Group 1 - Franco-Nevada (FNV) is outperforming its peers in the Basic Materials sector with a year-to-date return of 58.6%, compared to the sector average of 20.8% [4] - The Zacks Rank for Franco-Nevada is 1 (Strong Buy), indicating a positive earnings outlook with a 6.4% increase in the consensus estimate for full-year earnings over the past 90 days [3] - The Mining - Gold industry, which includes Franco-Nevada, has seen stocks gain about 102.1% this year, indicating that FNV is slightly underperforming its industry group [5] Group 2 - Avino Silver (ASM) has significantly outperformed the sector with a return of 443.7% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Mining - Silver industry, to which Avino Silver belongs, is ranked 5 and has moved +99.6% so far this year [6] - Investors should continue to monitor both Franco-Nevada and Avino Silver for potential sustained performance in the Basic Materials sector [6]
Has FrancoNevada (FNV) Outpaced Other Basic Materials Stocks This Year?