Group 1 - Triple Flag Precious Metals (TFPM) has shown significant year-to-date performance, gaining approximately 97.5%, outperforming the Basic Materials sector, which has averaged a gain of about 19.4% [4] - TFPM currently holds a Zacks Rank of 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook [3][4] - The Zacks Consensus Estimate for TFPM's full-year earnings has increased by 10.6% in the past quarter, reflecting improving analyst sentiment [4] Group 2 - TFPM is part of the Mining - Gold industry, which includes 41 individual stocks and currently ranks 46 in the Zacks Industry Rank [6] - Another stock in the same industry, US Gold Corp (USAU), has also outperformed the sector with a year-to-date return of 137.4% and a Zacks Rank of 2 (Buy) [5][6] - Both TFPM and US Gold Corp are expected to continue their strong performance, making them noteworthy for investors interested in Basic Materials stocks [6]
Are Basic Materials Stocks Lagging Triple Flag Precious Metals Corp. (TFPM) This Year?