Narrative Update • Jun 05

Over the last 7 days, the Copper industry has dropped 3.4%, driven by a pullback from Antofagasta of 3.1%. Meanwhile, Great Southern Copper actually outperformed within the industry, gaining 8.6% in the last week. Over the past 12 months, the industry was up 106%. As for the next few years, earnings are expected to grow by 11% per annum.
Has the U.K. Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | UK£40.6b | UK£7.0b | UK£1.0b | 28x | 40.5x | 5.8x |
| Tue, 05 May 2026 | UK£36.4b | UK£7.0b | UK£991.9m | 25.6x | 36.7x | 5.2x |
| Thu, 02 Apr 2026 | UK£35.8b | UK£7.1b | UK£1.0b | 24.9x | 35.5x | 5.1x |
| Sat, 28 Feb 2026 | UK£44.9b | UK£7.0b | UK£1.0b | 21.6x | 43.4x | 6.5x |
| Mon, 26 Jan 2026 | UK£38.0b | UK£6.0b | UK£846.2m | 19.2x | 44.8x | 6.3x |
| Wed, 24 Dec 2025 | UK£34.2b | UK£6.1b | UK£855.5m | 16x | 39.9x | 5.6x |
| Fri, 21 Nov 2025 | UK£28.0b | UK£6.3b | UK£881.0m | 13x | 31.7x | 4.5x |
| Sun, 19 Oct 2025 | UK£28.0b | UK£6.1b | UK£870.2m | 13.6x | 32.1x | 4.6x |
| Tue, 16 Sep 2025 | UK£24.1b | UK£6.0b | UK£860.8m | 12x | 28x | 4x |
| Thu, 14 Aug 2025 | UK£22.2b | UK£5.4b | UK£679.0m | 11.3x | 32.7x | 4.1x |
| Sat, 12 Jul 2025 | UK£19.7b | UK£5.4b | UK£668.3m | 12.5x | 29.5x | 3.7x |
| Mon, 09 Jun 2025 | UK£19.8b | UK£5.4b | UK£672.2m | 12.5x | 29.5x | 3.7x |
| Wed, 07 May 2025 | UK£18.0b | UK£5.4b | UK£639.7m | 21.5x | 28.2x | 3.3x |
| Fri, 04 Apr 2025 | UK£16.4b | UK£5.5b | UK£653.4m | 16.9x | 25x | 3x |
| Sun, 02 Mar 2025 | UK£18.1b | UK£5.7b | UK£664.7m | 24.1x | 27.2x | 3.2x |
| Tue, 28 Jan 2025 | UK£18.3b | UK£5.6b | UK£613.9m | 22.4x | 29.8x | 3.3x |
| Thu, 26 Dec 2024 | UK£16.9b | UK£5.5b | UK£610.1m | 23x | 27.8x | 3.1x |
| Sat, 23 Nov 2024 | UK£17.4b | UK£5.5b | UK£612.2m | 22.9x | 28.5x | 3.1x |
| Mon, 21 Oct 2024 | UK£19.2b | UK£5.3b | UK£596.6m | 17.6x | 32.1x | 3.6x |
| Wed, 18 Sep 2024 | UK£18.7b | UK£5.3b | UK£591.8m | 17.4x | 31.7x | 3.5x |
| Fri, 16 Aug 2024 | UK£19.8b | UK£5.4b | UK£658.2m | 17.2x | 30.1x | 3.7x |
| Sun, 14 Jul 2024 | UK£23.2b | UK£5.3b | UK£647.1m | 24.7x | 35.8x | 4.4x |
| Tue, 11 Jun 2024 | UK£22.4b | UK£5.4b | UK£659.7m | 23.4x | 34x | 4.2x |
| Thu, 09 May 2024 | UK£23.0b | UK£5.5b | UK£685.4m | 18.8x | 33.5x | 4.2x |
| Sat, 06 Apr 2024 | UK£22.9b | UK£5.5b | UK£678.2m | 17.2x | 33.7x | 4.2x |
| Mon, 04 Mar 2024 | UK£18.9b | UK£5.5b | UK£650.8m | 27.1x | 29x | 3.5x |
| Wed, 31 Jan 2024 | UK£17.8b | UK£5.4b | UK£1.3b | 13.5x | 14.2x | 3.3x |
| Fri, 29 Dec 2023 | UK£18.0b | UK£5.4b | UK£1.3b | 14.4x | 14.4x | 3.4x |
| Sun, 26 Nov 2023 | UK£15.0b | UK£5.4b | UK£1.3b | 12.5x | 11.9x | 2.8x |
| Tue, 24 Oct 2023 | UK£13.8b | UK£5.6b | UK£1.3b | 20.8x | 10.7x | 2.5x |
| Thu, 21 Sep 2023 | UK£15.6b | UK£5.5b | UK£1.3b | 23.9x | 12x | 2.8x |
| Sat, 19 Aug 2023 | UK£14.8b | UK£5.1b | UK£1.2b | 12x | 12x | 2.9x |
| Mon, 17 Jul 2023 | UK£16.5b | UK£5.0b | UK£1.2b | 12.9x | 13.7x | 3.3x |
| Wed, 14 Jun 2023 | UK£16.3b | UK£5.1b | UK£1.2b | 12.9x | 13x | 3.2x |
13x
How does U.K. Copper compare with similar industries?
| GB Market | -0.73% | |
| Materials | -3.01% | |
| Metals and Mining | -3.00% | |
| Copper | -3.41% | |
| Steel | 0.63% | |
| Aluminum | 0% | 0 |
| Silver | 0% | 0 |
| Precious Metals and Minerals | -2.04% | |
| Diversified Metals and Mining | -2.05% | |
| Gold | -13.85% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GSCU Great Southern Copper | UK£0.029 | 8.6% +UK£1.7m | -18.6% | PB9.8x |