Investors Will Want Mountain Province Diamonds' (TSE:MPVD) Growth In ROCE To Persist
Oct 24
Canadian (TSX) Precious Metals and Minerals Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies74
- 7D-1.0%
- 3M-14.8%
- 1Y-22.5%
- YTD-29.7%
Over the last 7 days, the Precious Metals and Minerals industry has dropped 1.0%, driven by a pullback from Mountain Province Diamonds of 27%. In contrast, Santacruz Silver Mining has gained 16%. However, the industry is down 23% over the past year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Canadian Precious Metals and Minerals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | CA$3.4b | CA$1.4b | -CA$314,742,826.00 | 8.3x | -10.9x | 2.5x |
| Tue, 26 Sep 2023 | CA$3.4b | CA$1.3b | -CA$314,181,502.00 | 8.3x | -10.9x | 2.6x |
| Thu, 24 Aug 2023 | CA$3.8b | CA$1.3b | -CA$322,207,885.00 | 7.8x | -11.7x | 2.9x |
| Sat, 22 Jul 2023 | CA$4.1b | CA$1.2b | -CA$327,610,366.00 | 6x | -12.4x | 3.3x |
| Mon, 19 Jun 2023 | CA$4.0b | CA$1.2b | -CA$337,654,564.00 | 7.1x | -11.9x | 3.2x |
| Wed, 17 May 2023 | CA$4.6b | CA$1.7b | -CA$288,712,539.00 | 7.7x | -16x | 2.7x |
| Fri, 14 Apr 2023 | CA$5.3b | CA$1.6b | -CA$336,703,543.00 | 20.8x | -15.7x | 3.4x |
| Sun, 12 Mar 2023 | CA$4.3b | CA$1.5b | -CA$107,671,474.00 | 11.8x | -39.8x | 2.8x |
| Tue, 07 Feb 2023 | CA$4.5b | CA$1.5b | -CA$119,390,335.00 | 13x | -37.9x | 3x |
| Thu, 05 Jan 2023 | CA$4.7b | CA$1.5b | -CA$127,349,643.00 | 7.5x | -36.6x | 3.1x |
| Sat, 03 Dec 2022 | CA$4.8b | CA$1.5b | -CA$118,060,574.00 | 8.8x | -40.7x | 3.2x |
| Mon, 31 Oct 2022 | CA$4.4b | CA$1.3b | -CA$52,920,121.00 | 6.3x | -83.9x | 3.4x |
| Wed, 28 Sep 2022 | CA$3.9b | CA$1.3b | -CA$52,453,198.00 | 5.5x | -75x | 3x |
| Fri, 26 Aug 2022 | CA$4.8b | CA$983.7m | -CA$70,063,762.00 | 12.8x | -69.1x | 4.9x |
| Sun, 24 Jul 2022 | CA$4.6b | CA$928.7m | -CA$97,533,241.00 | 12.7x | -47.1x | 4.9x |
| Tue, 21 Jun 2022 | CA$5.1b | CA$934.6m | -CA$98,155,737.00 | 19.3x | -51.9x | 5.5x |
| Thu, 19 May 2022 | CA$5.0b | CA$878.3m | -CA$109,077,666.00 | 16x | -45.9x | 5.7x |
| Sat, 16 Apr 2022 | CA$6.6b | CA$793.7m | -CA$30,556,242.00 | 24.2x | -216.6x | 8.3x |
| Mon, 14 Mar 2022 | CA$6.7b | CA$818.2m | -CA$447,312,162.00 | 31.8x | -14.9x | 8.2x |
| Wed, 09 Feb 2022 | CA$5.7b | CA$800.6m | -CA$439,425,833.00 | 15.3x | -12.9x | 7.1x |
| Fri, 07 Jan 2022 | CA$5.5b | CA$802.5m | -CA$427,045,034.00 | 13.5x | -12.8x | 6.8x |
| Sun, 05 Dec 2021 | CA$5.5b | CA$805.0m | -CA$378,452,172.00 | 14.8x | -14.4x | 6.8x |
| Tue, 02 Nov 2021 | CA$7.8b | CA$821.0m | -CA$352,997,373.00 | 22.4x | -22.1x | 9.5x |
| Thu, 30 Sep 2021 | CA$6.6b | CA$837.6m | -CA$351,261,851.00 | 17.4x | -18.9x | 7.9x |
| Sat, 28 Aug 2021 | CA$7.4b | CA$822.3m | -CA$345,159,826.20 | 19.7x | -21.5x | 9x |
| Sun, 04 Jul 2021 | CA$7.8b | CA$822.3m | -CA$339,160,624.09 | 23.9x | -22.9x | 9.4x |
| Wed, 07 Apr 2021 | CA$6.7b | CA$668.0m | -CA$400,550,579.40 | 13.6x | -16.7x | 10x |
| Sat, 09 Jan 2021 | CA$7.1b | CA$648.3m | -CA$462,489,673.25 | 18.1x | -15.3x | 10.9x |
Price to Earnings Ratio
-14.4x
Current Industry PE
- Investors are pessimistic on the Canadian Precious Metals and Minerals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Precious Metals and Minerals industry have improved over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Canadian Precious Metals and Minerals compare with similar industries?
| CA Market | -1.71% | |
| Materials | -1.65% | |
| Metals and Mining | -1.26% | |
| Precious Metals and Minerals | -1.01% | |
| Steel | 4.09% | |
| Aluminum | 0% | |
| Gold | -0.13% | |
| Silver | -1.62% | |
| Diversified Metals and Mining | -2.95% | |
| Copper | -4.05% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SCZ Santacruz Silver Mining | CA$0.25 | 16.3% +CA$12.3m | -41.9% | PS0.3x | |
| SIL SilverCrest Metals | CA$7.02 | 1.6% +CA$11.8m | 0.4% | PE9.1x | |
| ASM Avino Silver & Gold Mines | CA$0.70 | 7.7% +CA$8.8m | -16.7% | PE68.2x | |
| IGO Independence Gold | CA$0.23 | 32.4% +CA$8.0m | 462.5% | PB7.8x | |
| VOXR Vox Royalty | CA$2.89 | 5.5% +CA$7.4m | -2.7% | PS9.2x |
