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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Rio Tinto Ltd | Australia | Metals & Mining | AUD 170 | $210B | 3.5x | 8.2x |
| BHP Group | Australia | Metals & Mining | AUD 51 | $196B | 3.5x | 6.7x |
| Rio Tinto plc | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £59 | $174B | 3.1x | 7.3x |
| Southern Copper | United States of America | Metals & Mining | $198 | $166B | 12.7x | 21.5x |
| Zijin Mining | China | Metals & Mining | CNY 38 | $158B | 2.9x | 12.6x |
| Newmont | United States of America | Metals & Mining | $126 | $137B | 6.2x | 10.4x |
| Glencore | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £5 | $118B | 0.5x | 9.0x |
| Agnico Eagle Mines | Canada | Metals & Mining | CAD 295 | $107B | 8.8x | 13.0x |
| Howmet Aerospace | United States of America | Defense Systems, Industrial Parts, Metals & Mining | $250 | $103B | 12.5x | 43.0x |
| Freeport-McMoRan | United States of America | Metals & Mining | $63 | $96.8B | 3.8x | 10.5x |
| Grupo México | Mexico | Metals & Mining | MXN 204 | $92.8B | 5.0x | 9.1x |
| Vale | Brazil | Metals & Mining | BRL 87 | $85.8B | 2.2x | 5.4x |
| Maaden | Saudi Arabia | Metals & Mining | SAR 74 | $83.0B | 8.2x | 19.9x |
| Barrick Mining | Canada | Metals & Mining | CAD 65 | $79.2B | 4.8x | 7.4x |
| Zijin Gold | Hong Kong | Metals & Mining | HKD 211 | $73.7B | 15.2x | 26.4x |
| Wheaton Precious Metals | Canada | Metals & Mining | CAD 199 | $65.4B | 30.7x | 37.6x |
| CMOC Group | Hong Kong | Metals & Mining | HKD 24 | $64.5B | 2.1x | 10.9x |
| CMOC Group | China | Metals & Mining | CNY 21 | $64.4B | 2.1x | 10.7x |
| Anglo American | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £36 | $61.3B | 3.2x | 9.6x |
| Anglogold Ashanti | United States of America | Metals & Mining | $110 | $55.2B | 5.6x | 9.8x |
| ArcelorMittal | Netherlands | Metals & Mining | €52 | $55.2B | 0.9x | 8.5x |
| Nippon Steel | Japan | Metals & Mining | JPY 648 | $51.8B | 0.8x | 8.2x |
| Antofagasta | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £37 | $51.8B | 6.3x | 10.6x |
| Gold Fields | South Africa | Metals & Mining | ZAR 864 | $50.1B | 5.6x | 8.5x |
| China Hongqiao Group | Hong Kong | Metals & Mining | HKD 35 | $48.7B | 2.2x | 7.4x |
| Franco-Nevada | Canada | Metals & Mining | CAD 344 | $48.6B | 27.7x | 30.7x |
| Fortescue | Australia | Metals & Mining | AUD 21 | $47.4B | 2.8x | 5.6x |
| Nucor | United States of America | Metals & Mining | $183 | $46.4B | 1.4x | 10.7x |
| JSW Steel | India | Metals & Mining | INR 1234 | $44.6B | 2.2x | 13.5x |
| Kinross Gold | Canada | Metals & Mining | CAD 44 | $38.7B | 5.3x | 8.7x |
| Amman Mineral Internasion | Indonesia | Metals & Mining | IDR 7550 | $38.2B | 26.6x | 60.3x |
| Fresnillo | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £39 | $37.9B | 8.7x | 15.0x |
| Tata Steel | India | Metals & Mining | INR 203 | $37.3B | 1.5x | 10.5x |
| Yankuang Group | China | Metals & Mining | CNY 15 | $35.4B | 2.0x | 6.7x |
