We're Hopeful That Giyani Metals (CVE:EMM) Will Use Its Cash Wisely
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
In the last week, the Steel industry is up 1.6%, with Labrador Iron Ore Royalty up 5.4%. Meanwhile, Colonial Coal International actually underperformed within the industry, shrinking 7.7% in the last week. However, the industry is down 4.6% over the past year. As for the next few years, earnings are forecast to decline by 37% per annum.
Has the Canadian Steel Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE |
---|---|---|---|---|
Tue, 24 May 2022 | CA$5.5b | CA$5.5b | CA$2.2b | 4.5x |
Thu, 21 Apr 2022 | CA$7.1b | CA$5.2b | CA$2.1b | 5.9x |
Sat, 19 Mar 2022 | CA$7.0b | CA$5.2b | CA$2.1b | 5x |
Mon, 14 Feb 2022 | CA$6.4b | CA$4.4b | CA$1.4b | 4.6x |
Wed, 12 Jan 2022 | CA$6.3b | CA$4.3b | CA$1.4b | 4.6x |
Fri, 10 Dec 2021 | CA$6.5b | CA$4.4b | CA$1.4b | 4.5x |
Sun, 07 Nov 2021 | CA$6.4b | CA$3.1b | CA$700.0m | 5.5x |
Tue, 05 Oct 2021 | CA$5.8b | CA$3.1b | CA$647.0m | 6.1x |
Thu, 02 Sep 2021 | CA$7.2b | CA$3.1b | CA$642.0m | 6.4x |
Sat, 31 Jul 2021 | CA$7.5b | CA$3.1b | CA$642.0m | 6.4x |
Tue, 04 May 2021 | CA$6.1b | CA$2.5b | CA$162.5m | 4.9x |
Fri, 05 Feb 2021 | CA$4.3b | CA$2.3b | -CA$26,143,053.99 | 8.1x |
Mon, 09 Nov 2020 | CA$3.2b | CA$2.4b | -CA$13,996,463.72 | 8.1x |
Sun, 02 Aug 2020 | CA$2.6b | CA$2.6b | CA$68.3m | 8.9x |
Wed, 06 May 2020 | CA$2.0b | CA$2.7b | CA$123.3m | 7.4x |
Sat, 08 Feb 2020 | CA$2.5b | CA$2.7b | CA$194.6m | 19.9x |
Fri, 01 Nov 2019 | CA$2.6b | CA$2.9b | CA$346.9m | 5.9x |
Mon, 05 Aug 2019 | CA$3.7b | CA$3.1b | CA$475.6m | 5.5x |
13.1x
How does Canadian Steel compare with similar industries?
CA Market | 0.16% | |
Materials | 1.53% | |
Metals and Mining | 3.09% | |
Steel | 1.57% | |
Copper | 5.58% | |
Silver | 4.11% | |
Diversified Metals and Mining | 3.06% | |
Gold | 2.65% | |
Precious Metals and Minerals | 0.30% | |
Aluminum | -7.81% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
LIF Labrador Iron Ore Royalty | CA$32.90 | 5.4% +CA$108.2m | -22.9% | PS5.9x | |
CSO Corsa Coal | CA$0.33 | 10.0% +CA$3.1m | -10.8% | PS13.6x | |
STLC Stelco Holdings | CA$38.39 | 0.08% +CA$2.2m | 13.3% | PS1.6x | |
DRX ADF Group | CA$1.54 | 2.7% +CA$1.3m | 14.9% | PS5.3x | |
EMM Giyani Metals | CA$0.36 | 1.4% +CA$1.1m | -14.3% | PB2.7x |