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Canadian (TSX) Gold Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies359
  • 7D2.3%
  • 3M20.7%
  • 1Y-5.9%
  • YTDn/a

In the last week, the Gold industry is up 2.4%, with Franco-Nevada leading the way, up 3.5%. In contrast, the industry has lost 7.2% in the last 12 months. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

Has the Canadian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024CA$212.4bCA$54.8bCA$2.1b20x101.1x3.9x
Sat, 06 Apr 2024CA$207.8bCA$53.8bCA$2.0b18.3x104.8x3.9x
Mon, 04 Mar 2024CA$174.1bCA$54.1bCA$3.4b15x51.1x3.2x
Wed, 31 Jan 2024CA$191.8bCA$55.7bCA$565.8m17.3x339x3.4x
Fri, 29 Dec 2023CA$206.4bCA$55.0bCA$604.1m15.9x341.7x3.8x
Sun, 26 Nov 2023CA$197.4bCA$56.5bCA$674.5m14x292.6x3.5x
Tue, 24 Oct 2023CA$202.7bCA$55.0bCA$494.5m15.6x409.9x3.7x
Thu, 21 Sep 2023CA$204.2bCA$54.2bCA$454.2m14x449.6x3.8x
Sat, 19 Aug 2023CA$192.6bCA$53.4bCA$470.2m13.1x409.7x3.6x
Mon, 17 Jul 2023CA$208.2bCA$51.5b-CA$60,518,827.0013.7x-3439.5x4x
Wed, 14 Jun 2023CA$207.9bCA$51.6b-CA$71,187,606.0016.2x-2921x4x
Fri, 12 May 2023CA$228.8bCA$52.2bCA$340.9m15.7x671.4x4.4x
Sun, 09 Apr 2023CA$228.9bCA$52.2bCA$634.0m23.7x361x4.4x
Tue, 07 Mar 2023CA$196.1bCA$52.8bCA$2.8b21.3x69x3.7x
Thu, 02 Feb 2023CA$217.1bCA$53.9bCA$5.1b20.1x42.8x4x
Sat, 31 Dec 2022CA$194.4bCA$54.9bCA$5.2b16.5x37.5x3.5x
Mon, 28 Nov 2022CA$187.5bCA$54.0bCA$5.2b16.3x36.2x3.5x
Wed, 26 Oct 2022CA$168.2bCA$55.7bCA$6.3b14.5x26.6x3x
Fri, 23 Sep 2022CA$164.8bCA$55.3bCA$6.2b13.3x26.4x3x
Sun, 21 Aug 2022CA$168.2bCA$53.2bCA$6.0b12.5x27.9x3.2x
Tue, 19 Jul 2022CA$162.6bCA$53.1bCA$6.3b10.6x25.7x3.1x
Thu, 16 Jun 2022CA$192.4bCA$52.8bCA$6.4b12x30x3.6x
Sat, 14 May 2022CA$195.2bCA$52.5bCA$6.3b12.4x31.2x3.7x
Mon, 11 Apr 2022CA$242.5bCA$51.4bCA$7.3b11.7x33.3x4.7x
Wed, 09 Mar 2022CA$254.2bCA$56.1bCA$8.5b11.3x29.8x4.5x
Fri, 04 Feb 2022CA$208.5bCA$56.5bCA$9.9b10x21.2x3.7x
Sun, 02 Jan 2022CA$216.9bCA$56.4bCA$9.9b10.1x22x3.8x
Tue, 30 Nov 2021CA$217.8bCA$57.0bCA$10.0b9.9x21.8x3.8x
Thu, 28 Oct 2021CA$219.7bCA$55.7bCA$10.7b11.1x20.5x3.9x
Sat, 25 Sep 2021CA$203.4bCA$57.3bCA$11.1b9.7x18.3x3.6x
Mon, 23 Aug 2021CA$218.8bCA$55.9bCA$10.9b10.8x20.1x3.9x
Sat, 10 Jul 2021CA$222.2bCA$55.9bCA$10.9b11.4x20.5x4x
Price to Earnings Ratio

24.1x


Total Market Cap: CA$241.6bTotal Earnings: CA$10.0bTotal Revenue: CA$54.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average 5.4x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 99x which is higher than its 3-year average PE of 5.4x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 40% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Gold compare with similar industries?

CA Market3.09%
Materials2.88%
Metals and Mining2.71%
Gold2.34%
Copper4.91%
Diversified Metals and Mining2.83%
Steel2.59%
Silver1.88%
Precious Metals and Minerals1.82%
Aluminum0%
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
FNV Franco-NevadaCA$173.523.5%
+CA$1.1b
-18.5%PS20.3x
K Kinross GoldCA$9.758.9%
+CA$983.2m
31.4%PE20.1x
WPM Wheaton Precious MetalsCA$74.642.5%
+CA$814.4m
7.7%PE45.8x
ABX Barrick GoldCA$22.982.0%
+CA$807.6m
-13.1%PE20.3x
CGG China Gold International ResourcesCA$8.708.6%
+CA$273.5m
24.3%PS5.5x
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Latest News

WRLG

CA$0.68

West Red Lake Gold Mines

7D

-15.0%

1Y

-10.5%

K

CA$9.75

Kinross Gold

7D

8.9%

1Y

31.4%

TFPM

CA$21.95

Triple Flag Precious Metals

7D

-1.7%

1Y

1.8%

ABX

CA$22.98

Barrick Gold

7D

2.0%

1Y

-13.1%

ODV

CA$2.33

Osisko Development

7D

-12.1%

1Y

-65.1%

FNV

CA$173.52

Franco-Nevada

7D

3.5%

1Y

-18.5%

ELD

CA$20.74

Eldorado Gold

7D

4.5%

1Y

32.8%

AGI

CA$21.05

Alamos Gold

7D

2.2%

1Y

15.3%

KNT

CA$7.84

K92 Mining

7D

6.5%

1Y

20.2%

IAU

CA$1.55

i-80 Gold

7D

-9.4%

1Y

-50.3%

NGD

CA$2.57

New Gold

7D

-1.5%

1Y

31.1%

CGG

CA$8.70

China Gold International Resources

7D

8.6%

1Y

24.3%

AAUC

CA$3.49

Allied Gold

7D

-3.1%

1Y

n/a

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%