Is Aris Mining Corporation (ARMN) Stock Outpacing Its Basic Materials Peers This Year?

Company Overview - Aris Mining Corporation (ARMN) is part of the Basic Materials sector, which includes 232 companies and is currently ranked 16 in the Zacks Sector Rank [2] - ARMN has a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [3] Performance Metrics - Year-to-date, ARMN has returned 28.9%, significantly outperforming the average gain of 8% for Basic Materials stocks [4] - In comparison to its specific industry, Mining - Gold, which has an average gain of 32% this year, ARMN is slightly underperforming [5] Industry Context - The Mining - Gold industry consists of 41 companies and is currently ranked 161 in the Zacks Industry Rank [5] - Another company in the Basic Materials sector, Vox Royalty Corp. (VOXR), has returned 15.8% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Mining - Miscellaneous industry, to which VOXR belongs, has seen a year-to-date increase of 7.3% and consists of 59 companies ranked 178 [6]