Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Metals and Mining Industry Analysis

UpdatedJul 16, 2025
DataAggregated Company Financials
Companies249
  • 7D-0.7%
  • 3M13.7%
  • 1Y3.8%
  • YTD24.8%

Last week, the Metals and Mining industry hasn't moved much but MP Materials is up 56% in that time. The past year has been better, since the industry has gained 6.7% in that time. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Jul 2025US$476.4bUS$241.1bUS$18.0b22.1x26.4x2x
Fri, 13 Jun 2025US$452.3bUS$259.2bUS$17.9b21.5x25.3x1.7x
Sun, 11 May 2025US$431.5bUS$259.1bUS$17.9b20.6x24.1x1.7x
Tue, 08 Apr 2025US$370.7bUS$262.9bUS$16.8b18.7x22x1.4x
Thu, 06 Mar 2025US$398.0bUS$263.3bUS$17.2b21.3x23.1x1.5x
Sat, 01 Feb 2025US$411.2bUS$261.8bUS$11.5b18.7x35.7x1.6x
Mon, 30 Dec 2024US$390.3bUS$265.9bUS$12.5b15.4x31.2x1.5x
Wed, 27 Nov 2024US$444.9bUS$266.1bUS$12.4b18.9x35.8x1.7x
Fri, 25 Oct 2024US$469.8bUS$269.1bUS$11.3b15.5x41.7x1.7x
Sun, 22 Sep 2024US$444.2bUS$267.4bUS$11.3b13.6x39.2x1.7x
Tue, 20 Aug 2024US$435.9bUS$267.2bUS$11.5b13.6x37.9x1.6x
Thu, 18 Jul 2024US$466.1bUS$266.5bUS$12.8b14.4x36.5x1.7x
Sat, 15 Jun 2024US$425.5bUS$266.6bUS$13.0b14.1x32.7x1.6x
Mon, 13 May 2024US$459.1bUS$266.8bUS$13.0b13.4x35.2x1.7x
Wed, 10 Apr 2024US$456.6bUS$266.3bUS$15.7b14.4x29.2x1.7x
Fri, 08 Mar 2024US$398.5bUS$266.6bUS$16.0b14.5x25x1.5x
Sun, 04 Feb 2024US$389.2bUS$276.5bUS$18.6b16.2x20.9x1.4x
Tue, 02 Jan 2024US$411.8bUS$278.5bUS$19.5b17.7x21.1x1.5x
Thu, 30 Nov 2023US$375.9bUS$280.1bUS$19.9b15x18.8x1.3x
Sat, 28 Oct 2023US$305.7bUS$268.2bUS$22.2b11.6x13.8x1.1x
Mon, 25 Sep 2023US$346.3bUS$279.1bUS$21.3b12.2x16.2x1.2x
Wed, 23 Aug 2023US$353.2bUS$276.4bUS$21.7b13.8x16.3x1.3x
Fri, 21 Jul 2023US$365.7bUS$282.2bUS$24.2b13.5x15.1x1.3x
Sun, 18 Jun 2023US$347.8bUS$285.0bUS$26.3b12.4x13.2x1.2x
Tue, 16 May 2023US$339.8bUS$284.8bUS$26.4b11.8x12.9x1.2x
Thu, 13 Apr 2023US$364.3bUS$293.3bUS$30.7b11.4x11.9x1.2x
Sat, 11 Mar 2023US$348.2bUS$293.3bUS$31.0b8.6x11.2x1.2x
Mon, 06 Feb 2023US$380.3bUS$295.6bUS$35.5b7.8x10.7x1.3x
Wed, 04 Jan 2023US$324.9bUS$298.2bUS$37.9b6.6x8.6x1.1x
Fri, 02 Dec 2022US$338.2bUS$298.2bUS$38.0b6.1x8.9x1.1x
Sun, 30 Oct 2022US$294.9bUS$297.1bUS$38.7b6.8x7.6x1x
Tue, 27 Sep 2022US$250.8bUS$296.3bUS$44.4b6.2x5.7x0.8x
Thu, 25 Aug 2022US$302.5bUS$296.8bUS$44.5b7.1x6.8x1x
Sat, 23 Jul 2022US$291.2bUS$284.4bUS$42.8b7.5x6.8x1x
Price to Earnings Ratio

6.8x


Total Market Cap: US$291.2bTotal Earnings: US$42.8bTotal Revenue: US$284.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 21.5x202320242025
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 26.6x which is higher than its 3-year average PE of 21.5x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.0x.
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 5.4% 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 Market0.15%
Materials-1.77%
Metals and Mining-0.74%
Diversified Metals and Mining31.67%
Silver9.49%
Gold0.56%
Steel-1.11%
Precious Metals and Minerals-3.71%
Aluminum-3.73%
Copper-4.97%
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 17.0% 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 61% 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 5.9% 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
MP MP MaterialsUS$58.2286.7%
+US$4.4b		281.0%PS44.1x
AEM Agnico Eagle MinesUS$119.062.5%
+US$1.5b		55.7%PE25.3x
AU AngloGold AshantiUS$47.465.0%
+US$1.1b		59.2%PE17.2x
USAR USA Rare EarthUS$15.5457.9%
+US$539.8m		46.3%PE48x
METC Ramaco ResourcesUS$21.9468.8%
+US$489.1m		45.3%PS1.9x

Latest News

NEM
US$57.35
Newmont
7D
-0.5%
1Y
18.7%
SCCO
US$97.55
Southern Copper
7D
-5.3%
1Y
-10.2%

Southern Copper (NYSE:SCCO) Is Investing Its Capital With Increasing Efficiency

Jul 13
Southern Copper (NYSE:SCCO) Is Investing Its Capital With Increasing Efficiency
MP
US$58.22
MP Materials
7D
86.7%
1Y
281.0%
FCX
US$44.12
Freeport-McMoRan
7D
-4.6%
1Y
-11.9%
USAR
US$15.54
USA Rare Earth
7D
57.9%
1Y
46.3%
RS
US$322.00
Reliance
7D
-1.7%
1Y
4.7%
BGL
US$20.49
Blue Gold
7D
-62.3%
1Y
80.1%
CDE
US$9.15
Coeur Mining
7D
3.5%
1Y
34.8%
METC
US$21.94
Ramaco Resources
7D
68.8%
1Y
45.3%
AA
US$28.49
Alcoa
7D
-6.6%
1Y
-26.3%
TMC
US$7.57
TMC the metals
7D
15.4%
1Y
418.5%
NUE
US$138.38
Nucor
7D
-1.0%
1Y
-16.7%
AU
US$47.46
AngloGold Ashanti
7D
5.0%
1Y
59.2%

AngloGold Ashanti: Jurisdiction Risk Is The Name Of The Game

Jun 30
STLD
US$128.86
Steel Dynamics
7D
-5.3%
1Y
-2.9%
AEM
US$119.06
Agnico Eagle Mines
7D
2.5%
1Y
55.7%

Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40

Jun 18
Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40
HL
US$6.11
Hecla Mining
7D
9.3%
1Y
-3.0%

Optimistic Investors Push Hecla Mining Company (NYSE:HL) Shares Up 25% But Growth Is Lacking

Jun 14
Optimistic Investors Push Hecla Mining Company (NYSE:HL) Shares Up 25% But Growth Is Lacking