Header cover image

Canadian (TSX) Metals and Mining Industry Analysis

UpdatedAug 23, 2025
DataAggregated Company Financials
Companies1177
  • 7D3.2%
  • 3M19.7%
  • 1Y43.2%
  • YTD44.7%

Over the last 7 days, the Metals and Mining industry has risen 3.2%, driven by gains from Barrick Mining of 8.8%. This takes the industry's 12 month performance to a gain of 43%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Aug 2025CA$581.8bCA$118.2bCA$12.1b17.2x48x4.9x
Mon, 21 Jul 2025CA$518.2bCA$109.9bCA$8.2b16.2x63.1x4.7x
Wed, 18 Jun 2025CA$522.6bCA$110.3bCA$8.3b15.8x63.2x4.7x
Fri, 16 May 2025CA$414.9bCA$93.7bCA$5.5b13x76x4.4x
Sun, 13 Apr 2025CA$463.3bCA$104.7bCA$5.1b13.5x90.1x4.4x
Tue, 11 Mar 2025CA$436.5bCA$107.6bCA$5.2b11.3x84.2x4.1x
Thu, 06 Feb 2025CA$427.9bCA$111.5bCA$647.3m13.2x661.1x3.8x
Sat, 04 Jan 2025CA$403.8bCA$112.3bCA$521.4m13.4x774.5x3.6x
Mon, 02 Dec 2024CA$414.1bCA$109.5bCA$314.6m13.5x1316.2x3.8x
Wed, 30 Oct 2024CA$444.7bCA$107.6b-CA$838,101,833.5117.9x-530.6x4.1x
Fri, 27 Sep 2024CA$427.5bCA$104.7b-CA$439,632,022.3918x-972.5x4.1x
Sun, 25 Aug 2024CA$410.3bCA$105.3b-CA$589,764,066.8015.7x-695.6x3.9x
Tue, 23 Jul 2024CA$397.5bCA$104.7b-CA$23,225,727.8116.2x-17113.9x3.8x
Thu, 20 Jun 2024CA$372.5bCA$105.0b-CA$558,887,044.9215.7x-666.5x3.5x
Sat, 18 May 2024CA$396.9bCA$104.6b-CA$783,100,515.4218x-506.8x3.8x
Mon, 15 Apr 2024CA$375.2bCA$103.9bCA$1.5b18.3x248.5x3.6x
Wed, 13 Mar 2024CA$322.5bCA$102.6bCA$1.3b14.5x255.3x3.1x
Fri, 09 Feb 2024CA$302.1bCA$100.0bCA$3.1b12.4x98.2x3x
Sun, 07 Jan 2024CA$340.5bCA$107.0bCA$1.7b13.3x197.1x3.2x
Tue, 05 Dec 2023CA$346.9bCA$108.0bCA$1.8b13.3x198.2x3.2x
Thu, 02 Nov 2023CA$325.9bCA$107.3bCA$1.5b12x213x3x
Sat, 30 Sep 2023CA$338.0bCA$105.5bCA$1.6b11.1x214.7x3.2x
Mon, 28 Aug 2023CA$354.4bCA$104.6bCA$1.4b11.1x245.5x3.4x
Wed, 26 Jul 2023CA$377.9bCA$103.6bCA$2.4b12.7x155.7x3.6x
Fri, 23 Jun 2023CA$357.4bCA$103.4bCA$2.4b12.5x150.8x3.5x
Sun, 21 May 2023CA$381.7bCA$105.5bCA$2.7b14.5x139.8x3.6x
Tue, 18 Apr 2023CA$403.9bCA$107.0bCA$5.2b13.7x78x3.8x
Thu, 16 Mar 2023CA$345.2bCA$109.0bCA$7.5b13.6x46.1x3.2x
Sat, 11 Feb 2023CA$351.3bCA$113.0bCA$11.9b12.9x29.5x3.1x
Mon, 09 Jan 2023CA$360.4bCA$113.6bCA$12.0b12.2x30x3.2x
Wed, 07 Dec 2022CA$340.0bCA$114.7bCA$12.2b10.9x27.9x3x
Fri, 04 Nov 2022CA$289.9bCA$116.0bCA$14.2b8.1x20.4x2.5x
Sun, 02 Oct 2022CA$299.7bCA$116.2bCA$16.3b9.2x18.3x2.6x
Tue, 30 Aug 2022CA$298.4bCA$111.2bCA$15.7b9.1x19x2.7x
Price to Earnings Ratio

19x


Total Market Cap: CA$298.4bTotal Earnings: CA$15.7bTotal Revenue: CA$111.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 284.2x202320242025
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 48.0x which is lower than its 3-year average PE of 284x.
  • The 3-year average PS ratio of 8.0x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 8.2% 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 Market1.65%
Materials3.04%
Metals and Mining3.22%
Gold3.85%
Precious Metals and Minerals2.73%
Diversified Metals and Mining2.17%
Silver1.65%
Copper0.55%
Steel0.049%
Aluminum0%0
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 31.1%, which is higher than its past year's earnings growth of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 67% over the next 5 years.
  • However this is lower than its past earnings growth rate of 403% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 7.3% 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
ABX Barrick MiningCA$36.258.8%
+CA$5.0b
30.8%PE16.2x
FNV Franco-NevadaCA$255.864.5%
+CA$2.1b
53.3%PE45.4x
AGI Alamos GoldCA$39.279.4%
+CA$1.4b
48.0%PE34.6x
TECK.B Teck ResourcesCA$46.494.4%
+CA$948.5m
-29.6%PE109.3x
WPM Wheaton Precious MetalsCA$132.161.4%
+CA$830.7m
57.5%PE55x

Latest News