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U.S. Gold Industry Analysis

UpdatedOct 07, 2025
DataAggregated Company Financials
Companies73
  • 7D3.9%
  • 3M53.2%
  • 1Y100.0%
  • YTDn/a

Over the last 7 days, the Gold industry has risen 3.9%, driven by gains from Newmont of 4.7%. This takes the industry's 12 month performance to a gain of 100%. As for the next few years, earnings are expected to grow by 8.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Oct 2025US$258.1bUS$43.1bUS$12.1b28.9x21.3x6x
Thu, 04 Sep 2025US$217.8bUS$42.4bUS$12.2b25.2x17.9x5.1x
Sat, 02 Aug 2025US$177.5bUS$41.0bUS$11.6b16.6x15.3x4.3x
Mon, 30 Jun 2025US$170.2bUS$39.3bUS$9.7b15.5x17.5x4.3x
Wed, 28 May 2025US$165.3bUS$39.3bUS$9.7b15.7x17x4.2x
Fri, 25 Apr 2025US$162.0bUS$37.6bUS$8.6b17.5x18.8x4.3x
Sun, 23 Mar 2025US$145.1bUS$36.6bUS$6.9b20.5x21x4x
Tue, 18 Feb 2025US$135.3bUS$34.3bUS$1.9b23.3x72x3.9x
Thu, 16 Jan 2025US$117.9bUS$33.7bUS$950.0m22x124.1x3.5x
Sat, 14 Dec 2024US$121.4bUS$33.8bUS$953.3m21.8x127.3x3.6x
Mon, 11 Nov 2024US$123.4bUS$33.8bUS$939.7m23.1x131.3x3.7x
Wed, 09 Oct 2024US$128.9bUS$30.8b-US$1,003,904,258.0426.6x-128.4x4.2x
Fri, 06 Sep 2024US$127.1bUS$30.5b-US$1,014,864,383.6926x-125.3x4.2x
Sun, 04 Aug 2024US$122.3bUS$30.0b-US$1,409,339,983.7825.8x-86.8x4.1x
Tue, 02 Jul 2024US$109.1bUS$27.8b-US$2,339,382,486.4232.3x-46.7x3.9x
Thu, 30 May 2024US$112.2bUS$27.8b-US$2,339,430,584.3932.6x-48x4x
Sat, 27 Apr 2024US$109.6bUS$27.4b-US$867,826,390.0113.9x-126.3x4x
Mon, 25 Mar 2024US$91.2bUS$26.1b-US$674,007,090.4512.6x-135.4x3.5x
Wed, 21 Feb 2024US$84.4bUS$25.2bUS$1.2b16.7x71.3x3.3x
Fri, 19 Jan 2024US$87.0bUS$27.9bUS$1.9b10x46x3.1x
Sun, 17 Dec 2023US$97.4bUS$28.1bUS$1.9b10.6x52.4x3.5x
Tue, 14 Nov 2023US$82.4bUS$28.1bUS$1.9b10.4x43.7x2.9x
Thu, 12 Oct 2023US$76.2bUS$28.0bUS$1.8b11.1x43.3x2.7x
Sat, 09 Sep 2023US$67.5bUS$23.2bUS$1.2b12.5x55.8x2.9x
Mon, 07 Aug 2023US$70.1bUS$20.5bUS$1.5b21.4x47.9x3.4x
Wed, 05 Jul 2023US$72.8bUS$20.7bUS$1.6b29.7x44.4x3.5x
Fri, 02 Jun 2023US$73.8bUS$20.7bUS$1.7b27.6x43.6x3.6x
Sun, 30 Apr 2023US$80.4bUS$20.7bUS$1.8b14.5x44.2x3.9x
Tue, 28 Mar 2023US$76.2bUS$20.9bUS$157.7m12.4x483.3x3.6x
Thu, 23 Feb 2023US$69.0bUS$21.2bUS$1.6b11.3x44.3x3.3x
Sat, 21 Jan 2023US$82.7bUS$20.7bUS$1.5b11.6x57x4x
Mon, 19 Dec 2022US$72.3bUS$20.7bUS$1.4b12.1x50x3.5x
Wed, 16 Nov 2022US$71.0bUS$20.7bUS$1.4b12.9x49.1x3.4x
Fri, 14 Oct 2022US$63.4bUS$20.5bUS$1.5b11.1x42.5x3.1x
Price to Earnings Ratio

