Are Basic Materials Stocks Lagging New Pacific Metals (NEWP) This Year?
ZACKS·2025-12-26 15:41

Core Viewpoint - New Pacific Metals Corp. (NEWP) has significantly outperformed its peers in the Basic Materials sector, with a year-to-date gain of approximately 218.6% compared to the sector average of 32.9% [4]. Company Performance - New Pacific Metals Corp. is currently ranked 2 (Buy) in the Zacks Rank system, indicating a positive earnings outlook [3]. - The Zacks Consensus Estimate for NEWP's full-year earnings has increased by 20% over the past quarter, reflecting improved analyst sentiment [4]. - NEWP is part of the Mining - Miscellaneous industry, which has seen an average gain of 38.8% this year, further highlighting NEWP's strong performance within its industry [6]. Sector and Industry Context - The Basic Materials sector, which includes 241 individual stocks, is ranked 14 in the Zacks Sector Rank [2]. - Another stock in the Basic Materials sector, NWPX Infrastructure, has also shown strong performance with a year-to-date increase of 34.1% and a Zacks Rank of 2 (Buy) [5]. - The Steel - Specialty industry, where NWPX Infrastructure belongs, has gained 74.9% since the beginning of the year, ranking 64 in the Zacks Industry Rank [7].