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U.K. (FTSE) Copper Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies5
  • 7D9.3%
  • 3M-3.2%
  • 1Y146.9%
  • YTDn/a

Over the last 7 days, the Copper industry has risen 9.3%, driven by gains from Antofagasta of 3.3%. In the last 12 months, the industry was up 147%. 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
Wed, 08 Apr 2026UK£35.5bUK£7.1bUK£1.0b24.6x35x5x
Fri, 06 Mar 2026UK£39.8bUK£7.0bUK£1.1b19.7x36.5x5.7x
Sun, 01 Feb 2026UK£38.7bUK£6.0bUK£843.5m20.1x45.8x6.5x
Tue, 30 Dec 2025UK£34.0bUK£6.1bUK£854.9m16x39.8x5.6x
Thu, 27 Nov 2025UK£28.9bUK£6.2bUK£871.3m13.4x33.2x4.7x
Sat, 25 Oct 2025UK£28.1bUK£6.1bUK£878.2m14.1x32x4.6x
Mon, 22 Sep 2025UK£24.4bUK£6.1bUK£869.5m11.8x28.1x4x
Wed, 20 Aug 2025UK£22.3bUK£6.0bUK£877.1m11.1x25.4x3.7x
Fri, 18 Jul 2025UK£19.1bUK£5.4bUK£675.7m12.6x28.3x3.5x
Sun, 15 Jun 2025UK£18.8bUK£5.4bUK£671.0m12.6x28.1x3.5x
Tue, 13 May 2025UK£19.2bUK£5.5bUK£648.8m21.7x29.6x3.5x
Thu, 10 Apr 2025UK£14.6bUK£5.6bUK£667.5m15.7x21.8x2.6x
Sat, 08 Mar 2025UK£19.2bUK£5.6bUK£648.4m24.4x29.6x3.5x
Mon, 03 Feb 2025UK£18.0bUK£5.6bUK£617.4m22.4x29.1x3.2x
Wed, 01 Jan 2025UK£16.7bUK£5.5bUK£610.6m23.6x27.3x3x
Fri, 29 Nov 2024UK£17.5bUK£5.5bUK£604.2m23.2x29x3.2x
Sun, 27 Oct 2024UK£19.0bUK£5.4bUK£600.3m17.8x31.6x3.5x
Tue, 24 Sep 2024UK£18.8bUK£5.2bUK£585.0m17.9x32.2x3.6x
Thu, 22 Aug 2024UK£19.5bUK£5.3bUK£592.8m18.9x32.8x3.7x
Sat, 20 Jul 2024UK£19.9bUK£5.3bUK£650.8m21.1x30.6x3.7x
Mon, 17 Jun 2024UK£21.3bUK£5.4bUK£661.7m22.9x32.3x3.9x
Wed, 15 May 2024UK£23.8bUK£5.5bUK£680.5m19x35x4.4x
Fri, 12 Apr 2024UK£23.1bUK£5.5bUK£681.9m18.1x33.9x4.2x
Sun, 10 Mar 2024UK£18.4bUK£5.4bUK£641.3m26.8x28.8x3.4x
Tue, 06 Feb 2024UK£17.9bUK£5.4bUK£1.3b13.3x14.1x3.3x
Thu, 04 Jan 2024UK£16.8bUK£5.4bUK£1.3b13.7x13.3x3.1x
Sat, 02 Dec 2023UK£15.8bUK£5.4bUK£1.3b12.9x12.5x2.9x
Mon, 30 Oct 2023UK£14.6bUK£5.6bUK£1.3b19.8x11.2x2.6x
Wed, 27 Sep 2023UK£14.9bUK£5.6bUK£1.3b22.4x11.3x2.7x
Fri, 25 Aug 2023UK£15.1bUK£5.4bUK£1.3b12.1x11.6x2.8x
Sun, 23 Jul 2023UK£16.5bUK£5.0bUK£1.2b12.7x13.4x3.3x
Tue, 20 Jun 2023UK£16.3bUK£5.1bUK£1.2b12.7x13.3x3.2x
Thu, 18 May 2023UK£15.4bUK£5.2bUK£1.3b13x12.2x3x
Sat, 15 Apr 2023UK£17.6bUK£5.2bUK£1.3b14.6x13.6x3.4x
Price to Earnings Ratio

13.6x


Total Market Cap: UK£17.6bTotal Earnings: UK£1.3bTotal Revenue: UK£5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Copper Industry Price to Earnings3Y Average 26.4x202420252026
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 35.0x which is higher than its 3-year average PE of 26.3x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Market3.10%
Materials5.03%
Metals and Mining5.25%
Copper9.32%
Gold9.45%
Diversified Metals and Mining4.26%
Steel0.21%
Aluminum0%0
Silver0%0
Precious Metals and Minerals-0.75%
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£34.383.3%
+UK£1.1b		147.4%PE33.9x
ATYM Atalaya Mining CopperUK£7.333.3%
+UK£36.1m		133.7%PE15.1x
HALO Halo MineralsUK£0.130.9%
+UK£138.4k		n/aPE-30.3x

Latest News

ATYM
UK£7.33
Atalaya Mining Copper
7D
3.3%
1Y
133.7%

ATYM: Equity Raise And Dividend Will Support Future Copper Output

The analyst price target for Atalaya Mining Copper has been reset from £12.56 to £10.75. Analysts attribute this change to updated assumptions on revenue growth, profit margins and future P/E as the key drivers.
HALO
UK£0.13
Halo Minerals
7D
0.9%
1Y
n/a
ANTO
UK£34.38
Antofagasta
7D
3.3%
1Y
147.4%

ANTO: Copper Upswing And Centinela Expansion Will Support Medium Term Earnings Power

Antofagasta's analyst fair value estimate has shifted from £40.28 to £47.82, as analysts balance higher assumed revenue growth with lower profit margins and a mixed series of recent target changes and rating moves across the Street. Analyst Commentary Recent research on Antofagasta shows a mix of upgrades, downgrades and price target resets, with views split on valuation, risk and execution.
GSCU
UK£0.025
Great Southern Copper
7D
-3.8%
1Y
-32.4%