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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Southern Copper | United States of America | Metals & Mining | $142 | $120B | 9.4x | 16.0x |
| Newmont | United States of America | Metals & Mining | $98 | $107B | 4.9x | 8.3x |
| Howmet Aerospace | United States of America | Defense Systems, Industrial Parts, Metals & Mining | $198 | $82.6B | 10.1x | 34.9x |
| Freeport-McMoRan | United States of America | Metals & Mining | $47 | $73.0B | 2.9x | 7.9x |
| Nucor | United States of America | Metals & Mining | $165 | $41.9B | 1.3x | 9.6x |
| Anglogold Ashanti | United States of America | Metals & Mining | $83 | $41.6B | 4.3x | 7.6x |
| Steel Dynamics | United States of America | Metals & Mining | $172 | $28.1B | 1.5x | 12.6x |
| Pan American Silver | United States of America | Metals & Mining | $50 | $20.9B | 6.0x | 12.5x |
| Royal Gold | United States of America | Metals & Mining | $219 | $19.1B | 18.6x | 22.7x |
| Industrias Penoles | United States of America | Metals & Mining | $44 | $18.1B | 0.1x | 0.3x |
| Reliance | United States of America | Metals & Mining | $292 | $16.7B | 1.2x | 12.4x |
| Carpenter Technology | United States of America | Metals & Mining, Industrial Parts | $322 | $16.5B | 5.5x | 22.2x |
| ATI | United States of America | Metals & Mining, Industrial Parts | $109 | $16.3B | 3.6x | 19.3x |
| Alamos Gold | United States of America | Metals & Mining | $38 | $15.9B | 8.6x | 13.8x |
| Alcoa | United States of America | Metals & Mining | $46 | $13.0B | 1.0x | 6.9x |
| Hecla Mining | United States of America | Metals & Mining | $19 | $12.7B | 9.7x | 21.5x |
| Equinox Gold | United States of America | Metals & Mining | $15 | $12.7B | 4.8x | 11.1x |
| Harmony Gold Mining Co | United States of America | Metals & Mining | $21 | $12.5B | 2.5x | 5.8x |
| Mueller Industries | United States of America | Metals & Mining, Industrial Parts | $114 | $11.4B | 2.7x | N/A |
| Coeur Mining | United States of America | Metals & Mining | $17 | $11.2B | 5.6x | 11.2x |
| Iamgold | United States of America | Metals & Mining | $16 | $9.9B | 3.7x | 7.4x |
| MP Materials | United States of America | Metals & Mining | $57 | $9.1B | 33.4x | -1984.7x |
| ESAB | United States of America | Metals & Mining, Industrial Parts | $116 | $8.3B | 3.1x | 15.4x |
| Commercial Metals | United States of America | Metals & Mining | $71 | $8.1B | 1.0x | 8.6x |
| Hudbay Minerals | United States of America | Metals & Mining | $19 | $7.9B | 3.6x | 7.0x |
| First Majestic Silver | United States of America | Metals & Mining | $16 | $7.5B | 6.7x | 13.7x |
| Eldorado Gold | United States of America | Metals & Mining | $35 | $7.2B | 4.2x | 8.4x |
| Triple Flag Precious | United States of America | Metals & Mining | $35 | $7.1B | 18.8x | 23.0x |
| Ternium | United States of America | Metals & Mining | $38 | $7.0B | 0.4x | 4.0x |
| New Gold | United States of America | Metals & Mining | $8 | $6.9B | 4.8x | 8.0x |
| OR Royalties | United States of America | Metals & Mining | $36 | $6.7B | 24.6x | 28.5x |
| Compania De Minas | United States of America | Metals & Mining | $26 | $6.5B | 4.3x | N/A |
| B2Gold | United States of America | Metals & Mining | $5 | $6.4B | 2.1x | 3.6x |
| Constellium | United States of America | Metals & Mining | $18 | $4.5B | 0.6x | 6.7x |
| Orla Mining | United States of America | Metals & Mining | $13 | $4.5B | 4.8x | 9.0x |
| SSR Mining | United States of America | Metals & Mining | $22 | $4.4B | 2.9x | 7.8x |
| Seabridge Gold | United States of America | Metals & Mining | $30 | $3.5B | N/A | -326.0x |
| Century Aluminum | United States of America | Metals & Mining | $32 | $3.4B | 1.3x | 8.3x |
| Peabody Energy | United States of America | Metals & Mining | $29 | $3.3B | 0.9x | 7.0x |
| Ero Copper | United States of America | Metals & Mining | $25 | $3.2B | 4.2x | 7.9x |
| Perpetua Resources | United States of America | Metals & Mining | $29 | $3.1B | N/A | N/A |
