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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedMay 19, 2025
DataAggregated Company Financials
Companies1196
  • 7D-4.5%
  • 3M5.7%
  • 1Y11.4%
  • YTD14.9%

Over the last 7 days, the Metals and Mining industry has dropped 4.5%, driven by a pullback from Teck Resources of 5.4%. In the past year, the industry has gained 11%. 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
Tue, 20 May 2025CA$417.7bCA$94.1bCA$5.6b13x74.8x4.4x
Thu, 17 Apr 2025CA$475.2bCA$104.5bCA$5.1b15.4x93.4x4.5x
Sat, 15 Mar 2025CA$452.3bCA$107.2bCA$5.1b12.5x88.7x4.2x
Mon, 10 Feb 2025CA$439.1bCA$111.3bCA$715.1m13.4x614x3.9x
Wed, 08 Jan 2025CA$399.6bCA$111.8bCA$510.6m13.5x782.5x3.6x
Fri, 06 Dec 2024CA$417.6bCA$109.7bCA$321.4m13.5x1299.3x3.8x
Sun, 03 Nov 2024CA$429.2bCA$105.2b-CA$738,905,752.2514.8x-580.9x4.1x
Tue, 01 Oct 2024CA$426.5bCA$105.0b-CA$393,736,407.6517.9x-1083.2x4.1x
Thu, 29 Aug 2024CA$408.5bCA$105.1b-CA$629,440,971.9416.3x-649x3.9x
Sat, 27 Jul 2024CA$389.2bCA$105.0b-CA$294,133,114.1414.7x-1323.4x3.7x
Mon, 24 Jun 2024CA$373.0bCA$104.9b-CA$564,078,017.6216.5x-661.2x3.6x
Wed, 22 May 2024CA$411.1bCA$104.5b-CA$923,046,919.6018.5x-445.4x3.9x
Fri, 19 Apr 2024CA$375.0bCA$103.8bCA$1.5b17.4x246.5x3.6x
Sun, 17 Mar 2024CA$334.0bCA$103.1bCA$1.4b13.4x244.9x3.2x
Tue, 13 Feb 2024CA$299.1bCA$100.0bCA$3.1b12.9x97.3x3x
Thu, 11 Jan 2024CA$336.5bCA$107.1bCA$1.7b12.7x194.4x3.1x
Sat, 09 Dec 2023CA$335.9bCA$108.3bCA$1.8b12.8x189.6x3.1x
Mon, 06 Nov 2023CA$335.3bCA$107.4bCA$1.7b14x198x3.1x
Wed, 04 Oct 2023CA$332.3bCA$106.0bCA$1.6b11.2x206.3x3.1x
Fri, 01 Sep 2023CA$364.3bCA$104.1bCA$1.7b11.3x216.7x3.5x
Sun, 30 Jul 2023CA$369.3bCA$101.5bCA$919.2m13.4x401.8x3.6x
Tue, 27 Jun 2023CA$356.3bCA$103.4bCA$2.3b12.9x152.9x3.4x
Thu, 25 May 2023CA$368.0bCA$106.0bCA$2.7b14.2x134.4x3.5x
Sat, 22 Apr 2023CA$395.2bCA$107.8bCA$5.2b13.7x75.7x3.7x
Mon, 20 Mar 2023CA$357.0bCA$108.9bCA$7.2b13x49.9x3.3x
Wed, 15 Feb 2023CA$353.2bCA$113.0bCA$11.9b12.3x29.6x3.1x
Fri, 13 Jan 2023CA$371.1bCA$113.1bCA$12.0b13x31x3.3x
Sun, 11 Dec 2022CA$342.6bCA$114.6bCA$12.2b11.2x28.2x3x
Tue, 08 Nov 2022CA$306.1bCA$114.4bCA$14.1b8.7x21.8x2.7x
Thu, 06 Oct 2022CA$310.0bCA$115.8bCA$16.3b9.4x19x2.7x
Sat, 03 Sep 2022CA$287.7bCA$112.1bCA$15.8b9.1x18.2x2.6x
Mon, 01 Aug 2022CA$296.3bCA$109.8bCA$16.1b9.5x18.4x2.7x
Wed, 29 Jun 2022CA$321.4bCA$107.0bCA$14.6b10.9x22x3x
Fri, 27 May 2022CA$364.1bCA$106.3bCA$14.5b11x25x3.4x
Price to Earnings Ratio

25x


Total Market Cap: CA$364.1bTotal Earnings: CA$14.5bTotal Revenue: CA$106.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 280.9x202320242025
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 74.8x which is lower than its 3-year average PE of 281x.
  • 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 27% per year over the last three years,
  • Revenues have also declined 4.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

CA Market1.46%
Materials-3.39%
Metals and Mining-4.45%
Steel0.38%
Aluminum0%0
Precious Metals and Minerals-0.76%
Silver-1.11%
Copper-1.53%
Diversified Metals and Mining-2.29%
Gold-5.90%
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 48.5%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 50% over the next 5 years.
  • However this is lower than its past earnings growth rate of 394% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 5.7% 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
IAU i-80 GoldCA$0.712.9%
+CA$270.1m
-58.0%PS7.4x
OR OR RoyaltiesCA$32.633.8%
+CA$225.0m
44.1%PE142.4x
LUG Lundin GoldCA$56.611.3%
+CA$173.4m
182.1%PE18.1x
CGG China Gold International ResourcesCA$9.584.2%
+CA$154.6m
4.2%PE15.6x
FNV Franco-NevadaCA$222.680.3%
+CA$144.5m
27.4%PE49.7x
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Latest News

IAU

CA$0.71

i-80 Gold

7D

2.9%

1Y

-58.0%

OR

CA$32.63

OR Royalties

7D

3.8%

1Y

44.1%

IVN

CA$13.81

Ivanhoe Mines

7D

-4.4%

1Y

-34.5%

CGG

CA$9.58

China Gold International Resources

7D

4.2%

1Y

4.2%

LUG

CA$56.61

Lundin Gold

7D

1.3%

1Y

182.1%

FOM

CA$3.07

Foran Mining

7D

-15.9%

1Y

-32.4%

WPM

CA$109.77

Wheaton Precious Metals

7D

-0.7%

1Y

41.5%

FNV

CA$222.68

Franco-Nevada

7D

0.3%

1Y

27.4%

NG

CA$5.03

NovaGold Resources

7D

4.4%

1Y

5.5%

AFM

CA$0.95

Alphamin Resources

7D

5.6%

1Y

-17.4%

TECK.B

CA$49.86

Teck Resources

7D

-5.4%

1Y

-31.9%

FM

CA$19.53

First Quantum Minerals

7D

-3.2%

1Y

0.5%

CS

CA$6.60

Capstone Copper

7D

-7.7%

1Y

-41.1%

MAU

CA$3.87

Montage Gold

7D

5.2%

1Y

156.3%