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U.S. Metals and Mining Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies263
  • 7D-0.6%
  • 3M0.9%
  • 1Y17.4%
  • YTD6.1%

Over the last 7 days, the Metals and Mining industry has remained flat, although notably Freeport-McMoRan declined by 3.3%. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 20% 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, 19 Jun 2024US$424.6bUS$266.7bUS$13.1b14.6x32.5x1.6x
Fri, 17 May 2024US$470.2bUS$266.9bUS$13.0b14.3x36.1x1.8x
Sun, 14 Apr 2024US$460.3bUS$266.1bUS$15.6b14x29.4x1.7x
Tue, 12 Mar 2024US$401.0bUS$266.7bUS$16.0b14x25.1x1.5x
Thu, 08 Feb 2024US$381.4bUS$264.8bUS$18.3b17x20.9x1.4x
Sat, 06 Jan 2024US$401.2bUS$278.4bUS$19.5b17.5x20.6x1.4x
Mon, 04 Dec 2023US$390.1bUS$283.5bUS$20.1b15.5x19.4x1.4x
Wed, 01 Nov 2023US$334.7bUS$279.0bUS$21.3b11.4x15.7x1.2x
Fri, 29 Sep 2023US$351.5bUS$283.6bUS$21.9b11.6x16x1.2x
Sun, 27 Aug 2023US$349.2bUS$276.4bUS$21.7b13.5x16.1x1.3x
Tue, 25 Jul 2023US$367.4bUS$281.8bUS$24.0b13.7x15.3x1.3x
Thu, 22 Jun 2023US$344.9bUS$285.0bUS$26.3b12.4x13.1x1.2x
Sat, 20 May 2023US$331.1bUS$284.7bUS$26.3b12.1x12.6x1.2x
Mon, 17 Apr 2023US$370.0bUS$293.3bUS$30.8b11.4x12x1.3x
Wed, 15 Mar 2023US$351.5bUS$293.3bUS$31.0b8.1x11.3x1.2x
Fri, 10 Feb 2023US$366.2bUS$295.6bUS$35.5b7.7x10.3x1.2x
Sun, 08 Jan 2023US$350.8bUS$298.1bUS$37.9b7.6x9.3x1.2x
Tue, 06 Dec 2022US$333.8bUS$298.1bUS$38.0b6.1x8.8x1.1x
Thu, 03 Nov 2022US$282.1bUS$297.3bUS$38.9b6.1x7.3x0.9x
Sat, 01 Oct 2022US$260.1bUS$296.7bUS$44.3b6.3x5.9x0.9x
Mon, 29 Aug 2022US$305.1bUS$296.8bUS$44.5b7.2x6.9x1x
Wed, 27 Jul 2022US$281.4bUS$288.6bUS$43.2b7.3x6.5x1x
Fri, 24 Jun 2022US$296.1bUS$282.0bUS$42.1b7.9x7x1x
Sun, 22 May 2022US$339.7bUS$280.6bUS$41.9b8.3x8.1x1.2x
Tue, 19 Apr 2022US$440.8bUS$260.7bUS$35.6b11.6x12.4x1.7x
Thu, 17 Mar 2022US$392.1bUS$259.2bUS$35.4b10.1x11.1x1.5x
Sat, 12 Feb 2022US$352.0bUS$248.3bUS$33.8b9x10.4x1.4x
Mon, 10 Jan 2022US$334.6bUS$233.3bUS$28.3b8.9x11.8x1.4x
Wed, 08 Dec 2021US$309.2bUS$232.3bUS$28.0b9.2x11x1.3x
Fri, 05 Nov 2021US$315.0bUS$230.8bUS$27.6b9.4x11.4x1.4x
Sun, 03 Oct 2021US$293.3bUS$195.4bUS$17.9b11.4x16.4x1.5x
Tue, 31 Aug 2021US$322.1bUS$198.0bUS$18.0b11.8x17.9x1.6x
Wed, 07 Jul 2021US$319.4bUS$193.5bUS$16.6b12.7x19.3x1.7x
Price to Earnings Ratio

19.3x


Total Market Cap: US$319.4bTotal Earnings: US$16.6bTotal Revenue: US$193.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Metals and Mining Industry Price to Earnings3Y Average 14.6x202220232024
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 32.5x which is higher than its 3-year average PE of 14.6x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 7.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Materials industry?

US Market1.63%
Materials-0.36%
Metals and Mining-0.61%
Gold1.39%
Steel-0.45%
Copper-1.43%
Silver-2.58%
Diversified Metals and Mining-3.73%
Aluminum-4.56%
Precious Metals and Minerals-8.30%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 19.8x.
    • Analysts are expecting annual earnings growth of 19.8%, which is higher than its past year's earnings decline of 24.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 125% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NEM NewmontUS$41.792.8%
+US$1.3b
-3.0%PS3.7x
STLD Steel DynamicsUS$125.002.9%
+US$545.3m
23.8%PE8.2x
SCCO Southern CopperUS$108.010.3%
+US$226.5m
49.2%PE35.9x
AU AngloGold AshantiUS$22.852.1%
+US$192.0m
n/aPS2.1x
RS RelianceUS$283.190.9%
+US$137.8m
12.2%PE13x
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CRS

US$100.52

Carpenter Technology

7D

-3.7%

1Y

92.9%

STLD

US$125.00

Steel Dynamics

7D

2.9%

1Y

23.8%

CLF

US$14.71

Cleveland-Cliffs

7D

-2.8%

1Y

-10.5%

RS

US$283.19

Reliance

7D

0.9%

1Y

12.2%

CDE

US$5.59

Coeur Mining

7D

3.3%

1Y

90.1%

MP

US$13.40

MP Materials

7D

-7.5%

1Y

-39.8%

SIM

US$31.49

Grupo Simec. de

7D

1.6%

1Y

-3.6%

CRML

US$11.29

Critical Metals

7D

14.0%

1Y

5.8%