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U.S. Gold Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies81
  • 7D4.8%
  • 3M6.2%
  • 1Y110.8%
  • YTDn/a

The Gold industry has gained 4.8% in the last week and Agnico Eagle Mines up 4.3%. This means that the industry has gained 111% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026US$359.6bUS$49.7bUS$15.2b24.4x23.6x7.2x
Fri, 13 Mar 2026US$358.5bUS$51.3bUS$16.0b21.9x22.3x7x
Sun, 08 Feb 2026US$338.8bUS$46.4bUS$14.2b22.4x23.9x7.3x
Tue, 06 Jan 2026US$298.4bUS$46.4bUS$14.2b19.9x21.1x6.4x
Thu, 04 Dec 2025US$270.9bUS$46.4bUS$14.1b18.8x19.1x5.8x
Sat, 01 Nov 2025US$247.8bUS$45.2bUS$13.7b23.4x18.1x5.5x
Mon, 29 Sep 2025US$250.8bUS$43.4bUS$12.1b23.4x20.7x5.8x
Wed, 27 Aug 2025US$202.8bUS$42.4bUS$12.2b23.7x16.7x4.8x
Fri, 25 Jul 2025US$182.2bUS$39.3bUS$9.7b17.7x18.7x4.6x
Sun, 22 Jun 2025US$176.1bUS$39.3bUS$9.7b16x18.1x4.5x
Tue, 20 May 2025US$183.4bUS$52.6bUS$12.0b14x15.2x3.5x
Thu, 17 Apr 2025US$167.6bUS$36.6bUS$6.9b21.1x24.3x4.6x
Sat, 15 Mar 2025US$140.1bUS$36.6bUS$7.0b16.2x19.9x3.8x
Mon, 10 Feb 2025US$134.0bUS$33.8bUS$952.6m24.3x140.7x4x
Wed, 08 Jan 2025US$111.2bUS$33.7bUS$950.3m20.4x117x3.3x
Fri, 06 Dec 2024US$118.7bUS$33.8bUS$952.3m20.1x124.7x3.5x
Sun, 03 Nov 2024US$124.3bUS$33.5bUS$371.5m22.2x334.4x3.7x
Tue, 01 Oct 2024US$133.0bUS$30.8b-US$1,002,807,798.2725.4x-132.7x4.3x
Thu, 29 Aug 2024US$132.5bUS$30.5b-US$1,015,483,853.3826.8x-130.5x4.3x
Sat, 27 Jul 2024US$118.7bUS$29.5b-US$1,654,222,947.2432.7x-71.7x4x
Mon, 24 Jun 2024US$109.1bUS$27.8b-US$2,337,973,513.9928.9x-46.7x3.9x
Wed, 22 May 2024US$116.3bUS$27.8b-US$2,338,234,664.4831.2x-49.7x4.2x
Fri, 19 Apr 2024US$102.8bUS$26.1b-US$696,704,671.1613.4x-147.6x3.9x
Sun, 17 Mar 2024US$92.2bUS$26.0b-US$399,893,951.3814.3x-230.5x3.5x
Tue, 13 Feb 2024US$84.4bUS$24.8bUS$1.7b16.7x48.3x3.4x
Thu, 11 Jan 2024US$94.6bUS$27.9bUS$1.9b10.7x50.1x3.4x
Sat, 09 Dec 2023US$94.5bUS$28.1bUS$1.9b10.8x50.8x3.4x
Mon, 06 Nov 2023US$77.5bUS$28.1bUS$1.8b11.1x42.6x2.8x
Wed, 04 Oct 2023US$70.7bUS$28.0bUS$1.8b10.3x40.2x2.5x
Fri, 01 Sep 2023US$68.7bUS$20.4bUS$1.5b13x45.9x3.4x
Sun, 30 Jul 2023US$72.6bUS$20.5bUS$1.5b20.7x49.1x3.5x
Tue, 27 Jun 2023US$71.7bUS$20.7bUS$1.6b29x43.7x3.5x
Thu, 25 May 2023US$73.0bUS$20.7bUS$1.7b28.1x43.1x3.5x
Sat, 22 Apr 2023US$80.5bUS$20.9bUS$220.2m15.5x365.3x3.8x
Price to Earnings Ratio

365.3x


Total Market Cap: US$80.5bTotal Earnings: US$220.2mTotal Revenue: US$20.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gold Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 12.9x.
  • The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 311% per year over the last three years.
  • Revenues for these companies have grown 33% 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 Market4.25%
Materials5.14%
Metals and Mining7.22%
Gold4.81%
Copper11.26%
Steel8.10%
Diversified Metals and Mining6.35%
Aluminum4.37%
Silver0.81%
Precious Metals and Minerals-5.43%
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
AEM Agnico Eagle MinesUS$217.384.3%
+US$4.4b		83.6%PE24.4x
NEM NewmontUS$116.503.3%
+US$3.9b		112.6%PE17.6x
AU AngloGold AshantiUS$109.127.5%
+US$3.9b		156.3%PE20.9x
CDE Coeur MiningUS$20.319.3%
+US$1.8b		234.6%PE35.9x
AUGO Aura MineralsUS$103.9616.8%
+US$1.2b		453.9%PS9.4x

Latest News

AEM
US$219.94
Agnico Eagle Mines
7D
4.9%
1Y
82.4%
CDE
US$21.17
Coeur Mining
7D
11.4%
1Y
247.0%

Coeur Mining: The Market Is Still Pricing The Old CDE

Apr 11
RGLD
US$271.52
Royal Gold
7D
4.1%
1Y
46.8%
CTGO
US$25.72
Contango Silver & Gold
7D
32.6%
1Y
84.1%

Bullish View Sees FAST 41 Permitting And Manh Choh Cash Flows Transforming Outlook

Catalysts About Contango Silver & Gold Contango Silver & Gold is a precious metals company with a 30% interest in the Manh Choh gold project and a portfolio of advanced and exploration stage assets, including Lucky Shot, Johnson Tract and Kitsault. What are the underlying business or industry changes driving this perspective?
NEM
US$119.30
Newmont
7D
4.1%
1Y
118.6%

NEM: Higher Gold Price Hopes And New CEO Agenda Will Strain Expectations

Narrative Update: Newmont The analyst price target for Newmont has been cut by about $2.80 to $89.56 as analysts balance a higher discount rate and softer revenue growth expectations with stronger projected profit margins and a lower future P/E, informed by recent mixed price target revisions across the Street. Analyst Commentary Recent research on Newmont reflects a wide range of price targets, with some firms setting figures well above US$150 and others trimming estimates.
NAMM
US$2.11
Namib Minerals
7D
-5.4%
1Y
-80.2%
HYMC
US$41.70
Hycroft Mining Holding
7D
14.0%
1Y
1,215.5%
AUGO
US$108.65
Aura Minerals
7D
22.4%
1Y
478.8%
AU
US$109.80
AngloGold Ashanti
7D
8.6%
1Y
150.5%

AU: New Arthur Project And Dividend Stream Will Support Future Upside

Analysts now place AngloGold Ashanti's fair value at $121.86, up from $98. This reflects updated assumptions around revenue growth, profit margins, a slightly adjusted discount rate, and a lower future P/E multiple.