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U.S. Metals and Mining Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies262
- 7D4.5%
- 3M-12.6%
- 1Y10.9%
- YTD6.5%
Newmont is up 6.6%, leading the way for the Metals and Mining industry, which has gained 4.5%. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the U.S. Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | US$412.6b | US$263.0b | US$11.9b | 15.5x | 34.7x | 1.6x |
| Wed, 18 Dec 2024 | US$411.7b | US$266.0b | US$12.5b | 16.2x | 32.9x | 1.5x |
| Fri, 15 Nov 2024 | US$431.3b | US$266.8b | US$12.5b | 19x | 34.5x | 1.6x |
| Sun, 13 Oct 2024 | US$468.9b | US$267.4b | US$11.3b | 14.2x | 41.5x | 1.8x |
| Tue, 10 Sep 2024 | US$411.0b | US$267.4b | US$11.4b | 13x | 36.1x | 1.5x |
| Thu, 08 Aug 2024 | US$420.7b | US$267.1b | US$11.5b | 13x | 36.6x | 1.6x |
| Sat, 06 Jul 2024 | US$449.0b | US$266.4b | US$12.8b | 13.3x | 35.2x | 1.7x |
| Mon, 03 Jun 2024 | US$463.0b | US$266.9b | US$13.0b | 14.6x | 35.5x | 1.7x |
| Wed, 01 May 2024 | US$442.9b | US$267.5b | US$13.1b | 13x | 33.7x | 1.7x |
| Fri, 29 Mar 2024 | US$433.6b | US$266.5b | US$15.7b | 14.4x | 27.6x | 1.6x |
| Sun, 25 Feb 2024 | US$384.2b | US$264.8b | US$15.6b | 15.8x | 24.7x | 1.5x |
| Tue, 23 Jan 2024 | US$381.0b | US$278.1b | US$19.6b | 17.4x | 19.4x | 1.4x |
| Thu, 21 Dec 2023 | US$411.4b | US$278.9b | US$19.4b | 17x | 21.2x | 1.5x |
| Sat, 18 Nov 2023 | US$360.9b | US$280.1b | US$20.0b | 15.4x | 18.1x | 1.3x |
| Mon, 16 Oct 2023 | US$342.3b | US$283.2b | US$21.8b | 11.7x | 15.7x | 1.2x |
| Wed, 13 Sep 2023 | US$354.9b | US$279.1b | US$21.4b | 12.1x | 16.6x | 1.3x |
| Fri, 11 Aug 2023 | US$362.6b | US$277.1b | US$21.9b | 13.8x | 16.5x | 1.3x |
| Sun, 09 Jul 2023 | US$349.1b | US$284.2b | US$26.0b | 12.9x | 13.4x | 1.2x |
| Tue, 06 Jun 2023 | US$333.7b | US$284.7b | US$26.4b | 12.8x | 12.7x | 1.2x |
| Thu, 04 May 2023 | US$345.7b | US$285.7b | US$26.9b | 11.1x | 12.9x | 1.2x |
| Sat, 01 Apr 2023 | US$363.5b | US$293.2b | US$29.3b | 10.8x | 12.4x | 1.2x |
| Mon, 27 Feb 2023 | US$353.5b | US$293.2b | US$31.1b | 7.8x | 11.4x | 1.2x |
| Wed, 25 Jan 2023 | US$373.3b | US$297.9b | US$37.9b | 7.6x | 9.8x | 1.3x |
| Fri, 23 Dec 2022 | US$325.9b | US$298.2b | US$37.9b | 6.6x | 8.6x | 1.1x |
| Sun, 20 Nov 2022 | US$318.3b | US$298.0b | US$38.0b | 6.2x | 8.4x | 1.1x |
| Tue, 18 Oct 2022 | US$268.8b | US$297.5b | US$44.4b | 6.6x | 6.1x | 0.9x |
| Thu, 15 Sep 2022 | US$281.4b | US$296.7b | US$44.4b | 7.4x | 6.3x | 0.9x |
| Sat, 13 Aug 2022 | US$309.6b | US$296.6b | US$44.4b | 8.2x | 7x | 1x |
| Mon, 11 Jul 2022 | US$289.8b | US$281.9b | US$42.0b | 7.5x | 6.9x | 1x |
| Wed, 08 Jun 2022 | US$372.2b | US$280.8b | US$41.9b | 9.1x | 8.9x | 1.3x |
| Fri, 06 May 2022 | US$369.4b | US$277.9b | US$41.0b | 9.4x | 9x | 1.3x |
| Sun, 03 Apr 2022 | US$434.6b | US$260.7b | US$35.7b | 10.8x | 12.2x | 1.7x |
| Tue, 01 Mar 2022 | US$375.5b | US$258.6b | US$34.9b | 9.2x | 10.7x | 1.5x |
| Thu, 27 Jan 2022 | US$311.5b | US$237.1b | US$28.9b | 8.2x | 10.8x | 1.3x |
Price to Earnings Ratio
10.8x
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 34.7x which is higher than its 3-year average PE of 18.8x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 26% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.5% 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 Market | 3.25% | |
| Materials | 5.65% | |
| Metals and Mining | 4.52% | |
| Aluminum | 8.57% | |
| Steel | 6.17% | |
| Precious Metals and Minerals | 5.43% | |
| Gold | 3.63% | |
| Diversified Metals and Mining | 3.58% | |
| Copper | 3.52% | |
| Silver | 3.51% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 36.9x.
- Analysts are expecting annual earnings growth of 29.3%, which is higher than its past year's earnings decline of 26.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 145% over the next 5 years.
- In contrast, the Copper industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEM Newmont | US$41.67 | 6.4% +US$2.8b | 19.1% | PS2.8x | |
| SCCO Southern Copper | US$98.12 | 3.6% +US$2.7b | 24.7% | PE25.6x | |
| NUE Nucor | US$124.53 | 5.4% +US$1.5b | -25.3% | PE11.6x | |
| STLD Steel Dynamics | US$125.83 | 8.2% +US$1.4b | 11.5% | PE10.9x | |
| AEM Agnico Eagle Mines | US$85.03 | 3.2% +US$1.3b | 72.3% | PE42x |
