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U.S. Metals and Mining Industry Analysis

UpdatedJul 29, 2025
DataAggregated Company Financials
Companies244
  • 7D-0.3%
  • 3M14.7%
  • 1Y13.8%
  • YTD28.6%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably Newmont gained 6.3%. The past year has been better, since the industry has gained 14% in that time. 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
Tue, 29 Jul 2025US$488.2bUS$243.0bUS$18.6b21.8x26.2x2x
Thu, 26 Jun 2025US$452.7bUS$243.9bUS$17.7b21.3x25.5x1.9x
Sat, 24 May 2025US$471.6bUS$272.4bUS$20.2b20x23.4x1.7x
Mon, 21 Apr 2025US$423.2bUS$263.8bUS$18.0b21.1x23.6x1.6x
Wed, 19 Mar 2025US$432.4bUS$263.1bUS$17.1b23.9x25.3x1.6x
Fri, 14 Feb 2025US$425.9bUS$262.5bUS$12.0b21.4x35.6x1.6x
Sun, 12 Jan 2025US$397.8bUS$265.6bUS$12.1b15.6x32.8x1.5x
Tue, 10 Dec 2024US$436.1bUS$266.1bUS$12.5b19.1x35x1.6x
Thu, 07 Nov 2024US$454.6bUS$266.9bUS$12.0b18.8x37.9x1.7x
Sat, 05 Oct 2024US$461.6bUS$267.5bUS$11.3b14.1x40.9x1.7x
Mon, 02 Sep 2024US$440.8bUS$267.3bUS$11.4b13.8x38.7x1.6x
Wed, 31 Jul 2024US$440.5bUS$266.5bUS$12.8b12.6x34.4x1.7x
Fri, 28 Jun 2024US$431.7bUS$266.3bUS$13.0b13x33.3x1.6x
Sun, 26 May 2024US$459.5bUS$266.9bUS$13.0b14.8x35.3x1.7x
Tue, 23 Apr 2024US$449.4bUS$265.9bUS$15.6b13.7x28.8x1.7x
Thu, 21 Mar 2024US$413.8bUS$266.7bUS$15.7b14.1x26.3x1.6x
Sat, 17 Feb 2024US$383.9bUS$264.4bUS$17.8b16.1x21.6x1.5x
Mon, 15 Jan 2024US$394.1bUS$278.2bUS$19.4b17.1x20.3x1.4x
Wed, 13 Dec 2023US$367.2bUS$278.7bUS$19.8b15x18.6x1.3x
Fri, 10 Nov 2023US$347.3bUS$279.8bUS$20.0b13.5x17.4x1.2x
Sun, 08 Oct 2023US$345.4bUS$283.5bUS$21.9b11.3x15.8x1.2x
Tue, 05 Sep 2023US$366.9bUS$279.2bUS$21.4b12.7x17.2x1.3x
Thu, 03 Aug 2023US$367.8bUS$278.5bUS$22.7b14.1x16.2x1.3x
Sat, 01 Jul 2023US$352.0bUS$284.1bUS$26.0b13x13.5x1.2x
Mon, 29 May 2023US$322.0bUS$284.6bUS$26.3b13.1x12.2x1.1x
Wed, 26 Apr 2023US$349.1bUS$288.3bUS$26.9b11.3x13x1.2x
Fri, 24 Mar 2023US$345.3bUS$293.1bUS$31.0b9.8x11.1x1.2x
Sun, 19 Feb 2023US$365.6bUS$294.3bUS$33.2b8.1x11x1.2x
Tue, 17 Jan 2023US$377.1bUS$298.6bUS$37.9b7.5x9.9x1.3x
Thu, 15 Dec 2022US$333.4bUS$298.3bUS$38.0b6.6x8.8x1.1x
Sat, 12 Nov 2022US$324.3bUS$297.7bUS$37.9b6.3x8.6x1.1x
Mon, 10 Oct 2022US$273.9bUS$297.0bUS$44.3b6.7x6.2x0.9x
Wed, 07 Sep 2022US$280.4bUS$296.7bUS$44.5b6.5x6.3x0.9x
Fri, 05 Aug 2022US$289.4bUS$293.4bUS$43.8b8.4x6.6x1x
Price to Earnings Ratio

6.6x


Total Market Cap: US$289.4bTotal Earnings: US$43.8bTotal Revenue: US$293.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 21.8x202320242025
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 26.2x which is higher than its 3-year average PE of 21.8x.
  • 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 6.1% 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 Market1.54%
Materials0.34%
Metals and Mining-0.27%
Diversified Metals and Mining2.55%
Gold1.85%
Precious Metals and Minerals-0.024%
Aluminum-1.25%
Silver-1.56%
Steel-1.86%
Copper-1.92%
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 33.2% 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 59% 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 5.2% 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$63.666.3%
+US$4.0b		34.6%PE11.2x
MP MP MaterialsUS$64.118.6%
+US$903.1m		377.4%PS52.6x
NUE NucorUS$144.521.7%
+US$546.9m		-9.3%PE25x
AEM Agnico Eagle MinesUS$123.740.9%
+US$537.8m		66.0%PE26.3x
CLF Cleveland-CliffsUS$11.265.6%
+US$297.2m		-26.2%PS0.3x

Latest News

NUE
US$144.52
Nucor
7D
1.7%
1Y
-9.3%
MSB
US$32.20
Mesabi Trust
7D
21.7%
1Y
83.6%
SCCO
US$97.11
Southern Copper
7D
-1.0%
1Y
-3.8%
STLD
US$130.23
Steel Dynamics
7D
-3.2%
1Y
-0.2%
NEM
US$63.66
Newmont
7D
6.3%
1Y
34.6%
RS
US$300.10
Reliance
7D
-11.5%
1Y
-1.0%
CLF
US$11.26
Cleveland-Cliffs
7D
5.6%
1Y
-26.2%
FCX
US$43.79
Freeport-McMoRan
7D
-3.1%
1Y
-1.3%
TX
US$31.75
Ternium
7D
1.8%
1Y
-11.6%

Here's Why Ternium (NYSE:TX) Can Manage Its Debt Responsibly

Jul 23
Here's Why Ternium (NYSE:TX) Can Manage Its Debt Responsibly
AU
US$49.51
AngloGold Ashanti
7D
-2.2%
1Y
82.4%
MP
US$64.11
MP Materials
7D
8.6%
1Y
377.4%
AEM
US$123.74
Agnico Eagle Mines
7D
0.9%
1Y
66.0%

Investors Appear Satisfied With Agnico Eagle Mines Limited's (NYSE:AEM) Prospects

Jul 17
Investors Appear Satisfied With Agnico Eagle Mines Limited's (NYSE:AEM) Prospects
TMC
US$7.45
TMC the metals
7D
5.5%
1Y
559.3%
RGLD
US$151.93
Royal Gold
7D
-3.5%
1Y
12.0%

Royal Gold's Acquisitions Are Not As Dilutive As They Seem

Jul 11
CRS
US$276.31
Carpenter Technology
7D
-1.7%
1Y
96.3%

Carpenter Technology (NYSE:CRS) Is Doing The Right Things To Multiply Its Share Price

Jul 08
Carpenter Technology (NYSE:CRS) Is Doing The Right Things To Multiply Its Share Price
CDE
US$9.09
Coeur Mining
7D
-3.9%
1Y
46.4%