Investors focused on the Basic Materials space have likely heard of CENTAMIN (CELTF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
CENTAMIN is a member of our Basic Materials group, which includes 239 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. CELTF is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CELTF's full-year earnings has moved 33.33% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that CELTF has returned about 20% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have lost about 7.89% on average. This means that CENTAMIN is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CELTF belongs to the Mining - Miscellaneous industry, a group that includes 46 individual stocks and currently sits at #29 in the Zacks Industry Rank. On average, this group has lost an average of 2.49% so far this year, meaning that CELTF is performing better in terms of year-to-date returns.
Going forward, investors interested in Basic Materials stocks should continue to pay close attention to CELTF as it looks to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Basic Materials space have likely heard of CENTAMIN (CELTF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
CENTAMIN is a member of our Basic Materials group, which includes 239 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. CELTF is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CELTF's full-year earnings has moved 33.33% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that CELTF has returned about 20% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have lost about 7.89% on average. This means that CENTAMIN is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CELTF belongs to the Mining - Miscellaneous industry, a group that includes 46 individual stocks and currently sits at #29 in the Zacks Industry Rank. On average, this group has lost an average of 2.49% so far this year, meaning that CELTF is performing better in terms of year-to-date returns.
Going forward, investors interested in Basic Materials stocks should continue to pay close attention to CELTF as it looks to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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