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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedMay 10, 2025
DataAggregated Company Financials
Companies1202
  • 7D6.1%
  • 3M11.6%
  • 1Y23.0%
  • YTD21.4%

The Metals and Mining industry has gained 3.2% in the last week and Wheaton Precious Metals up 7.1%. In the same time, Ivanhoe Mines was down 6.2%. This takes the industry's 12 month performance to a gain of 20%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the Canadian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 May 2025CA$476.1bCA$111.3bCA$8.5b14.2x55.9x4.3x
Mon, 07 Apr 2025CA$409.8bCA$106.9bCA$5.4b12.3x76.3x3.8x
Wed, 05 Mar 2025CA$421.9bCA$107.1bCA$3.4b11.1x122.4x3.9x
Fri, 31 Jan 2025CA$411.0bCA$112.6bCA$676.5m13.4x607.6x3.7x
Sun, 29 Dec 2024CA$394.1bCA$112.1bCA$514.3m12.8x766.3x3.5x
Tue, 26 Nov 2024CA$420.5bCA$109.3bCA$329.0m12.5x1278.4x3.8x
Thu, 24 Oct 2024CA$459.8bCA$106.1b-CA$663,247,632.5617.7x-693.3x4.3x
Sat, 21 Sep 2024CA$416.5bCA$105.6b-CA$627,952,331.1016.2x-663.3x3.9x
Mon, 19 Aug 2024CA$400.0bCA$106.3b-CA$628,140,927.3014.3x-636.8x3.8x
Wed, 17 Jul 2024CA$411.5bCA$104.2b-CA$116,922,279.2715.5x-3519.7x3.9x
Fri, 14 Jun 2024CA$370.4bCA$105.1b-CA$612,773,357.4616.2x-604.5x3.5x
Sun, 12 May 2024CA$391.8bCA$104.4b-CA$451,294,419.1616.9x-868.1x3.8x
Tue, 09 Apr 2024CA$367.9bCA$102.6bCA$1.4b17.9x259.9x3.6x
Thu, 07 Mar 2024CA$312.9bCA$102.6bCA$886.7m14.9x352.8x3.1x
Sat, 03 Feb 2024CA$329.8bCA$107.6bCA$1.7b12.9x189.3x3.1x
Mon, 01 Jan 2024CA$345.3bCA$106.3bCA$1.7b14x202.8x3.2x
Wed, 29 Nov 2023CA$332.1bCA$108.2bCA$1.7b12.2x194.9x3.1x
Fri, 27 Oct 2023CA$341.8bCA$106.7bCA$1.3b11.8x256.1x3.2x
Sun, 24 Sep 2023CA$351.1bCA$104.9bCA$1.6b10.7x221x3.3x
Tue, 22 Aug 2023CA$346.5bCA$104.3bCA$1.4b11.3x247.1x3.3x
Thu, 20 Jul 2023CA$378.4bCA$103.5bCA$2.4b12.7x155.4x3.7x
Sat, 17 Jun 2023CA$367.0bCA$103.7bCA$2.4b12.1x154.1x3.5x
Mon, 15 May 2023CA$394.0bCA$106.0bCA$3.0b15.5x130x3.7x
Wed, 12 Apr 2023CA$398.1bCA$107.4bCA$5.2b14.4x76.1x3.7x
Fri, 10 Mar 2023CA$338.9bCA$109.4bCA$8.1b13.7x42x3.1x
Sun, 05 Feb 2023CA$363.8bCA$113.3bCA$12.0b13.1x30.4x3.2x
Tue, 03 Jan 2023CA$338.1bCA$114.2bCA$12.1b11.8x28x3x
Thu, 01 Dec 2022CA$339.6bCA$113.9bCA$12.1b11.1x28.1x3x
Sat, 29 Oct 2022CA$298.0bCA$115.9bCA$14.4b8.6x20.7x2.6x
Mon, 26 Sep 2022CA$279.1bCA$115.1bCA$16.1b9.1x17.3x2.4x
Wed, 24 Aug 2022CA$304.9bCA$110.7bCA$15.8b9.5x19.3x2.8x
Fri, 22 Jul 2022CA$280.1bCA$107.0bCA$14.4b9.5x19.4x2.6x
Sun, 19 Jun 2022CA$337.6bCA$108.0bCA$14.7b11.9x22.9x3.1x
Tue, 17 May 2022CA$347.9bCA$106.6bCA$14.6b10.9x23.9x3.3x
Price to Earnings Ratio

23.9x


Total Market Cap: CA$347.9bTotal Earnings: CA$14.6bTotal Revenue: CA$106.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 280.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Metals and Mining 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 64.1x which is lower than its 3-year average PE of 280x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 20% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Materials industry?

CA Market1.77%
Materials5.43%
Metals and Mining6.09%
Silver10.88%
Gold7.66%
Precious Metals and Minerals7.09%
Copper2.99%
Diversified Metals and Mining0.20%
Aluminum0%0
Steel-2.37%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 52.1%, which is higher than its past year's earnings decline of 81.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings decline of 82% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 2.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WPM Wheaton Precious MetalsCA$119.567.1%
+CA$3.6b
59.2%PE62.9x
LUG Lundin GoldCA$67.7924.0%
+CA$3.2b
234.1%PE21.8x
ABX Barrick MiningCA$27.096.6%
+CA$2.9b
17.1%PE14.4x
PAAS Pan American SilverCA$37.9016.7%
+CA$2.0b
36.0%PE31.7x
K Kinross GoldCA$20.998.0%
+CA$1.8b
102.2%PE15.3x
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Latest News

ORA

CA$26.88

Aura Minerals

7D

-3.2%

1Y

148.9%

LUG

CA$67.79

Lundin Gold

7D

24.0%

1Y

234.1%

WPM

CA$119.56

Wheaton Precious Metals

7D

7.1%

1Y

59.2%

LIF

CA$27.93

Labrador Iron Ore Royalty

7D

-5.5%

1Y

-8.1%

FNV

CA$235.72

Franco-Nevada

7D

3.5%

1Y

34.9%

PAAS

CA$37.90

Pan American Silver

7D

16.7%

1Y

36.0%

OGC

CA$6.12

OceanaGold

7D

32.2%

1Y

91.3%

FVI

CA$7.93

Fortuna Mining

7D

-3.1%

1Y

11.5%

NG

CA$5.30

NovaGold Resources

7D

-6.9%

1Y

35.5%

ABX

CA$27.09

Barrick Mining

7D

6.6%

1Y

17.1%

K

CA$20.99

Kinross Gold

7D

8.0%

1Y

102.2%

SLS

CA$5.81

Solaris Resources

7D

-5.5%

1Y

12.8%

SIG

CA$0.47

Sitka Gold

7D

-19.0%

1Y

104.3%

UCU

CA$1.57

Ucore Rare Metals

7D

-20.3%

1Y

127.5%

IVN

CA$13.38

Ivanhoe Mines

7D

-6.2%

1Y

-31.9%