Insufficient Growth At Manuka Resources Limited (ASX:MKR) Hampers Share Price
Mar 20
Australian (ASX) Precious Metals and Minerals Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies11
- 7D0.07%
- 3M-16.0%
- 1Y-24.3%
- YTDn/a
Over the last 7 days, the Precious Metals and Minerals industry has remained flat, although notably Newfield Resources gained 17%. As for the longer term, the industry has declined 24% in the last year. Earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the Australian Precious Metals and Minerals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$2.6b | AU$1.3b | -AU$5,832,779.88 | 1.7x | -446.8x | 2x |
| Fri, 05 Apr 2024 | AU$2.6b | AU$1.3b | -AU$6,404,140.37 | 1.4x | -406.8x | 2x |
| Sun, 03 Mar 2024 | AU$2.6b | AU$1.6b | AU$195.9m | 5.5x | 13.1x | 1.6x |
| Tue, 30 Jan 2024 | AU$3.1b | AU$1.6b | AU$218.2m | 6.2x | 14.1x | 1.9x |
| Thu, 28 Dec 2023 | AU$3.0b | AU$1.5b | AU$208.2m | 6.7x | 14.2x | 1.9x |
| Sat, 25 Nov 2023 | AU$2.8b | AU$1.6b | AU$219.4m | 6.2x | 12.6x | 1.7x |
| Mon, 23 Oct 2023 | AU$2.9b | AU$1.7b | AU$226.2m | 5.8x | 12.6x | 1.7x |
| Wed, 20 Sep 2023 | AU$3.2b | AU$1.6b | AU$231.1m | 8.2x | 14x | 2x |
| Fri, 18 Aug 2023 | AU$3.3b | AU$2.0b | AU$413.3m | 47.1x | 7.9x | 1.6x |
| Sun, 16 Jul 2023 | AU$3.3b | AU$1.9b | AU$385.5m | 62.1x | 8.6x | 1.8x |
| Tue, 13 Jun 2023 | AU$3.1b | AU$1.9b | AU$391.8m | 61.9x | 8x | 1.6x |
| Thu, 11 May 2023 | AU$3.4b | AU$1.9b | AU$390.7m | 69.5x | 8.6x | 1.7x |
| Sat, 08 Apr 2023 | AU$3.4b | AU$1.9b | AU$395.7m | 76.9x | 8.5x | 1.7x |
| Mon, 06 Mar 2023 | AU$3.7b | AU$1.9b | AU$406.1m | 6.1x | 9.1x | 1.9x |
| Wed, 01 Feb 2023 | AU$3.8b | AU$2.0b | AU$396.0m | 7.7x | 9.7x | 2x |
| Fri, 30 Dec 2022 | AU$3.5b | AU$2.0b | AU$414.2m | 6.7x | 8.4x | 1.7x |
| Sun, 27 Nov 2022 | AU$3.7b | AU$2.0b | AU$412.1m | 10.6x | 8.9x | 1.8x |
| Tue, 25 Oct 2022 | AU$3.4b | AU$2.2b | AU$440.8m | 5.9x | 7.8x | 1.6x |
| Thu, 22 Sep 2022 | AU$3.3b | AU$2.1b | AU$438.7m | 4.4x | 7.5x | 1.6x |
| Sat, 20 Aug 2022 | AU$3.9b | AU$2.0b | AU$647.9m | 4.5x | 6x | 1.9x |
| Mon, 18 Jul 2022 | AU$3.3b | AU$2.1b | AU$662.2m | 4.7x | 5x | 1.6x |
| Wed, 15 Jun 2022 | AU$3.3b | AU$2.0b | AU$649.1m | 5.5x | 5.1x | 1.6x |
| Fri, 13 May 2022 | AU$3.9b | AU$2.0b | AU$650.2m | 6.3x | 6.1x | 1.9x |
| Sun, 10 Apr 2022 | AU$4.2b | AU$1.9b | AU$603.3m | 8.3x | 6.9x | 2.2x |
| Tue, 08 Mar 2022 | AU$3.8b | AU$1.9b | AU$638.0m | 4.6x | 6x | 2x |
| Thu, 03 Feb 2022 | AU$3.4b | AU$2.1b | AU$782.0m | 7.6x | 4.4x | 1.6x |
| Sat, 01 Jan 2022 | AU$3.3b | AU$2.0b | AU$767.3m | 7.9x | 4.3x | 1.6x |
| Mon, 29 Nov 2021 | AU$3.1b | AU$2.1b | AU$782.4m | 7.7x | 4x | 1.5x |
| Wed, 27 Oct 2021 | AU$3.3b | AU$2.0b | AU$742.9m | 7.9x | 4.4x | 1.7x |
| Fri, 24 Sep 2021 | AU$3.1b | AU$2.0b | AU$791.6m | 9.4x | 3.9x | 1.5x |
| Sun, 22 Aug 2021 | AU$3.0b | AU$1.9b | AU$747.3m | 10.9x | 4.1x | 1.6x |
| Fri, 09 Jul 2021 | AU$2.8b | AU$1.9b | AU$747.3m | 12.3x | 3.7x | 1.4x |
Price to Earnings Ratio
4.7x
Current Industry PE
- Investors are optimistic on the Australian Precious Metals and Minerals industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.6% per year, which is driving profits down.
Industry Comparison
How does Australian Precious Metals and Minerals compare with similar industries?
| AU Market | 1.62% | |
| Materials | 0.83% | |
| Metals and Mining | 0.77% | |
| Precious Metals and Minerals | 0.071% | |
| Silver | 3.03% | |
| Steel | 1.79% | |
| Copper | 1.61% | |
| Diversified Metals and Mining | 1.03% | |
| Aluminum | -0.98% | |
| Gold | -2.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NWF Newfield Resources | AU$0.15 | 25.0% +AU$28.2m | -52.4% | PS68.2x | |
| ZIM Zimplats Holdings | AU$16.79 | 0.5% +AU$9.7m | -32.6% | PE32x | |
| IPX IperionX | AU$2.14 | 0.5% +AU$2.3m | 118.4% | PB10.7x | |
| VMC Venus Metals | AU$0.09 | 7.1% +AU$1.1m | -52.6% | PE0.6x | |
| PGM Platina Resources | AU$0.021 | 5.0% +AU$623.2k | -43.2% | PE1.6x |
