Has Buenaventura Mining (BVN) Outpaced Other Basic Materials Stocks This Year?

Group 1 - Buenaventura (BVN) is a stock in the Basic Materials group that has shown strong performance, with a year-to-date return of approximately 11.9%, outperforming the sector average loss of about 7.8% [4] - The Zacks Rank for Buenaventura is 1 (Strong Buy), indicating a positive outlook, with the consensus estimate for full-year earnings having increased by 19% in the past quarter [3] - Buenaventura is part of the Mining - Silver industry, which has gained an average of 27.2% this year, although BVN is slightly underperforming its industry [5] Group 2 - The Basic Materials group consists of 235 companies and currently ranks 11 within the Zacks Sector Rank, which measures the strength of individual sector groups [2] - Another stock in the Basic Materials sector, Gold Royalty Corp. (GROY), has also outperformed the sector with a year-to-date return of 0.8% and has seen a 500% increase in its consensus EPS estimate over the past three months [4][5] - The Mining - Gold industry, to which Gold Royalty Corp. belongs, is ranked 79 and has moved up by 16.1% this year [6]