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U.K. (FTSE) Copper Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies6
  • 7D3.3%
  • 3M50.5%
  • 1Y118.5%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 3.3%, driven by gains from Antofagasta of 3.4%. This means that the industry has gained 118% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the U.K. Copper Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026UK£42.2bUK£6.9bUK£1.0b21.1x41.1x6.1x
Sun, 18 Jan 2026UK£37.6bUK£6.1bUK£861.2m17.9x43.7x6.2x
Tue, 16 Dec 2025UK£32.2bUK£6.1bUK£862.1m14.9x37.3x5.3x
Thu, 13 Nov 2025UK£29.6bUK£6.2bUK£890.2m15x33.2x4.8x
Sat, 11 Oct 2025UK£28.2bUK£6.1bUK£875.6m14.2x32.2x4.6x
Mon, 08 Sep 2025UK£22.6bUK£6.0bUK£876.7m11.8x25.8x3.7x
Wed, 06 Aug 2025UK£20.3bUK£5.5bUK£679.8m12x29.9x3.7x
Fri, 04 Jul 2025UK£20.2bUK£5.3bUK£665.1m12.6x30.4x3.8x
Sun, 01 Jun 2025UK£18.6bUK£5.4bUK£675.0m12.1x27.5x3.4x
Tue, 29 Apr 2025UK£17.6bUK£5.4bUK£636.9m19.7x27.6x3.3x
Thu, 27 Mar 2025UK£19.7bUK£5.6bUK£662.6m20.3x29.8x3.5x
Sat, 22 Feb 2025UK£19.0bUK£5.7bUK£661.5m25.2x28.7x3.3x
Mon, 20 Jan 2025UK£18.4bUK£5.7bUK£628.9m23.2x29.3x3.2x
Wed, 18 Dec 2024UK£17.2bUK£5.5bUK£602.3m22.8x28.5x3.1x
Fri, 15 Nov 2024UK£17.1bUK£5.5bUK£606.3m21.4x28.2x3.1x
Sun, 13 Oct 2024UK£20.1bUK£5.3bUK£595.9m18.9x33.7x3.8x
Tue, 10 Sep 2024UK£17.5bUK£5.3bUK£593.2m16.6x29.4x3.3x
Thu, 08 Aug 2024UK£19.1bUK£5.4bUK£661.9m19.6x28.8x3.5x
Sat, 06 Jul 2024UK£23.0bUK£5.4bUK£655.5m25.3x35.1x4.3x
Mon, 03 Jun 2024UK£23.0bUK£5.4bUK£659.2m24.3x34.9x4.3x
Wed, 01 May 2024UK£23.1bUK£5.5bUK£685.2m18.8x33.7x4.2x
Fri, 29 Mar 2024UK£21.3bUK£5.5bUK£678.8m16.4x31.4x3.9x
Sun, 25 Feb 2024UK£18.7bUK£5.5bUK£650.1m26.9x28.7x3.4x
Tue, 23 Jan 2024UK£16.3bUK£5.4bUK£1.3b12.2x13x3x
Thu, 21 Dec 2023UK£17.9bUK£5.4bUK£1.3b14.5x14.2x3.3x
Sat, 18 Nov 2023UK£14.6bUK£5.5bUK£1.3b11.9x11.4x2.7x
Mon, 16 Oct 2023UK£14.8bUK£5.6bUK£1.3b21.3x11.4x2.6x
Wed, 13 Sep 2023UK£15.6bUK£5.5bUK£1.3b13.2x11.9x2.9x
Fri, 11 Aug 2023UK£16.9bUK£5.1bUK£1.2b12.9x13.6x3.3x
Sun, 09 Jul 2023UK£15.2bUK£5.1bUK£1.2b11.8x12.4x3x
Tue, 06 Jun 2023UK£15.5bUK£5.2bUK£1.3b12.3x12.3x3x
Thu, 04 May 2023UK£15.6bUK£5.2bUK£1.3b12.9x12.3x3x
Sat, 01 Apr 2023UK£17.1bUK£5.2bUK£1.3b14.9x13.2x3.3x
Mon, 27 Feb 2023UK£16.5bUK£5.4bUK£1.4b11x11.7x3x
Price to Earnings Ratio

11.7x


Total Market Cap: UK£16.5bTotal Earnings: UK£1.4bTotal Revenue: UK£5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Copper Industry Price to Earnings3Y Average 25.3x202420252026
Current Industry PE
  • Investors are optimistic on the British Copper industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.1x which is higher than its 3-year average PE of 25.3x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 10% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.4% 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 Comparison

How does U.K. Copper compare with similar industries?

GB Market1.85%
Materials1.06%
Metals and Mining1.29%
Copper3.33%
Gold4.53%
Diversified Metals and Mining1.05%
Steel0.88%
Aluminum0%0
Silver0%0
Precious Metals and Minerals-3.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ANTO AntofagastaUK£38.753.9%
+UK£1.4b		109.8%PE38.6x
ATYM Atalaya Mining CopperUK£9.783.9%
+UK£56.9m		154.7%PE20.6x
CAML Central Asia MetalsUK£2.231.8%
+UK£6.3m		41.5%PE13.3x
SOLG SolGoldUK£0.280.2%
+UK£1.5m		324.7%PB5.5x

Latest News

ANTO
UK£38.75
Antofagasta
7D
3.9%
1Y
109.8%
GSCU
UK£0.028
Great Southern Copper
7D
-8.2%
1Y
100.0%
PXC
UK£0.01
Phoenix Copper
7D
-2.4%
1Y
-71.9%
ATYM
UK£9.78
Atalaya Mining Copper
7D
3.9%
1Y
154.7%

ATYM: Future Equity Raise Will Support Copper Expansion And Margin Stability

Analysts have lifted their price target for Atalaya Mining Copper from €10.65 to about €11.19, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E multiples. What's in the News Atalaya Mining Copper completed a follow on equity offering of £127.3 million, issuing 12,730,000 ordinary shares at £10 per share under Regulation S, with a subsequent direct listing feature.
CAML
UK£2.23
Central Asia Metals
7D
1.8%
1Y
41.5%

CAML: Future Production Guidance And Mixed Views Will Shape A Balanced Outlook

Analysts have trimmed their price target for Central Asia Metals by a small amount, to about £2.41 from roughly £2.40, citing updated assumptions on discount rates, modestly higher revenue expectations and a slightly richer future P/E multiple. Analyst Commentary Recent research around Central Asia Metals has been mixed, but bullish analysts still see several constructive angles that tie back to valuation support, potential revenue strength and room for execution to add value over time.
SOLG
UK£0.28
SolGold
7D
0.2%
1Y
324.7%