Is Coeur Mining (CDE) Stock Outpacing Its Basic Materials Peers This Year?

Group 1 - Coeur Mining (CDE) is currently outperforming its peers in the Basic Materials sector, with a year-to-date return of approximately 70.5% compared to the sector average of 11.7% [4] - The Zacks Rank for Coeur Mining is 1 (Strong Buy), indicating a positive earnings outlook and strong analyst sentiment, with a consensus estimate for full-year earnings having increased by 57.6% in the past quarter [3][4] - Coeur Mining belongs to the Mining - Non Ferrous industry, which has seen a decline of about 1.1% year-to-date, further highlighting CDE's strong performance relative to its industry [6] Group 2 - Another notable stock in the Basic Materials sector is US Gold Corp (USAU), which has achieved a year-to-date return of 82.7% and has a Zacks Rank of 2 (Buy) [5] - The Mining - Gold industry, to which US Gold Corp belongs, has performed well with a year-to-date increase of 69%, although it is ranked 55 in the Zacks Industry Rank [6] - Investors interested in Basic Materials stocks should monitor both Coeur Mining and US Gold Corp for continued strong performance [7]