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Swedish (OMX) Diversified Metals and Mining Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies10
  • 7D8.4%
  • 3M58.1%
  • 1Y86.2%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has risen 8.4%, driven by gains from Boliden of 8.6%. Meanwhile, Eurobattery Minerals actually underperformed within the industry, shrinking 24% in the last week. In the last 12 months, the industry was up 86%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026SEK 209.8bSEK 94.5bSEK 9.3b21.7x22.7x2.2x
Tue, 27 Jan 2026SEK 187.4bSEK 92.1bSEK 8.0b22.4x23.5x2x
Thu, 25 Dec 2025SEK 146.6bSEK 92.1bSEK 8.0b17.7x18.4x1.6x
Sat, 22 Nov 2025SEK 120.5bSEK 92.2bSEK 7.9b14.5x15.3x1.3x
Mon, 20 Oct 2025SEK 119.3bSEK 92.4bSEK 8.0b14.4x14.9x1.3x
Wed, 17 Sep 2025SEK 99.5bSEK 92.4bSEK 8.0b12x12.5x1.1x
Fri, 15 Aug 2025SEK 92.9bSEK 92.4bSEK 8.0b24.9x11.6x1x
Sun, 13 Jul 2025SEK 89.9bSEK 92.8bSEK 11.0b22.6x8.2x1x
Tue, 10 Jun 2025SEK 89.1bSEK 92.8bSEK 11.0b21.8x8.1x1x
Thu, 08 May 2025SEK 87.9bSEK 92.8bSEK 11.0b25x8x0.9x
Sat, 05 Apr 2025SEK 81.5bSEK 90.1bSEK 10.0b16.5x8.2x0.9x
Mon, 03 Mar 2025SEK 105.9bSEK 90.1bSEK 10.0b15.3x10.6x1.2x
Wed, 29 Jan 2025SEK 95.5bSEK 85.0bSEK 8.6b11.5x11.1x1.1x
Fri, 27 Dec 2024SEK 87.5bSEK 85.0bSEK 8.6b11.2x10.2x1x
Sun, 24 Nov 2024SEK 90.8bSEK 85.0bSEK 8.5b11.2x10.6x1.1x
Tue, 22 Oct 2024SEK 95.0bSEK 82.2bSEK 7.6b11.8x12.5x1.2x
Thu, 19 Sep 2024SEK 84.7bSEK 82.2bSEK 7.6b10.5x11.1x1x
Sat, 17 Aug 2024SEK 86.4bSEK 82.3bSEK 7.6b10.7x11.3x1.1x
Mon, 15 Jul 2024SEK 102.1bSEK 78.0bSEK 4.6b14.2x22.4x1.3x
Wed, 12 Jun 2024SEK 97.8bSEK 78.0bSEK 4.6b12.8x21.3x1.3x
Fri, 10 May 2024SEK 100.8bSEK 77.9bSEK 4.6b12.8x22x1.3x
Sun, 07 Apr 2024SEK 92.2bSEK 79.5bSEK 6.0b14.4x15.4x1.2x
Tue, 05 Mar 2024SEK 75.7bSEK 79.4bSEK 6.0b13.3x12.6x1x
Thu, 01 Feb 2024SEK 79.2bSEK 82.3bSEK 6.9b15.2x11.5x1x
Sat, 30 Dec 2023SEK 89.3bSEK 82.3bSEK 6.9b13.7x12.9x1.1x
Mon, 27 Nov 2023SEK 82.9bSEK 82.3bSEK 6.9b12x12x1x
Wed, 25 Oct 2023SEK 78.2bSEK 82.2bSEK 6.9b15.2x11.3x1x
Fri, 22 Sep 2023SEK 87.2bSEK 82.3bSEK 8.3b13.9x10.5x1.1x
Sun, 20 Aug 2023SEK 81.2bSEK 82.3bSEK 8.3b12.2x9.8x1x
Tue, 18 Jul 2023SEK 92.9bSEK 85.4bSEK 10.9b11.7x8.5x1.1x
Thu, 15 Jun 2023SEK 92.1bSEK 85.4bSEK 10.9b15.5x8.4x1.1x
Sat, 13 May 2023SEK 98.2bSEK 85.3bSEK 10.9b12x9x1.2x
Mon, 10 Apr 2023SEK 110.9bSEK 87.2bSEK 12.3b10.9x9x1.3x
Wed, 08 Mar 2023SEK 118.8bSEK 87.1bSEK 12.3b9.6x9.6x1.4x
Price to Earnings Ratio

9.6x


Total Market Cap: SEK 118.8bTotal Earnings: SEK 12.3bTotal Revenue: SEK 87.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Diversified Metals and Mining Industry Price to Earnings3Y Average 12.6x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Diversified Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 12.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Swedish Diversified Metals and Mining compare with similar industries?

SE Market1.16%
Materials4.06%
Metals and Mining6.34%
Diversified Metals and Mining8.40%
Silver5.00%
Steel2.95%
Aluminum2.87%
Gold0%0
Precious Metals and Minerals-12.99%
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
BOL BolidenSEK 717.408.6%
+SEK 16.2b		90.8%PE21.7x
BOTX Botnia GoldSEK 13.7011.4%
+SEK 57.1m		9.6%PE11.4x
ARCT Arctic MineralsSEK 8.509.7%
+SEK 35.3m		106.8%PS73.9x
VISC Gruvaktiebolaget ViscariaSEK 18.160.2%
+SEK 9.6m		-4.9%PS15.3x
MAHVIE Mahvie MineralsSEK 0.637.9%
+SEK 7.3m		112.2%n/a

Latest News

BAT
SEK 0.15
Eurobattery Minerals
7D
-24.3%
1Y
118.6%
ARCT
SEK 8.50
Arctic Minerals
7D
9.7%
1Y
106.8%
DRIL
SEK 3.90
Drillcon
7D
1.0%
1Y
-25.3%
BOL
SEK 717.40
Boliden
7D
8.6%
1Y
90.8%

BOL: Precious Metals Leverage Will Increase Execution Risk Despite Stronger Earnings Support

Our fair value estimate for Boliden has moved higher by SEK 41 to SEK 596.94. This reflects a series of recent price target increases from banks, alongside analyst views that margins, precious metals exposure and the medium-term earnings profile are better supported than previously modeled.
VISC
SEK 18.16
Gruvaktiebolaget Viscaria
7D
0.2%
1Y
-4.9%
BOTX
SEK 13.70
Botnia Gold
7D
11.4%
1Y
9.6%
ABAS
SEK 7.40
ABAS Protect
7D
-7.5%
1Y
-17.8%
CRUST B
SEK 0.91
Crustal Resources
7D
5.8%
1Y
68.5%
BLUE
SEK 1.53
Bluelake Mineral
7D
-1.0%
1Y
48.1%
MAHVIE
SEK 0.63
Mahvie Minerals
7D
7.9%
1Y
112.2%