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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedApr 09, 2025
DataAggregated Company Financials
Companies1203
  • 7D-12.7%
  • 3M-1.0%
  • 1Y4.8%
  • YTD0.2%

Over the last 7 days, the Metals and Mining industry has dropped 13%, driven by pullbacks in Teck Resources and Barrick Gold of 21% and 11%, respectively. On the other hand Alphamin Resources is actually up 18%. This takes the industry's 12 month performance to a gain of 4.8%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Apr 2025CA$409.8bCA$107.0bCA$5.4b12.3x76.4x3.8x
Fri, 07 Mar 2025CA$439.8bCA$106.6bCA$4.4b11.9x100.4x4.1x
Sun, 02 Feb 2025CA$420.6bCA$112.9bCA$691.2m13.1x608.5x3.7x
Tue, 31 Dec 2024CA$394.1bCA$111.7bCA$503.5m12.9x782.7x3.5x
Thu, 28 Nov 2024CA$411.5bCA$109.6bCA$353.5m12.8x1164.2x3.8x
Sat, 26 Oct 2024CA$450.8bCA$107.4b-CA$879,305,331.3717.4x-512.7x4.2x
Mon, 23 Sep 2024CA$419.4bCA$105.6b-CA$629,794,981.2516.2x-666x4x
Wed, 21 Aug 2024CA$407.4bCA$105.9b-CA$630,983,000.6815.1x-645.7x3.8x
Fri, 19 Jul 2024CA$408.6bCA$104.5b-CA$92,644,138.0515.5x-4410.3x3.9x
Sun, 16 Jun 2024CA$370.9bCA$105.1b-CA$595,237,936.3616.2x-623.1x3.5x
Tue, 14 May 2024CA$388.8bCA$104.5b-CA$470,051,129.8915.8x-827.1x3.7x
Thu, 11 Apr 2024CA$376.1bCA$103.2bCA$1.4b17.8x262.7x3.6x
Sat, 09 Mar 2024CA$321.7bCA$102.6bCA$1.2b15.5x264.2x3.1x
Mon, 05 Feb 2024CA$329.9bCA$107.6bCA$1.7b12.9x189.4x3.1x
Wed, 03 Jan 2024CA$344.1bCA$106.8bCA$1.7b13.4x200.1x3.2x
Fri, 01 Dec 2023CA$339.8bCA$108.1bCA$1.8b13.4x193.9x3.1x
Sun, 29 Oct 2023CA$346.8bCA$107.0bCA$1.4b11.6x253.2x3.2x
Tue, 26 Sep 2023CA$347.7bCA$104.8bCA$1.6b10.8x219.1x3.3x
Thu, 24 Aug 2023CA$359.8bCA$104.2bCA$1.4b11.6x258.6x3.5x
Sat, 22 Jul 2023CA$372.4bCA$103.8bCA$2.4b12.7x152.8x3.6x
Mon, 19 Jun 2023CA$366.9bCA$103.7bCA$2.4b12.1x154x3.5x
Wed, 17 May 2023CA$388.1bCA$105.3bCA$2.8b14.1x140.6x3.7x
Fri, 14 Apr 2023CA$408.5bCA$106.6bCA$5.2b14.5x78.8x3.8x
Sun, 12 Mar 2023CA$339.3bCA$109.4bCA$7.7b13.3x43.8x3.1x
Tue, 07 Feb 2023CA$358.3bCA$113.6bCA$12.0b13.4x29.9x3.2x
Thu, 05 Jan 2023CA$352.9bCA$113.8bCA$12.0b12x29.3x3.1x
Sat, 03 Dec 2022CA$348.9bCA$113.6bCA$12.1b11.7x28.9x3.1x
Mon, 31 Oct 2022CA$298.1bCA$115.9bCA$14.4b8.6x20.7x2.6x
Wed, 28 Sep 2022CA$276.6bCA$116.3bCA$16.3b8.8x17x2.4x
Fri, 26 Aug 2022CA$310.7bCA$110.7bCA$15.8b9.7x19.7x2.8x
Sun, 24 Jul 2022CA$278.4bCA$106.8bCA$14.4b9.3x19.4x2.6x
Tue, 21 Jun 2022CA$337.9bCA$107.7bCA$14.7b11.6x23x3.1x
Thu, 19 May 2022CA$354.9bCA$106.4bCA$14.6b11x24.3x3.3x
Sat, 16 Apr 2022CA$440.4bCA$100.8bCA$13.3b12x33.2x4.4x
Price to Earnings Ratio

33.2x


Total Market Cap: CA$440.4bTotal Earnings: CA$13.3bTotal Revenue: CA$100.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 279x202320242025
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 76.4x which is lower than its 3-year average PE of 279x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 26% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.0% per year.
  • This means that although more sales are being generated, 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-9.78%
Materials-12.01%
Metals and Mining-12.73%
Aluminum0%0
Gold-9.46%
Precious Metals and Minerals-12.82%
Steel-13.05%
Silver-16.72%
Diversified Metals and Mining-17.59%
Copper-24.72%
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 38.4%, which is lower than the prior year's growth of 59.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 63% over the next 5 years.
  • 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
AFM Alphamin ResourcesCA$0.6017.6%
+CA$115.1m
-48.7%PE7.4x
GUS Angus GoldCA$0.7460.9%
+CA$16.9m
21.3%PB7.7x
MKA Mkango ResourcesCA$0.3119.2%
+CA$16.3m
181.8%PB23.2x
LUM Lumina GoldCA$0.635.0%
+CA$12.5m
5.0%PE-4.4x
GGA Goldgroup MiningCA$0.768.6%
+CA$11.0m
2,940.0%PS4.6x
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Latest News

ESAU

CA$0.49

ESGold

7D

58.1%

1Y

263.0%

GUS

CA$0.74

Angus Gold

7D

60.9%

1Y

21.3%

IVN

CA$10.59

Ivanhoe Mines

7D

-19.5%

1Y

-40.6%

PAAS

CA$30.95

Pan American Silver

7D

-15.5%

1Y

18.1%

LUM

CA$0.63

Lumina Gold

7D

5.0%

1Y

5.0%

FM

CA$15.05

First Quantum Minerals

7D

-25.9%

1Y

-6.8%

GGA

CA$0.76

Goldgroup Mining

7D

8.6%

1Y

2,940.0%

LRA

CA$1.39

Lara Exploration

7D

13.9%

1Y

113.8%

BSX

CA$0.20

Belo Sun Mining

7D

10.8%

1Y

355.6%

MKA

CA$0.31

Mkango Resources

7D

19.2%

1Y

181.8%

AFM

CA$0.60

Alphamin Resources

7D

17.6%

1Y

-48.7%