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

Canadian (TSX) Diversified Metals and Mining Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies699
  • 7D8.0%
  • 3M2.3%
  • 1Y75.9%
  • YTDn/a

The Diversified Metals and Mining industry is up 2.7% in the last week, with Teck Resources up 6.1%. Meanwhile, Ivanhoe Mines actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 61%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the Canadian Diversified Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026CA$148.8bCA$18.9b-CA$6,856,973.4719.8x-21704.6x7.9x
Sun, 01 Mar 2026CA$176.9bCA$18.6b-CA$122,995,628.8319.5x-1438.4x9.5x
Tue, 27 Jan 2026CA$168.2bCA$18.0b-CA$327,170,466.6326.9x-514x9.4x
Thu, 25 Dec 2025CA$138.1bCA$18.0b-CA$300,933,006.7018.2x-459x7.7x
Sat, 22 Nov 2025CA$110.6bCA$18.3b-CA$147,571,506.4117.5x-749.2x6x
Mon, 20 Oct 2025CA$121.5bCA$17.5b-CA$1,240,181,668.3119.6x-98x6.9x
Wed, 17 Sep 2025CA$103.4bCA$17.4b-CA$1,272,831,944.7218.6x-81.2x5.9x
Fri, 15 Aug 2025CA$87.8bCA$17.3b-CA$1,339,010,681.8915.4x-65.5x5.1x
Sun, 13 Jul 2025CA$88.0bCA$16.7b-CA$1,542,574,562.9715.8x-57x5.3x
Tue, 10 Jun 2025CA$83.7bCA$16.7b-CA$1,357,459,138.4113.6x-61.6x5x
Thu, 08 May 2025CA$80.7bCA$16.9b-CA$1,387,529,045.9510.2x-58.2x4.8x
Sat, 05 Apr 2025CA$75.7bCA$16.2b-CA$2,248,193,545.7410.6x-33.7x4.7x
Mon, 03 Mar 2025CA$84.0bCA$16.3b-CA$2,167,915,328.848.8x-38.7x5.2x
Wed, 29 Jan 2025CA$89.2bCA$23.8b-CA$250,671,376.0312.3x-355.7x3.7x
Fri, 27 Dec 2024CA$93.1bCA$23.8b-CA$422,833,946.8011.9x-220.1x3.9x
Sun, 24 Nov 2024CA$99.2bCA$23.6b-CA$399,063,924.0911.7x-248.7x4.2x
Tue, 22 Oct 2024CA$103.1bCA$22.4b-CA$103,058,464.5817.8x-1000.8x4.6x
Thu, 19 Sep 2024CA$93.3bCA$22.3b-CA$282,790,561.8814.9x-329.8x4.2x
Sat, 17 Aug 2024CA$92.5bCA$22.0b-CA$468,534,970.3114.6x-197.3x4.2x
Mon, 15 Jul 2024CA$99.9bCA$21.6b-CA$300,181,092.1912.4x-332.9x4.6x
Wed, 12 Jun 2024CA$96.7bCA$21.6b-CA$364,430,277.1114.7x-265.5x4.5x
Fri, 10 May 2024CA$97.9bCA$21.3b-CA$304,992,406.0116.4x-321.1x4.6x
Sun, 07 Apr 2024CA$90.7bCA$21.0bCA$770.3m20.5x117.8x4.3x
Tue, 05 Mar 2024CA$79.6bCA$21.0bCA$663.2m13.1x120x3.8x
Thu, 01 Feb 2024CA$90.0bCA$23.7bCA$900.7m11.8x99.9x3.8x
Sat, 30 Dec 2023CA$91.1bCA$23.6bCA$845.6m13.2x107.8x3.9x
Mon, 27 Nov 2023CA$83.8bCA$23.7bCA$794.2m11.8x105.5x3.5x
Wed, 25 Oct 2023CA$84.5bCA$24.1bCA$1.0b10x83.6x3.5x
Fri, 22 Sep 2023CA$89.4bCA$24.1bCA$1.1b9.8x78x3.7x
Sun, 20 Aug 2023CA$89.7bCA$24.1bCA$1.0b12.1x86x3.7x
Tue, 18 Jul 2023CA$96.6bCA$26.0bCA$2.6b11.2x37.7x3.7x
Thu, 15 Jun 2023CA$94.9bCA$26.1bCA$2.6b11.1x36.6x3.6x
Sat, 13 May 2023CA$95.6bCA$26.2bCA$2.8b11.7x34.5x3.6x
Mon, 10 Apr 2023CA$96.1bCA$27.1bCA$3.3b8x29.4x3.6x
Price to Earnings Ratio

