Group 1 - OR Royalties (OR) is currently outperforming its peers in the Basic Materials sector, with a year-to-date gain of approximately 76.2% compared to the sector's average return of 18.6% [4] - The Zacks Rank for OR Royalties is 1 (Strong Buy), indicating a strong potential for outperformance based on earnings estimate revisions and improving earnings outlooks [3] - Over the past 90 days, the Zacks Consensus Estimate for OR's full-year earnings has increased by 8.1%, reflecting stronger analyst sentiment [4] Group 2 - OR Royalties is part of the Mining - Miscellaneous industry, which consists of 68 individual stocks and currently ranks 81 in the Zacks Industry Rank [6] - The Mining - Miscellaneous industry has seen an average gain of 21.2% this year, indicating that OR Royalties is performing better than the industry average [6] - Another stock in the Basic Materials sector, Rio Tinto (RIO), has also shown strong performance with a year-to-date return of 19.9% and a Zacks Rank of 2 (Buy) [5]
Is OR Royalties Inc. (OR) Outperforming Other Basic Materials Stocks This Year?