Header cover image

U.S. Metals and Mining Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies258
  • 7D-1.1%
  • 3M16.7%
  • 1Y19.2%
  • YTD10.7%

Over the last 7 days, the Metals and Mining industry has dropped 1.1%, driven by Nucor declining 7.8%. In contrast, Newmont has gained 13%. In the past year, the industry has gained 19%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024US$446.2bUS$267.7bUS$14.7b13.4x30.4x1.7x
Sun, 24 Mar 2024US$423.6bUS$266.6bUS$15.8b14.2x26.9x1.6x
Tue, 20 Feb 2024US$385.3bUS$264.8bUS$17.2b16.1x22.4x1.5x
Thu, 18 Jan 2024US$377.2bUS$278.1bUS$19.4b17.1x19.5x1.4x
Sat, 16 Dec 2023US$397.4bUS$278.8bUS$19.4b16.1x20.5x1.4x
Mon, 13 Nov 2023US$345.6bUS$279.7bUS$20.0b13.9x17.3x1.2x
Wed, 11 Oct 2023US$351.4bUS$283.5bUS$21.9b11.4x16x1.2x
Fri, 08 Sep 2023US$355.2bUS$279.0bUS$21.4b12.6x16.6x1.3x
Sun, 06 Aug 2023US$367.7bUS$277.5bUS$22.0b14.2x16.7x1.3x
Tue, 04 Jul 2023US$356.3bUS$284.1bUS$26.0b13x13.7x1.3x
Thu, 01 Jun 2023US$315.5bUS$284.6bUS$26.3b12.4x12x1.1x
Sat, 29 Apr 2023US$351.2bUS$286.1bUS$27.0b11.3x13x1.2x
Mon, 27 Mar 2023US$348.8bUS$293.0bUS$29.2b10.4x11.9x1.2x
Wed, 22 Feb 2023US$363.9bUS$294.0bUS$32.9b7.7x11x1.2x
Fri, 20 Jan 2023US$367.8bUS$297.9bUS$37.9b7.4x9.7x1.2x
Sun, 18 Dec 2022US$320.9bUS$298.2bUS$38.0b6.8x8.5x1.1x
Tue, 15 Nov 2022US$327.0bUS$297.7bUS$37.8b6.2x8.6x1.1x
Thu, 13 Oct 2022US$275.9bUS$297.0bUS$44.3b6.7x6.2x0.9x
Sat, 10 Sep 2022US$302.2bUS$296.8bUS$44.5b6.8x6.8x1x
Mon, 08 Aug 2022US$295.4bUS$295.1bUS$43.7b8.9x6.8x1x
Wed, 06 Jul 2022US$283.3bUS$281.9bUS$42.0b7.6x6.7x1x
Fri, 03 Jun 2022US$356.8bUS$280.7bUS$41.9b8.8x8.5x1.3x
Sun, 01 May 2022US$378.4bUS$276.8bUS$40.8b10x9.3x1.4x
Tue, 29 Mar 2022US$365.6bUS$248.3bUS$34.6b9.7x10.6x1.5x
Thu, 24 Feb 2022US$357.1bUS$256.1bUS$35.3b9.3x10.1x1.4x
Sat, 22 Jan 2022US$319.2bUS$234.9bUS$28.0b8.3x11.4x1.4x
Mon, 20 Dec 2021US$316.6bUS$232.9bUS$28.2b8.6x11.2x1.4x
Wed, 17 Nov 2021US$331.0bUS$232.3bUS$28.1b9.1x11.8x1.4x
Fri, 15 Oct 2021US$309.8bUS$195.4bUS$17.9b11.3x17.3x1.6x
Sun, 12 Sep 2021US$319.1bUS$200.0bUS$16.1b11.4x19.8x1.6x
Tue, 10 Aug 2021US$332.4bUS$198.0bUS$18.0b12.4x18.5x1.7x
Mon, 03 May 2021US$311.1bUS$169.9bUS$8.6b14.5x36x1.8x
Price to Earnings Ratio

36x


Total Market Cap: US$311.1bTotal Earnings: US$8.6bTotal Revenue: US$169.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 15x202220232024
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 30.4x which is higher than its 3-year average PE of 15.0x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market0.97%
Materials-0.29%
Metals and Mining-1.06%
Gold6.37%
Diversified Metals and Mining0.67%
Aluminum0.34%
Copper-2.33%
Silver-2.51%
Steel-4.81%
Precious Metals and Minerals-24.13%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 19.2x.
    • Analysts are expecting annual earnings growth of 14.3%, which is higher than its past year's earnings decline of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 99% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings growth to stay flat 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$43.4112.6%
+US$5.6b		-10.1%PS3.8x
AEM Agnico Eagle MinesUS$64.942.3%
+US$732.0m		14.8%PE16.7x
CRML Critical MetalsUS$11.1933.2%
+US$232.5m		6.6%n/a
BVN Compañía de Minas BuenaventuraAUS$16.905.6%
+US$226.0m		124.4%PE160.7x
HCC Warrior Met CoalUS$69.555.1%
+US$177.8m		103.4%PE7.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

AEM

US$64.94

Agnico Eagle Mines

7D

2.3%

1Y

14.8%

Agnico Eagle Q1 Earnings: Soaring Above The Peer Group

Apr 26

FCX

US$49.40

Freeport-McMoRan

7D

-1.5%

1Y

31.8%

Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 26
Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

NUE

US$175.88

Nucor

7D

-7.8%

1Y

18.6%

Nucor Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Apr 26
Nucor Corporation Just Missed Earnings - But Analysts Have Updated Their Models

CLF

US$18.23

Cleveland-Cliffs

7D

-12.5%

1Y

20.2%

Cleveland-Cliffs Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 26
Cleveland-Cliffs Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

RS

US$292.13

Reliance

7D

-8.8%

1Y

13.9%

RGLD

US$124.19

Royal Gold

7D

2.1%

1Y

-7.8%

BVN

US$16.90

Compañía de Minas BuenaventuraA

7D

5.6%

1Y

124.4%

NEM

US$43.41

Newmont

7D

12.6%

1Y

-10.1%

CDE

US$4.82

Coeur Mining

7D

8.6%

1Y

38.1%

STLD

US$133.03

Steel Dynamics

7D

-2.2%

1Y

27.5%

SCCO

US$111.82

Southern Copper

7D

-3.1%

1Y

48.1%

CRML

US$11.19

Critical Metals

7D

33.2%

1Y

6.6%

X

US$37.17

United States Steel

7D

-4.5%

1Y

56.6%

U.S. Steel: Staying Positive

Apr 18

CRS

US$81.75

Carpenter Technology

7D

3.0%

1Y

51.6%

HCC

US$69.55

Warrior Met Coal

7D

5.1%

1Y

103.4%

Warrior Met Coal, Inc.'s (NYSE:HCC) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Apr 17
Warrior Met Coal, Inc.'s (NYSE:HCC) Price Is Right But Growth Is Lacking After Shares Rocket 27%

AU

US$22.78

AngloGold Ashanti

7D

-3.9%

1Y

n/a