U.S. Gold Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies93
- 7D1.5%
- 3M5.8%
- 1Y-23.0%
- YTD-9.0%
The Gold industry is up 1.5% in the last week, with Newmont up 3.3%. In the past year, the industry is down 23%. As for the next few years, earnings are expected to grow by 9.5% per annum.
Industry Valuation and Performance
Has the U.S. Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | US$73.0b | US$20.7b | US$1.7b | 28.6x | 43.1x | 3.5x |
| Sat, 06 May 2023 | US$84.0b | US$20.7b | US$1.8b | 15.7x | 47.6x | 4.1x |
| Mon, 03 Apr 2023 | US$77.4b | US$20.9b | US$222.0m | 15.8x | 348.5x | 3.7x |
| Wed, 01 Mar 2023 | US$69.0b | US$21.0b | US$198.6m | 10.6x | 347.4x | 3.3x |
| Fri, 27 Jan 2023 | US$83.9b | US$20.7b | US$1.4b | 11.4x | 57.9x | 4x |
| Sun, 25 Dec 2022 | US$75.0b | US$20.7b | US$1.4b | 12.1x | 51.7x | 3.6x |
| Tue, 22 Nov 2022 | US$69.8b | US$20.7b | US$1.4b | 12.6x | 48.5x | 3.4x |
| Thu, 20 Oct 2022 | US$61.5b | US$20.5b | US$1.5b | 10.6x | 41.3x | 3x |
| Sat, 17 Sep 2022 | US$64.9b | US$20.5b | US$1.5b | 11.4x | 44.5x | 3.2x |
| Mon, 15 Aug 2022 | US$70.4b | US$20.5b | US$1.5b | 12.6x | 48x | 3.4x |
| Wed, 13 Jul 2022 | US$78.3b | US$20.1b | US$1.8b | 11.3x | 42.3x | 3.9x |
| Fri, 10 Jun 2022 | US$88.6b | US$20.1b | US$1.9b | 12.6x | 47.8x | 4.4x |
| Sun, 08 May 2022 | US$99.4b | US$20.0b | US$1.9b | 15.2x | 53x | 5x |
| Tue, 05 Apr 2022 | US$110.9b | US$19.4b | US$1.9b | 25.8x | 57.1x | 5.7x |
| Thu, 03 Mar 2022 | US$95.4b | US$19.3b | US$2.0b | 21.7x | 47.8x | 4.9x |
| Sat, 29 Jan 2022 | US$72.6b | US$19.2b | US$2.8b | 13x | 25.9x | 3.8x |
| Mon, 27 Dec 2021 | US$74.2b | US$19.2b | US$2.8b | 14x | 26.4x | 3.9x |
| Wed, 24 Nov 2021 | US$71.0b | US$19.2b | US$2.8b | 14.5x | 25.3x | 3.7x |
| Fri, 22 Oct 2021 | US$73.9b | US$19.5b | US$3.7b | 13x | 19.8x | 3.8x |
| Sun, 19 Sep 2021 | US$71.4b | US$19.5b | US$3.7b | 13.2x | 19.1x | 3.7x |
| Tue, 17 Aug 2021 | US$75.8b | US$19.8b | US$3.7b | 9.4x | 20.5x | 3.8x |
| Tue, 01 Jun 2021 | US$94.3b | US$18.3b | US$3.3b | 10.7x | 28.8x | 5.2x |
| Fri, 05 Mar 2021 | US$72.7b | US$17.6b | US$3.1b | 10.7x | 23.8x | 4.1x |
| Mon, 07 Dec 2020 | US$77.9b | US$16.8b | US$2.8b | 8.9x | 28.3x | 4.6x |
| Thu, 10 Sep 2020 | US$92.1b | US$16.0b | US$4.1b | 12.4x | 22.5x | 5.8x |
Price to Earnings Ratio
19.5x
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 43.1x which is lower than its 3-year average PE of 55.5x.
- The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Gold industry have declined 26% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.9% 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 Comparison
How does U.S. Gold compare with similar industries?
| US Market | 2.58% | |
| Materials | 6.90% | |
| Metals and Mining | 7.50% | |
| Gold | 1.46% | |
| Steel | 10.72% | |
| Aluminum | 8.98% | |
| Diversified Metals and Mining | 8.50% | |
| Copper | 8.21% | |
| Precious Metals and Minerals | 5.04% | |
| Silver | 1.36% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEM Newmont | US$41.90 | 3.3% +US$1.1b | -37.6% | PS2.9x | |
| BVN Compañía de Minas BuenaventuraA | US$7.28 | 6.9% +US$119.4m | -10.7% | PE29.2x | |
| CDE Coeur Mining | US$3.14 | 4.7% +US$46.6m | -23.0% | PS1.3x | |
| CMCL Caledonia Mining | US$13.22 | 9.0% +US$20.9m | 0.2% | PE38.7x | |
| GROY Gold Royalty | US$1.97 | 2.1% +US$5.8m | -36.5% | PS115.8x |
