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

Investors are optimistic on the industry, and appear confident in long-term growth rates. The industry is trading at a PE ratio of 28.1x which is higher than its 3-year average PE of 19.9x.

How does U.S. Diversified Metals and Mining compare with similar industries?

There is insufficient data on the sub-industries of this industry.

U.S. Diversified Metals and Mining Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Fri, 27 May 2022	US$16.8b	US$8.1b	US$269.7m	28.1x
Sun, 24 Apr 2022	US$18.9b	US$7.4b	-US$52,206,891.00	40.9x
Tue, 22 Mar 2022	US$20.4b	US$7.4b	US$15.8m	44.7x
Thu, 17 Feb 2022	US$19.1b	US$7.0b	-US$186,349,928.00	70.9x
Sat, 15 Jan 2022	US$19.2b	US$7.4b	-US$178,732,660.00	36.3x
Mon, 13 Dec 2021	US$18.3b	US$7.4b	-US$170,288,747.00	34.6x
Wed, 10 Nov 2021	US$19.3b	US$7.2b	-US$14,092,805.00	31.3x
Fri, 08 Oct 2021	US$16.7b	US$6.9b	-US$61,070,652.00	21.4x
Sun, 05 Sep 2021	US$16.0b	US$7.3b	-US$234,595,982.79	17.7x
Tue, 03 Aug 2021	US$15.7b	US$7.3b	-US$234,595,982.79	17x
Fri, 07 May 2021	US$14.8b	US$6.6b	-US$522,180,928.55	14.5x
Mon, 08 Feb 2021	US$11.1b	US$6.2b	-US$1,025,810,501.22	6.1x
Sun, 01 Nov 2020	US$4.8b	US$5.9b	-US$968,945,683.98	11.6x
Wed, 05 Aug 2020	US$4.6b	US$6.1b	-US$1,287,922,615.13	18.6x
Sat, 09 May 2020	US$4.9b	US$6.7b	-US$1,242,331,632.69	7.7x
Fri, 31 Jan 2020	US$6.6b	US$7.0b	-US$734,479,848.74	9.3x
Mon, 04 Nov 2019	US$8.0b	US$7.2b	-US$696,902,155.02	11.6x
Thu, 08 Aug 2019	US$5.1b	US$7.4b	-US$300,326,833.28	24x


US Market	1.04%
Materials	2.67%
Metals and Mining	6.44%
Diversified Metals and Mining	2.29%
Copper	8.06%
Gold	7.84%
Silver	7.00%
Steel	5.59%
Aluminum	0.59%
Precious Metals and Minerals	-1.92%

Company	Last Price	7D	1Y	Valuation
SGML Sigma Lithium	US$18.30	26.3% +US$383.6m	297.0%	PB12.4x
MP MP Materials	US$40.13	5.0% +US$339.1m	42.9%	PS34.8x
GSM Ferroglobe	US$7.50	8.4% +US$108.6m	45.3%	PS13x
NEXA Nexa Resources	US$9.22	9.5% +US$106.0m	-13.8%	PS7.9x
MTRN Materion	US$83.37	5.7% +US$92.1m	5.7%	PS24.5x

May 20

TMC the metals company Inc. Announces Successful Deepwater Commissioning of Riser Pipe and Jumper Hose Designed to Lift Polymetallic Nodules from Seafloor to Surface

TMC the metals company Inc. announced the successful deployment of a riser system and flexible jumper hose which, alongside the robotic nodule collector vehicle, represent key components of the pilot nodule collection system designed by the Company’s strategic partner and shareholder, Allseas Group S.A. Engineers aboard the Hidden Gem vessel deployed the flexible jumper hose, connected it to the base of the riser and then launched the pilot riser, lowering the assembly to a depth of around 650m meters. Using the remotely operated vehicle (ROV) installed on the Hidden Gem, engineers then made a sub-sea connection between the jumper hose and collector vehicle which was previously deployed to the seafloor in 745m water depth. Allseas used the derrick onboard the former drillship for at-sea construction of the pilot riser system which will ultimately extend to 4km deep when deployed later this year in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. The pilot system being tested by Allseas will be the basis for TMC’s first commercial production system, and in March the companies announced a non-binding term sheet outlining the terms for developing and operating the world’s first commercial system to collect deep-sea polymetallic nodules to meet surging demand for critical battery metals. Since 2019, Allseas and TMC have been working together to develop a pilot system to responsibly collect unattached polymetallic nodules from the seafloor and lift them to the surface for transportation to shore. Nodules contain high grades of nickel, manganese, copper and cobalt — key metals required for building electric vehicle batteries and renewable energy technologies. Previously, TMC and Allseas announced successful trials of the nodule collector vehicle in deep-water in the Atlantic [see video] as well as harbor wet-test commissioning and shallow-water drive tests in the North Sea. All trials to date are in preparation for full pilot nodule collection system trials later this year over an 8 km2 section of the NORI-D contract area in the Clarion Clipperton Zone of the Pacific Ocean. The trials are an integral part of the International Seabed Authority’s regulatory and permitting process and the environmental impact data collected both during and after the upcoming nodule collection test work, together with many terabytes of existing baseline data collected by TMC, will form the basis of the application for an exploitation contract by its wholly-owned subsidiary, Nauru Ocean Resources Inc. (NORI). Development of technologies to collect polymetallic nodules first began in the 1970s when oil, gas and mining majors including Shell, Rio Tinto (Kennecott) and Sumitomo successfully conducted pilot test work in the CCZ, collecting over ten thousand tons of nodules. In the decades since, the ISA was established to develop the regulatory framework to govern mineral extraction in the high seas while technology development efforts have largely focused on scaling proven nodule collection technologies and optimizing for minimal seafloor disturbance and environmental impact.

U.S. Diversified Metals and Mining Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

GSM

Ferroglobe plc Announces Restart of Second Silicon Metal Furnace At the Selma Facility in the United States

USAU

U.S. Gold Corp. Appoints Luke Norman as Non-Independent Chairman

NEXA

Nexa Resources S.A. Resumes Atacocha San Gerardo Open Pit Mine Operations

CMP

Price target decreased to US$63.71

TMC

TMC the metals company Inc. Announces Successful Deepwater Commissioning of Riser Pipe and Jumper Hose Designed to Lift Polymetallic Nodules from Seafloor to Surface

MTRN

Upcoming dividend of US$0.13 per share

MP

MP Materials: Phenomenal Execution Makes The Stock A Buy

IDR

First quarter 2022 earnings released: US$0.041 loss per share (vs US$0.17 loss in 1Q 2021)

SGML

Independent Director recently sold US$936k worth of stock

CHNR

China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements

CTGO

Contango Ore, Inc. announced that it expects to receive $20 million in funding from Queen's Road Capital Investment Ltd.