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Canadian (TSX) Metals and Mining Industry Analysis

UpdatedSep 03, 2024
DataAggregated Company Financials
Companies1232
  • 7D-2.3%
  • 3M5.4%
  • 1Y10.9%
  • YTD21.1%

Over the last 7 days, the Metals and Mining industry has dropped 2.3%, driven by Ivanhoe Mines declining 5.3%. In the past year, the industry has gained 11%. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Sep 2024CA$401.9bCA$105.2b-CA$686,411,593.4517.6x-585.6x3.8x
Thu, 01 Aug 2024CA$405.3bCA$105.6b-CA$341,763,158.4015.2x-1186x3.8x
Sat, 29 Jun 2024CA$377.4bCA$104.8b-CA$564,245,802.5215.6x-668.9x3.6x
Mon, 27 May 2024CA$396.6bCA$104.7b-CA$945,430,238.1618x-419.5x3.8x
Wed, 24 Apr 2024CA$365.8bCA$103.2bCA$1.5b15.6x245.9x3.5x
Fri, 22 Mar 2024CA$334.0bCA$103.0bCA$1.3b13.6x257.7x3.2x
Sun, 18 Feb 2024CA$299.5bCA$100.7bCA$4.9b12.9x61x3x
Tue, 16 Jan 2024CA$341.0bCA$107.4bCA$1.7b12.9x195x3.2x
Thu, 14 Dec 2023CA$325.2bCA$107.8bCA$1.8b12.8x185.7x3x
Sat, 11 Nov 2023CA$321.4bCA$109.4bCA$2.2b11.9x145.9x2.9x
Mon, 09 Oct 2023CA$335.7bCA$105.9bCA$1.6b11x208.4x3.2x
Wed, 06 Sep 2023CA$359.3bCA$104.8bCA$1.7b11.1x205.7x3.4x
Fri, 04 Aug 2023CA$365.1bCA$103.2bCA$947.5m11.9x385.4x3.5x
Sun, 02 Jul 2023CA$360.7bCA$104.0bCA$2.5b12x146.4x3.5x
Tue, 30 May 2023CA$365.4bCA$105.9bCA$2.7b13.8x133x3.5x
Thu, 27 Apr 2023CA$395.2bCA$107.6bCA$4.8b13.6x82x3.7x
Sat, 25 Mar 2023CA$365.6bCA$109.0bCA$6.9b13.7x52.9x3.4x
Mon, 20 Feb 2023CA$350.0bCA$111.5bCA$9.5b13.1x37x3.1x
Wed, 18 Jan 2023CA$364.1bCA$113.3bCA$12.0b12.4x30.3x3.2x
Fri, 16 Dec 2022CA$334.1bCA$114.8bCA$12.2b10.8x27.4x2.9x
Sun, 13 Nov 2022CA$331.1bCA$112.8bCA$13.0b9.3x25.4x2.9x
Tue, 11 Oct 2022CA$300.8bCA$116.2bCA$16.4b9.1x18.4x2.6x
Thu, 08 Sep 2022CA$285.2bCA$112.3bCA$15.7b8.7x18.1x2.5x
Sat, 06 Aug 2022CA$297.4bCA$110.5bCA$15.3b9.7x19.4x2.7x
Mon, 04 Jul 2022CA$302.7bCA$107.2bCA$14.6b10.5x20.7x2.8x
Wed, 01 Jun 2022CA$359.3bCA$105.3bCA$14.3b11.6x25.1x3.4x
Fri, 29 Apr 2022CA$386.4bCA$104.5bCA$14.9b10.8x25.9x3.7x
Sun, 27 Mar 2022CA$436.0bCA$103.9bCA$13.9b11.7x31.3x4.2x
Tue, 22 Feb 2022CA$399.9bCA$102.7bCA$12.4b10.8x32.3x3.9x
Thu, 20 Jan 2022CA$385.3bCA$100.5bCA$12.6b10.3x30.5x3.8x
Sat, 18 Dec 2021CA$359.0bCA$102.4bCA$13.0b9.5x27.6x3.5x
Mon, 15 Nov 2021CA$397.1bCA$100.6bCA$12.8b11x30.9x3.9x
Wed, 13 Oct 2021CA$342.4bCA$95.6bCA$12.2b10.2x28x3.6x
Fri, 10 Sep 2021CA$359.8bCA$95.2bCA$12.3b10.9x29.2x3.8x
Price to Earnings Ratio

29.2x


Total Market Cap: CA$359.8bTotal Earnings: CA$12.3bTotal Revenue: CA$95.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Metals and Mining Industry Price to Earnings3Y Average 255.9x202220232024
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 3.8x.
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 3.4% 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-0.082%
Materials-2.01%
Metals and Mining-2.29%
Steel0.42%
Aluminum0%
Gold-1.79%
Precious Metals and Minerals-2.81%
Diversified Metals and Mining-2.88%
Copper-2.93%
Silver-4.75%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 32.4%, which is higher than its past year's earnings growth of 1.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 71% over the next 5 years.
  • However this is lower than its past earnings growth rate of 149% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 15% 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
FVL Freegold VenturesCA$0.9832.4%
+CA$107.3m		133.3%PB3.4x
OGN Orogen RoyaltiesCA$1.5610.6%
+CA$30.2m		143.8%PE117.4x
ORA Aura MineralsCA$13.673.1%
+CA$29.7m		57.1%PS1.5x
LIFT Li-FT PowerCA$3.0418.8%
+CA$20.5m		-62.9%PE371.2x
OIII O3 MiningCA$1.01-1.9%
CA$17.9m		-28.9%PB0.5x
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Latest News

TECK.B

CA$60.38

Teck Resources

7D

-8.1%

1Y

5.8%

LUN

CA$12.23

Lundin Mining

7D

-14.6%

1Y

13.7%

OIII

CA$1.01

O3 Mining

7D

-1.9%

1Y

-28.9%

ORA

CA$13.67

Aura Minerals

7D

3.1%

1Y

57.1%

Are Aura Minerals Inc. (TSE:ORA) Investors Paying Above The Intrinsic Value?

Aug 29
Are Aura Minerals Inc. (TSE:ORA) Investors Paying Above The Intrinsic Value?

IVN

CA$16.32

Ivanhoe Mines

7D

-14.1%

1Y

34.5%

WPM

CA$80.91

Wheaton Precious Metals

7D

-3.6%

1Y

41.8%

Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

Aug 27
Calculating The Fair Value Of Wheaton Precious Metals Corp. (TSE:WPM)

OGN

CA$1.56

Orogen Royalties

7D

10.6%

1Y

143.8%

LUC

CA$0.45

Lucara Diamond

7D

7.1%

1Y

4.7%

ABX

CA$26.57

Barrick Gold

7D

-3.3%

1Y

22.3%

Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

Aug 22
Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

FNV

CA$161.27

Franco-Nevada

7D

-3.7%

1Y

-16.2%

FL

CA$0.68

Frontier Lithium

7D

9.7%

1Y

-45.4%

CS

CA$8.59

Capstone Copper

7D

-12.4%

1Y

39.2%

Results: Capstone Copper Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 04
Results: Capstone Copper Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

LIFT

CA$3.04

Li-FT Power

7D

18.8%

1Y

-62.9%

FM

CA$14.63

First Quantum Minerals

7D

-14.8%

1Y

-58.1%

FVL

CA$0.98

Freegold Ventures

7D

32.4%

1Y

133.3%

NB

CA$3.43

NioCorp Developments

7D

15.5%

1Y

-57.7%