Are Basic Materials Stocks Lagging Buenaventura Mining (BVN) This Year?

Group 1 - Buenaventura (BVN) has shown a year-to-date return of 22.5%, significantly outperforming the Basic Materials sector average of 2.6% [4] - The Zacks Consensus Estimate for Buenaventura's full-year earnings has increased by 11.1% in the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Buenaventura currently holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable investment outlook based on earnings estimates and revisions [3] Group 2 - Buenaventura is part of the Mining - Silver industry, which has an average year-to-date gain of 36.8%, indicating that BVN is slightly underperforming its industry [6] - The Mining - Silver industry is ranked 20 in the Zacks Industry Rank, while the Mining - Gold industry, which includes Equinox Gold (EQX), is ranked 13 and has returned 18.9% year-to-date [6][5] - Equinox Gold has a year-to-date return of 18.4% and a Zacks Rank of 2 (Buy), with its EPS consensus estimate increasing by 27.7% over the past three months [5]