| Skeena Resources | United States of America | Metals & Mining | $24 | $2.9B | N/A | N/A |
| Kaiser Aluminum | United States of America | Metals & Mining | $109 | $2.8B | 0.8x | 9.7x |
| Fortuna Mining | United States of America | Metals & Mining | $10 | $2.8B | 2.6x | 4.5x |
| Endeavour Silver | United States of America | Metals & Mining | $9 | $2.7B | 6.2x | 34.4x |
| TMC The Metals Co | United States of America | Metals & Mining | $7 | $2.6B | N/A | -30.7x |
| Nexa Res | United States of America | Metals & Mining | $8 | $2.5B | 0.9x | 3.6x |
| Centerra Gold | United States of America | Metals & Mining | $14 | $2.3B | 1.7x | 4.6x |
| Worthington Steel | United States of America | Metals & Mining | $36 | $2.1B | 0.6x | 8.5x |
| Lithium Americas | United States of America | Metals & Mining | $5 | $1.6B | N/A | -48.8x |
| Compass Minerals Intl | United States of America | Metals & Mining | $17 | $1.5B | 1.2x | 7.4x |
| Sigma Lithium | United States of America | Metals & Mining | $11 | $1.4B | 8.8x | 133.3x |
| McEwen | United States of America | Metals & Mining | $19 | $1.1B | 5.5x | 18.6x |
| Hycroft Mining Holding | United States of America | Metals & Mining | $13 | $1.1B | 77.1x | -32.3x |
| Critical Metals | United States of America | Metals & Mining | $9 | $1.1B | N/A | -55.3x |
| Lithium Argentina | United States of America | Metals & Mining | $5 | $1.0B | N/A | -10.7x |
| Algoma Steel Group | United States of America | Metals & Mining | $5 | $1.0B | N/A | N/A |
| Ferroglobe | United States of America | Metals & Mining | $5 | $928M | 0.7x | 39.1x |
| Osisko Development | United States of America | Metals & Mining | $4 | $842M | N/A | N/A |
| Olympic Steel | United States of America | Metals & Mining | $43 | $753M | 0.4x | 10.1x |
| NWPX Infrastructure | United States of America | Metals & Mining | $64 | $740M | 1.4x | 10.9x |
| Metallus | United States of America | Metals & Mining | $18 | $583M | 0.5x | 6.7x |
| NioCorp Developments | United States of America | Metals & Mining | $6 | $575M | N/A | -37.3x |
| Nouveau Monde Graphite | United States of America | Metals & Mining | $3 | $424M | N/A | N/A |
| Vox Royalty | United States of America | Metals & Mining | $5 | $360M | 23.6x | 41.5x |
| Lifezone Metals | United States of America | Metals & Mining | $4 | $358M | 438.0x | -23.4x |
| U.S. Gold | United States of America | Metals & Mining | $17 | $242M | N/A | -16.2x |
| Friedman Indus | United States of America | Metals & Mining | $20 | $232M | N/A | N/A |
| Largo | United States of America | Metals & Mining | $1 | $183M | 1.5x | -182.7x |
| Gulf Island Fabrication | United States of America | Metals & Mining | $12 | $146M | 0.9x | 17.1x |
| Antioquia Gold | United States of America | Metals & Mining | $0 | $145M | N/A | N/A |
| ZJK Industrial | United States of America | Metals & Mining, Industrial Parts | $2 | $142M | N/A | N/A |
| Electra Battery Materials | United States of America | Metals & Mining | $1 | $139M | N/A | N/A |
| Odyssey Marine Explr | United States of America | Metals & Mining | $2 | $136M | N/A | N/A |
| US Goldmining | United States of America | Metals & Mining | $10 | $128M | N/A | N/A |
| NexMetals Mining | United States of America | Metals & Mining | $4 | $117M | N/A | N/A |
| Ascent Industries | United States of America | Metals & Mining | $16 | $109M | 0.6x | N/A |
| Hongli Group | United States of America | Metals & Mining | $1 | $104M | N/A | N/A |
| Atlas Lithium | United States of America | Metals & Mining | $4 | $102M | N/A | N/A |
| Scully Royalty | United States of America | Metals & Mining | $6 | $92.0M | N/A | N/A |
| FST | United States of America | Metals & Mining | $1 | $90.6M | N/A | N/A |
| Namib Minerals | United States of America | Metals & Mining | $1 | $66.6M | N/A | N/A |
| Mingteng International | United States of America | Metals & Mining | $1 | $19.6M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 14, 2025. Financial data powered by Morningstar and FactSet.
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