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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies1194
  • 7D2.0%
  • 3M16.0%
  • 1Y33.6%
  • YTD29.3%

First Quantum Minerals is up 12%, leading the way for the Metals and Mining industry, which has gained 2.0%. This means that the industry has gained 34% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Jul 2025CA$520.7bCA$109.0bCA$8.1b16.7x64.3x4.8x
Sat, 31 May 2025CA$489.8bCA$110.7bCA$8.6b14.8x56.9x4.4x
Mon, 28 Apr 2025CA$472.9bCA$105.6bCA$5.9b13.4x79.8x4.5x
Wed, 26 Mar 2025CA$468.6bCA$106.9bCA$5.4b14.6x87.5x4.4x
Fri, 21 Feb 2025CA$436.2bCA$104.3bCA$2.8b12.2x154.5x4.2x
Sun, 19 Jan 2025CA$407.8bCA$112.5bCA$709.1m13.6x575.1x3.6x
Tue, 17 Dec 2024CA$406.8bCA$111.1bCA$459.0m13.2x886.3x3.7x
Thu, 14 Nov 2024CA$398.7bCA$109.0bCA$380.9m13x1046.7x3.7x
Sat, 12 Oct 2024CA$427.9bCA$106.5b-CA$400,466,555.6917.8x-1068.4x4x
Mon, 09 Sep 2024CA$372.6bCA$105.6b-CA$695,038,323.7514.9x-536.1x3.5x
Wed, 07 Aug 2024CA$384.0bCA$105.2b-CA$385,120,576.6413.7x-997.2x3.7x
Fri, 05 Jul 2024CA$389.4bCA$104.4b-CA$549,747,250.1915.5x-708.4x3.7x
Sun, 02 Jun 2024CA$396.2bCA$104.4b-CA$873,069,100.0717x-453.8x3.8x
Tue, 30 Apr 2024CA$384.4bCA$102.8bCA$381.1m17.2x1008.5x3.7x
Thu, 28 Mar 2024CA$338.3bCA$102.9bCA$2.0b14x172.2x3.3x
Sat, 24 Feb 2024CA$296.2bCA$101.7bCA$2.9b14.3x102x2.9x
Mon, 22 Jan 2024CA$325.3bCA$107.4bCA$1.7b12.5x186.8x3x
Wed, 20 Dec 2023CA$522.2tCA$106.8bCA$1.7b13.4x304547.2x4887.4x
Fri, 17 Nov 2023CA$327.8bCA$109.2bCA$1.7b12.4x191.8x3x
Sun, 15 Oct 2023CA$344.8bCA$105.9bCA$1.6b11.6x220x3.3x
Tue, 12 Sep 2023CA$357.7bCA$104.5bCA$1.7b11x206.4x3.4x
Thu, 10 Aug 2023CA$364.7bCA$103.6bCA$805.8m11.5x452.6x3.5x
Sat, 08 Jul 2023CA$356.2bCA$104.1bCA$2.5b12.2x144.2x3.4x
Mon, 05 Jun 2023CA$371.9bCA$104.8bCA$2.6b13.4x144.5x3.5x
Wed, 03 May 2023CA$404.2bCA$106.9bCA$4.5b15x90.1x3.8x
Fri, 31 Mar 2023CA$376.0bCA$107.7bCA$5.2b14.5x71.7x3.5x
Sun, 26 Feb 2023CA$334.9bCA$108.9bCA$8.4b13.6x40.1x3.1x
Tue, 24 Jan 2023CA$373.5bCA$113.2bCA$12.0b12.7x31.1x3.3x
Thu, 22 Dec 2022CA$342.0bCA$114.6bCA$12.1b11.8x28.3x3x
Sat, 19 Nov 2022CA$319.0bCA$112.8bCA$12.1b10.3x26.4x2.8x
Mon, 17 Oct 2022CA$289.5bCA$117.0bCA$16.5b8.6x17.6x2.5x
Wed, 14 Sep 2022CA$307.1bCA$111.4bCA$15.6b9.7x19.6x2.8x
Fri, 12 Aug 2022CA$304.6bCA$107.9bCA$15.1b10.4x20.1x2.8x
Sun, 10 Jul 2022CA$295.8bCA$107.3bCA$14.6b9.6x20.2x2.8x
Price to Earnings Ratio

20.2x


Total Market Cap: CA$295.8bTotal Earnings: CA$14.6bTotal Revenue: CA$107.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 282.4x202320242025
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 64.3x which is lower than its 3-year average PE of 282x.
  • The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 18% 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 Market1.29%
Materials2.02%
Metals and Mining2.03%
Copper10.55%
Diversified Metals and Mining6.08%
Silver2.39%
Precious Metals and Minerals0.64%
Steel0.35%
Gold0.17%
Aluminum0%0
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 58.1%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 6.9% 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
FM First Quantum MineralsCA$25.0911.7%
+CA$2.2b		30.9%PE110.8x
TECK.B Teck ResourcesCA$56.728.1%
+CA$2.1b		-17.6%PS2.9x
LUN Lundin MiningCA$15.068.2%
+CA$976.2m		-4.9%PE85.5x
CS Capstone CopperCA$8.8812.8%
+CA$770.0m		-13.2%PE61.5x
IVN Ivanhoe MinesCA$10.654.8%
+CA$655.8m		-43.1%PE24.8x

Latest News

EDV
CA$41.66
Endeavour Mining
7D
-1.7%
1Y
38.1%
LUG
CA$71.58
Lundin Gold
7D
-1.7%
1Y
251.7%
AGI
CA$36.67
Alamos Gold
7D
2.3%
1Y
66.9%
ORA
CA$34.92
Aura Minerals
7D
-4.7%
1Y
180.9%
NG
CA$6.12
NovaGold Resources
7D
20.0%
1Y
28.3%
OGC
CA$19.18
OceanaGold
7D
-2.2%
1Y
94.9%
FM
CA$25.09
First Quantum Minerals
7D
11.7%
1Y
30.9%
FNV
CA$223.57
Franco-Nevada
7D
-0.2%
1Y
33.8%
IVN
CA$10.65
Ivanhoe Mines
7D
4.8%
1Y
-43.1%
LUN
CA$15.06
Lundin Mining
7D
8.2%
1Y
-4.9%
WPM
CA$121.91
Wheaton Precious Metals
7D
-0.5%
1Y
63.9%
PPTA
CA$16.64
Perpetua Resources
7D
-6.8%
1Y
128.6%
TECK.B
CA$56.72
Teck Resources
7D
8.1%
1Y
-17.6%
CS
CA$8.88
Capstone Copper
7D
12.8%
1Y
-13.2%

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

Jun 18
Capstone Copper (TSE:CS) Has A Somewhat Strained Balance Sheet
HBM
CA$14.88
Hudbay Minerals
7D
10.5%
1Y
14.1%
GMIN
CA$17.26
G Mining Ventures
7D
-2.8%
1Y
81.3%