Sectors & IndustriesBasic Materials
Best Basic Material Stocks to Buy Now (2026)
Top basic material stocks in 2026 ranked by overall Due Diligence Score. See the best basic material stocks to buy now, according to analyst forecasts for the basic materials sector.

Sector: Basic Materials
Ticker
Company
Zen Rating
Momentum
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
NEXA
NEXA RESOURCES SA
$9.56817,00033.93%10.9811.6911.969.517.2535.7310.8213.543.195.08-0.41-0.15-0.260.95
CSTM
CONSTELLIUM SE
$23.722,853,0001.06%24.8825.3024.0220.6017.4543.1629.7634.487.9414.680.160.44-0.281.40
IAG
IAMGOLD CORP
$16.8911,167,00042.87%20.2721.6520.4217.4813.3729.995.624.810.000.00-0.630.09-0.720.88
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$29.60120,000144.90%28.8530.7030.9929.7127.0546.0428.9221.9841.6928.19-0.80-0.60-0.200.59
B
BARRICK MINING CORP
$38.2829,378,00067.97%43.4346.0647.4543.4334.6326.338.959.563.466.47-1.85-1.00-0.850.55
MATV
MATIV HOLDINGS INC
$8.31562,0003.69%8.909.7911.9012.0110.7220.084.523.670.000.38-1.08-1.00-0.081.22
PAAS
PAN AMERICAN SILVER CORP
$48.3415,494,00055.73%57.1060.8659.0651.2941.9630.048.9710.080.000.64-1.78-0.17-1.610.87
ARLO
ARLO TECHNOLOGIES INC
$14.851,220,000-48.11%13.9913.7113.2114.1115.5762.8645.9544.8337.3032.990.380.320.061.57
GAU
GALIANO GOLD INC
$2.284,652,000-4.77%2.793.042.932.672.2930.345.676.891.532.88-0.13-0.02-0.110.77
SSRM
SSR MINING INC
$24.095,511,00027.57%28.6129.8826.9524.3720.8036.348.359.740.461.27-0.160.73-0.900.76
GFI
GOLD FIELDS LTD
$40.755,153,0008.35%47.9151.6451.9846.9139.2930.117.337.704.078.09-2.44-1.09-1.360.52
CMC
COMMERCIAL METALS CO
$61.151,019,000-15.72%63.2968.3573.9669.2261.9823.448.947.0617.0614.37-4.06-3.34-0.721.20
CMCL
CALEDONIA MINING CORP PLC
$22.16348,00071.43%25.2027.8828.8227.9826.9828.793.936.240.001.59-1.52-0.92-0.600.59
WS
WORTHINGTON STEEL INC
$31.36357,00013.33%33.7637.7840.1736.9633.8220.715.396.642.132.08-2.86-2.07-0.791.42
ALTO
ALTO INGREDIENTS INC
$4.52837,000-18.58%4.553.573.012.601.8668.8989.2787.7968.4774.000.540.460.091.15
KGC
KINROSS GOLD CORP
$27.4218,704,00059.29%31.1933.2033.6730.0724.7927.899.018.613.415.85-1.21-0.53-0.680.77
OR
OR ROYALTIES INC
$34.602,666,000109.26%40.7043.0042.3738.1834.8026.554.776.550.000.00-1.31-0.22-1.090.51
WPM
WHEATON PRECIOUS METALS CORP
$121.254,704,00036.74%140.63148.54142.86125.53111.6329.714.815.690.000.00-3.450.33-3.780.60
AEM
AGNICO EAGLE MINES LTD
$184.785,781,00082.25%212.18225.71213.14190.50165.1730.886.416.561.693.12-4.421.42-5.840.51
HL
HECLA MINING CO
$17.6126,757,00025.84%20.0421.6823.3919.8614.1833.0610.5911.340.902.71-1.21-0.81-0.401.21
CMT
CORE MOLDING TECHNOLOGIES INC
