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Swedish (OMX) Diversified Metals and Mining Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies10
  • 7D6.4%
  • 3M57.5%
  • 1Y85.4%
  • YTDn/a

In the last week, the Diversified Metals and Mining industry is up 8.4%, with Boliden up 8.6%. Meanwhile, Eurobattery Minerals actually underperformed within the industry, shrinking 24% in the last week. This takes the industry's 12 month performance to a gain of 86%. 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
Mon, 02 Mar 2026SEK 209.8bSEK 94.5bSEK 9.3b21.7x22.7x2.2x
Wed, 28 Jan 2026SEK 185.4bSEK 92.1bSEK 8.0b22.1x23.3x2x
Fri, 26 Dec 2025SEK 146.6bSEK 92.1bSEK 8.0b17.7x18.4x1.6x
Sun, 23 Nov 2025SEK 120.5bSEK 92.2bSEK 7.9b14.5x15.3x1.3x
Tue, 21 Oct 2025SEK 122.3bSEK 92.4bSEK 8.0b14.8x15.3x1.3x
Thu, 18 Sep 2025SEK 98.3bSEK 92.4bSEK 8.0b11.9x12.3x1.1x
Sat, 16 Aug 2025SEK 94.7bSEK 92.4bSEK 8.0b24.6x11.9x1x
Mon, 14 Jul 2025SEK 89.9bSEK 92.8bSEK 11.0b22.6x8.2x1x
Wed, 11 Jun 2025SEK 89.9bSEK 92.8bSEK 11.0b21.4x8.2x1x
Fri, 09 May 2025SEK 87.5bSEK 92.8bSEK 11.0b24.4x7.9x0.9x
Sun, 06 Apr 2025SEK 81.5bSEK 90.1bSEK 10.0b16.5x8.2x0.9x
Tue, 04 Mar 2025SEK 106.4bSEK 90.1bSEK 10.0b15.2x10.7x1.2x
Thu, 30 Jan 2025SEK 94.5bSEK 85.0bSEK 8.6b11.4x11x1.1x
Sat, 28 Dec 2024SEK 88.8bSEK 85.0bSEK 8.6b11.4x10.3x1x
Mon, 25 Nov 2024SEK 90.8bSEK 85.0bSEK 8.5b11.2x10.6x1.1x
Wed, 23 Oct 2024SEK 96.5bSEK 85.0bSEK 8.5b10.7x11.3x1.1x
Fri, 20 Sep 2024SEK 87.4bSEK 82.2bSEK 7.6b10.9x11.5x1.1x
Sun, 18 Aug 2024SEK 86.4bSEK 82.3bSEK 7.6b10.7x11.3x1.1x
Tue, 16 Jul 2024SEK 99.6bSEK 78.0bSEK 4.6b14.2x21.9x1.3x
Thu, 13 Jun 2024SEK 97.9bSEK 78.0bSEK 4.6b12.7x21.3x1.3x
Sat, 11 May 2024SEK 104.1bSEK 78.0bSEK 4.6b13.1x22.7x1.3x
Mon, 08 Apr 2024SEK 92.2bSEK 79.5bSEK 6.0b14.4x15.4x1.2x
Wed, 06 Mar 2024SEK 74.4bSEK 79.4bSEK 6.0b13.3x12.4x0.9x
Fri, 02 Feb 2024SEK 78.6bSEK 82.3bSEK 6.9b15.3x11.4x1x
Sun, 31 Dec 2023SEK 89.4bSEK 82.3bSEK 6.9b13.7x12.9x1.1x
Tue, 28 Nov 2023SEK 83.0bSEK 82.3bSEK 6.9b11.6x12x1x
Thu, 26 Oct 2023SEK 79.6bSEK 82.2bSEK 6.9b15.2x11.5x1x
Sat, 23 Sep 2023SEK 87.4bSEK 82.3bSEK 8.3b14x10.6x1.1x
Mon, 21 Aug 2023SEK 81.2bSEK 82.3bSEK 8.3b12.2x9.8x1x
Wed, 19 Jul 2023SEK 94.2bSEK 85.4bSEK 10.9b11.7x8.6x1.1x
Fri, 16 Jun 2023SEK 91.5bSEK 85.4bSEK 10.9b15.4x8.4x1.1x
Sun, 14 May 2023SEK 98.2bSEK 85.4bSEK 10.9b12x9x1.2x
Tue, 11 Apr 2023SEK 110.9bSEK 87.2bSEK 12.3b10.9x9x1.3x
Thu, 09 Mar 2023SEK 120.5bSEK 87.1bSEK 12.3b9.6x9.8x1.4x
Price to Earnings Ratio

9.8x


Total Market Cap: SEK 120.5bTotal 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 12.7x202420252026
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 Market1.88%
Materials3.23%
Metals and Mining4.49%
Diversified Metals and Mining6.43%
Silver5.00%
Aluminum2.89%
Steel0.96%
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 717.406.6%
+SEK 12.7b		89.9%PE21.7x
VISC Gruvaktiebolaget ViscariaSEK 18.161.8%
+SEK 76.9m		-3.7%PS15.3x
BOTX Botnia GoldSEK 13.708.7%
+SEK 44.9m		10.5%PE11.4x
MAHVIE Mahvie MineralsSEK 0.639.4%
+SEK 8.5m		114.4%n/a
BLUE Bluelake MineralSEK 1.531.0%
+SEK 2.4m		62.2%PS213.9x

Latest News

BAT
SEK 0.15
Eurobattery Minerals
7D
-28.8%
1Y
112.5%
ARCT
SEK 8.50
Arctic Minerals
7D
0.6%
1Y
126.7%
DRIL
SEK 3.90
Drillcon
7D
-2.0%
1Y
-27.2%
BOL
SEK 717.40
Boliden
7D
6.6%
1Y
89.9%

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
1.8%
1Y
-3.7%
BOTX
SEK 13.70
Botnia Gold
7D
8.7%
1Y
10.5%
ABAS
SEK 7.40
ABAS Protect
7D
-7.5%
1Y
-14.9%
CRUST B
SEK 0.91
Crustal Resources
7D
9.4%
1Y
82.0%
BLUE
SEK 1.53
Bluelake Mineral
7D
1.0%
1Y
62.2%
MAHVIE
SEK 0.63
Mahvie Minerals
7D
9.4%
1Y
114.4%