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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies1243
  • 7D-2.9%
  • 3M-0.2%
  • 1Y6.7%
  • YTD17.5%

Over the last 7 days, the Metals and Mining industry has dropped 2.9%, driven by a pullback from Barrick Gold of 3.5%. Over the past 12 months, the industry was up 6.7%. As for the next few years, earnings are expected to grow by 36% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024CA$395.7bCA$104.9b-CA$370,816,219.4416.2x-1067.2x3.8x
Sun, 23 Jun 2024CA$373.0bCA$104.9b-CA$563,697,498.6216.5x-661.7x3.6x
Tue, 21 May 2024CA$411.1bCA$104.3b-CA$925,232,305.9918.1x-444.3x3.9x
Thu, 18 Apr 2024CA$371.5bCA$103.9bCA$1.5b17.3x242.7x3.6x
Sat, 16 Mar 2024CA$330.2bCA$103.1bCA$1.4b13.4x241.8x3.2x
Mon, 12 Feb 2024CA$297.7bCA$100.0bCA$3.1b12.7x96.7x3x
Wed, 10 Jan 2024CA$336.5bCA$107.2bCA$1.7b12.8x193.7x3.1x
Fri, 08 Dec 2023CA$335.9bCA$108.3bCA$1.8b12.7x188.6x3.1x
Sun, 05 Nov 2023CA$335.3bCA$107.4bCA$1.7b14x197.9x3.1x
Tue, 03 Oct 2023CA$341.5bCA$106.0bCA$1.6b11.1x212.7x3.2x
Thu, 31 Aug 2023CA$365.7bCA$104.2bCA$1.6b11.3x225.5x3.5x
Sat, 29 Jul 2023CA$369.3bCA$101.5bCA$918.8m13.4x402x3.6x
Mon, 26 Jun 2023CA$354.5bCA$103.6bCA$2.3b12.6x151.3x3.4x
Wed, 24 May 2023CA$375.4bCA$105.5bCA$2.7b14.7x137.5x3.6x
Fri, 21 Apr 2023CA$399.2bCA$107.5bCA$5.2b13.3x76.5x3.7x
Sun, 19 Mar 2023CA$357.0bCA$108.9bCA$7.2b13x49.8x3.3x
Tue, 14 Feb 2023CA$351.3bCA$113.0bCA$11.9b12.6x29.5x3.1x
Thu, 12 Jan 2023CA$366.3bCA$113.5bCA$12.0b13x30.5x3.2x
Sat, 10 Dec 2022CA$342.6bCA$114.6bCA$12.2b11.2x28.2x3x
Mon, 07 Nov 2022CA$305.9bCA$114.6bCA$14.1b8.9x21.7x2.7x
Wed, 05 Oct 2022CA$311.8bCA$115.1bCA$16.2b9.7x19.3x2.7x
Fri, 02 Sep 2022CA$280.3bCA$112.6bCA$15.9b8.8x17.6x2.5x
Sun, 31 Jul 2022CA$296.3bCA$109.8bCA$16.1b9.8x18.4x2.7x
Tue, 28 Jun 2022CA$326.1bCA$106.9bCA$14.6b11.3x22.4x3.1x
Thu, 26 May 2022CA$364.1bCA$106.3bCA$14.5b11x25x3.4x
Sat, 23 Apr 2022CA$403.2bCA$100.7bCA$13.4b11.6x30.1x4x
Mon, 21 Mar 2022CA$426.1bCA$104.3bCA$14.2b11.5x29.9x4.1x
Wed, 16 Feb 2022CA$390.9bCA$102.1bCA$12.9b10.5x30.4x3.8x
Fri, 14 Jan 2022CA$373.9bCA$100.3bCA$12.6b10.1x29.7x3.7x
Sun, 12 Dec 2021CA$356.6bCA$101.8bCA$13.0b9.4x27.5x3.5x
Tue, 09 Nov 2021CA$375.9bCA$97.9bCA$12.2b10.8x30.8x3.8x
Thu, 07 Oct 2021CA$337.1bCA$96.8bCA$12.4b10.2x27.2x3.5x
Sat, 04 Sep 2021CA$363.7bCA$95.4bCA$12.5b12.3x29.1x3.8x
Mon, 02 Aug 2021CA$373.8bCA$95.4bCA$12.5b12.1x29.8x3.9x
Price to Earnings Ratio

29.8x


Total Market Cap: CA$373.8bTotal Earnings: CA$12.5bTotal Revenue: CA$95.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 288x202220232024
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 7.9x is higher than the industry's current PS ratio of 3.8x.
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 Market-0.31%
Materials-2.18%
Metals and Mining-2.92%
Steel0.54%
Aluminum0%
Copper-0.62%
Diversified Metals and Mining-1.90%
Precious Metals and Minerals-3.34%
Gold-3.56%
Silver-4.80%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 33.4%, which is higher than its past year's earnings growth of 15.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Steel industry is expected to see its earnings decline by 4.9% 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
TECK.B Teck ResourcesCA$65.632.2%
+CA$807.4m		13.5%PE23.3x
FNV Franco-NevadaCA$172.460.8%
+CA$269.4m		-9.5%PS20x
SEA Seabridge GoldCA$22.4312.9%
+CA$227.6m		37.9%PB2.8x
NG NovaGold ResourcesCA$6.559.7%
+CA$194.0m		14.3%PE-34.8x
FM First Quantum MineralsCA$16.771.3%
+CA$173.7m		-55.9%PS1.8x
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Latest News

FM

CA$16.77

First Quantum Minerals

7D

1.3%

1Y

-55.9%

TECK.B

CA$65.63

Teck Resources

7D

2.2%

1Y

13.5%

ABX

CA$24.61

Barrick Gold

7D

-2.6%

1Y

9.5%

Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

Jul 25
Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

AGI

CA$22.83

Alamos Gold

7D

-2.5%

1Y

41.6%

IVN

CA$18.00

Ivanhoe Mines

7D

-5.2%

1Y

31.2%

LUN

CA$14.08

Lundin Mining

7D

-2.2%

1Y

19.8%

FNV

CA$172.46

Franco-Nevada

7D

0.8%

1Y

-9.5%

SSRM

CA$7.60

SSR Mining

7D

4.1%

1Y

-59.9%

Is SSR Mining (TSE:SSRM) A Risky Investment?

Jul 15
Is SSR Mining (TSE:SSRM) A Risky Investment?

WPM

CA$80.66

Wheaton Precious Metals

7D

-2.2%

1Y

38.5%

Wheaton Precious Metals Corp.'s (TSE:WPM) Popularity With Investors Is Under Threat From Overpricing

Jul 15
Wheaton Precious Metals Corp.'s (TSE:WPM) Popularity With Investors Is Under Threat From Overpricing

K

CA$11.92

Kinross Gold

7D

-1.7%

1Y

85.7%

Benign Growth For Kinross Gold Corporation (TSE:K) Underpins Its Share Price

Jul 11
Benign Growth For Kinross Gold Corporation (TSE:K) Underpins Its Share Price

SEA

CA$22.43

Seabridge Gold

7D

12.9%

1Y

37.9%

PAAS

CA$29.72

Pan American Silver

7D

-4.0%

1Y

41.7%

RML

CA$1.47

Rusoro Mining

7D

11.8%

1Y

263.0%

NG

CA$6.55

NovaGold Resources

7D

9.7%

1Y

14.3%

NGEX

CA$8.78

NGEx Minerals

7D

4.0%

1Y

26.7%

CGG

CA$7.52

China Gold International Resources

7D

-9.3%

1Y

43.0%