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Canadian (TSX) Copper Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies37
  • 7D-4.0%
  • 3M-27.8%
  • 1Y16.5%
  • YTD-0.8%

Over the last 7 days, the Copper industry has dropped 4.0%, driven by First Quantum Minerals declining 5.0%. Over the past 12 months, the industry was up 17%. Looking forward, earnings are forecast to grow by 40% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023CA$33.5bCA$17.1bCA$1.1b15.3x29.2x2x
Thu, 28 Sep 2023CA$36.6bCA$16.3bCA$828.2m17.9x44.2x2.2x
Sat, 26 Aug 2023CA$40.1bCA$16.4bCA$821.3m24.2x48.8x2.4x
Mon, 24 Jul 2023CA$42.4bCA$16.3bCA$694.6m27.9x61x2.6x
Wed, 21 Jun 2023CA$40.0bCA$16.3bCA$695.5m26.4x57.5x2.5x
Fri, 19 May 2023CA$38.8bCA$16.6bCA$702.0m24.7x55.2x2.3x
Sun, 16 Apr 2023CA$41.7bCA$17.4bCA$1.5b17.1x27.3x2.4x
Tue, 14 Mar 2023CA$33.3bCA$17.9bCA$1.7b12.8x20.1x1.9x
Thu, 09 Feb 2023CA$34.8bCA$18.0bCA$2.0b10.7x17x1.9x
Sat, 07 Jan 2023CA$35.7bCA$18.0bCA$2.1b10.3x17.4x2x
Mon, 05 Dec 2022CA$36.3bCA$18.0bCA$2.1b9.6x17.6x2x
Wed, 02 Nov 2022CA$30.0bCA$18.4bCA$2.7b9.6x11.1x1.6x
Fri, 30 Sep 2022CA$26.8bCA$18.4bCA$3.2b8.5x8.3x1.5x
Sun, 28 Aug 2022CA$29.0bCA$17.5bCA$3.1b9.4x9.5x1.7x
Tue, 26 Jul 2022CA$24.1bCA$17.5bCA$3.1b7.6x7.7x1.4x
Thu, 23 Jun 2022CA$31.3bCA$17.6bCA$3.2b10.5x9.9x1.8x
Sat, 21 May 2022CA$40.9bCA$17.4bCA$3.2b11.3x12.7x2.4x
Mon, 18 Apr 2022CA$43.5bCA$15.1bCA$2.3b16.2x18.9x2.9x
Wed, 16 Mar 2022CA$38.9bCA$15.3bCA$2.4b14x16.5x2.5x
Fri, 11 Feb 2022CA$40.3bCA$14.1bCA$1.9b17.1x21.6x2.9x
Sun, 09 Jan 2022CA$33.9bCA$14.1bCA$1.9b16.5x18.1x2.4x
Tue, 07 Dec 2021CA$32.3bCA$14.2bCA$1.9b16.7x17.1x2.3x
Thu, 04 Nov 2021CA$33.1bCA$13.7bCA$1.9b9.6x17.9x2.4x
Sat, 02 Oct 2021CA$27.9bCA$13.3bCA$1.5b8.4x18.9x2.1x
Mon, 30 Aug 2021CA$31.3bCA$13.0bCA$1.4b23x21.6x2.4x
Tue, 06 Jul 2021CA$33.4bCA$13.0bCA$1.4b25x23.1x2.6x
Fri, 09 Apr 2021CA$30.5bCA$11.6bCA$807.3m18.3x37.8x2.6x
Thu, 31 Dec 2020CA$27.9bCA$10.5bCA$20.6m27x1354x2.7x
Price to Earnings Ratio

-65.9x


Total Market Cap: CA$19.3bTotal Earnings: -CA$292,388,985.50Total Revenue: CA$10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Copper Industry Price to Earnings3Y Average 151x202120222023
Current Industry PE
  • Investors are pessimistic on the Canadian Copper industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 29.2x which is lower than its 3-year average PE of 145x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • Total earnings for the Copper industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Copper compare with similar industries?

CA Market-1.70%
Materials-1.65%
Metals and Mining-1.26%
Copper-4.04%
Steel4.09%
Aluminum0%
Gold-0.13%
Precious Metals and Minerals-1.00%
Silver-1.62%
Diversified Metals and Mining-2.95%
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
LUN Lundin MiningCA$8.670.3%
+CA$23.2m		21.4%PE14.3x
TKO Taseko MinesCA$1.524.1%
+CA$17.4m		0%PS1.1x
ATCU Alta CopperCA$0.4011.3%
+CA$3.0m		-48.0%PB0.3x
ERO Ero CopperCA$18.700.2%
+CA$2.8m		20.6%PE15.8x
HCU Horizon CopperCA$0.623.3%
+CA$1.7m		n/aPS65.2x
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Latest News

FM

CA$20.00

First Quantum Minerals

7D

-32.0%

1Y

-16.8%

TKO

CA$1.52

Taseko Mines

7D

4.1%

1Y

0%

LUN

CA$8.67

Lundin Mining

7D

0.3%

1Y

21.4%

ECU

CA$0.12

Element 29 Resources

7D

-23.3%

1Y

-52.1%

AMMO

CA$0.06

Bullet Exploration

7D

0%

1Y

-33.3%

ERO

CA$18.70

Ero Copper

7D

0.2%

1Y

20.6%

Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

Oct 23
Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

MARI

CA$3.59

Marimaca Copper

7D

-1.9%

1Y

15.8%

ASCU

CA$1.51

Arizona Sonoran Copper

7D

-1.9%

1Y

-4.4%

FDY

CA$0.62

Faraday Copper

7D

-1.6%

1Y

37.8%

ATCU

CA$0.40

Alta Copper

7D

11.3%

1Y

-48.0%

CS

CA$4.60

Capstone Copper

7D

-3.2%

1Y

45.6%

NCU

CA$0.14

Nevada Copper

7D

-3.4%

1Y

-44.0%

ALDE

CA$0.79

Aldebaran Resources

7D

-1.3%

1Y

0%

HCU

CA$0.62

Horizon Copper

7D

3.3%

1Y

n/a

USCU

CA$0.045

US Copper

7D

12.5%

1Y

50.0%