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U.S. Metals and Mining Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies248
  • 7D0.8%
  • 3M17.7%
  • 1Y18.7%
  • YTD33.5%

The Metals and Mining is pretty flat in the last 7 days, but Nucor has stood out, gaining 5.6%. The past year has been better, since the industry has gained 19% 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
Mon, 18 Aug 2025US$499.0bUS$244.5bUS$20.3b21.6x24.6x2x
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
Price to Earnings Ratio

6.8x


Total Market Cap: US$302.5bTotal Earnings: US$44.5bTotal Revenue: US$296.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 22.1x202320242025
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 24.6x which is higher than its 3-year average PE of 22.1x.
  • 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 23% per year over the last three years,
  • Revenues have also declined 6.3% 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 Market1.29%
Materials1.88%
Metals and Mining0.79%
Precious Metals and Minerals12.62%
Aluminum6.30%
Steel2.87%
Silver1.15%
Diversified Metals and Mining1.13%
Copper0.93%
Gold-0.89%
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 17.3% 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 3.3% 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
NUE NucorUS$145.415.6%
+US$1.6b		0.9%PE25.9x
FCX Freeport-McMoRanUS$42.362.2%
+US$1.3b		-4.3%PE31.7x
STLD Steel DynamicsUS$126.423.3%
+US$590.3m		8.9%PE17.9x
SCCO Southern CopperUS$95.870.7%
+US$577.6m		-5.9%PE21.6x
NEM NewmontUS$69.330.7%
+US$505.1m		35.4%PE12.2x

Latest News

STLD
US$126.42
Steel Dynamics
7D
3.3%
1Y
8.9%
CRS
US$243.16
Carpenter Technology
7D
-2.1%
1Y
65.8%
TMC
US$4.92
TMC the metals
7D
-8.0%
1Y
368.6%
SGML
US$6.40
Sigma Lithium
7D
-4.2%
1Y
-37.6%
AU
US$54.31
AngloGold Ashanti
7D
-4.4%
1Y
72.2%
AMR
US$146.71
Alpha Metallurgical Resources
7D
-6.0%
1Y
-38.5%
AEM
US$133.35
Agnico Eagle Mines
7D
-1.6%
1Y
65.0%
CMP
US$19.02
Compass Minerals International
7D
-11.5%
1Y
95.1%
MP
US$75.03
MP Materials
7D
3.2%
1Y
501.7%
BGL
US$10.72
Blue Gold
7D
-16.4%
1Y
-5.8%
NUE
US$145.41
Nucor
7D
5.6%
1Y
0.9%
AA
US$31.27
Alcoa
7D
6.6%
1Y
-8.0%
NEM
US$69.33
Newmont
7D
0.7%
1Y
35.4%
SCCO
US$95.87
Southern Copper
7D
0.7%
1Y
-5.9%
FCX
US$42.36
Freeport-McMoRan
7D
2.2%
1Y
-4.3%
CMC
US$56.31
Commercial Metals
7D
6.2%
1Y
4.3%