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U.S. Metals and Mining Industry Analysis

UpdatedJun 16, 2025
DataAggregated Company Financials
Companies242
  • 7D1.3%
  • 3M8.4%
  • 1Y11.7%
  • YTD21.9%

In the last week, the Metals and Mining industry is up 1.3%, with Newmont up 8.7%. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Jun 2025US$464.3bUS$259.2bUS$17.8b21.2x26x1.8x
Wed, 14 May 2025US$458.1bUS$272.4bUS$20.2b20.8x22.7x1.7x
Fri, 11 Apr 2025US$404.9bUS$262.9bUS$17.2b19.5x23.6x1.5x
Sun, 09 Mar 2025US$411.6bUS$263.3bUS$17.2b21.2x23.9x1.6x
Tue, 04 Feb 2025US$406.0bUS$261.8bUS$11.5b18.8x35.2x1.6x
Thu, 02 Jan 2025US$386.3bUS$265.8bUS$12.5b15x30.9x1.5x
Sat, 30 Nov 2024US$443.8bUS$266.1bUS$12.5b18.7x35.6x1.7x
Mon, 28 Oct 2024US$456.9bUS$269.1bUS$11.3b15.4x40.6x1.7x
Wed, 25 Sep 2024US$447.9bUS$267.4bUS$11.3b14x39.6x1.7x
Fri, 23 Aug 2024US$442.3bUS$267.2bUS$11.5b13.3x38.6x1.7x
Sun, 21 Jul 2024US$443.8bUS$266.1bUS$12.5b13.9x35.5x1.7x
Tue, 18 Jun 2024US$424.9bUS$266.6bUS$13.1b14.1x32.6x1.6x
Thu, 16 May 2024US$466.9bUS$266.9bUS$13.0b13.7x35.8x1.7x
Sat, 13 Apr 2024US$460.3bUS$266.1bUS$15.6b14x29.4x1.7x
Mon, 11 Mar 2024US$399.0bUS$266.7bUS$16.0b13.9x25x1.5x
Wed, 07 Feb 2024US$381.4bUS$264.8bUS$18.3b16.2x20.9x1.4x
Fri, 05 Jan 2024US$400.7bUS$278.4bUS$19.5b17.2x20.6x1.4x
Sun, 03 Dec 2023US$390.1bUS$283.5bUS$20.1b15.5x19.4x1.4x
Tue, 31 Oct 2023US$337.4bUS$279.3bUS$21.3b11.6x15.8x1.2x
Thu, 28 Sep 2023US$347.4bUS$283.7bUS$21.9b12.3x15.9x1.2x
Sat, 26 Aug 2023US$349.2bUS$276.4bUS$21.7b13.5x16.1x1.3x
Mon, 24 Jul 2023US$362.9bUS$281.8bUS$24.0b13.5x15.1x1.3x
Wed, 21 Jun 2023US$343.1bUS$284.9bUS$26.3b12.3x13.1x1.2x
Fri, 19 May 2023US$332.2bUS$284.7bUS$26.3b11.8x12.6x1.2x
Sun, 16 Apr 2023US$370.0bUS$293.3bUS$30.8b11.4x12x1.3x
Tue, 14 Mar 2023US$348.7bUS$293.2bUS$31.0b8.3x11.2x1.2x
Thu, 09 Feb 2023US$370.8bUS$295.6bUS$35.5b7.7x10.5x1.3x
Sat, 07 Jan 2023US$350.8bUS$298.1bUS$37.8b7.6x9.3x1.2x
Mon, 05 Dec 2022US$343.6bUS$298.2bUS$38.0b6.3x9x1.2x
Wed, 02 Nov 2022US$298.2bUS$297.2bUS$38.7b6.3x7.7x1x
Fri, 30 Sep 2022US$261.1bUS$296.4bUS$44.4b6.2x5.9x0.9x
Sun, 28 Aug 2022US$305.1bUS$296.8bUS$44.5b7.2x6.9x1x
Tue, 26 Jul 2022US$282.9bUS$288.5bUS$43.5b7.2x6.5x1x
Thu, 23 Jun 2022US$305.9bUS$281.5bUS$42.2b8.3x7.3x1.1x
Price to Earnings Ratio

7.3x


Total Market Cap: US$305.9bTotal Earnings: US$42.2bTotal Revenue: US$281.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 21x202320242025
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 26.0x which is higher than its 3-year average PE of 21.0x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
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 2.7% 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-0.56%
Materials-1.09%
Metals and Mining1.31%
Gold6.41%
Diversified Metals and Mining2.47%
Aluminum-0.64%
Steel-0.93%
Copper-2.70%
Silver-3.27%
Precious Metals and Minerals-8.17%
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 20.4% 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 72% 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 4.1% 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
NEM NewmontUS$57.908.7%
+US$5.1b		41.5%PE12.8x
AEM Agnico Eagle MinesUS$124.465.0%
+US$3.0b		93.7%PE26.5x
AU AngloGold AshantiUS$50.849.6%
+US$2.2b		124.3%PE18.5x
MP MP MaterialsUS$30.5510.3%
+US$467.5m		129.2%PS23.1x
RGLD Royal GoldUS$182.293.1%
+US$363.3m		50.2%PE30.1x
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