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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Southern Copper | United States of America | Metals & Mining | $198 | $166B | 12.7x | 21.5x |
| Newmont | United States of America | Metals & Mining | $126 | $137B | 6.2x | 10.4x |
| 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 |
| Anglogold Ashanti | United States of America | Metals & Mining | $110 | $55.2B | 5.6x | 9.8x |
| Nucor | United States of America | Metals & Mining | $183 | $46.4B | 1.4x | 10.7x |
| Steel Dynamics | United States of America | Metals & Mining | $192 | $31.4B | 1.7x | 14.3x |
| 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 |
| ATI | United States of America | Metals & Mining, Industrial Parts | $144 | $20.9B | 4.5x | 24.5x |
| 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 |
| Alcoa | United States of America | Metals & Mining | $60 | $16.4B | 1.3x | 8.4x |
| Hecla Mining | United States of America | Metals & Mining | $23 | $15.3B | 11.5x | 25.1x |
| Coeur Mining | United States of America | Metals & Mining | $22 | $14.5B | 7.1x | 14.1x |
| 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 |
| Commercial Metals | United States of America | Metals & Mining | $80 | $11.2B | 1.4x | 11.5x |
| 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 |
| ESAB | United States of America | Metals & Mining, Industrial Parts | $135 | $9.6B | 3.5x | 17.8x |
| 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 |
| New Gold | United States of America | Metals & Mining | $11 | $9.1B | 6.1x | 10.2x |
| 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 |
| Triple Flag Precious | United States of America | Metals & Mining | $36 | $7.5B | 19.5x | 23.8x |
| Orla Mining | United States of America | Metals & Mining | $17 | $6.0B | 6.2x | 11.6x |
| SSR Mining | United States of America | Metals & Mining | $28 | $5.6B | 3.6x | 9.6x |
| Constellium | United States of America | Metals & Mining | $23 | $5.2B | 0.6x | 7.7x |
| Century Aluminum | United States of America | Metals & Mining | $46 | $4.8B | 1.9x | 11.2x |
| Peabody Energy | United States of America | Metals & Mining | $34 | $4.0B | 1.1x | 8.7x |
| Seabridge Gold | United States of America | Metals & Mining | $34 | $4.0B | N/A | -382.5x |
| Skeena Resources | United States of America | Metals & Mining | $33 | $4.0B | N/A | N/A |
| Ero Copper | United States of America | Metals & Mining | $31 | $3.8B | 4.8x | 9.1x |
| Endeavour Silver | United States of America | Metals & Mining | $12 | $3.6B | 7.8x | 42.3x |
| Kaiser Aluminum | United States of America | Metals & Mining | $140 | $3.3B | 1.0x | 11.3x |
| Centerra Gold | United States of America | Metals & Mining | $19 | $3.3B | 2.4x | 6.4x |
| Fortuna Mining | United States of America | Metals & Mining | $11 | $3.2B | 3.0x | 5.1x |
| Perpetua Resources | United States of America | Metals & Mining | $29 | $3.1B | N/A | -51.4x |
| Nexa Res | United States of America | Metals & Mining | $12 | $3.1B | 1.1x | 4.3x |
| Hycroft Mining Holding | United States of America | Metals & Mining | $36 | $2.9B | N/A | -89.2x |
| Worthington Steel | United States of America | Metals & Mining | $47 | $2.6B | 0.8x | 10.7x |
| TMC The Metals Co | United States of America | Metals & Mining | $6 | $2.4B | N/A | -21.9x |
| Compass Minerals Intl | United States of America | Metals & Mining | $24 | $1.9B | 1.5x | 9.1x |
| Sigma Lithium | United States of America | Metals & Mining | $13 | $1.6B | 10.3x | 159.1x |
| McEwen | United States of America | Metals & Mining | $26 | $1.6B | 7.8x | 26.3x |
| Lithium Americas | United States of America | Metals & Mining | $5 | $1.4B | N/A | -49.8x |
| Lithium Argentina | United States of America | Metals & Mining | $7 | $1.3B | N/A | -10.5x |
| Critical Metals | United States of America | Metals & Mining | $9 | $1.1B | N/A | -57.0x |
| Ferroglobe | United States of America | Metals & Mining | $5 | $1.1B | 0.8x | 61.3x |
| Algoma Steel Group | United States of America | Metals & Mining | $5 | $1.1B | N/A | N/A |
| Osisko Development | United States of America | Metals & Mining | $4 | $906M | N/A | N/A |
| NWPX Infrastructure | United States of America | Metals & Mining | $75 | $846M | 1.6x | 12.5x |
| Olympic Steel | United States of America | Metals & Mining | $48 | $814M | N/A | N/A |
| Metallus | United States of America | Metals & Mining | $21 | $686M | 0.6x | 7.9x |
| NioCorp Developments | United States of America | Metals & Mining | $6 | $421M | N/A | -26.5x |
| Lifezone Metals | United States of America | Metals & Mining | $4 | $387M | 454.4x | -27.8x |
| Vox Royalty | United States of America | Metals & Mining | $5 | $365M | 23.6x | 41.2x |
| Nouveau Monde Graphite | United States of America | Metals & Mining | $2 | $321M | N/A | -4.7x |
| U.S. Gold | United States of America | Metals & Mining | $16 | $257M | N/A | -17.2x |
| Friedman Indus | United States of America | Metals & Mining | $19 | $231M | N/A | N/A |
| Largo | United States of America | Metals & Mining | $2 | $224M | 1.9x | N/A |
| US Goldmining | United States of America | Metals & Mining | $12 | $151M | N/A | N/A |
| Antioquia Gold | United States of America | Metals & Mining | $0 | $145M | N/A | N/A |
| Namib Minerals | United States of America | Metals & Mining | $3 | $144M | N/A | N/A |
| Electra Battery Materials | United States of America | Metals & Mining | $1 | $136M | N/A | -11.7x |
| Scully Royalty | United States of America | Metals & Mining | $9 | $134M | N/A | N/A |
| Ascent Industries | United States of America | Metals & Mining | $18 | $130M | N/A | N/A |
| Atlas Lithium | United States of America | Metals & Mining | $5 | $113M | 1133.6x | N/A |
| NexMetals Mining | United States of America | Metals & Mining | $3 | $111M | N/A | N/A |
| ZJK Industrial | United States of America | Metals & Mining, Industrial Parts | $2 | $110M | N/A | N/A |
| Odyssey Marine Explr | United States of America | Metals & Mining | $2 | $97.1M | N/A | N/A |
| Hongli Group | United States of America | Metals & Mining | $1 | $97.1M | N/A | N/A |
| FST | United States of America | Metals & Mining | $1 | $78.9M | N/A | N/A |
| Mingteng International | United States of America | Metals & Mining | $2 | $2.0M | N/A | N/A |
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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