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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedJun 28, 2024
DataAggregated Company Financials
Companies1232
  • 7D-0.6%
  • 3M7.4%
  • 1Y7.9%
  • YTD14.3%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably First Quantum Minerals gained 13%. As for the the longer term, the industry is up 7.9% over the past 12 months. Earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Thu, 28 Apr 2022CA$385.2bCA$104.6bCA$15.0b10.8x25.7x3.7x
Sat, 26 Mar 2022CA$435.9bCA$103.9bCA$13.9b11.7x31.4x4.2x
Mon, 21 Feb 2022CA$399.9bCA$102.8bCA$12.4b11.2x32.3x3.9x
Wed, 19 Jan 2022CA$367.4bCA$100.6bCA$12.7b10x29x3.7x
Fri, 17 Dec 2021CA$357.5bCA$102.2bCA$13.0b9.7x27.4x3.5x
Sun, 14 Nov 2021CA$397.0bCA$100.5bCA$12.9b11.1x30.8x3.9x
Tue, 12 Oct 2021CA$342.4bCA$95.7bCA$12.2b10x28x3.6x
Thu, 09 Sep 2021CA$361.2bCA$95.2bCA$12.3b10.9x29.4x3.8x
Sat, 07 Aug 2021CA$363.4bCA$95.4bCA$12.5b12x29x3.8x
Price to Earnings Ratio

29.1x


Total Market Cap: CA$364.4bTotal Earnings: CA$12.5bTotal Revenue: CA$95.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 394.1x202220232024
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 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 3.2% 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 Market1.54%
Materials-0.36%
Metals and Mining-0.57%
Copper5.24%
Steel1.67%
Aluminum0%
Gold-0.89%
Diversified Metals and Mining-1.25%
Silver-4.33%
Precious Metals and Minerals-4.52%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 12.1x.
    • Analysts are expecting annual earnings growth of 33.5%, which is higher than its past year's earnings growth of 5.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Precious Metals and Minerals 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
K Kinross GoldCA$11.399.2%
+CA$1.2b		80.2%PE23.6x
FM First Quantum MineralsCA$17.974.9%
+CA$694.5m		-42.7%PS1.8x
LUN Lundin MiningCA$15.235.3%
+CA$590.9m		46.7%PE79.4x
IVN Ivanhoe MinesCA$17.652.4%
+CA$522.6m		45.9%PE98.1x
FNV Franco-NevadaCA$162.201.5%
+CA$465.0m		-14.1%PS19x
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Latest News

RBX

CA$2.85

Robex Resources

7D

8.0%

1Y

-5.0%

FM

CA$17.97

First Quantum Minerals

7D

4.9%

1Y

-42.7%

VGCX

CA$1.06

Victoria Gold

7D

-85.5%

1Y

-86.3%

ABX

CA$22.82

Barrick Gold

7D

0.6%

1Y

1.8%

Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?

Jun 23
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NGEX

CA$8.10

NGEx Minerals

7D

-6.7%

1Y

11.9%

OR

CA$21.32

Osisko Gold Royalties

7D

-5.1%

1Y

4.7%

WPM

CA$71.73

Wheaton Precious Metals

7D

-1.2%

1Y

25.2%

IVN

CA$17.65

Ivanhoe Mines

7D

2.4%

1Y

45.9%

AG

CA$8.10

First Majestic Silver

7D

-3.9%

1Y

8.1%

PAAS

CA$27.19

Pan American Silver

7D

-2.3%

1Y

40.9%

TECK.B

CA$65.56

Teck Resources

7D

1.4%

1Y

17.6%

LUN

CA$15.23

Lundin Mining

7D

5.3%

1Y

46.7%

FNV

CA$162.20

Franco-Nevada

7D

1.5%

1Y

-14.1%

K

CA$11.39

Kinross Gold

7D

9.2%

1Y

80.2%

PPTA

CA$7.09

Perpetua Resources

7D

-21.3%

1Y

46.2%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%