Is New Gold (NGD) Outperforming Other Basic Materials Stocks This Year?

Within the past quarter, the Zacks Consensus Estimate for NGD's full-year earnings has moved 68.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Breaking things down more, New Gold is a member of the Mining - Gold industry, which includes 37 individual companies and currently sits at #48 in the Zacks Industry Rank. This group has gained an average of 17.1% so far this year, so NGD is performing better in this area. Equinox Gold is also part of th ...