42.5x


Total Market Cap: US$63.4bTotal Earnings: US$1.5bTotal Revenue: US$20.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gold Industry Price to Earnings3Y Average 33.5x202320242025
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 21.3x which is lower than its 3-year average PE of 33.5x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 101% per year over the last three years.
  • Revenues for these companies have grown 28% 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 Market1.06%
Materials1.70%
Metals and Mining4.82%
Gold3.95%
Diversified Metals and Mining13.04%
Copper7.74%
Silver4.55%
Precious Metals and Minerals2.58%
Steel1.17%
Aluminum-0.15%
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
NEM NewmontUS$88.514.7%
+US$4.3b		67.1%PE15.6x
AU AngloGold AshantiUS$74.677.8%
+US$2.7b		187.9%PE20.9x
AEM Agnico Eagle MinesUS$170.412.2%
+US$1.8b		117.9%PE28.9x
CDE Coeur MiningUS$19.343.3%
+US$392.1m		212.4%PE65.2x
RGLD Royal GoldUS$203.572.6%
+US$333.8m		48.7%PE29.8x

Latest News

AEM
US$170.41
Agnico Eagle Mines
7D
2.2%
1Y
117.9%
RGLD
US$203.57
Royal Gold
7D
2.6%
1Y
48.7%

Kansanshi And Warintza Projects Will Drive Future Stability

Analysts have raised their price target for Royal Gold from $220.75 to $223.63. They cite expectations of stronger revenue growth and improved profit margins, which are anticipated to offset a modest rise in the discount rate.
CDE
US$19.34
Coeur Mining
7D
3.3%
1Y
212.4%

Rochester And Las Chispas Projects Will Fuel Metal Demand

Analysts have increased their price target for Coeur Mining from $13.64 to $17.03 per share. They cite stronger-than-expected quarterly results, improved balance sheet strength, and anticipated production growth as key drivers for the upward revision.
AU
US$74.67
AngloGold Ashanti
7D
7.8%
1Y
187.9%

Robust Gold Demand And Operational Improvements Will Enable Future Success

Analysts have raised their fair value estimate for AngloGold Ashanti from $58.00 to approximately $67.17. This change reflects improved revenue growth expectations, which outweigh a slight decline in projected profit margins.
MUX
US$18.30
McEwen
7D
9.8%
1Y
87.7%

Global Copper Demand And Los Azules Feasibility Will Redefine Mining

Analysts have raised their price target for McEwen, increasing it by $1.13 to $16.44. They cited updated financial outlooks and sustained confidence in the company's performance.
GROY
US$3.80
Gold Royalty
7D
-2.1%
1Y
171.4%

Strong Gold Prices And Ramp-Up Mines Will Drive Value

Analysts have raised their price target for Gold Royalty from $4.21 to $4.67, citing robust revenue growth expectations. This outlook is driven by higher gold prices and increasing production across its royalty portfolio.
NEM
US$88.51
Newmont
7D
4.7%
1Y
67.1%
DC
US$4.60
Dakota Gold
7D
-2.1%
1Y
100.0%
PZG
US$1.25
Paramount Gold Nevada
7D
-6.0%
1Y
190.8%
DRD
US$29.78
DRDGOLD
7D
8.1%
1Y
204.5%
AUGO
US$36.61
Aura Minerals
7D
-1.6%
1Y
211.6%

Aura Minerals: Positioned To Double Production

Sep 26
BVN
US$24.79
Compañía de Minas BuenaventuraA
7D
1.9%
1Y
77.1%
GORO
US$0.82
Gold Resource
7D
-3.2%
1Y
134.4%
NAMM
US$3.26
Namib Minerals
7D
-1.2%
1Y
-69.0%

Namib Minerals: Post-SPAC Gold Play With One Working Mine And Too Many Hurdles

Jul 16