Has Solaris Resources Inc. (SLSR) Outpaced Other Basic Materials Stocks This Year?

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Solaris Resources Inc. (SLSR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Solaris Resources Inc. is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #11. 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. Solaris Resources Inc. is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for SLSR's full-year earnings has moved 7.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, SLSR has returned 12.1% so far this year. Meanwhile, stocks in the Basic Materials group have lost about 8.7% on average. As we can see, Solaris Resources Inc. is performing better than its sector in the calendar year.Vizsla Silver Corp. (VZLA) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 14%.The consensus estimate for Vizsla Silver Corp.'s current year EPS has increased 26.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Solaris Resources Inc. belongs to the Mining - Miscellaneous industry, which includes 60 individual stocks and currently sits at #84 in the Zacks Industry Rank. On average, stocks in this group have lost 20.7% this year, meaning that SLSR is performing better in terms of year-to-date returns.Vizsla Silver Corp. however, belongs to the Mining - Silver industry. Currently, this 9-stock industry is ranked #10. The industry has moved +28.9% so far this year.Investors interested in the Basic Materials sector may want to keep a close eye on Solaris Resources Inc. and Vizsla Silver Corp. 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 Solaris Resources Inc. (SLSR): Free Stock Analysis Report Vizsla Silver Corp. (VZLA): 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