Metals Mining Peer Table - Free Daily Edition for 20 Jan 2025 (intraday TSX)

Compilation of publicly available information covering 9 important metals and more than 400 metals mining stocks listed globally, including the mineral resource holdings for all 400+ companies and project NPV information for some 140+ developers, all retrieved from the companies' published technical reports.

Author

Host Rock Capital
January 20, 2025

As shown in below attached Daily Peer Table, today’s metals price movements include:

  • Silver up +0.9% today to $30.60/oz Ag

  • Palladium down -2.0% to $928/oz Pd

  • Copper down -1.3% to $4.27/lb Cu

Also shown in below attached Peer Table, today’s metals mining peer group movers inlcuded:

  • Nickel producers peer group median share performance up +2.3% today to median market cap/lb resource of $0.15/lb NiEq ($55/oz AuEq)

  • PGM developers median is down 2.5% to median market cap/oz of $3.9/oz PdEq ($10/oz AuEq) and to a median P/NAV of 0.14x (at our Reference palladium price of $1,800/oz Pd).

Metals mining company announcements incorporated into today’s Peer Table (resource updates, economic studies, changes in attributable project ownership) include:

  • 20 Jan 2025 - American Pacific Mining (CSE:USGD) announced a resource update for its 100%-owned Palmer Copper-polymetallic project in Alaska. The update grew USGD’s copper-equivlent resources by just over 8% to to 1.2 Blbs CuEq (27% from Cu). USGD trades at P/NAV (taken as market cap / NPV from company’s 2019 PEA) of only 0.05x - a 58% discount to our copper devleoper peer group (28 company) median of 0.12x (all adjusted for our Reference copper price of $3.50/lb Cu according to NPV sensitivity analysis provided by each company in each economic study), depsite the Palmer project’s relatively high resource grades of both Cu and Zn.

Metals Mining Peer Table - Free Daily 20 Jan 2025 (intraday TSX).pdf1.96 MB • PDF File