$20.4419,400-35.33%19.5119.3619.3519.3318.7757.0485.7175.4595.9796.850.210.020.190.62
BTG
B2GOLD CORP
$4.2159,794,00064.40%4.975.385.194.814.4629.564.654.570.000.00-0.20-0.05-0.150.71
MTX
MINERALS TECHNOLOGIES INC
$67.24211,000-42.82%68.1269.4669.1464.0462.0141.1247.5655.2736.9648.25-0.42-0.11-0.311.00
ORLA
ORLA MINING LTD
$13.373,107,00010.10%16.6018.3017.1014.7712.8228.884.625.110.001.06-0.670.03-0.700.81
TILE
INTERFACE INC
$25.15993,00073.00%27.1928.9930.7729.0526.8717.234.296.791.484.67-1.47-1.12-0.351.20
APOG
APOGEE ENTERPRISES INC
$32.65338,0003.36%33.7036.5237.7437.2839.5619.476.315.250.370.37-1.79-1.35-0.441.07
AVNT
AVIENT CORP
$32.041,312,00053.09%34.6837.8837.7234.2234.2618.941.831.600.000.36-1.61-0.80-0.811.43
HCC
WARRIOR MET COAL INC
$90.62907,00033.38%84.1284.3089.4884.5170.4059.7890.5680.00100.0096.79-0.22-1.331.110.74
TFPM
TRIPLE FLAG PRECIOUS METALS CORP
$31.801,103,00081.41%36.7138.0836.9734.3430.3430.808.1810.552.465.31-0.660.15-0.810.46
ECVT
ECOVYST INC
$11.762,913,000-7.08%11.5011.4611.1710.059.3257.5371.8771.7771.9082.210.190.150.041.02
BVN
BUENAVENTURA MINING CO INC
$31.892,805,00015.15%36.2238.0637.0331.1525.2534.218.599.123.916.12-0.790.05-0.840.55
WLKP
WESTLAKE CHEMICAL PARTNERS LP
$22.4526,000-5.11%22.2522.1021.4920.1920.9657.4170.5264.2830.7925.920.290.31-0.020.43
KALU
KAISER ALUMINUM CORP
$111.97300,00013.21%120.33125.20128.89115.4597.3033.369.148.995.827.81-3.93-2.27-1.661.36
CMP
COMPASS MINERALS INTERNATIONAL INC
$21.99800,00028.62%22.8723.6923.7521.1420.4040.5629.8929.1527.8924.88-0.34-0.11-0.231.08
CDE
COEUR MINING INC
$18.2732,706,00041.89%21.2523.1022.6319.5816.2833.169.139.515.018.00-0.86-0.21-0.651.44
SQM
CHEMICAL & MINING CO OF CHILE INC
$74.66790,00064.58%75.3174.7876.1168.0454.2349.8178.1974.5171.1071.290.320.160.161.19
FNV
FRANCO NEVADA CORP
$231.051,812,00066.24%254.98262.46251.88226.64204.6834.0910.3513.313.395.08-1.772.50-4.260.53
CGAU
CENTERRA GOLD INC
$16.525,376,00047.13%18.2818.9118.1515.5612.0038.0917.3017.568.0512.32-0.190.16-0.350.71
IOSP
INNOSPEC INC
$67.23334,00040.93%69.3173.4879.0877.2779.9120.897.126.0517.4413.54-3.69-3.13-0.560.84
TRX
TRX GOLD CORP
$1.385,973,00026.82%1.661.741.531.150.8038.038.629.210.060.62-0.020.04-0.060.56
ERO
ERO COPPER CORP
$24.131,667,00058.31%26.8329.5430.8927.5122.0030.828.537.934.568.19-1.65-1.06-0.591.35
KOP
KOPPERS HOLDINGS INC
$37.45292,000-5.81%37.6636.9633.1630.6930.5459.3559.4067.361.077.971.271.52-0.251.07
FRD
FRIEDMAN INDUSTRIES INC
$17.0826,000-71.43%17.4618.0319.0119.7719.0636.5023.9124.9230.1726.70-0.59-0.52-0.070.62
AGI
ALAMOS GOLD INC
$39.627,342,00072.96%46.8949.1344.8040.0934.6333.666.647.130.000.94-0.451.04-1.500.61
CX
CEMEX SAB DE CV
