Has Hecla Mining (HL) Outpaced Other Basic Materials Stocks This Year?

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Hecla Mining (HL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Hecla Mining is a member of the Basic Materials sector. This group includes 233 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Hecla Mining is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for HL's full-year earnings has moved 14.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, HL has returned 19.8% so far this year. Meanwhile, the Basic Materials sector has returned an average of 7.2% on a year-to-date basis. This means that Hecla Mining is performing better than its sector in terms of year-to-date returns.DRDGOLD (DRD) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 28.7%.The consensus estimate for DRDGOLD's current year EPS has increased 18.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Hecla Mining belongs to the Mining - Silver industry, which includes 9 individual stocks and currently sits at #11 in the Zacks Industry Rank. This group has gained an average of 16.7% so far this year, so HL is performing better in this area.On the other hand, DRDGOLD belongs to the Mining - Gold industry. This 40-stock industry is currently ranked #85. The industry has moved +21.8% year to date.Investors interested in the Basic Materials sector may want to keep a close eye on Hecla Mining and DRDGOLD as they attempt to continue their solid performance.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hecla Mining Company (HL): Free Stock Analysis Report DRDGOLD Limited (DRD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks