Are Basic Materials Stocks Lagging Centerra Gold (CGAU) This Year?

Group 1 - Centerra Gold Inc. (CGAU) is outperforming the Basic Materials sector with a year-to-date return of 17.1%, compared to the sector's average return of 0.7% [4] - The Zacks Consensus Estimate for CGAU's full-year earnings has increased by 96.8% over the past three months, indicating improved analyst sentiment [4] - Centerra Gold Inc. is ranked 2 (Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions [3] Group 2 - Centerra Gold Inc. is part of the Mining - Gold industry, which has an average year-to-date return of 15.2%, showing that CGAU is performing better than its industry peers [6] - Another stock in the Basic Materials sector, Mercer International (MERC), has a year-to-date return of 9.2% and is also ranked 2 (Buy) [5] - The Paper and Related Products industry, to which Mercer International belongs, has a year-to-date return of 9.4% [6]