$10.307,120,000-8.14%10.5911.4312.1111.459.8933.128.629.2317.9319.03-0.55-0.44-0.111.26
AUGO
AURA MINERALS INC
$66.471,828,00092.42%77.8980.6471.3056.09N/A39.0314.7815.785.676.990.582.89-2.311.29
AA
ALCOA CORP
$58.6510,553,000122.54%63.2962.7561.7552.7242.1043.2153.9667.1538.6458.520.801.06-0.261.64
EQX
EQUINOX GOLD CORP
$12.4113,474,00024.97%15.1416.4715.7514.4011.3428.762.603.220.312.42-0.64-0.09-0.550.85
ARLP
ALLIANCE RESOURCE PARTNERS LP
$28.43757,000347.93%27.3927.0625.6424.8124.9873.6272.7071.5659.7351.020.620.600.020.53
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$133.253,712,00013.21%132.68137.63129.29123.20114.8647.6925.5021.1120.3215.27-0.190.99-1.181.07
SSL
SASOL LTD
$12.402,906,000-9.72%10.839.758.227.356.5182.5694.0795.6795.6197.461.130.840.290.97
GPRE
GREEN PLAINS INC
$16.511,801,00017.25%15.8415.0713.3811.6810.0163.7989.6483.0448.0944.580.850.810.041.30
TTAM
TITAN AMERICA SA
$14.71581,000-9.08%15.7416.8817.4516.7015.6130.7610.0210.567.778.94-0.74-0.52-0.221.30
NEM
NEWMONT CORP
$99.2024,737,00062.91%111.94117.74118.21104.9487.7229.238.598.173.404.33-3.58-1.36-2.220.52
VOXR
VOX ROYALTY CORP
$4.961,621,000100.37%5.815.895.475.044.3237.4321.0628.3510.2914.600.010.14-0.130.58
BHP
BHP GROUP LTD
$67.375,255,00027.06%70.8075.0971.3864.4758.6236.889.088.944.576.92-1.100.21-1.300.88
SBSW
SIBANYE STILLWATER LTD
$11.6312,649,00086.07%13.3814.7416.2414.3711.6131.1112.1812.1211.5416.11-1.07-0.79-0.281.17
ARIS
ARIS MINING CORP
$16.745,355,00089.09%18.8220.1319.3616.2812.2134.8511.5113.421.083.64-0.450.01-0.460.96
CENX
CENTURY ALUMINUM CO
$49.653,128,00058.38%54.9353.7950.5141.2732.2843.1052.0563.5121.3228.251.301.79-0.491.98
AG
FIRST MAJESTIC SILVER CORP
$18.9527,609,000N/A23.4826.4023.8919.0814.4231.574.344.200.000.00-0.940.21-1.161.15
FSM
FORTUNA MINING CORP
$9.008,817,00036.09%10.6811.8211.1410.128.7930.175.515.420.130.21-0.44-0.05-0.391.02
REX
REX AMERICAN RESOURCES CORP
$40.68193,000-15.72%39.5137.5435.3734.1131.0873.9489.1589.9583.8989.171.691.360.330.88
STLD
STEEL DYNAMICS INC
$167.561,605,00028.40%175.93184.98184.28174.25153.9733.437.767.944.537.89-5.07-2.43-2.641.16
NGVT
INGEVITY CORP
$65.35289,000-32.16%65.3967.9768.6661.5756.1342.2635.9535.2548.9844.29-1.16-0.81-0.341.24
NUE
NUCOR CORP
$161.951,476,00028.35%165.75171.28176.28166.16151.7832.0510.166.152.980.99-4.59-3.26-1.321.17
MUX
MCEWEN INC
$19.561,682,0007.82%23.2624.9924.7421.5517.1530.438.5110.820.000.00-1.01-0.30-0.711.14
SVM
SILVERCORP METALS INC
$9.4810,713,00073.94%11.1411.9911.329.407.2535.778.139.130.903.03-0.280.08-0.361.01
ITRG
INTEGRA RESOURCES CORP
$2.725,498,00028.37%3.343.713.853.672.9026.064.936.170.511.98-0.24-0.13-0.110.85
NTR
NUTRIEN LTD
$76.055,455,00024.17%78.5576.0171.2365.1861.9552.1243.0251.265.2013.802.272.46-0.190.65
