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- 7D-9.7%
- 3M-4.7%
- 1Y74.3%
- YTD-2.2%
Over the last 7 days, the Metals and Mining industry has dropped 11%, driven by pullbacks in Barrick Mining and Wheaton Precious Metals of 12% and 14%, respectively. Over the past 12 months, the industry was up 74%. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Canadian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 25 Mar 2026 | CA$844.6b | CA$137.6b | CA$26.0b | 16.4x | 32.5x | 6.1x |
| Fri, 20 Feb 2026 | CA$1.0t | CA$131.9b | CA$21.2b | 23x | 48.3x | 7.7x |
| Sun, 18 Jan 2026 | CA$987.5b | CA$126.9b | CA$17.7b | 24.6x | 55.7x | 7.8x |
| Tue, 16 Dec 2025 | CA$850.3b | CA$125.8b | CA$17.5b | 21.4x | 48.5x | 6.8x |
| Thu, 13 Nov 2025 | CA$747.5b | CA$125.5b | CA$17.3b | 22.7x | 43.1x | 6x |
| Sat, 11 Oct 2025 | CA$752.5b | CA$117.9b | CA$12.3b | 24x | 61.3x | 6.4x |
| Mon, 08 Sep 2025 | CA$644.0b | CA$118.4b | CA$12.0b | 18x | 53.4x | 5.4x |
| Wed, 06 Aug 2025 | CA$517.3b | CA$112.3b | CA$9.9b | 19.3x | 52.2x | 4.6x |
| Fri, 04 Jul 2025 | CA$526.7b | CA$108.9b | CA$8.1b | 16.7x | 65.2x | 4.8x |
| Sun, 01 Jun 2025 | CA$488.9b | CA$110.7b | CA$8.6b | 14.8x | 56.8x | 4.4x |
| Tue, 29 Apr 2025 | CA$472.9b | CA$105.3b | CA$5.9b | 13.5x | 80.6x | 4.5x |
| Thu, 27 Mar 2025 | CA$473.4b | CA$107.0b | CA$5.3b | 14.7x | 89.1x | 4.4x |
| Sat, 22 Feb 2025 | CA$426.8b | CA$105.3b | CA$3.1b | 12.2x | 138.6x | 4.1x |
| Mon, 20 Jan 2025 | CA$407.8b | CA$112.5b | CA$708.7m | 13.6x | 575.4x | 3.6x |
| Wed, 18 Dec 2024 | CA$402.2b | CA$111.5b | CA$449.5m | 13.1x | 894.8x | 3.6x |
| Fri, 15 Nov 2024 | CA$392.5b | CA$109.4b | CA$315.1m | 12.8x | 1245.5x | 3.6x |
| Sun, 13 Oct 2024 | CA$430.7b | CA$106.5b | -CA$380,011,853.16 | 17.8x | -1133.4x | 4x |
| Tue, 10 Sep 2024 | CA$377.1b | CA$105.6b | -CA$694,917,021.03 | 15.2x | -542.6x | 3.6x |
| Thu, 08 Aug 2024 | CA$370.4b | CA$105.0b | -CA$422,699,404.35 | 13.7x | -876.3x | 3.5x |
| Sat, 06 Jul 2024 | CA$390.1b | CA$104.5b | -CA$547,478,544.90 | 15.7x | -712.5x | 3.7x |
| Mon, 03 Jun 2024 | CA$396.2b | CA$104.4b | -CA$873,069,100.07 | 17x | -453.8x | 3.8x |
| Wed, 01 May 2024 | CA$372.9b | CA$103.4b | CA$379.0m | 17x | 983.8x | 3.6x |
| Fri, 29 Mar 2024 | CA$340.8b | CA$102.5b | CA$1.9b | 13.9x | 183.2x | 3.3x |
| Sun, 25 Feb 2024 | CA$296.2b | CA$101.7b | CA$2.9b | 14.3x | 101.8x | 2.9x |
| Tue, 23 Jan 2024 | CA$324.1b | CA$107.7b | CA$1.8b | 12.3x | 184.6x | 3x |
| Thu, 21 Dec 2023 | CA$349.6b | CA$107.0b | CA$1.7b | 13.5x | 203.5x | 3.3x |
| Sat, 18 Nov 2023 | CA$327.9b | CA$109.0b | CA$1.7b | 12.4x | 194.1x | 3x |
| Mon, 16 Oct 2023 | CA$344.8b | CA$105.9b | CA$1.6b | 11.6x | 220.9x | 3.3x |
| Wed, 13 Sep 2023 | CA$357.7b | CA$104.3b | CA$1.7b | 11.1x | 206.8x | 3.4x |
| Fri, 11 Aug 2023 | CA$363.4b | CA$104.1b | CA$493.7m | 11.1x | 736x | 3.5x |
| Sun, 09 Jul 2023 | CA$356.2b | CA$104.1b | CA$2.5b | 12.2x | 144.2x | 3.4x |
| Tue, 06 Jun 2023 | CA$372.0b | CA$104.9b | CA$2.6b | 14.3x | 144.2x | 3.5x |
| Thu, 04 May 2023 | CA$404.5b | CA$106.6b | CA$3.9b | 15.8x | 102.7x | 3.8x |
| Sat, 01 Apr 2023 | CA$376.0b | CA$107.6b | CA$5.2b | 13.9x | 72.9x | 3.5x |
Price to Earnings Ratio
72.9x
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 31.4x which is lower than its 3-year average PE of 289x.
- The 3-year average PS ratio of 8.8x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 70% per year over the last three years.
- Revenues for these companies have grown 8.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -2.66% | |
| Materials | -9.00% | |
| Metals and Mining | -9.73% | |
| Aluminum | 0% | 0 |
| Steel | -0.65% | |
| Copper | -7.29% | |
| Diversified Metals and Mining | -7.91% | |
| Silver | -9.31% | |
| Precious Metals and Minerals | -10.27% | |
| Gold | -10.51% | |
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 35.2%, which is higher than its past year's earnings growth of 31.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 64% over the next 5 years.
- However this is lower than its past earnings growth rate of 188% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 7.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAR Lithium Argentina | CA$9.71 | 6.7% +CA$99.0m | 198.8% | PB1.5x | |
| ARA Aclara Resources | CA$3.50 | 12.5% +CA$86.7m | 560.4% | PB3.7x | |
| LAC Lithium Americas | CA$5.54 | -9.8% CA$61.0m | 32.5% | PB1.3x | |
| REG Regulus Resources | CA$4.00 | 10.5% +CA$47.7m | 77.8% | PB7.6x | |
| LA Los Andes Copper | CA$12.59 | 9.0% +CA$30.9m | 86.8% | PB4.5x |
