Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Gold Industry Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies81
  • 7D-5.0%
  • 3M11.2%
  • 1Y156.3%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 5.0%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 156%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the U.S. Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Dec 2025US$299.0bUS$46.4bUS$14.2b19.4x21.1x6.4x
Thu, 27 Nov 2025US$262.0bUS$46.4bUS$14.2b19.7x18.5x5.6x
Sat, 25 Oct 2025US$256.8bUS$44.0bUS$13.1b27.7x19.7x5.8x
Mon, 22 Sep 2025US$239.7bUS$42.7bUS$12.2b23.2x19.7x5.6x
Wed, 20 Aug 2025US$197.6bUS$42.4bUS$12.1b18.3x16.3x4.7x
Fri, 18 Jul 2025US$173.4bUS$39.3bUS$9.7b16.6x17.8x4.4x
Sun, 15 Jun 2025US$178.4bUS$39.3bUS$9.7b16.8x18.4x4.5x
Tue, 13 May 2025US$165.9bUS$39.2bUS$9.7b15x17.1x4.2x
Thu, 10 Apr 2025US$137.2bUS$36.6bUS$6.9b17.5x19.9x3.8x
Sat, 08 Mar 2025US$134.0bUS$36.6bUS$7.0b15.4x19.1x3.7x
Mon, 03 Feb 2025US$127.6bUS$33.7bUS$952.1m23.3x134.1x3.8x
Wed, 01 Jan 2025US$108.8bUS$33.7bUS$949.7m20.1x114.5x3.2x
Fri, 29 Nov 2024US$117.7bUS$33.8bUS$951.9m20.1x123.7x3.5x
Sun, 27 Oct 2024US$130.2bUS$32.9b-US$288,184,471.8326.2x-451.7x4x
Tue, 24 Sep 2024US$134.6bUS$30.5b-US$1,013,687,985.7128.6x-132.7x4.4x
Thu, 22 Aug 2024US$131.7bUS$30.5b-US$1,014,828,169.4627.9x-129.7x4.3x
Sat, 20 Jul 2024US$123.0bUS$27.8b-US$2,339,430,817.6337.7x-52.6x4.4x
Mon, 17 Jun 2024US$106.3bUS$27.8b-US$2,339,585,945.5032.9x-45.4x3.8x
Wed, 15 May 2024US$110.5bUS$27.8b-US$2,334,170,741.5937.9x-47.4x4x
Fri, 12 Apr 2024US$102.4bUS$26.1b-US$684,667,679.5713.2x-149.6x3.9x
Sun, 10 Mar 2024US$91.3bUS$26.1b-US$458,964,191.9714x-198.9x3.5x
Tue, 06 Feb 2024US$84.4bUS$24.8bUS$1.7b16.3x48.8x3.4x
Thu, 04 Jan 2024US$95.9bUS$27.9bUS$1.9b10.4x50.7x3.4x
Sat, 02 Dec 2023US$96.4bUS$28.1bUS$1.9b11.8x51.9x3.4x
Mon, 30 Oct 2023US$76.8bUS$28.1bUS$1.8b11.2x42.5x2.7x
Wed, 27 Sep 2023US$68.2bUS$23.5bUS$1.7b10.3x39.7x2.9x
Fri, 25 Aug 2023US$67.9bUS$20.4bUS$1.5b13.2x45.3x3.3x
Sun, 23 Jul 2023US$74.7bUS$20.3bUS$1.4b29.6x52.7x3.7x
Tue, 20 Jun 2023US$73.9bUS$20.7bUS$1.6b29.6x45x3.6x
Thu, 18 May 2023US$77.6bUS$20.7bUS$1.7b28.2x46.3x3.8x
Sat, 15 Apr 2023US$84.3bUS$20.9bUS$220.0m17x383.2x4x
Mon, 13 Mar 2023US$67.2bUS$21.0bUS$194.3m10.3x345.8x3.2x
Wed, 08 Feb 2023US$76.9bUS$20.7bUS$1.4b11.2x53.1x3.7x
Fri, 06 Jan 2023US$79.3bUS$20.7bUS$1.5b13x54.6x3.8x
Price to Earnings Ratio

54.6x


Total Market Cap: US$79.3bTotal Earnings: US$1.5bTotal Revenue: US$20.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gold Industry Price to Earnings3Y Average 31.4x20242025
Current Industry PE
  • Investors are pessimistic on the American Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 21.1x which is lower than its 3-year average PE of 31.4x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 114% per year over the last three years.
  • Revenues for these companies have grown 31% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Gold compare with similar industries?

US Market-0.18%
Materials-0.86%
Metals and Mining-2.98%
Gold-4.99%
Precious Metals and Minerals0.48%
Aluminum0.13%
Steel-0.02%
Copper-1.45%
Silver-5.22%
Diversified Metals and Mining-5.27%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
No data available

Latest News

RGLD
US$225.32
Royal Gold
7D
-3.4%
1Y
70.9%
BVN
US$28.10
Compañía de Minas BuenaventuraA
7D
-3.5%
1Y
135.5%
AEM
US$171.34
Agnico Eagle Mines
7D
-4.9%
1Y
120.1%

AEM: Gold Rally And Geopolitical Uncertainty Will Shape Balanced Future Outlook

Agnico Eagle Mines' analyst price target has inched higher from approximately $195 to about $197 per share as analysts factor in stronger revenue growth assumptions, slightly improved margins, and a supportive outlook for precious metal prices amid ongoing macroeconomic and geopolitical uncertainty. Analyst Commentary Recent Street research has turned more constructive on Agnico Eagle Mines, with multiple firms lifting price targets to reflect stronger precious metals pricing, improving capital allocation, and a more supportive macro backdrop for gold and silver.
HYMC
US$23.26
Hycroft Mining Holding
7D
-14.3%
1Y
952.5%
NEM
US$99.81
Newmont
7D
-5.2%
1Y
168.2%

NEM: Future Barrick Dealmaking Will Likely Erode Already Stretched Share Pricing

The analyst price target for Newmont has been raised significantly, from approximately $58 to about $78 per share, as analysts factor in higher expected gold prices, improved profitability, and valuation upside relative to peers. Analyst Commentary Recent Street research on Newmont reflects a broadly constructive stance, with multiple firms lifting price targets and upgrading the stock on expectations of stronger gold prices, improving free cash flow, and valuation upside relative to peers.
DRD
US$30.54
DRDGOLD
7D
-9.7%
1Y
255.9%
CDE
US$18.31
Coeur Mining
7D
-3.1%
1Y
226.4%

CDE: Diversified Mines And Exploration Success Will Drive Future Upside Potential

Analysts have nudged their average price target on Coeur Mining modestly higher to reflect stronger valuation multiples and solid growth prospects highlighted in recent research, even as some now view the stock as fairly valued following its sharp rally. Analyst Commentary Recent Street research presents a more balanced picture on Coeur Mining, with some bullish analysts still highlighting attractive growth and asset quality, while more cautious voices focus on valuation after the stock's strong run.
AU
US$84.94
AngloGold Ashanti
7D
-5.6%
1Y
271.1%

AU: Rising Gold Output Will Likely Fail To Justify Current Share Price

Analysts have significantly raised their price target for AngloGold Ashanti from approximately $38 to about $67 per share, citing expectations for stronger revenue growth, improved profit margins, a slightly higher required return, and a modestly lower future earnings multiple. What's in the News AngloGold Ashanti increased its interim dividend to 91 US cents per share for the three months ended 30 September 2025, indicating confidence in cash generation and balance sheet strength (Key Developments).