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U.K. (FTSE) Copper Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies5
  • 7D-4.6%
  • 3M3.4%
  • 1Y79.9%
  • YTDn/a

Over the last 7 days, the Copper industry has dropped 4.6%, driven by a pullback from Antofagasta of 4.2%. Over the past 12 months, the industry was up 80%. 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
Tue, 24 Mar 2026UK£34.6bUK£7.0bUK£999.1m24.2x34.7x4.9x
Thu, 19 Feb 2026UK£42.2bUK£6.9bUK£1.0b21.1x41.1x6.1x
Sat, 17 Jan 2026UK£37.6bUK£6.1bUK£861.0m17.9x43.7x6.2x
Mon, 15 Dec 2025UK£31.1bUK£6.1bUK£862.9m14.7x36x5.1x
Wed, 12 Nov 2025UK£29.2bUK£6.2bUK£887.4m14.9x32.9x4.7x
Fri, 10 Oct 2025UK£29.0bUK£6.1bUK£878.9m14.5x33x4.7x
Sun, 07 Sep 2025UK£22.6bUK£6.0bUK£876.7m11.8x25.8x3.7x
Tue, 05 Aug 2025UK£20.3bUK£5.5bUK£680.8m12.1x29.8x3.7x
Thu, 03 Jul 2025UK£20.1bUK£5.3bUK£665.8m12.6x30.1x3.8x
Sat, 31 May 2025UK£18.6bUK£5.4bUK£675.0m12.1x27.5x3.4x
Mon, 28 Apr 2025UK£17.8bUK£5.4bUK£642.6m19.7x27.7x3.3x
Wed, 26 Mar 2025UK£20.0bUK£5.5bUK£659.7m19.3x30.4x3.6x
Fri, 21 Feb 2025UK£19.2bUK£5.7bUK£661.7m25.2x29.1x3.4x
Sun, 19 Jan 2025UK£18.4bUK£5.7bUK£628.9m23.2x29.3x3.2x
Tue, 17 Dec 2024UK£17.5bUK£5.5bUK£603.7m22.8x29x3.2x
Thu, 14 Nov 2024UK£17.1bUK£5.5bUK£611.8m16.4x28x3.1x
Sat, 12 Oct 2024UK£20.1bUK£5.3bUK£595.9m18.9x33.7x3.8x
Mon, 09 Sep 2024UK£17.3bUK£5.3bUK£590.6m16.8x29.2x3.3x
Wed, 07 Aug 2024UK£19.1bUK£5.4bUK£661.7m18.8x28.8x3.5x
Fri, 05 Jul 2024UK£22.7bUK£5.4bUK£658.2m24.8x34.5x4.2x
Sun, 02 Jun 2024UK£23.0bUK£5.4bUK£659.2m24.3x34.9x4.3x
Tue, 30 Apr 2024UK£23.8bUK£5.5bUK£681.8m19.2x35x4.3x
Thu, 28 Mar 2024UK£20.7bUK£5.5bUK£678.0m16x30.6x3.8x
Sat, 24 Feb 2024UK£18.7bUK£5.5bUK£650.1m26.9x28.7x3.4x
Mon, 22 Jan 2024UK£16.5bUK£5.4bUK£1.3b12.5x13.2x3.1x
Wed, 20 Dec 2023UK£17.7bUK£5.3bUK£1.3b13.7x14.1x3.3x
Fri, 17 Nov 2023UK£14.6bUK£5.5bUK£1.3b20.9x11.5x2.7x
Sun, 15 Oct 2023UK£14.8bUK£5.6bUK£1.3b21.3x11.4x2.6x
Tue, 12 Sep 2023UK£16.2bUK£5.4bUK£1.3b13.2x12.4x3x
Thu, 10 Aug 2023UK£17.1bUK£5.1bUK£1.2b13.1x13.8x3.4x
Sat, 08 Jul 2023UK£15.2bUK£5.1bUK£1.2b11.8x12.4x3x
Mon, 05 Jun 2023UK£15.7bUK£5.2bUK£1.3b12.3x12.4x3x
Wed, 03 May 2023UK£15.6bUK£5.2bUK£1.3b13x12.2x3x
Fri, 31 Mar 2023UK£17.1bUK£5.2bUK£1.3b14.9x13.2x3.3x
Price to Earnings Ratio

13.2x


Total Market Cap: UK£17.1bTotal Earnings: UK£1.3bTotal Revenue: UK£5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Copper Industry Price to Earnings3Y Average 26.1x202420252026
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 34.7x which is higher than its 3-year average PE of 26.1x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Copper industry have declined 8.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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 Market-4.09%
Materials-3.92%
Metals and Mining-4.06%
Copper-4.58%
Steel0.62%
Aluminum0%0
Silver0%0
Diversified Metals and Mining-3.25%
Precious Metals and Minerals-7.35%
Gold-14.13%
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
GSCU Great Southern CopperUK£0.0252.1%
+UK£358.1k		-31.9%PB7.9x

Latest News

GSCU
UK£0.025
Great Southern Copper
7D
2.1%
1Y
-31.9%
ATYM
UK£7.01
Atalaya Mining Copper
7D
-14.9%
1Y
93.1%
CAML
UK£1.60
Central Asia Metals
7D
-7.5%
1Y
-6.4%
ANTO
UK£33.81
Antofagasta
7D
-5.1%
1Y
75.5%

ANTO: Copper Optimism Will Likely Underestimate Geopolitical And Project Execution Risks

Antofagasta's analyst fair value estimate has edged up from £23.49 to £23.72, as analysts weigh higher revenue growth assumptions, a slightly lower profit margin outlook, and a higher discount rate against a mixed set of recent price target changes that reflect both upgraded and downgraded views on the shares. Analyst Commentary Recent Street research on Antofagasta shows a split in opinion, with upbeat price target moves and upgrades offset by a cluster of downgrades and more conservative assumptions on copper and iron ore.
PXC
UK£0.011
Phoenix Copper
7D
-6.5%
1Y
-71.3%