Are Basic Materials Stocks Lagging Coeur Mining (CDE) This Year?

Group 1 - Coeur Mining (CDE) is currently outperforming the Basic Materials sector with a year-to-date return of approximately 95.7%, while the sector has an average return of -2.6% [4] - The Zacks Rank for Coeur Mining is 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with a 91.7% increase in the consensus estimate for full-year earnings over the past 90 days [3] - Coeur Mining belongs to the Mining - Non Ferrous industry, which has an average year-to-date gain of 8.8%, positioning CDE as a strong performer within its industry [5] Group 2 - The Basic Materials sector includes 233 individual stocks and currently holds a Zacks Sector Rank of 14 out of 16 groups [2] - Another notable stock in the Basic Materials sector is CF Industries (CF), which has returned 10.9% year-to-date, but is still significantly behind Coeur Mining [4] - The Fertilizers industry, which includes CF Industries, has seen a decline of 16% since the beginning of the year, contrasting with the performance of Coeur Mining [6]