29.4x


Total Market Cap: CA$96.1bTotal Earnings: CA$3.3bTotal Revenue: CA$27.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Metals and Mining Industry Price to Earnings3Y Average 156.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Diversified Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 25.0x is higher than the industry's current PS ratio of 7.8x.
Past Earnings Growth
  • Total earnings for the Diversified Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 11% per year, which is driving profits down.

Industry Comparison

How does Canadian Diversified Metals and Mining compare with similar industries?

CA Market3.76%
Materials11.93%
Metals and Mining13.14%
Diversified Metals and Mining7.95%
Silver16.41%
Gold14.31%
Copper12.71%
Precious Metals and Minerals11.80%
Steel1.64%
Aluminum0%0
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?

CompanyLast Price7D1YValuation
TECK.B Teck ResourcesCA$73.519.3%
+CA$3.1b		53.1%PE25.7x
HBM Hudbay MineralsCA$30.0915.5%
+CA$1.6b		200.6%PE15.1x
NGEX NGEx MineralsCA$26.3413.4%
+CA$674.4m		107.4%PB13x
CNL Collective MiningCA$25.3027.6%
+CA$505.6m		89.5%PB11.6x
ALS Altius MineralsCA$52.4316.5%
+CA$416.3m		117.6%PE9.8x

Latest News

HBM
CA$30.09
Hudbay Minerals
7D
15.5%
1Y
200.6%
ALS
CA$52.43
Altius Minerals
7D
16.5%
1Y
117.6%
IVN
CA$10.44
Ivanhoe Mines
7D
-5.0%
1Y
-10.5%
AII
CA$21.39
Almonty Industries
7D
5.5%
1Y
545.2%
ABRA
CA$12.46
AbraSilver Resource
7D
18.3%
1Y
335.7%
TECK.B
CA$73.51
Teck Resources
7D
9.3%
1Y
53.1%

TECK.B: Anglo Merger Progress And Copper Output Will Drive Future Upside

The updated analyst price target for Teck Resources edges lower by about CA$1.50, as analysts balance a series of higher CA$79 to CA$82 targets tied to the Anglo American merger progress with more cautious recent revisions from firms such as Scotiabank. Analyst Commentary Recent research on Teck Resources shows a split view, with several firms lifting price targets around the Anglo American merger process and a smaller group turning more cautious as the stock reacts to prior gains and valuation shifts.
MSR
CA$0.52
Minsud Resources
7D
-20.0%
1Y
-21.2%
CNL
CA$25.30
Collective Mining
7D
27.6%
1Y
89.5%
CUAU
CA$1.21
Forte Minerals
7D
-13.6%
1Y
450.0%
FOM
CA$5.62
Foran Mining
7D
8.1%
1Y
66.3%
ARA
CA$3.29
Aclara Resources
7D
-4.1%
1Y
558.0%
NGEX
CA$26.34
NGEx Minerals
7D
13.4%
1Y
107.4%
EMPS
CA$0.61
EMP Metals
7D
-18.7%
1Y
106.8%
LIRC
CA$10.39
Lithium Royalty
7D
-5.7%
1Y
137.2%
LA
CA$11.50
Los Andes Copper
7D
-7.3%
1Y
67.9%

Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?

Jan 30
Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?
ADE
CA$0.15
Adex Mining
7D
-16.2%
1Y
1,450.0%