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U.S. Gold Industry Analysis

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies80
  • 7D0.2%
  • 3M17.4%
  • 1Y90.2%
  • YTDn/a

Over the last 7 days, the Gold industry has remained flat, although notably Coeur Mining declined by 22%. As for the the longer term, the industry is up 90% over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Nov 2025US$233.8bUS$45.3bUS$13.6b22.3x17.1x5.2x
Sat, 04 Oct 2025US$256.6bUS$43.1bUS$12.1b28.8x21.2x6x
Mon, 01 Sep 2025US$212.8bUS$42.4bUS$12.2b24.5x17.5x5x
Wed, 30 Jul 2025US$181.0bUS$40.3bUS$11.0b17.2x16.5x4.5x
Fri, 27 Jun 2025US$173.1bUS$39.3bUS$9.7b16x17.8x4.4x
Sun, 25 May 2025US$165.3bUS$39.3bUS$9.7b16x17x4.2x
Tue, 22 Apr 2025US$167.6bUS$36.6bUS$6.9b20.5x24.3x4.6x
Thu, 20 Mar 2025US$145.7bUS$36.6bUS$6.9b21.2x21.2x4x
Sat, 15 Feb 2025US$140.3bUS$34.3bUS$1.9b23.3x74.6x4.1x
Mon, 13 Jan 2025US$116.5bUS$33.7bUS$948.9m21x122.8x3.5x
Wed, 11 Dec 2024US$121.0bUS$33.8bUS$953.5m22.7x126.9x3.6x
Fri, 08 Nov 2024US$121.2bUS$33.7bUS$506.1m30.1x239.5x3.6x
Sun, 06 Oct 2024US$129.9bUS$30.8b-US$1,003,586,630.5525.8x-129.4x4.2x
Tue, 03 Sep 2024US$132.1bUS$30.5b-US$1,015,555,501.5126.5x-130.1x4.3x
Thu, 01 Aug 2024US$125.3bUS$29.6b-US$1,557,594,882.5625.8x-80.4x4.2x
Sat, 29 Jun 2024US$109.4bUS$27.8b-US$2,338,937,753.6132.3x-46.8x3.9x
Mon, 27 May 2024US$110.5bUS$27.8b-US$2,339,578,319.7931.3x-47.2x4x
Wed, 24 Apr 2024US$100.8bUS$26.1b-US$695,950,371.0813.5x-144.8x3.9x
Fri, 22 Mar 2024US$92.3bUS$26.1b-US$673,586,374.3012.7x-137x3.5x
Sun, 18 Feb 2024US$84.2bUS$25.2bUS$1.2b16.5x71.1x3.3x
Tue, 16 Jan 2024US$93.3bUS$27.9bUS$1.9b10.4x49.4x3.3x
Thu, 14 Dec 2023US$90.1bUS$28.1bUS$1.9b10.6x48.4x3.2x
Sat, 11 Nov 2023US$83.0bUS$28.1bUS$1.9b10.5x44x3x
Mon, 09 Oct 2023US$72.4bUS$28.0bUS$1.8b10.5x41.1x2.6x
Wed, 06 Sep 2023US$68.1bUS$23.2bUS$1.2b12.5x56.3x2.9x
Fri, 04 Aug 2023US$69.4bUS$20.5bUS$1.5b21.2x47.4x3.4x
Sun, 02 Jul 2023US$72.1bUS$20.7bUS$1.6b28.4x43.9x3.5x
Tue, 30 May 2023US$72.3bUS$20.7bUS$1.7b26.5x42.7x3.5x
Thu, 27 Apr 2023US$80.0bUS$20.9bUS$214.9m15.2x372.2x3.8x
Sat, 25 Mar 2023US$76.6bUS$21.0bUS$147.3m15.7x519.9x3.7x
Mon, 20 Feb 2023US$70.6bUS$21.2bUS$1.6b10.7x45.3x3.3x
Wed, 18 Jan 2023US$80.8bUS$20.7bUS$1.5b11.6x55.7x3.9x
Fri, 16 Dec 2022US$71.6bUS$20.7bUS$1.4b12.3x49.5x3.5x
Sun, 13 Nov 2022US$71.8bUS$20.7bUS$1.4b12.5x49.8x3.5x
Price to Earnings Ratio

49.8x


Total Market Cap: US$71.8bTotal Earnings: US$1.4bTotal Revenue: US$20.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gold Industry Price to Earnings3Y Average 32.9x202320242025
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 17.1x which is lower than its 3-year average PE of 32.9x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 112% per year over the last three years.
  • Revenues for these companies have grown 30% 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-1.58%
Materials-3.86%
Metals and Mining-3.13%
Gold0.22%
Silver-3.38%
Precious Metals and Minerals-4.19%
Copper-4.28%
Steel-5.53%
Aluminum-5.56%
Diversified Metals and Mining-11.98%
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$81.632.5%
+US$2.1b		83.5%PE12.4x
AEM Agnico Eagle MinesUS$159.681.8%
+US$1.5b		92.0%PE23.3x
AUGO Aura MineralsUS$33.8112.0%
+US$302.4m		169.0%PS4.2x
DRD DRDGOLDUS$25.063.5%
+US$73.5m		130.5%PE16.8x

Latest News

BVN
US$21.68
Compañía de Minas BuenaventuraA
7D
-2.6%
1Y
77.4%
AUGO
US$33.81
Aura Minerals
7D
12.0%
1Y
169.0%
CMCL
US$26.56
Caledonia Mining
7D
-8.5%
1Y
73.0%
MUX
US$17.40
McEwen
7D
-6.5%
1Y
91.4%
CDE
US$14.19
Coeur Mining
7D
-22.2%
1Y
140.1%
AEM
US$159.68
Agnico Eagle Mines
7D
1.8%
1Y
92.0%

Earnings Update: Agnico Eagle Mines Limited (NYSE:AEM) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Nov 02
Earnings Update: Agnico Eagle Mines Limited (NYSE:AEM) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
DRD
US$25.06
DRDGOLD
7D
3.5%
1Y
130.5%
AU
US$67.04
AngloGold Ashanti
7D
-0.4%
1Y
155.4%

AU: Strengthening Margins And Revenue Will Drive Upward Momentum In Coming Years

Analysts have raised their price target for AngloGold Ashanti from $70.50 to $88.29, citing expectations of improved profit margins and stronger revenue growth forecasts. Valuation Changes Fair Value Estimate has increased from $70.50 to $88.29, reflecting heightened expectations for AngloGold Ashanti's future performance.
RGLD
US$173.32
Royal Gold
7D
-2.0%
1Y
19.7%

RGLD: Recent Acquisitions and Higher Gold Prices Will Drive Future Upside

Analysts have increased their price target for Royal Gold from approximately $239 to $248 per share, citing recent acquisitions, strong commodity markets, and expectations for higher revenue growth as the main drivers for the upward revision. Analyst Commentary Bullish analysts have highlighted several factors driving upward revisions to Royal Gold's price target and outlook.
HYMC
US$7.38
Hycroft Mining Holding
7D
-5.6%
1Y
222.3%
GROY
US$3.39
Gold Royalty
7D
-6.9%
1Y
149.3%

GROY: Cash Flow Expansion Will Be Driven By Higher Gold Output

Analysts have slightly increased their price target for Gold Royalty, raising it by $0.10 to $4.89 per share. This adjustment is driven by expectations of higher gold prices, production growth, and ongoing improvements in free cash flow.
NEM
US$81.63
Newmont
7D
2.5%
1Y
83.5%