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U.S. Metals and Mining Industry Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies245
  • 7D1.9%
  • 3M0.5%
  • 1Y-4.0%
  • YTD13.1%

Over the last 7 days, the Metals and Mining industry has risen 1.9%, driven by gains from Agnico Eagle Mines of 10%. In contrast, the industry has lost 4.0% in the last 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 May 2025US$464.2bUS$272.4bUS$20.2b20.4x23x1.7x
Sat, 19 Apr 2025US$423.6bUS$263.8bUS$18.0b21.1x23.6x1.6x
Mon, 17 Mar 2025US$427.3bUS$263.1bUS$17.1b22.9x25x1.6x
Wed, 12 Feb 2025US$432.1bUS$261.9bUS$11.6b21x37.4x1.6x
Fri, 10 Jan 2025US$399.5bUS$265.7bUS$12.1b15.6x33x1.5x
Sun, 08 Dec 2024US$436.2bUS$266.1bUS$12.5b18.3x35x1.6x
Tue, 05 Nov 2024US$445.4bUS$268.9bUS$11.7b15.6x38x1.7x
Thu, 03 Oct 2024US$465.0bUS$267.5bUS$11.3b14.5x41.2x1.7x
Sat, 31 Aug 2024US$440.0bUS$267.3bUS$11.4b13.8x38.6x1.6x
Mon, 29 Jul 2024US$442.8bUS$266.6bUS$12.8b13.3x34.7x1.7x
Wed, 26 Jun 2024US$435.8bUS$266.4bUS$13.0b12.9x33.6x1.6x
Fri, 24 May 2024US$459.4bUS$266.9bUS$13.0b14.8x35.3x1.7x
Sun, 21 Apr 2024US$449.4bUS$265.9bUS$15.6b13.7x28.8x1.7x
Tue, 19 Mar 2024US$416.3bUS$266.6bUS$16.0b14x26x1.6x
Thu, 15 Feb 2024US$366.4bUS$264.8bUS$18.2b16.2x20.1x1.4x
Sat, 13 Jan 2024US$394.1bUS$278.2bUS$19.4b17.1x20.3x1.4x
Mon, 11 Dec 2023US$372.2bUS$278.6bUS$19.8b15x18.8x1.3x
Wed, 08 Nov 2023US$360.9bUS$280.0bUS$20.1b13.8x17.9x1.3x
Fri, 06 Oct 2023US$338.0bUS$283.4bUS$21.9b11.9x15.4x1.2x
Sun, 03 Sep 2023US$366.9bUS$279.2bUS$21.4b12.7x17.2x1.3x
Tue, 01 Aug 2023US$383.2bUS$276.7bUS$22.1b14.1x17.3x1.4x
Thu, 29 Jun 2023US$344.1bUS$284.4bUS$26.0b12.9x13.3x1.2x
Sat, 27 May 2023US$321.0bUS$284.6bUS$26.3b12.3x12.2x1.1x
Mon, 24 Apr 2023US$359.0bUS$289.0bUS$27.8b11.2x12.9x1.2x
Wed, 22 Mar 2023US$347.4bUS$293.3bUS$31.0b9.8x11.2x1.2x
Fri, 17 Feb 2023US$372.0bUS$294.1bUS$33.2b8x11.2x1.3x
Sun, 15 Jan 2023US$377.1bUS$298.6bUS$37.9b7.5x9.9x1.3x
Tue, 13 Dec 2022US$330.9bUS$298.2bUS$38.0b6x8.7x1.1x
Thu, 10 Nov 2022US$299.0bUS$297.5bUS$37.9b6.2x7.9x1x
Sat, 08 Oct 2022US$273.9bUS$297.0bUS$44.3b6.7x6.2x0.9x
Mon, 05 Sep 2022US$280.0bUS$296.8bUS$44.5b6.5x6.3x0.9x
Wed, 03 Aug 2022US$289.0bUS$292.2bUS$42.9b8.2x6.7x1x
Fri, 01 Jul 2022US$291.5bUS$282.1bUS$42.1b8x6.9x1x
Sun, 29 May 2022US$365.7bUS$280.8bUS$41.9b8.8x8.7x1.3x
Price to Earnings Ratio

8.7x


Total Market Cap: US$365.7bTotal Earnings: US$41.9bTotal Revenue: US$280.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 20.6x202320242025
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 23.0x which is higher than its 3-year average PE of 20.6x.
  • 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 22% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market-1.15%
Materials0.63%
Metals and Mining1.86%
Gold8.53%
Silver6.18%
Precious Metals and Minerals0.15%
Steel-1.83%
Copper-2.63%
Aluminum-4.19%
Diversified Metals and Mining-5.31%
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 77% 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 4.9% 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
AEM Agnico Eagle MinesUS$115.6310.4%
+US$5.4b
70.0%PE24.6x
NEM NewmontUS$52.648.2%
+US$4.4b
24.2%PE11.7x
B Barrick MiningUS$18.826.7%
+US$2.0b
8.8%PE13.9x
AU AngloGold AshantiUS$43.238.4%
+US$1.7b
75.0%PE15.7x
RGLD Royal GoldUS$179.708.5%
+US$926.0m
37.8%PE29.7x
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Latest News

RGLD

US$179.70

Royal Gold

7D

8.5%

1Y

37.8%

STLD

US$132.21

Steel Dynamics

7D

-1.1%

1Y

-0.4%

NEM

US$52.64

Newmont

7D

8.2%

1Y

24.2%

CDE

US$7.80

Coeur Mining

7D

5.5%

1Y

42.1%

AU

US$43.23

AngloGold Ashanti

7D

8.4%

1Y

75.0%

TMC

US$4.39

TMC the metals

7D

46.8%

1Y

202.8%

MP

US$19.50

MP Materials

7D

-7.5%

1Y

11.2%

AEM

US$115.63

Agnico Eagle Mines

7D

10.4%

1Y

70.0%

AA

US$28.27

Alcoa

7D

-4.5%

1Y

-32.9%

CLF

US$7.00

Cleveland-Cliffs

7D

-7.2%

1Y

-59.2%

NUE

US$111.72

Nucor

7D

-4.6%

1Y

-34.7%