Is Idaho Strategic Resources (IDR) Outperforming Other Basic Materials Stocks This Year?

Group 1 - Idaho Strategic Resources, Inc. (IDR) is a notable stock within the Basic Materials group, which consists of 236 companies, currently ranked 15 in the Zacks Sector Rank [2] - IDR has a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3] - Year-to-date, IDR has returned 90.3%, significantly outperforming the Basic Materials sector average return of -2.2% [4] Group 2 - IDR belongs to the Mining - Gold industry, which includes 37 stocks and is currently ranked 140 in the Zacks Industry Rank, with an average gain of 48.7% year-to-date [6] - Another outperforming stock in the Basic Materials sector is Perimeter Solutions, SA (PRM), which has returned 146.7% year-to-date, with a Zacks Rank of 1 (Strong Buy) [5] - The Chemical - Specialty industry, where Perimeter Solutions operates, has seen a decline of -16.7% since the beginning of the year, contrasting with the performance of IDR [7]