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U.S. Metals and Mining Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies248
  • 7D0.5%
  • 3M0.7%
  • 1Y33.7%
  • YTD16.1%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably Newmont gained 3.5%. As for the the longer term, the industry is up 34% over the past 12 months. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the U.S. Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024US$468.9bUS$267.4bUS$11.3b14.2x41.5x1.8x
Thu, 12 Sep 2024US$413.4bUS$267.4bUS$11.4b13.3x36.3x1.5x
Sat, 10 Aug 2024US$421.0bUS$267.1bUS$11.5b13.7x36.5x1.6x
Mon, 08 Jul 2024US$452.2bUS$266.4bUS$12.8b13.3x35.5x1.7x
Wed, 05 Jun 2024US$459.2bUS$266.8bUS$13.0b14.5x35.3x1.7x
Fri, 03 May 2024US$442.1bUS$267.4bUS$13.3b13.3x33.2x1.7x
Sun, 31 Mar 2024US$439.8bUS$266.5bUS$15.7b14.2x28x1.7x
Tue, 27 Feb 2024US$381.0bUS$266.4bUS$15.9b15.3x24x1.4x
Thu, 25 Jan 2024US$385.5bUS$277.6bUS$19.1b16.5x20.2x1.4x
Sat, 23 Dec 2023US$417.1bUS$278.9bUS$19.4b17.9x21.5x1.5x
Mon, 20 Nov 2023US$363.0bUS$280.1bUS$20.0b15.5x18.2x1.3x
Wed, 18 Oct 2023US$349.3bUS$283.3bUS$21.8b11.9x16x1.2x
Fri, 15 Sep 2023US$352.3bUS$279.1bUS$21.4b12.7x16.5x1.3x
Sun, 13 Aug 2023US$361.0bUS$277.0bUS$21.8b13.6x16.5x1.3x
Tue, 11 Jul 2023US$352.9bUS$284.2bUS$26.0b12.9x13.6x1.2x
Thu, 08 Jun 2023US$337.6bUS$284.7bUS$26.4b12.6x12.8x1.2x
Sat, 06 May 2023US$350.0bUS$285.7bUS$26.8b11.3x13.1x1.2x
Mon, 03 Apr 2023US$363.6bUS$293.2bUS$29.3b10.8x12.4x1.2x
Wed, 01 Mar 2023US$365.1bUS$293.2bUS$31.1b8.4x11.7x1.2x
Fri, 27 Jan 2023US$383.9bUS$295.6bUS$36.1b7.6x10.6x1.3x
Sun, 25 Dec 2022US$326.6bUS$298.2bUS$37.9b6.6x8.6x1.1x
Tue, 22 Nov 2022US$319.7bUS$297.9bUS$38.0b6.2x8.4x1.1x
Thu, 20 Oct 2022US$274.7bUS$297.5bUS$44.4b6.9x6.2x0.9x
Sat, 17 Sep 2022US$275.9bUS$296.7bUS$44.4b6.7x6.2x0.9x
Mon, 15 Aug 2022US$309.6bUS$296.6bUS$44.3b8.2x7x1x
Wed, 13 Jul 2022US$281.6bUS$281.7bUS$42.0b7.2x6.7x1x
Fri, 10 Jun 2022US$346.6bUS$280.8bUS$41.9b8.7x8.3x1.2x
Sun, 08 May 2022US$361.9bUS$280.0bUS$41.7b8.2x8.7x1.3x
Tue, 05 Apr 2022US$432.9bUS$260.7bUS$35.7b10.4x12.1x1.7x
Thu, 03 Mar 2022US$390.1bUS$258.5bUS$34.9b10x11.2x1.5x
Sat, 29 Jan 2022US$305.6bUS$243.7bUS$31.2b8.2x9.8x1.3x
Mon, 27 Dec 2021US$326.0bUS$232.9bUS$28.2b8.8x11.5x1.4x
Wed, 24 Nov 2021US$322.0bUS$232.3bUS$28.0b9.7x11.5x1.4x
Fri, 22 Oct 2021US$317.8bUS$201.9bUS$19.4b11.4x16.4x1.6x
Price to Earnings Ratio

16.4x


Total Market Cap: US$317.8bTotal Earnings: US$19.4bTotal Revenue: US$201.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 16.7x202220232024
Current Industry PE
  • Investors are optimistic on the American Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.5x which is higher than its 3-year average PE of 16.7x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.8% 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 Trends

Which industries have driven the changes within the U.S. Materials industry?

US Market1.47%
Materials1.47%
Metals and Mining0.52%
Precious Metals and Minerals8.08%
Aluminum2.90%
Gold2.04%
Silver0.96%
Steel0.25%
Diversified Metals and Mining-0.093%
Copper-0.64%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 21.7x.
    • Analysts are expecting annual earnings growth of 13.2%, which is higher than its past year's earnings decline of 4.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 140% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings grow by 10% 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
NEM NewmontUS$54.823.5%
+US$2.1b
36.9%PS4.2x
AEM Agnico Eagle MinesUS$79.822.0%
+US$812.9m
65.6%PE64.4x
AA AlcoaUS$41.805.9%
+US$601.9m
55.9%PS1x
AU AngloGold AshantiUS$27.345.4%
+US$589.0m
45.8%PE100x
RS RelianceUS$293.663.2%
+US$494.6m
13.3%PE14.2x
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Latest News

MTAL

US$12.77

Metals Acquisition

7D

-8.2%

1Y

11.1%

CRS

US$157.28

Carpenter Technology

7D

-1.7%

1Y

142.2%

FCX

US$48.86

Freeport-McMoRan

7D

-3.8%

1Y

36.3%

X

US$36.42

United States Steel

7D

2.9%

1Y

10.4%

NEM

US$54.82

Newmont

7D

3.5%

1Y

36.9%

USGO

US$10.04

U.S. GoldMining

7D

-22.8%

1Y

34.0%

AA

US$41.80

Alcoa

7D

5.9%

1Y

55.9%