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Canadian (TSX) Gold Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies404
  • 7D-0.1%
  • 3M-1.3%
  • 1Y17.2%
  • YTD0.2%

In the last week, the Gold industry is flat overall, with Lundin Gold standing out by going down 4.0%. The past year has been better, since the industry has gained 17% in that time. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023CA$203.6bCA$55.8bCA$525.7m15.1x387.3x3.6x
Wed, 27 Sep 2023CA$190.7bCA$54.3bCA$466.5m13.6x408.8x3.5x
Fri, 25 Aug 2023CA$199.6bCA$53.6bCA$483.1m13.9x413.2x3.7x
Sun, 23 Jul 2023CA$206.5bCA$51.4b-CA$68,037,703.0015x-3035.5x4x
Tue, 20 Jun 2023CA$204.8bCA$51.4b-CA$138,444,744.0015.4x-1479.2x4x
Thu, 18 May 2023CA$223.2bCA$52.0bCA$44.8m15.1x4984.5x4.3x
Sat, 15 Apr 2023CA$232.2bCA$51.6bCA$590.0m20.3x393.5x4.5x
Mon, 13 Mar 2023CA$191.7bCA$53.3bCA$2.6b18.7x72.8x3.6x
Wed, 08 Feb 2023CA$205.5bCA$54.4bCA$5.1b19.9x40x3.8x
Fri, 06 Jan 2023CA$206.3bCA$55.0bCA$5.2b17.8x39.6x3.7x
Sun, 04 Dec 2022CA$197.0bCA$54.5bCA$5.2b16.7x37.7x3.6x
Tue, 01 Nov 2022CA$166.7bCA$55.7bCA$6.2b13.3x27.1x3x
Thu, 29 Sep 2022CA$164.0bCA$56.0bCA$6.4b13.2x25.7x2.9x
Sat, 27 Aug 2022CA$166.1bCA$53.2bCA$6.0b12x27.6x3.1x
Mon, 25 Jul 2022CA$161.2bCA$52.5bCA$6.2b10.1x25.8x3.1x
Wed, 22 Jun 2022CA$192.9bCA$52.7bCA$6.4b12.2x30.1x3.7x
Fri, 20 May 2022CA$192.2bCA$52.1bCA$6.2b13x30.9x3.7x
Sun, 17 Apr 2022CA$248.6bCA$51.5bCA$7.2b11.9x34.3x4.8x
Tue, 15 Mar 2022CA$244.5bCA$55.6bCA$8.7b10.9x28.1x4.4x
Thu, 10 Feb 2022CA$215.9bCA$56.5bCA$9.9b10.1x21.9x3.8x
Sat, 08 Jan 2022CA$203.7bCA$56.4bCA$9.9b9.6x20.6x3.6x
Mon, 06 Dec 2021CA$209.9bCA$57.0bCA$10.0b9.4x21.1x3.7x
Wed, 03 Nov 2021CA$211.2bCA$56.1bCA$10.9b10.4x19.3x3.8x
Fri, 01 Oct 2021CA$200.5bCA$57.0bCA$11.0b8.5x18.2x3.5x
Sun, 29 Aug 2021CA$221.3bCA$55.9bCA$10.9b11x20.4x4x
Mon, 05 Jul 2021CA$222.2bCA$55.9bCA$10.9b11.4x20.5x4x
Thu, 08 Apr 2021CA$205.4bCA$54.2bCA$10.0b12.1x20.6x3.8x
Sun, 10 Jan 2021CA$234.8bCA$52.3bCA$8.2b16.9x28.5x4.5x
Price to Earnings Ratio

37.5x


Total Market Cap: CA$255.2bTotal Earnings: CA$6.8bTotal Revenue: CA$49.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gold Industry Price to Earnings3Y Average -23.9x202120222023
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 387x which is higher than its 3-year average PE of -23.9x.
  • The industry is trading close to its 3-year average PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 57% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.0% 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 Comparison

How does Canadian Gold compare with similar industries?

CA Market-1.70%
Materials-1.65%
Metals and Mining-1.26%
Gold-0.13%
Steel4.09%
Aluminum0%
Precious Metals and Minerals-1.00%
Silver-1.62%
Diversified Metals and Mining-2.95%
Copper-4.04%
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
WPM Wheaton Precious MetalsCA$60.361.1%
+CA$308.0m		35.4%PE32x
AAUC Allied GoldCA$4.8020.0%
+CA$200.6m		n/aPS1.4x
ELD Eldorado GoldCA$14.956.6%
+CA$187.2m		96.5%PE39x
IMG IAMGOLDCA$3.5910.1%
+CA$158.8m		79.5%PE24.3x
NGD New GoldCA$1.6612.9%
+CA$130.4m		35.0%PS1.1x
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Latest News

ELD

CA$14.95

Eldorado Gold

7D

6.6%

1Y

96.5%

AGI

CA$17.79

Alamos Gold

7D

1.3%

1Y

65.5%

Alamos Gold (TSE:AGI) Might Have The Makings Of A Multi-Bagger

Oct 28
Alamos Gold (TSE:AGI) Might Have The Makings Of A Multi-Bagger

RUP

CA$3.22

Rupert Resources

7D

-6.9%

1Y

-15.3%

NGD

CA$1.66

New Gold

7D

12.9%

1Y

35.0%

KNT

CA$5.41

K92 Mining

7D

-4.4%

1Y

-12.6%

A Look At The Intrinsic Value Of K92 Mining Inc. (TSE:KNT)

Oct 26
A Look At The Intrinsic Value Of K92 Mining Inc. (TSE:KNT)

IMG

CA$3.59

IAMGOLD

7D

10.1%

1Y

79.5%

CGG

CA$6.01

China Gold International Resources

7D

4.3%

1Y

90.8%

China Gold International Resources (TSE:CGG) Is Looking To Continue Growing Its Returns On Capital

Oct 22
China Gold International Resources (TSE:CGG) Is Looking To Continue Growing Its Returns On Capital

SKE

CA$5.37

Skeena Resources

7D

-9.6%

1Y

-12.5%

LUG

CA$17.25

Lundin Gold

7D

-4.0%

1Y

75.3%

AAUC

CA$4.80

Allied Gold

7D

20.0%

1Y

n/a

BTO

CA$4.50

B2Gold

7D

-1.1%

1Y

8.2%

EDV

CA$28.44

Endeavour Mining

7D

-2.3%

1Y

17.4%

Are Investors Undervaluing Endeavour Mining plc (TSE:EDV) By 47%?

Oct 13
Are Investors Undervaluing Endeavour Mining plc (TSE:EDV) By 47%?

TFPM

CA$18.02

Triple Flag Precious Metals

7D

3.6%

1Y

18.1%

OGC

CA$2.46

OceanaGold

7D

-2.4%

1Y

24.2%

WPM

CA$60.36

Wheaton Precious Metals

7D

1.1%

1Y

35.4%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%