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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies1207
  • 7D-0.01%
  • 3M6.4%
  • 1Y29.8%
  • YTD9.5%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably Teck Resources declined by 3.5%. As for the the longer term, the industry is up 30% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025CA$435.3bCA$107.1bCA$5.2b11.6x84.1x4.1x
Sun, 09 Feb 2025CA$439.0bCA$111.3bCA$715.1m13.4x613.8x3.9x
Tue, 07 Jan 2025CA$404.0bCA$111.6bCA$504.5m13.4x800.7x3.6x
Thu, 05 Dec 2024CA$418.8bCA$109.9bCA$324.7m13.5x1289.8x3.8x
Sat, 02 Nov 2024CA$434.4bCA$108.1b-CA$566,512,321.6115.2x-766.9x4x
Mon, 30 Sep 2024CA$426.5bCA$105.0b-CA$393,933,221.3718.3x-1082.7x4.1x
Wed, 28 Aug 2024CA$411.2bCA$104.9b-CA$618,192,045.8016.3x-665.2x3.9x
Fri, 26 Jul 2024CA$395.7bCA$104.9b-CA$370,816,219.4416.2x-1067.2x3.8x
Sun, 23 Jun 2024CA$373.0bCA$104.9b-CA$563,697,498.6216.5x-661.7x3.6x
Tue, 21 May 2024CA$411.1bCA$104.3b-CA$925,232,305.9918.1x-444.3x3.9x
Thu, 18 Apr 2024CA$371.5bCA$103.9bCA$1.5b17.3x242.7x3.6x
Sat, 16 Mar 2024CA$330.2bCA$103.1bCA$1.4b13.4x241.8x3.2x
Mon, 12 Feb 2024CA$297.7bCA$100.0bCA$3.1b12.7x96.7x3x
Wed, 10 Jan 2024CA$336.5bCA$107.2bCA$1.7b12.8x193.7x3.1x
Fri, 08 Dec 2023CA$335.9bCA$108.3bCA$1.8b12.7x188.6x3.1x
Sun, 05 Nov 2023CA$335.3bCA$107.4bCA$1.7b14x197.9x3.1x
Tue, 03 Oct 2023CA$341.5bCA$106.0bCA$1.6b11.1x212.7x3.2x
Thu, 31 Aug 2023CA$365.7bCA$104.2bCA$1.6b11.3x225.5x3.5x
Sat, 29 Jul 2023CA$369.3bCA$101.5bCA$918.8m13.4x402x3.6x
Mon, 26 Jun 2023CA$354.5bCA$103.6bCA$2.3b12.6x151.3x3.4x
Wed, 24 May 2023CA$375.4bCA$105.5bCA$2.7b14.7x137.5x3.6x
Fri, 21 Apr 2023CA$399.2bCA$107.5bCA$5.2b13.3x76.5x3.7x
Sun, 19 Mar 2023CA$357.0bCA$108.9bCA$7.2b13x49.8x3.3x
Tue, 14 Feb 2023CA$351.3bCA$113.0bCA$11.9b12.6x29.5x3.1x
Thu, 12 Jan 2023CA$366.3bCA$113.5bCA$12.0b13x30.5x3.2x
Sat, 10 Dec 2022CA$342.6bCA$114.6bCA$12.2b11.2x28.2x3x
Mon, 07 Nov 2022CA$305.9bCA$114.6bCA$14.1b8.9x21.7x2.7x
Wed, 05 Oct 2022CA$311.8bCA$115.1bCA$16.2b9.7x19.3x2.7x
Fri, 02 Sep 2022CA$280.3bCA$112.6bCA$15.9b8.8x17.6x2.5x
Sun, 31 Jul 2022CA$296.3bCA$109.8bCA$16.1b9.8x18.4x2.7x
Tue, 28 Jun 2022CA$326.1bCA$106.9bCA$14.6b11.3x22.4x3.1x
Thu, 26 May 2022CA$364.1bCA$106.3bCA$14.5b11x25x3.4x
Sat, 23 Apr 2022CA$403.2bCA$100.7bCA$13.4b11.6x30.1x4x
Mon, 21 Mar 2022CA$426.1bCA$104.3bCA$14.2b11.5x29.9x4.1x
Price to Earnings Ratio