| Vedanta | India | Metals & Mining | INR 673 | $35.2B | 2.0x | 6.6x |
| Shandong Gold Mining | China | Metals & Mining | CNY 43 | $35.2B | 2.2x | 11.2x |
| Aluminum Corp of China | China | Metals & Mining | CNY 12 | $34.5B | 1.0x | 6.0x |
| Teck Resources | Canada | Metals & Mining | CAD 80 | $32.5B | 4.2x | 11.4x |
| Steel Dynamics | United States of America | Metals & Mining | $192 | $31.4B | 1.7x | 14.3x |
| Shaanxi Coal Industry | China | Metals & Mining | CNY 23 | $29.7B | 1.3x | 4.0x |
| Northern Star Resources | Australia | Metals & Mining | AUD 28 | $29.4B | 5.5x | 10.1x |
| China Northern Rare Earth | China | Metals & Mining | CNY 55 | $28.8B | 4.7x | 38.5x |
| POSCO Holdings | South Korea | Metals & Mining | KRW 375500 | $28.3B | 0.6x | 6.3x |
| Hindustan Zinc | India | Metals & Mining | INR 593 | $28.1B | 7.0x | 13.3x |
| Bayan Resources | Indonesia | Metals & Mining | IDR 14200 | $27.6B | N/A | N/A |
| Hindalco | India | Metals & Mining | INR 909 | $27.5B | 1.0x | 7.5x |
| First Quantum Minerals | Canada | Metals & Mining | CAD 36 | $27.3B | 5.3x | 16.1x |
| China Coal | Hong Kong | Metals & Mining | HKD 15 | $25.1B | 1.1x | 4.6x |
| Coal India | India | Metals & Mining | INR 409 | $24.9B | 1.6x | 5.2x |
| Royal Gold | United States of America | Metals & Mining | $286 | $24.7B | 23.8x | 28.9x |
| Industrias Penoles | United States of America | Metals & Mining | $61 | $24.7B | 0.2x | 0.5x |
| Pan American Silver | United States of America | Metals & Mining | $58 | $24.4B | 6.9x | 14.3x |
| Baosteel | China | Metals & Mining | CNY 7 | $24.3B | 0.5x | 5.2x |
| Korea Zinc | South Korea | Metals & Mining | KRW 1670000 | $23.3B | 2.1x | 23.1x |
| Evolution Mining | Australia | Metals & Mining | AUD 15 | $22.6B | 6.4x | 11.7x |
| Boliden | Sweden | Metals & Mining | SEK 650 | $22.3B | 2.2x | 10.0x |
| Lundin Mining | Canada | Metals & Mining | CAD 35 | $22.3B | 5.5x | 12.0x |
| ATI | United States of America | Metals & Mining, Industrial Parts | $144 | $20.9B | 4.5x | 24.5x |
| Lundin Gold | Canada | Metals & Mining | CAD 110 | $19.5B | 10.7x | 15.2x |
| KGHM | Poland | Metals & Mining | PLN 317 | $19.5B | 1.9x | 7.5x |
| Cerro Verde | Peru | Metals & Mining | $57 | $19.5B | 4.3x | 7.9x |
| Carpenter Technology | United States of America | Metals & Mining, Industrial Parts | $380 | $19.4B | 6.5x | 25.8x |
| Reliance | United States of America | Metals & Mining | $343 | $19.4B | 1.4x | 14.5x |
| Alamos Gold | United States of America | Metals & Mining | $45 | $18.8B | 10.1x | 16.0x |
| Norsk Hydro | Norway | Water, Metals & Mining | NOK 86 | $18.5B | 0.8x | 6.1x |
| Ivanhoe Mines | Canada | Metals & Mining | CAD 17 | $18.0B | 38.1x | 30.9x |
| China Steel | Taiwan | Metals & Mining | TWD 21 | $17.0B | 1.7x | 18.9x |
| Alcoa | United States of America | Metals & Mining | $60 | $16.4B | 1.3x | 8.4x |
| Endeavour Mining | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | £46 | $15.6B | 2.0x | 3.5x |
