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U.S. Metals and Mining Industry Analysis

UpdatedJul 08, 2025
DataAggregated Company Financials
Companies252
  • 7D3.6%
  • 3M34.8%
  • 1Y9.6%
  • YTD27.4%

Over the last 7 days, the Metals and Mining industry has risen 3.6%, driven by gains from Freeport-McMoRan of 5.0%. In the last 12 months, the industry was up 9.6%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Jul 2025US$479.9bUS$243.9bUS$17.9b22.2x26.8x2x
Fri, 06 Jun 2025US$456.3bUS$259.2bUS$17.8b21.5x25.6x1.8x
Sun, 04 May 2025US$426.2bUS$258.8bUS$18.1b22.1x23.5x1.6x
Tue, 01 Apr 2025US$427.7bUS$262.9bUS$16.8b22x25.4x1.6x
Thu, 27 Feb 2025US$416.2bUS$263.7bUS$17.2b21.8x24.1x1.6x
Sat, 25 Jan 2025US$410.6bUS$263.2bUS$11.9b17.1x34.5x1.6x
Mon, 23 Dec 2024US$390.0bUS$265.9bUS$12.5b15.4x31.1x1.5x
Wed, 20 Nov 2024US$435.7bUS$266.8bUS$12.5b19.1x34.9x1.6x
Fri, 18 Oct 2024US$468.1bUS$267.1bUS$11.2b14.7x41.8x1.8x
Sun, 15 Sep 2024US$432.1bUS$267.5bUS$11.4b13.9x37.9x1.6x
Tue, 13 Aug 2024US$420.4bUS$267.1bUS$11.5b12.8x36.5x1.6x
Thu, 11 Jul 2024US$446.8bUS$266.4bUS$12.8b13.5x35x1.7x
Sat, 08 Jun 2024US$451.8bUS$266.7bUS$13.0b14.6x34.7x1.7x
Mon, 06 May 2024US$447.4bUS$267.0bUS$13.3b13.3x33.7x1.7x
Wed, 03 Apr 2024US$443.5bUS$266.3bUS$15.7b14.3x28.3x1.7x
Fri, 01 Mar 2024US$376.0bUS$266.3bUS$16.0b13.9x23.5x1.4x
Sun, 28 Jan 2024US$387.1bUS$277.7bUS$19.2b16.8x20.2x1.4x
Tue, 26 Dec 2023US$418.3bUS$278.9bUS$19.4b17.9x21.5x1.5x
Thu, 23 Nov 2023US$364.0bUS$280.1bUS$20.0b15.1x18.2x1.3x
Sat, 21 Oct 2023US$332.8bUS$282.8bUS$22.1b11.7x15.1x1.2x
Mon, 18 Sep 2023US$356.3bUS$279.1bUS$21.4b12.6x16.7x1.3x
Wed, 16 Aug 2023US$355.8bUS$276.5bUS$21.7b13.3x16.4x1.3x
Fri, 14 Jul 2023US$372.2bUS$284.5bUS$26.0b13.5x14.3x1.3x
Sun, 11 Jun 2023US$337.1bUS$284.7bUS$26.4b12.6x12.8x1.2x
Tue, 09 May 2023US$349.1bUS$285.7bUS$26.8b11.4x13x1.2x
Thu, 06 Apr 2023US$356.0bUS$293.2bUS$29.3b10.9x12.1x1.2x
Sat, 04 Mar 2023US$385.0bUS$293.3bUS$31.0b8.7x12.4x1.3x
Mon, 30 Jan 2023US$379.9bUS$295.6bUS$36.1b7.5x10.5x1.3x
Wed, 28 Dec 2022US$330.8bUS$298.2bUS$37.9b6.7x8.7x1.1x
Fri, 25 Nov 2022US$330.1bUS$298.0bUS$38.0b6.3x8.7x1.1x
Sun, 23 Oct 2022US$295.4bUS$297.0bUS$41.8b7x7.1x1x
Tue, 20 Sep 2022US$282.6bUS$296.7bUS$44.4b7x6.4x1x
Thu, 18 Aug 2022US$299.9bUS$296.5bUS$44.3b7.9x6.8x1x
Sat, 16 Jul 2022US$275.2bUS$281.8bUS$42.0b6.9x6.5x1x
Price to Earnings Ratio

6.5x


Total Market Cap: US$275.2bTotal Earnings: US$42.0bTotal Revenue: US$281.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 21.4x202320242025
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 26.8x which is higher than its 3-year average PE of 21.4x.
  • 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 4.7% 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 Market0.42%
Materials2.86%
Metals and Mining3.65%
Steel4.35%
Gold3.76%
Copper3.62%
Silver3.15%
Precious Metals and Minerals2.28%
Aluminum2.20%
Diversified Metals and Mining-0.82%
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 75% 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 5.1% 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
FCX Freeport-McMoRanUS$46.275.0%
+US$3.2b		-8.9%PE37.7x
NUE NucorUS$139.734.2%
+US$1.3b		-7.0%PE24.2x
BGL Blue GoldUS$74.6780.2%
+US$1.0b		556.2%n/a
STLD Steel DynamicsUS$136.044.5%
+US$873.7m		9.5%PE17.3x
SCCO Southern CopperUS$103.000.9%
+US$723.7m		-7.8%PE23.1x

Latest News

CDE
US$8.84
Coeur Mining
7D
-1.4%
1Y
42.1%
RGLD
US$160.23
Royal Gold
7D
-9.8%
1Y
22.0%
NEM
US$57.61
Newmont
7D
-2.1%
1Y
31.3%
BGL
US$74.67
Blue Gold
7D
80.2%
1Y
556.2%

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Jul 03
RS
US$327.42
Reliance
7D
1.9%
1Y
17.8%

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Jul 02
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NUE
US$139.73
Nucor
7D
4.2%
1Y
-7.0%
CLF
US$8.88
Cleveland-Cliffs
7D
9.4%
1Y
-41.5%
SCCO
US$103.00
Southern Copper
7D
0.9%
1Y
-7.8%
AU
US$45.22
AngloGold Ashanti
7D
-1.3%
1Y
59.4%

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Jun 30
STLD
US$136.04
Steel Dynamics
7D
4.5%
1Y
9.5%
FCX
US$46.27
Freeport-McMoRan
7D
5.0%
1Y
-8.9%
TX
US$32.35
Ternium
7D
6.1%
1Y
-11.4%

Ternium (NYSE:TX) Could Be Struggling To Allocate Capital

Jun 27
Ternium (NYSE:TX) Could Be Struggling To Allocate Capital
MP
US$31.19
MP Materials
7D
-1.0%
1Y
119.0%
AEM
US$116.14
Agnico Eagle Mines
7D
-1.5%
1Y
65.4%

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

Jun 18
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HL
US$5.59
Hecla Mining
7D
-6.4%
1Y
6.1%

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

Jun 14
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USAR
US$9.61
USA Rare Earth
7D
-12.3%
1Y
-9.4%