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U.S. Metals and Mining Industry Analysis
UpdatedMay 12, 2025
DataAggregated Company Financials
Companies246
- 7D1.8%
- 3M2.5%
- 1Y-4.2%
- YTD13.4%
In the last week, the Metals and Mining industry is up 1.2%, with Agnico Eagle Mines leading the way with a 5.6% gain. In the same time, Nucor was down 6.3%. However, the industry is down 3.8% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the U.S. Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 12 May 2025 | US$431.5b | US$259.1b | US$17.9b | 20.6x | 24.1x | 1.7x |
| Wed, 09 Apr 2025 | US$376.0b | US$262.9b | US$16.8b | 17.8x | 22.3x | 1.4x |
| Fri, 07 Mar 2025 | US$414.6b | US$263.3b | US$17.2b | 21.4x | 24.1x | 1.6x |
| Sun, 02 Feb 2025 | US$406.0b | US$261.8b | US$11.5b | 18.7x | 35.3x | 1.6x |
| Tue, 31 Dec 2024 | US$390.3b | US$265.9b | US$12.5b | 15.3x | 31.2x | 1.5x |
| Thu, 28 Nov 2024 | US$441.2b | US$266.1b | US$12.4b | 19.1x | 35.5x | 1.7x |
| Sat, 26 Oct 2024 | US$459.1b | US$269.1b | US$11.3b | 15.4x | 40.8x | 1.7x |
| Mon, 23 Sep 2024 | US$444.2b | US$267.4b | US$11.3b | 13.6x | 39.2x | 1.7x |
| Wed, 21 Aug 2024 | US$439.9b | US$267.2b | US$11.5b | 13.4x | 38.3x | 1.6x |
| Fri, 19 Jul 2024 | US$458.5b | US$266.2b | US$12.5b | 14.1x | 36.7x | 1.7x |
| Sun, 16 Jun 2024 | US$424.9b | US$266.6b | US$13.1b | 14.1x | 32.6x | 1.6x |
| Tue, 14 May 2024 | US$461.1b | US$266.9b | US$13.0b | 13.4x | 35.3x | 1.7x |
| Thu, 11 Apr 2024 | US$463.1b | US$266.2b | US$15.7b | 14.3x | 29.6x | 1.7x |
| Sat, 09 Mar 2024 | US$399.0b | US$266.7b | US$16.0b | 13.9x | 25x | 1.5x |
| Mon, 05 Feb 2024 | US$389.2b | US$276.0b | US$18.2b | 16.2x | 21.4x | 1.4x |
| Wed, 03 Jan 2024 | US$407.7b | US$278.4b | US$19.5b | 17.8x | 20.9x | 1.5x |
| Fri, 01 Dec 2023 | US$376.5b | US$283.4b | US$20.1b | 14.9x | 18.8x | 1.3x |
| Sun, 29 Oct 2023 | US$305.7b | US$268.2b | US$22.2b | 11.6x | 13.8x | 1.1x |
| Tue, 26 Sep 2023 | US$347.0b | US$279.0b | US$21.3b | 12.2x | 16.3x | 1.2x |
| Thu, 24 Aug 2023 | US$356.4b | US$276.5b | US$21.7b | 13.7x | 16.4x | 1.3x |
| Sat, 22 Jul 2023 | US$362.9b | US$281.8b | US$24.0b | 13.5x | 15.1x | 1.3x |
| Mon, 19 Jun 2023 | US$347.8b | US$285.0b | US$26.3b | 12.4x | 13.2x | 1.2x |
| Wed, 17 May 2023 | US$330.6b | US$284.8b | US$26.3b | 11.7x | 12.6x | 1.2x |
| Fri, 14 Apr 2023 | US$373.0b | US$293.4b | US$30.7b | 11.5x | 12.1x | 1.3x |
| Sun, 12 Mar 2023 | US$348.2b | US$293.2b | US$31.0b | 8.6x | 11.2x | 1.2x |
| Tue, 07 Feb 2023 | US$373.0b | US$295.5b | US$35.5b | 7.8x | 10.5x | 1.3x |
| Thu, 05 Jan 2023 | US$334.7b | US$298.2b | US$37.9b | 6.5x | 8.8x | 1.1x |
| Sat, 03 Dec 2022 | US$343.6b | US$298.1b | US$38.0b | 6x | 9x | 1.2x |
| Mon, 31 Oct 2022 | US$293.4b | US$297.1b | US$38.7b | 6.8x | 7.6x | 1x |
| Wed, 28 Sep 2022 | US$254.0b | US$296.2b | US$44.4b | 6.3x | 5.7x | 0.9x |
| Fri, 26 Aug 2022 | US$305.8b | US$296.8b | US$44.5b | 7.2x | 6.9x | 1x |
| Sun, 24 Jul 2022 | US$282.5b | US$288.5b | US$43.5b | 7.4x | 6.5x | 1x |
| Tue, 21 Jun 2022 | US$314.9b | US$281.4b | US$42.2b | 8.6x | 7.5x | 1.1x |
| Thu, 19 May 2022 | US$342.1b | US$280.5b | US$41.9b | 8.3x | 8.2x | 1.2x |
Price to Earnings Ratio
8.2x
Current Industry PE
- Investors are optimistic on the American Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.1x which is higher than its 3-year average PE of 20.5x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 25% per year over the last three years,
- Revenues have also declined 2.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Materials industry?
| US Market | 0.30% | |
| Materials | 0.64% | |
| Metals and Mining | 1.78% | |
| Silver | 7.70% | |
| Gold | 6.58% | |
| Aluminum | 1.01% | |
| Copper | 0.87% | |
| Steel | -2.95% | |
| Diversified Metals and Mining | -5.42% | |
| Precious Metals and Minerals | -11.83% | |
Industry PE
- Investors are most optimistic about the Silver industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 24.6% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings growth rate of 2.5% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 3.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AEM Agnico Eagle Mines | US$117.32 | 5.6% +US$3.1b | 71.5% | PE25x | |
| NEM Newmont | US$53.98 | 4.8% +US$2.7b | 27.0% | PE12x | |
| AU AngloGold Ashanti | US$44.80 | 11.5% +US$2.4b | 83.8% | PE16.3x | |
| CDE Coeur Mining | US$7.84 | 43.9% +US$1.5b | 51.1% | PE41.3x | |
| SCCO Southern Copper | US$89.38 | 0.9% +US$667.4m | -23.8% | PE20x |
