We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Avino Silver (ASM) Outpaced Other Basic Materials Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Avino Silver (ASM - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Avino Silver is a member of our Basic Materials group, which includes 238 different companies and currently sits at #13 in the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Avino Silver is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASM's full-year earnings has moved 126.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ASM has returned about 288.2% since the start of the calendar year. At the same time, Basic Materials stocks have gained an average of 12.5%. As we can see, Avino Silver is performing better than its sector in the calendar year.
Another stock in the Basic Materials sector, Aris Mining Corporation (ARMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 105.4%.
For Aris Mining Corporation, the consensus EPS estimate for the current year has increased 23.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Avino Silver belongs to the Mining - Silver industry, which includes 10 individual stocks and currently sits at #8 in the Zacks Industry Rank. On average, stocks in this group have gained 35.9% this year, meaning that ASM is performing better in terms of year-to-date returns.
On the other hand, Aris Mining Corporation belongs to the Mining - Gold industry. This 39-stock industry is currently ranked #52. The industry has moved +57.2% year to date.
Investors interested in the Basic Materials sector may want to keep a close eye on Avino Silver and Aris Mining Corporation as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Avino Silver (ASM) 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. Is Avino Silver (ASM - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Avino Silver is a member of our Basic Materials group, which includes 238 different companies and currently sits at #13 in the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Avino Silver is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASM's full-year earnings has moved 126.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ASM has returned about 288.2% since the start of the calendar year. At the same time, Basic Materials stocks have gained an average of 12.5%. As we can see, Avino Silver is performing better than its sector in the calendar year.
Another stock in the Basic Materials sector, Aris Mining Corporation (ARMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 105.4%.
For Aris Mining Corporation, the consensus EPS estimate for the current year has increased 23.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Avino Silver belongs to the Mining - Silver industry, which includes 10 individual stocks and currently sits at #8 in the Zacks Industry Rank. On average, stocks in this group have gained 35.9% this year, meaning that ASM is performing better in terms of year-to-date returns.
On the other hand, Aris Mining Corporation belongs to the Mining - Gold industry. This 39-stock industry is currently ranked #52. The industry has moved +57.2% year to date.
Investors interested in the Basic Materials sector may want to keep a close eye on Avino Silver and Aris Mining Corporation as they attempt to continue their solid performance.