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U.S. Gold Industry Analysis

UpdatedAug 06, 2026
DataAggregated Company Financials
Companies77
  • 7D14.4%
  • 3M-10.2%
  • 1Y43.8%
  • YTDn/a

The Gold industry is up 14% in the last week, with Newmont up 14%. During this same period, the Blue Gold underperformed, falling 17%. This takes the industry's 12 month performance to a gain of 44%. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Aug 2026US$269.6bUS$58.3bUS$19.9b14.3x13.6x4.6x
Sat, 04 Jul 2026US$273.4bUS$56.0bUS$18.9b14.8x14.5x4.9x
Mon, 01 Jun 2026US$315.2bUS$56.0bUS$18.9b17.4x16.7x5.6x
Wed, 29 Apr 2026US$332.8bUS$52.0bUS$16.6b21.2x20.1x6.4x
Fri, 27 Mar 2026US$315.3bUS$51.4bUS$16.0b19.2x19.7x6.1x
Sun, 22 Feb 2026US$373.0bUS$50.9bUS$15.7b22.1x23.8x7.3x
Tue, 20 Jan 2026US$335.4bUS$46.4bUS$14.2b22.6x23.7x7.2x
Thu, 18 Dec 2025US$283.2bUS$46.4bUS$14.2b19.3x20x6.1x
Sat, 15 Nov 2025US$265.0bUS$46.4bUS$14.2b20.9x18.7x5.7x
Mon, 13 Oct 2025US$253.3bUS$43.1bUS$12.1b27.9x21x5.9x
Wed, 10 Sep 2025US$222.9bUS$42.4bUS$12.2b25.9x18.3x5.3x
Fri, 08 Aug 2025US$197.7bUS$42.4bUS$12.1b17.8x16.3x4.7x
Sun, 06 Jul 2025US$179.2bUS$39.3bUS$9.7b16.9x18.5x4.6x
Tue, 03 Jun 2025US$164.3bUS$39.3bUS$9.7b16.6x16.9x4.2x
Thu, 01 May 2025US$160.2bUS$38.2bUS$9.1b17.8x17.6x4.2x
Sat, 29 Mar 2025US$148.9bUS$36.6bUS$6.9b21.3x21.6x4.1x
Mon, 24 Feb 2025US$134.6bUS$36.6bUS$7.0b18.7x19.2x3.7x
Wed, 22 Jan 2025US$120.7bUS$33.7bUS$952.4m22.5x126.7x3.6x
Fri, 20 Dec 2024US$110.2bUS$33.8bUS$951.5m20x115.8x3.3x
Sun, 17 Nov 2024US$112.2bUS$33.8bUS$936.3m20.5x119.9x3.3x
Tue, 15 Oct 2024US$131.9bUS$30.8b-US$1,002,918,258.6727.2x-131.5x4.3x
Thu, 12 Sep 2024US$126.3bUS$30.5b-US$1,015,573,964.9026x-124.3x4.1x
Sat, 10 Aug 2024US$121.0bUS$30.4b-US$1,021,927,302.8231.3x-118.4x4x
Mon, 08 Jul 2024US$116.7bUS$27.8b-US$2,338,906,254.7930.7x-49.9x4.2x
Wed, 05 Jun 2024US$111.0bUS$27.8b-US$2,340,983,319.2133.8x-47.4x4x
Fri, 03 May 2024US$105.5bUS$27.8b-US$2,343,501,269.7621.9x-45x3.8x
Sun, 31 Mar 2024US$97.5bUS$26.1b-US$683,762,687.7213.1x-142.5x3.7x
Tue, 27 Feb 2024US$81.0bUS$26.0b-US$554,362,676.2816.9x-146.1x3.1x
Thu, 25 Jan 2024US$89.1bUS$27.9bUS$1.9b11.5x47.2x3.2x
Sat, 23 Dec 2023US$100.8bUS$28.1bUS$1.9b10.9x54.2x3.6x
Mon, 20 Nov 2023US$87.1bUS$28.1bUS$1.9b10.2x46.3x3.1x
Wed, 18 Oct 2023US$78.4bUS$28.0bUS$1.8b11.9x44.4x2.8x
Fri, 15 Sep 2023US$68.4bUS$23.2bUS$1.2b11.5x56.6x2.9x
Sun, 13 Aug 2023US$69.6bUS$20.4bUS$1.5b17.9x47.1x3.4x
Price to Earnings Ratio

47.1x


Total Market Cap: US$69.6bTotal Earnings: US$1.5bTotal Revenue: US$20.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gold Industry Price to Earnings3Y Average 5.6x202420252026
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 13.6x which is higher than its 3-year average PE of 5.6x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 138% per year over the last three years.
  • Revenues for these companies have grown 42% 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 Market5.51%
Materials4.95%
Metals and Mining12.76%
Gold14.37%
Precious Metals and Minerals31.07%
Diversified Metals and Mining21.80%
Silver16.99%
Copper13.51%
Aluminum10.93%
Steel6.79%
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$104.2914.2%
+US$13.6b		53.5%PE12.8x
AEM Agnico Eagle MinesUS$165.4514.6%
+US$10.6b		22.2%PE14.3x
AU AngloGold AshantiUS$88.6013.8%
+US$5.8b		52.0%PE11.9x
CDE Coeur MiningUS$17.4319.1%
+US$2.9b		76.2%PE22.6x
RGLD Royal GoldUS$215.0910.0%
+US$1.7b		33.3%PE28.8x

Latest News

RGLD
US$215.09
Royal Gold
7D
10.0%
1Y
33.3%
AUGO
US$65.76
Aura Minerals
7D
20.7%
1Y
162.0%
CDE
US$17.43
Coeur Mining
7D
19.1%
1Y
76.2%
AU
US$88.60
AngloGold Ashanti
7D
13.8%
1Y
52.0%
AEM
US$165.45
Agnico Eagle Mines
7D
14.6%
1Y
22.2%
BGL
US$0.18
Blue Gold
7D
-17.0%
1Y
-98.2%
NEM
US$104.29
Newmont
7D
14.2%
1Y
53.5%
Narrative Update • Jul 28

NEM: Higher Costs And Softer Gold Prices Will Pressure Future Cash Returns

The analyst price target for Newmont has been revised slightly lower, with the fair value estimate moving from about $85.95 to $84.11 as analysts factor in softer revenue growth assumptions, a small reduction in profit margins, updated commodity price forecasts, and the impact of buybacks on share count. Analyst Commentary Recent Street research on Newmont reflects a mix of views, with many firms adjusting price targets after updating commodity price assumptions, production expectations, and cost outlooks.
DRD
US$22.87
DRDGOLD
7D
13.4%
1Y
42.6%
HYMC
US$24.48
Hycroft Mining Holding
7D
27.8%
1Y
602.4%