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U.S. Metals and Mining Industry Analysis

UpdatedMay 15, 2026
DataAggregated Company Financials
Companies267
  • 7D3.4%
  • 3M-1.3%
  • 1Y100.8%
  • YTD20.6%

In the last week, the Metals and Mining industry is up 3.4%, with Southern Copper leading the way, up 6.0%. In the same time, MP Materials was down 13%. This means that the industry has gained 101% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.S. Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 May 2026US$841.7bUS$269.1bUS$32.4b21x26x3.1x
Mon, 13 Apr 2026US$830.6bUS$255.7bUS$25.6b22.8x32.5x3.2x
Wed, 11 Mar 2026US$806.6bUS$255.2bUS$25.7b22.3x31.4x3.2x
Fri, 06 Feb 2026US$809.7bUS$250.8bUS$23.7b26.3x34.2x3.2x
Sun, 04 Jan 2026US$677.0bUS$248.5bUS$22.5b24.8x30x2.7x
Tue, 02 Dec 2025US$623.7bUS$248.3bUS$22.6b22.3x27.6x2.5x
Thu, 30 Oct 2025US$580.9bUS$245.4bUS$21.6b28x26.9x2.4x
Sat, 27 Sep 2025US$556.8bUS$244.9bUS$20.3b23.8x27.4x2.3x
Mon, 25 Aug 2025US$507.8bUS$244.5bUS$20.3b23.3x25x2.1x
Wed, 23 Jul 2025US$482.0bUS$241.0bUS$17.6b23.2x27.5x2x
Fri, 20 Jun 2025US$452.8bUS$243.9bUS$17.8b21.6x25.5x1.9x
Sun, 18 May 2025US$453.9bUS$272.4bUS$20.2b20.5x22.5x1.7x
Tue, 15 Apr 2025US$418.7bUS$263.0bUS$17.2b21.4x24.4x1.6x
Thu, 13 Mar 2025US$406.7bUS$263.1bUS$17.2b21.7x23.6x1.5x
Sat, 08 Feb 2025US$421.1bUS$261.9bUS$11.5b19.1x36.6x1.6x
Mon, 06 Jan 2025US$388.9bUS$265.8bUS$12.5b15.2x31.1x1.5x
Wed, 04 Dec 2024US$440.8bUS$266.1bUS$12.5b19.2x35.4x1.7x
Fri, 01 Nov 2024US$444.1bUS$269.6bUS$11.7b15.3x37.9x1.6x
Sun, 29 Sep 2024US$472.0bUS$267.6bUS$11.3b14x41.8x1.8x
Tue, 27 Aug 2024US$443.8bUS$267.2bUS$11.4b13.7x38.8x1.7x
Thu, 25 Jul 2024US$445.3bUS$265.2bUS$12.2b12.7x36.6x1.7x
Sat, 22 Jun 2024US$435.7bUS$266.4bUS$13.0b13x33.6x1.6x
Mon, 20 May 2024US$474.1bUS$267.0bUS$13.0b14.5x36.4x1.8x
Wed, 17 Apr 2024US$451.5bUS$266.0bUS$15.6b13.9x28.9x1.7x
Fri, 15 Mar 2024US$410.7bUS$266.6bUS$16.0b14x25.6x1.5x
Sun, 11 Feb 2024US$377.2bUS$264.8bUS$18.2b16.3x20.7x1.4x
Tue, 09 Jan 2024US$401.5bUS$278.3bUS$19.4b17.5x20.7x1.4x
Thu, 07 Dec 2023US$368.4bUS$278.7bUS$19.8b14.8x18.6x1.3x
Sat, 04 Nov 2023US$348.3bUS$280.1bUS$20.1b13.6x17.3x1.2x
Mon, 02 Oct 2023US$350.8bUS$283.6bUS$21.9b11.7x16x1.2x
Wed, 30 Aug 2023US$362.1bUS$276.5bUS$21.7b14.2x16.7x1.3x
Fri, 28 Jul 2023US$375.8bUS$278.9bUS$22.8b13.9x16.5x1.3x
Sun, 25 Jun 2023US$339.3bUS$284.6bUS$26.0b12.2x13.1x1.2x
Tue, 23 May 2023US$331.4bUS$284.7bUS$26.3b11.4x12.6x1.2x
Price to Earnings Ratio

12.6x


Total Market Cap: US$331.4bTotal Earnings: US$26.3bTotal Revenue: US$284.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 27x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.0x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 7.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.S. Materials industry?

US Market1.15%
Materials1.24%
Metals and Mining3.38%
Silver7.64%
Copper7.18%
Aluminum3.39%
Gold2.60%
Steel0.95%
Diversified Metals and Mining-3.13%
Precious Metals and Minerals-13.96%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts expect its future annual earnings growth (23.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 87% per year.
  • In contrast, the Copper industry is expected to see its earnings grow by 8.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FCX Freeport-McMoRanUS$63.012.2%
+US$2.0b		65.7%PE33.2x
MTRN MaterionUS$205.022.8%
+US$117.5m		157.7%PE55.7x
NEXA Nexa ResourcesUS$14.853.6%
+US$68.9m		185.6%PE9.4x
CMP Compass Minerals InternationalUS$29.355.1%
+US$59.6m		53.0%PE173.4x
CMC Commercial MetalsUS$71.250.4%
+US$32.2m		48.3%PE15.6x

Latest News

CDE
US$17.61
Coeur Mining
7D
-5.1%
1Y
136.1%
Analysis Article • 12h

Coeur Mining's (NYSE:CDE) Solid Profits Have Weak Fundamentals

Coeur Mining, Inc.'s ( NYSE:CDE ) stock was strong after they recently reported robust earnings. However, our analysis...
NEXA
US$14.85
Nexa Resources
7D
3.6%
1Y
185.6%
CMC
US$71.25
Commercial Metals
7D
0.4%
1Y
48.3%
MP
US$61.27
MP Materials
7D
-9.1%
1Y
187.5%
STLD
US$229.34
Steel Dynamics
7D
-2.5%
1Y
70.2%
FEAM
US$1.94
5E Advanced Materials
7D
21.3%
1Y
-54.4%
NEM
US$109.06
Newmont
7D
-6.4%
1Y
117.7%
MTRN
US$205.02
Materion
7D
2.8%
1Y
157.7%
AU
US$92.24
AngloGold Ashanti
7D
-13.8%
1Y
126.4%
RGLD
US$228.32
Royal Gold
7D
-4.4%
1Y
33.4%
FCX
US$63.01
Freeport-McMoRan
7D
2.2%
1Y
65.7%
AEM
US$180.33
Agnico Eagle Mines
7D
-6.7%
1Y
69.4%
CMP
US$29.35
Compass Minerals International
7D
5.1%
1Y
53.0%
SCCO
US$176.78
Southern Copper
7D
-3.6%
1Y
102.0%
SXC
US$7.62
SunCoke Energy
7D
4.1%
1Y
-13.0%
Analysis Article • May 05

SunCoke Energy, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Investors in SunCoke Energy, Inc. ( NYSE:SXC ) had a good week, as its shares rose 4.9% to close at US$6.90 following...
HLP
US$1.03
Hongli Group
7D
25.3%
1Y
-31.8%