29.9x


Total Market Cap: CA$426.1bTotal Earnings: CA$14.2bTotal Revenue: CA$104.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 277.6x202320242025
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 84.1x which is lower than its 3-year average PE of 278x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 29% 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 Market-1.55%
Materials-0.02%
Metals and Mining-0.0096%
Silver4.92%
Precious Metals and Minerals2.94%
Gold0.65%
Aluminum0%0
Copper-2.03%
Diversified Metals and Mining-2.93%
Steel-3.24%
Industry PE
  • Investors are most optimistic about the Silver industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 41.8%, which is lower than the prior year's growth of 131.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings growth rate of 44% per year.
  • In contrast, the Steel industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
FNV Franco-NevadaCA$216.666.2%
+CA$2.4b		39.9%PE52.3x
WPM Wheaton Precious MetalsCA$105.024.6%
+CA$2.1b		72.4%PE54.3x
FM First Quantum MineralsCA$20.3410.2%
+CA$1.6b		44.7%PE5833.9x
ABX Barrick GoldCA$27.062.5%
+CA$1.2b		26.9%PE15.1x
AGI Alamos GoldCA$35.945.1%
+CA$727.3m		95.3%PE36.9x
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Latest News

AFM

CA$0.46

Alphamin Resources

7D

-41.0%

1Y

-52.6%

NGEX

CA$13.02

NGEx Minerals

7D

-7.5%

1Y

53.9%

AII

CA$1.50

Almonty Industries

7D

-21.5%

1Y

158.6%

ATX

CA$2.08

ATEX Resources

7D

-5.0%

1Y

45.5%

AGI

CA$35.94

Alamos Gold

7D

5.1%

1Y

95.3%

Are Investors Undervaluing Alamos Gold Inc. (TSE:AGI) By 22%?

Mar 12
Are Investors Undervaluing Alamos Gold Inc. (TSE:AGI) By 22%?

FNV

CA$216.66

Franco-Nevada

7D

6.2%

1Y

39.9%

AG

CA$9.65

First Majestic Silver

7D

15.7%

1Y

32.2%

LAC

CA$4.01

Lithium Americas

7D

-7.8%

1Y

-50.7%

K

CA$16.47

Kinross Gold

7D

3.3%

1Y

116.1%

WPM

CA$105.02

Wheaton Precious Metals

7D

4.6%

1Y

72.4%

Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

Mar 04
Investors Will Want Wheaton Precious Metals' (TSE:WPM) Growth In ROCE To Persist

PAAS

CA$36.95

Pan American Silver

7D

5.4%

1Y

93.0%

Pan American Silver's (TSE:PAAS) Solid Profits Have Weak Fundamentals

Mar 04
Pan American Silver's (TSE:PAAS) Solid Profits Have Weak Fundamentals

FOM

CA$3.99

Foran Mining

7D

-4.3%

1Y

-5.0%

IVN

CA$13.91

Ivanhoe Mines

7D

-2.2%

1Y

-12.0%

Ivanhoe Mines (TSE:IVN) Strong Profits May Be Masking Some Underlying Issues

Mar 03
Ivanhoe Mines (TSE:IVN) Strong Profits May Be Masking Some Underlying Issues

CS

CA$7.82

Capstone Copper

7D

-3.8%

1Y

-2.3%

Capstone Copper (TSE:CS) Has A Somewhat Strained Balance Sheet

Mar 03
Capstone Copper (TSE:CS) Has A Somewhat Strained Balance Sheet

ABX

CA$27.06

Barrick Gold

7D

2.5%

1Y

26.9%

FM

CA$20.34

First Quantum Minerals

7D

10.2%

1Y

44.7%