Is Metalla Royalty & Streaming (MTA) Stock Outpacing Its Basic Materials Peers This Year?

Group 1 - Metalla Royalty & Streaming Ltd. (MTA) is currently outperforming its peers in the Basic Materials group, with a year-to-date return of approximately 67.7% compared to the sector average of 12.7% [4] - The Zacks Rank for MTA is 2 (Buy), indicating a positive earnings outlook and strong analyst sentiment, with full-year earnings estimates having increased by 75% in the past quarter [3][4] - The Basic Materials group is ranked 13 within the Zacks Sector Rank, which includes 16 different groups [2] Group 2 - MTA is part of the Mining - Miscellaneous industry, which consists of 64 companies and currently holds a Zacks Industry Rank of 165, with an average gain of 16.2% this year [6] - Another stock in the Basic Materials sector, McEwen (MUX), has also shown strong performance with a year-to-date return of 39.3% and a Zacks Rank of 2 (Buy) [5][6] - Investors interested in Basic Materials stocks should monitor both Metalla Royalty & Streaming Ltd. and McEwen for continued solid performance [7]