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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| BHP Group | Australia | Metals & Mining | AUD 44 | $157B | 3.1x | 6.0x |
| Rio Tinto Ltd | Australia | Metals & Mining | AUD 133 | $155B | 2.8x | 6.7x |
| Fortescue | Australia | Metals & Mining | AUD 21 | $43.0B | 2.8x | 5.5x |
| Northern Star Resources | Australia | Metals & Mining | AUD 24 | $22.2B | 4.8x | 8.9x |
| Evolution Mining | Australia | Metals & Mining | AUD 10 | $14.5B | 4.7x | 8.9x |
| Lynas Rare Earths | Australia | Metals & Mining | AUD 15 | $10.0B | 20.4x | 62.4x |
| South32 | Australia | Metals & Mining | AUD 3 | $9.3B | 1.6x | 5.4x |
| Mineral Resources | Australia | Metals & Mining | AUD 42 | $8.9B | 2.9x | 12.4x |
| Pilbara Minerals | Australia | Metals & Mining | AUD 3 | $6.4B | 11.4x | 60.3x |
| Sandfire Resources | Australia | Metals & Mining | AUD 16 | $4.9B | 3.9x | 8.4x |
| Genesis Minerals | Australia | Metals & Mining | AUD 6 | $4.2B | 5.7x | 10.8x |
| Ramelius Resources | Australia | Metals & Mining | AUD 3 | $3.7B | 4.9x | 7.4x |
| Perseus Mining | Australia | Metals & Mining | AUD 5 | $3.4B | 2.6x | 4.6x |
| Capricorn Metals | Australia | Metals & Mining | AUD 12 | $3.2B | 8.8x | 14.4x |
| Westgold Resources | Australia | Metals & Mining | AUD 5 | $3.0B | 2.9x | 6.5x |
| Nickel Industries | Australia | Metals & Mining | AUD 1 | $2.9B | 1.8x | 9.9x |
| Vault Minerals | Australia | Metals & Mining | AUD 1 | $2.8B | 2.8x | 6.3x |
| Regis Resources | Australia | Metals & Mining | AUD 6 | $2.7B | 2.3x | 4.6x |
| IGO | Australia | Metals & Mining | AUD 5 | $2.5B | 7.8x | 148.5x |
| Liontown Resources | Australia | Metals & Mining | AUD 1 | $2.4B | 10.4x | 86.6x |
| West African Resources | Australia | Metals & Mining | AUD 3 | $2.4B | 2.7x | 4.4x |
| Sims | Australia | Metals & Mining | AUD 16 | $2.4B | 0.5x | 8.1x |
| Greatland Resources | Australia | Metals & Mining | AUD 7 | $2.3B | 5.8x | 11.0x |
| Iluka Resources | Australia | Metals & Mining | AUD 7 | $2.2B | 3.4x | 10.1x |
| Champion Iron | Australia | Metals & Mining | AUD 5 | $2.2B | 1.8x | 6.4x |
| Emerald Resources | Australia | Metals & Mining | AUD 5 | $1.9B | 5.7x | 10.7x |
| Resolute Mining | Australia | Metals & Mining | AUD 1 | $1.4B | 1.6x | 3.6x |
| Ora Banda Mining | Australia | Metals & Mining | AUD 1 | $1.4B | 4.0x | 8.1x |
| Pantoro Gold | Australia | Metals & Mining | AUD 5 | $1.2B | 4.4x | 7.8x |
| Bellevue Gold | Australia | Metals & Mining | AUD 1 | $1.2B | 3.3x | 7.5x |
| Catalyst Metals | Australia | Metals & Mining | AUD 7 | $978M | 3.0x | 6.2x |
| Brazilian Rare Earths | Australia | Metals & Mining | AUD 6 | $959M | 3232.7x | -42.5x |
| Alkane Resources | Australia | Metals & Mining | AUD 1 | $913M | 3.2x | 7.2x |
| Predictive Discovery | Australia | Metals & Mining | AUD 1 | $911M | N/A | -101.8x |
| BCI Minerals | Australia | Metals & Mining | AUD 0 | $901M | N/A | -27.4x |
| Develop Global | Australia | Metals & Mining | AUD 4 | $829M | 4.3x | 21.6x |
| WA1 Resources | Australia | Metals & Mining | AUD 17 | $794M | N/A | -135.6x |
| FireFly Metals | Australia | Metals & Mining | AUD 2 | $726M | N/A | -93.0x |
| Dateline Resources | Australia | Metals & Mining | AUD 0 | $704M | N/A | N/A |
| Kingsgate Consolidated | Australia | Metals & Mining | AUD 3 | $637M | 2.4x | 6.7x |
| Coronado Global Resources | Australia | Metals & Mining | AUD 0 | $625M | 0.3x | 316.3x |
| Arafura Rare Earths | Australia | Metals & Mining | AUD 0 | $555M | N/A | -18.1x |
| Syrah Resources | Australia | Metals & Mining | AUD 0 | $520M | 17.9x | -9.5x |
| Magnetic Resources | Australia | Metals & Mining | AUD 3 | $478M | 5541.9x | -58.8x |
| Chalice Mining | Australia | Metals & Mining | AUD 2 | $457M | 22207.9x | -32.6x |
| Black Cat Syndicate | Australia | Metals & Mining | AUD 1 | $446M | 18.4x | N/A |
| Focus Minerals | Australia | Metals & Mining | AUD 3 | $439M | N/A | N/A |
| 29Metals | Australia | Metals & Mining | AUD 0 | $418M | 1.2x | 6.0x |
| Santana Minerals | Australia | Metals & Mining | AUD 1 | $389M | N/A | -86.4x |
| St Barbara | Australia | Metals & Mining | AUD 1 | $373M | 2.2x | -344.9x |