| Hecla Mining | United States of America | Metals & Mining | $23 | $15.3B | 11.5x | 25.1x |
| Jindal Steel | India | Metals & Mining | INR 1184 | $14.8B | 2.5x | 12.2x |
| Coeur Mining | United States of America | Metals & Mining | $22 | $14.5B | 7.1x | 14.1x |
| South32 | Australia | Metals & Mining | AUD 4 | $14.0B | 2.1x | 7.6x |
| Iamgold | United States of America | Metals & Mining | $22 | $13.6B | 5.1x | 9.9x |
| Equinox Gold | United States of America | Metals & Mining | $16 | $13.6B | 5.1x | 11.0x |
| Harmony Gold Mining Co | United States of America | Metals & Mining | $21 | $12.3B | 2.4x | 5.3x |
| Mueller Industries | United States of America | Metals & Mining, Industrial Parts | $119 | $11.9B | 2.8x | 10.8x |
| South Bow | Canada | Metals & Mining | CAD 41 | $11.6B | 5.9x | 11.3x |
| Lynas Rare Earths | Australia | Metals & Mining | AUD 16 | $11.4B | 19.9x | 54.3x |
| Commercial Metals | United States of America | Metals & Mining | $80 | $11.2B | 1.4x | 11.5x |
| Mineral Resources | Australia | Metals & Mining | AUD 52 | $11.1B | 3.1x | 11.7x |
| First Majestic Silver | United States of America | Metals & Mining | $23 | $10.9B | 9.6x | 19.1x |
| Hudbay Minerals | United States of America | Metals & Mining | $26 | $10.9B | 4.9x | 10.1x |
| Capstone Copper | Canada | Metals & Mining | CAD 16 | $10.0B | 4.3x | 10.0x |
| Metlen Energy & Metals | United Kingdom of Great Britain and Northern Ireland | Metals & Mining | €35 | $9.8B | 1.1x | 7.9x |
| Gerdau | Brazil | Metals & Mining | BRL 21 | $9.7B | 0.7x | 5.0x |
| ESAB | United States of America | Metals & Mining, Industrial Parts | $135 | $9.6B | 3.5x | 17.8x |
| Chifeng Jilong Gold | Hong Kong | Metals & Mining | HKD 41 | $9.5B | 5.2x | 10.0x |
| PLS Group | Australia | Metals & Mining | AUD 4 | $9.4B | 13.5x | 48.7x |
| Compania De Minas | United States of America | Metals & Mining | $38 | $9.4B | 6.0x | 13.5x |
| Eldorado Gold | United States of America | Metals & Mining | $45 | $9.3B | 5.4x | 10.8x |
| MP Materials | United States of America | Metals & Mining | $58 | $9.3B | 34.6x | -1732.7x |
| Aurubis | Germany | Industrial Parts, Metals & Mining | €172 | $9.2B | 0.4x | 12.7x |
| Companhia Siderurgica | Brazil | Metals & Mining | BRL 9 | $9.1B | 1.1x | 4.2x |
| New Gold | United States of America | Metals & Mining | $11 | $9.1B | 6.1x | 10.2x |
| OceanaGold | Canada | Metals & Mining | CAD 53 | $8.6B | 4.6x | 8.4x |
| G Mining Ventures | Canada | Metals & Mining | CAD 49 | $8.3B | 14.2x | 19.4x |
| Ternium | United States of America | Metals & Mining | $44 | $8.1B | 0.5x | 5.2x |
| OR Royalties | United States of America | Metals & Mining | $43 | $8.0B | 28.9x | 33.3x |
| B2Gold | United States of America | Metals & Mining | $5 | $7.5B | 2.4x | 4.1x |
Valuation multiples as of last 12 months (LTM). Stock prices as of February 16, 2026. Financial data powered by Morningstar and FactSet.
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