020	CA$22.6b	CA$3.0b	-CA$209,594,562.81	235.3x
Sun, 10 May 2020	CA$12.7b	CA$3.4b	-CA$196,352,621.30	27.8x
Sat, 01 Feb 2020	CA$13.6b	CA$3.0b	CA$7.7m	27x
Tue, 05 Nov 2019	CA$11.5b	CA$2.7b	-CA$308,287,467.14	43.8x
Fri, 09 Aug 2019	CA$10.5b	CA$2.5b	-CA$303,724,070.70	26.6x


CA Market	1.68%
Materials	2.76%
Metals and Mining	4.53%
Silver	5.02%
Gold	5.74%
Precious Metals and Minerals	5.49%
Aluminum	3.18%
Diversified Metals and Mining	3.00%
Steel	2.25%
Copper	2.17%

Company	Last Price	7D	1Y	Valuation
PAAS Pan American Silver	CA$28.89	0.9% +CA$56.8m	-28.9%	PS26.3x
APM Andean Precious Metals	CA$1.41	27.0% +CA$47.4m	-14.5%	PS21.7x
MAG MAG Silver	CA$18.92	2.2% +CA$40.1m	-27.0%	PS117.5x
SVM Silvercorp Metals	CA$3.67	4.9% +CA$30.6m	-52.8%	PS16.7x
EDR Endeavour Silver	CA$4.74	3.3% +CA$27.2m	-47.3%	PS50.4x

May 26

Aya Gold & Silver Completes Airborne Geophysics Survey and Launches Drill Exploration Program At Boumadine

Aya Gold & Silver Inc. announced that it has completed airborne geophysics surveys at its Boumadine and Imiter bis Projects and is launching the 2022 drill exploration program at Boumadine in the Kingdom of Morocco. The Corporation will complete its airborne geophysics survey at Zgounder Regional in June 2022 and start exploration drilling thereafter. Boumadine is a mineralized polymetallic (Au-Ag-Cu-Pb-Zn) structure in a large high-sulfidation epithermal system that hosts several high-grade gold ("Au") and silver ("Ag") zones. Despite historical data at surface and years of high-grade mining, Boumadine remains largely underexplored both at surface and at depth. The very large and intensely advanced clay alteration with vuggy silica supports a major epithermal event, and the newly described chloritic alteration (black iron-rich chlorite) supports the potential of a volcanogenic massive sulphide ("VMS")-style input into the mineralization system. Furthermore, the presence of mineralization in andesitic tuff (beneath the felsic tuff) was documented for the first time. As mineralization was previously believed to be confined only to the felsic units, this observation considerably expands the exploration potential laterally and at depth. Earlier this year, the geological team reviewed all the historical data and completed a 10-day field program with the help of Dr. Damien Gaboury, a specialist in VMS systems. The Corporation subsequently launched a 7,500m DDH exploration program to test a new geological model and extend the known mineralization along strike and at depth. The Corporation is focused on the North, Central and South Zones (Figure 1), with long fences through the whole altered system (high sulfidation mineralization style in some felsic tuff) but also with some deeper drill holes to test at depth (in the andesitic tuff) where mineralization seems more confined and continuous. The preliminary geophysics data from the airborne and hyperspectral surveys, coupled with field work and historical results, show the potential for a much larger mineralized system than previously believed. The Corporation recently completed an initial drill exploration program at Imiter bis including 24 DDH for 4,754m (Figure 2). The Corporation followed up on several 2021 discovery intercepts within the Middle Zone including 1.81 g/t Au over 2.2m and 1.10 g/t Au over 2.3m (PR 01-03-2022), and successfully tested the Northwest, Dilatation, Daoud and the Northeast-Extension Zones. Results are expected in June 2022. Additionally, the airborne geophysical survey was completed in April 2022. Initial fieldwork including prospecting, geological mapping and grab sampling is currently being conducted at Zgounder Regional (Figure 3). Each major structure, alteration zone and vein is systematically being sampled, with a total of 573 grab samples collected to date on 8 of 13 exploration permits surrounding the Zgounder Mine. In addition, approximately 60% of the airborne geophysical survey is complete. This fieldwork will define drill targets for later this year. The Corporation is planning a stream sediment geochemistry program in the coming months as well as channel sampling of the most promising targets generated by the grab sample results. The objective is to generate drill-ready targets for the 7,000m regional drill exploration program scheduled in Q4-2022 and potentially add satellite deposits at Zgounder. A new geological interpretation and model of Boumadine is being completed in addition to metallurgical tests and drill exploration programs along strike and at depth. Multi-element litho-geochemistry will also be undertaken throughout the drill section to better define alteration, mineralization and zonalities. Once the drill results are received in June 2022, Aya will review the data and evaluate phase two drilling at Imiter bis. The scientific and technical information contained in this press release have been reviewed by David Lalonde, B. Sc, Head of Exploration, Qualified Person, for accuracy and compliance with National Instrument 43-101.

Canadian (TSX) Silver Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

SVM

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

MAG

Corporate Secretary exercised options to buy CA$95k worth of stock.

APM

Andean Precious Metals Corp. Provides Production Outlook for the Fiscal Year 2022

DSV

Discovery Silver Corp. Announces Resignation of Mark O'dea as Director

AYA

Aya Gold & Silver Completes Airborne Geophysics Survey and Launches Drill Exploration Program At Boumadine

GGD

GoGold Resources Inc. Announces Further Positive Results of the Metallurgical Testing of the Los Ricos South Deposit

FVI

President recently bought CA$156k worth of stock

EDR

Consensus forecasts updated

SLVR

Silver Tiger Metals Inc. Intersects 2,338.5 G/T Ageq over 1.0 Meter Within A Broader Interval of 9.1 Meters Grading 809.7 G/T Ageq in A Step Out Hole in the Black Shale At the Benjamin Vein

PAAS

Upcoming dividend of US$0.12 per share

AXU

First quarter 2022 earnings released: CA$0.073 loss per share (vs CA$0.03 profit in 1Q 2021)

KTN

Kootenay Silver Inc. Set to Commence 15,000 Meters of Drilling At Columba High-Grade Silver Project, Mexico

SBMI

No independent directors

KUYA

Price target decreased to CA$1.50

DEF

High number of new and inexperienced directors

KS

Independent Director Ian Berzins has left the company