| Larvotto Resources | Australia | Metals & Mining | AUD 1 | $361M | 615.6x | N/A |
| Sunrise Energy Metals | Australia | Metals & Mining | AUD 4 | $351M | -227.7x | -35.2x |
| Minerals 260 | Australia | Metals & Mining | AUD 0 | $349M | N/A | -33.0x |
| Aeris Resources | Australia | Metals & Mining | AUD 1 | $346M | 0.9x | 2.8x |
| Meeka Metals | Australia | Metals & Mining | AUD 0 | $345M | 5.9x | 9.9x |
| Lindian Resources | Australia | Metals & Mining | AUD 0 | $339M | 1879.6x | -82.4x |
| Metro Mining | Australia | Metals & Mining | AUD 0 | $336M | 1.3x | 5.7x |
| Metals X | Australia | Metals & Mining | AUD 1 | $334M | 2.0x | N/A |
| Jupiter Mines | Australia | Metals & Mining | AUD 0 | $324M | 65.4x | 9.4x |
| Metallium | Australia | Metals & Mining | AUD 1 | $323M | N/A | N/A |
| Meteoric Resources | Australia | Metals & Mining | AUD 0 | $311M | 574.3x | -17.4x |
| Wia Gold | Australia | Metals & Mining | AUD 0 | $307M | 3549.9x | -79.0x |
| Turaco Gold | Australia | Metals & Mining | AUD 0 | $292M | N/A | -23.6x |
| Ioneer | Australia | Metals & Mining | AUD 0 | $288M | 679.1x | -34.7x |
| Lotus Resources | Australia | Metals & Mining | AUD 0 | $286M | 17.3x | -27.9x |
| Fenix Resources | Australia | Metals & Mining | AUD 1 | $275M | 1.0x | 5.2x |
| Tivan | Australia | Metals & Mining | AUD 0 | $272M | N/A | N/A |
| Strickland Metals | Australia | Metals & Mining | AUD 0 | $256M | N/A | -76.1x |
| Northern Minerals | Australia | Metals & Mining | AUD 0 | $250M | 223.6x | -18.2x |
| Sovereign Metals | Australia | Metals & Mining | AUD 1 | $242M | 363.2x | -11.5x |
| ST George Mining | Australia | Metals & Mining | AUD 0 | $240M | 2552.9x | -31.0x |
| Canyon Resources | Australia | Metals & Mining | AUD 0 | $236M | 205.1x | -31.8x |
| Silver Mines | Australia | Metals & Mining | AUD 0 | $231M | N/A | N/A |
| Polymetals Resources | Australia | Metals & Mining | AUD 1 | $229M | 246935.3x | N/A |
| Tribune Resources | Australia | Metals & Mining | AUD 7 | $228M | N/A | N/A |
| European Lithium | Australia | Metals & Mining | AUD 0 | $225M | N/A | N/A |
| Nova Minerals | Australia | Metals & Mining | AUD 1 | $217M | N/A | N/A |
| AIC Mines | Australia | Metals & Mining | AUD 0 | $210M | 1.6x | 4.5x |
| Antipa Minerals | Australia | Metals & Mining | AUD 1 | $206M | 215.2x | -34.3x |
| Ausgold | Australia | Metals & Mining | AUD 1 | $204M | 778.0x | N/A |
| New Murchison Gold | Australia | Metals & Mining | AUD 0 | $197M | 16.5x | 237.4x |
| Astron | Australia | Metals & Mining | AUD 1 | $190M | 25.9x | -73.2x |
| Andean Silver | Australia | Metals & Mining | AUD 2 | $189M | 309.9x | N/A |
| Aurelia Metals | Australia | Metals & Mining | AUD 0 | $187M | 0.8x | 2.4x |
| Brightstar Resources | Australia | Metals & Mining | AUD 0 | $186M | 3.1x | 13.5x |
| Ecograf | Australia | Metals & Mining | AUD 1 | $186M | N/A | N/A |
| Astral Resources | Australia | Metals & Mining | AUD 0 | $185M | 538.9x | -51.6x |
| Core Lithium | Australia | Metals & Mining | AUD 0 | $185M | -1617.4x | -17.1x |
| Rox Resources | Australia | Metals & Mining | AUD 0 | $182M | 183.0x | -14.9x |
| Barton Gold Holdings | Australia | Metals & Mining | AUD 1 | $171M | 44.5x | -61.0x |
| Beacon Minerals | Australia | Metals & Mining | AUD 3 | $169M | 2.0x | 6.9x |
| Challenger Gold | Australia | Metals & Mining | AUD 0 | $167M | N/A | N/A |
| Hastings Tech Metals | Australia | Metals & Mining | AUD 1 | $166M | N/A | N/A |
| Medallion Metals | Australia | Metals & Mining | AUD 0 | $165M | N/A | -63.0x |
| Warriedar Resources | Australia | Metals & Mining | AUD 0 | $162M | 1150.9x | -23.5x |
| American Rare Earths | Australia | Metals & Mining | AUD 0 | $161M | N/A | N/A |
| Unico Silver | Australia | Metals & Mining | AUD 1 | $159M | N/A | N/A |
| Centaurus Metals | Australia | Metals & Mining | AUD 0 | $156M | N/A | -20.3x |
| EQ Resources | Australia | Metals & Mining | AUD 0 | $153M | N/A | N/A |
| Encounter Resources | Australia | Metals & Mining | AUD 0 | $144M | 337.2x | -116.7x |
Valuation multiples as of last 12 months (LTM). Stock prices as of October 30, 2025. Financial data powered by Morningstar and FactSet.
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