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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedMay 24, 2025
DataAggregated Company Financials
Companies1196
  • 7D5.9%
  • 3M14.6%
  • 1Y22.4%
  • YTD21.7%

In the last week, the Metals and Mining industry is up 3.5%, with Wheaton Precious Metals up 8.3%. During this same period, the Ivanhoe Mines underperformed, falling 7.0%. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 May 2025CA$435.6bCA$92.7bCA$5.4b13.9x80.5x4.7x
Mon, 21 Apr 2025CA$476.2bCA$104.5bCA$5.1b14.1x94.1x4.6x
Wed, 19 Mar 2025CA$467.3bCA$106.9bCA$5.2b12.6x90.3x4.4x
Fri, 14 Feb 2025CA$447.1bCA$112.1bCA$3.9b13.2x113.5x4x
Sun, 12 Jan 2025CA$410.4bCA$112.2bCA$536.7m13.5x764.6x3.7x
Tue, 10 Dec 2024CA$411.6bCA$110.6bCA$356.0m13.7x1156.2x3.7x
Thu, 07 Nov 2024CA$429.1bCA$105.8b-CA$246,334,766.3615x-1742x4.1x
Sat, 05 Oct 2024CA$420.2bCA$105.3b-CA$375,199,690.9117.8x-1119.9x4x
Mon, 02 Sep 2024CA$401.9bCA$105.1b-CA$687,231,329.6917.2x-584.9x3.8x
Wed, 31 Jul 2024CA$395.3bCA$105.1b-CA$291,796,421.8015.3x-1354.8x3.8x
Fri, 28 Jun 2024CA$376.8bCA$104.9b-CA$563,909,095.7215.6x-668.3x3.6x
Sun, 26 May 2024CA$396.6bCA$104.7b-CA$945,430,238.1618x-419.5x3.8x
Tue, 23 Apr 2024CA$376.5bCA$103.7bCA$1.5b17.5x249.4x3.6x
Thu, 21 Mar 2024CA$325.9bCA$102.8bCA$1.3b13.3x250.5x3.2x
Sat, 17 Feb 2024CA$296.7bCA$100.7bCA$5.0b12.7x59.8x2.9x
Mon, 15 Jan 2024CA$340.9bCA$107.3bCA$1.7b12.9x195.1x3.2x
Wed, 13 Dec 2023CA$325.5bCA$108.3bCA$1.8b12.4x182.8x3x
Fri, 10 Nov 2023CA$319.8bCA$109.5bCA$2.1b13.3x151.4x2.9x
Sun, 08 Oct 2023CA$339.2bCA$105.9bCA$1.6b11x212.7x3.2x
Tue, 05 Sep 2023CA$366.5bCA$104.6bCA$1.7b11.3x211.8x3.5x
Thu, 03 Aug 2023CA$364.9bCA$102.7bCA$708.2m11.9x515.3x3.6x
Sat, 01 Jul 2023CA$360.7bCA$104.0bCA$2.5b12x146.6x3.5x
Mon, 29 May 2023CA$365.5bCA$106.0bCA$2.8b14.5x132.9x3.4x
Wed, 26 Apr 2023CA$395.2bCA$108.4bCA$5.2b13.6x75.4x3.6x
Fri, 24 Mar 2023CA$363.4bCA$108.9bCA$6.9b13.6x52.7x3.3x
Sun, 19 Feb 2023CA$350.0bCA$111.5bCA$9.5b13.1x37x3.1x
Tue, 17 Jan 2023CA$369.7bCA$113.4bCA$12.0b12.6x30.8x3.3x
Thu, 15 Dec 2022CA$346.5bCA$114.1bCA$12.1b10.9x28.6x3x
Sat, 12 Nov 2022CA$331.3bCA$112.7bCA$13.5b9.2x24.5x2.9x
Mon, 10 Oct 2022CA$300.8bCA$115.9bCA$16.3b9.1x18.5x2.6x
Wed, 07 Sep 2022CA$285.2bCA$112.3bCA$15.7b8.7x18.1x2.5x
Fri, 05 Aug 2022CA$295.0bCA$109.9bCA$15.4b9.7x19.1x2.7x
Sun, 03 Jul 2022CA$302.7bCA$107.2bCA$14.6b10.5x20.7x2.8x
Tue, 31 May 2022CA$368.5bCA$105.3bCA$14.3b12.1x25.8x3.5x
Price to Earnings Ratio

25.8x


Total Market Cap: CA$368.5bTotal Earnings: CA$14.3bTotal Revenue: CA$105.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 281.1x202320242025
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 79.6x 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 4.7x.
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 3.9% 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 Market-0.17%
Materials4.89%
Metals and Mining5.93%
Gold7.52%
Silver6.29%
Precious Metals and Minerals5.81%
Copper5.77%
Diversified Metals and Mining0.89%
Steel0.046%
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 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 51% over the next 5 years.
  • However this is lower than its past earnings growth rate of 383% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 5.8% 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
WPM Wheaton Precious MetalsCA$118.918.3%
+CA$4.1b
54.3%PE63.5x
LUG Lundin GoldCA$63.6312.4%
+CA$1.7b
223.2%PE20.8x
FNV Franco-NevadaCA$230.373.5%
+CA$1.5b
38.2%PE52.4x
K Kinross GoldCA$20.195.2%
+CA$1.2b
82.9%PE14.9x
EDV Endeavour MiningCA$42.2510.0%
+CA$925.1m
45.3%PS2.3x
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Latest News

LN

CA$0.67

Loncor Gold

7D

-25.6%

1Y

36.7%

FNV

CA$230.37

Franco-Nevada

7D

3.5%

1Y

38.2%

IVN

CA$12.85

Ivanhoe Mines

7D

-7.0%

1Y

-33.7%

SVRS

CA$0.13

Silver Storm Mining

7D

-21.2%

1Y

-23.5%

FM

CA$20.49

First Quantum Minerals

7D

4.9%

1Y

13.2%

EDV

CA$42.25

Endeavour Mining

7D

10.0%

1Y

45.3%

LUG

CA$63.63

Lundin Gold

7D

12.4%

1Y

223.2%

LAR

CA$2.58

Lithium Argentina

7D

-5.1%

1Y

-60.1%

WPM

CA$118.91

Wheaton Precious Metals

7D

8.3%

1Y

54.3%

NG

CA$4.91

NovaGold Resources

7D

-2.4%

1Y

-0.6%

LUN

CA$13.10

Lundin Mining

7D

6.4%

1Y

-20.8%

DRX

CA$6.99

ADF Group

7D

-8.5%

1Y

-59.7%

K

CA$20.19

Kinross Gold

7D

5.2%

1Y

82.9%

RML

CA$0.61

Rusoro Mining

7D

-7.6%

1Y

-56.1%

SFR

CA$0.28

Sandfire Resources America

7D

-8.1%

1Y

-24.0%