Are Basic Materials Stocks Lagging Fortuna Mining Corp. (FSM) This Year?

Group 1 - Fortuna Mining (FSM) is a notable stock in the Basic Materials sector, currently outperforming its peers with a year-to-date gain of approximately 90.2%, compared to the sector average of 23.4% [4] - FSM holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions, with a 2% increase in the consensus estimate for full-year earnings over the past three months [3] - The Mining - Miscellaneous industry, which includes FSM, has an average gain of 27.8% this year, further highlighting FSM's strong performance within its specific industry [6] Group 2 - Integra Resources Corp. (ITRG) is another stock in the Basic Materials sector that has shown exceptional performance, with a year-to-date return of 232.2% [4] - ITRG also holds a Zacks Rank of 2 (Buy), with a significant 55.9% increase in the consensus EPS estimate over the past three months [5] - Both Fortuna Mining and Integra Resources Corp. are recommended for investors interested in Basic Materials stocks due to their solid performance [7]