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Singaporean (SGX) Metals and Mining Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies6
  • 7D-4.4%
  • 3M20.5%
  • 1Y55.8%
  • YTD18.1%

Over the last 7 days, the Metals and Mining industry has dropped 3.8%, driven by a pullback from CNMC Goldmine Holdings of 9.5%. Meanwhile, Fortress Minerals actually outperformed within the industry, gaining 8.7% in the last week. In the past year, the industry has gained 60%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026S$1.9bS$1.1b-S$193,564,313.7413x-10x1.8x
Mon, 09 Feb 2026S$1.9bS$981.8m-S$49,149,482.8214.6x-37.7x1.9x
Wed, 07 Jan 2026S$1.7bS$975.1m-S$53,548,902.4215.6x-30.9x1.7x
Fri, 05 Dec 2025S$1.6bS$977.1m-S$53,121,238.2415.1x-30.2x1.6x
Sun, 02 Nov 2025S$1.7bS$977.3m-S$52,838,227.1616.2x-32.1x1.7x
Tue, 30 Sep 2025S$1.7bS$973.6m-S$59,624,027.5114.7x-28.5x1.7x
Thu, 28 Aug 2025S$1.4bS$956.1m-S$55,534,007.859.5x-25.1x1.5x
Sat, 26 Jul 2025S$1.4bS$880.1m-S$24,115,133.2313.3x-59.4x1.6x
Mon, 23 Jun 2025S$1.3bS$872.9m-S$16,325,866.8813.7x-78.5x1.5x
Wed, 21 May 2025S$1.3bS$866.7m-S$13,892,123.1911.5x-91.3x1.5x
Fri, 18 Apr 2025S$1.2bS$868.0m-S$13,517,720.3310.1x-91.1x1.4x
Sun, 16 Mar 2025S$1.2bS$873.4m-S$17,129,681.4010x-70.3x1.4x
Tue, 11 Feb 2025S$1.2bS$828.2m-S$21,779,608.6412.7x-55.6x1.5x
Thu, 09 Jan 2025S$1.2bS$829.5m-S$19,209,028.0910.1x-60.8x1.4x
Sat, 07 Dec 2024S$1.2bS$826.3m-S$19,691,069.9010.5x-61.1x1.5x
Mon, 04 Nov 2024S$1.2bS$825.8m-S$22,779,569.5211.5x-51.7x1.4x
Wed, 02 Oct 2024S$1.2bS$822.9m-S$24,476,439.9911.9x-48.3x1.4x
Fri, 30 Aug 2024S$1.1bS$826.6m-S$20,079,334.7110.8x-56.6x1.4x
Sun, 28 Jul 2024S$1.2bS$833.7m-S$13,505,992.4614x-88.6x1.4x
Tue, 25 Jun 2024S$1.2bS$834.7m-S$13,353,171.3812.5x-92.6x1.5x
Thu, 23 May 2024S$1.2bS$835.1m-S$14,119,862.2813.4x-86.2x1.5x
Sat, 20 Apr 2024S$1.2bS$835.9m-S$14,621,675.5814.1x-83.7x1.5x
Mon, 18 Mar 2024S$1.3bS$832.3m-S$15,006,184.6613.5x-87.8x1.6x
Wed, 14 Feb 2024S$1.4bS$783.4m-S$106,699,685.4122.6x-12.7x1.7x
Fri, 12 Jan 2024S$1.6bS$918.6m-S$96,524,411.0013.5x-17x1.8x
Sun, 10 Dec 2023S$1.7bS$919.8m-S$96,456,243.0013.5x-17.7x1.9x
Tue, 07 Nov 2023S$1.7bS$919.3m-S$98,245,300.0013.5x-17.6x1.9x
Thu, 05 Oct 2023S$1.8bS$921.2m-S$98,007,845.0013.5x-18.1x1.9x
Sat, 02 Sep 2023S$1.8bS$922.2m-S$99,086,841.0013.5x-17.9x1.9x
Mon, 31 Jul 2023S$1.8bS$1.6bS$558.9m11.8x3.3x1.1x
Wed, 28 Jun 2023S$1.9bS$1.6bS$556.0m12x3.4x1.2x
Fri, 26 May 2023S$1.9bS$1.6bS$552.7m11.7x3.4x1.2x
Sun, 23 Apr 2023S$2.0bS$1.6bS$552.6m12.7x3.6x1.2x
Tue, 21 Mar 2023S$2.0bS$1.6bS$553.0m13.4x3.6x1.2x
Price to Earnings Ratio

3.6x


Total Market Cap: S$2.0bTotal Earnings: S$553.0mTotal Revenue: S$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Metals and Mining Industry Price to Earnings3Y Average -29.6x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean Metals and Mining industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 13% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Singaporean Materials industry?

SG Market-0.18%
Materials-1.92%
Metals and Mining-4.39%
Aluminum0%0
Steel-0.51%
Diversified Metals and Mining-1.70%
Gold-9.52%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 15.0x.
    • Analysts are expecting annual earnings decline of 2.1%, which is less than its past year's earnings decline of 4.4%.
Forecasted Growth
  • Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 19% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings decline by 2.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
OAJ Fortress MineralsS$0.258.7%
+S$10.5m
11.1%PE13.2x
5F7 Wilton ResourcesS$0.01110.0%
+S$2.6m
83.3%PS179.2x

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