Is Gold Royalty (GROY) Outperforming Other Basic Materials Stocks This Year?

Company Performance - Gold Royalty Corp. (GROY) has returned 23.1% year-to-date, outperforming the Basic Materials sector, which has gained an average of 7.4% [4] - The Zacks Consensus Estimate for GROY's full-year earnings has increased by 40% over the past quarter, indicating improved analyst sentiment and earnings outlook [3] - GROY belongs to the Mining - Gold industry, which includes 40 companies and currently ranks 79 in the Zacks Industry Rank; this industry has gained about 22.2% year-to-date, showing GROY's superior performance within its group [6] Sector Overview - The Basic Materials sector includes 233 individual stocks and holds a Zacks Sector Rank of 11 out of 16 groups, indicating its relative performance [2] - Another stock in the Basic Materials sector, Orla Mining Ltd. (ORLA), has also outperformed the sector with a year-to-date return of 24.7% [4] - ORLA's consensus EPS estimate for the current year has increased by 76.5% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [5]