UROY
URANIUM ROYALTY CORP
$3.484,003,000167.40%3.703.964.204.013.5536.2123.7926.9017.7224.60-0.17-0.13-0.041.59
JBI
JANUS INTERNATIONAL GROUP INC
$5.371,381,000-25.99%5.396.116.666.848.1233.2123.8521.4344.6636.10-0.44-0.38-0.051.14
FUL
FULLER H B CO
$50.31834,00035.17%55.4660.2062.1360.4559.8517.004.904.863.044.79-3.10-1.93-1.171.03
KWR
QUAKER CHEMICAL CORP
$121.07203,0009.73%123.48137.33152.10144.39136.3124.8812.278.0245.9529.37-10.86-9.30-1.561.31
HBM
HUDBAY MINERALS INC
$18.6510,890,00082.93%21.3823.8124.1820.7816.3728.656.996.403.114.88-1.32-0.70-0.621.54
SCCO
SOUTHERN COPPER CORP
$159.813,355,00073.12%179.55194.35191.15164.84135.0233.247.847.855.058.30-7.00-2.16-4.841.09
EGO
ELDORADO GOLD CORP
$32.355,404,00062.53%38.1640.9342.2136.5330.2029.625.275.572.635.41-2.10-1.04-1.060.74
ESI
ELEMENT SOLUTIONS INC
$31.802,364,00022.49%31.6333.3431.2928.6726.5948.2340.6934.5433.6627.69-0.080.26-0.351.36
ODC
OIL-DRI CORP OF AMERICA
$60.4648,4000.83%63.0364.7361.3057.2758.5739.305.8210.101.620.63-0.180.78-0.960.42
MTRN
MATERION CORP
$135.42219,000-11.34%142.01149.73147.10134.84119.3538.6618.6822.4619.6722.35-2.68-0.68-2.001.22
ASIX
ADVANSIX INC
$21.05517,000-7.18%20.0219.3018.3017.4719.4363.5585.6982.0862.7858.330.770.600.171.18
APD
AIR PRODUCTS & CHEMICALS INC
$284.151,509,00018.54%281.87279.74275.06262.94272.9055.6155.0161.4250.6964.202.752.420.320.74
VALE
VALE SA
$14.6335,300,0007.55%15.0515.8815.8314.2112.2138.2912.6911.6511.2112.93-0.36-0.19-0.170.72
CPAC
CEMENTOS PACASMAYO SAA
$9.9026,0002,500.00%10.2210.4610.639.317.8939.0511.5515.3123.8926.44-0.15-0.08-0.070.11
BCPC
BALCHEM CORP
$164.29208,0002.46%169.27174.13171.20163.01159.7934.635.924.623.371.12-2.03-0.18-1.850.77
NRP
NATURAL RESOURCE PARTNERS LP
$122.8038,00034.28%118.87120.40118.56111.17106.2658.6153.9843.8351.0126.440.040.26-0.220.54
SWIM
LATHAM GROUP INC
$5.511,543,00045.84%6.106.436.516.656.8932.763.215.332.475.09-0.22-0.12-0.101.89
PPG
PPG INDUSTRIES INC
$98.382,824,00052.48%103.40112.41115.43107.83108.7425.767.958.7117.7219.51-5.30-3.68-1.621.00
SSD
SIMPSON MANUFACTURING CO INC
$171.10305,00050.25%179.20186.37187.55177.89175.6824.925.447.510.261.05-4.44-2.39-2.051.02
TGB
TASEKO MINES LTD
$5.9010,419,00060.94%6.837.537.556.254.8531.256.305.962.495.01-0.38-0.16-0.221.64
LXU
LSB INDUSTRIES INC
$14.642,352,00037.79%14.2312.8110.919.899.0468.6081.5383.7421.7934.641.271.140.141.13
RS
RELIANCE INC
$294.80342,000-0.87%299.85308.34322.00302.57300.3233.0213.2712.9917.2919.40-8.15-6.76-1.390.85
WTTR
SELECT WATER SOLUTIONS INC
$14.631,224,000-6.35%14.1513.8512.8611.8310.6065.0183.5985.5891.7388.050.450.440.011.02
MT
ARCELORMITTAL
$49.982,661,00062.06%53.4158.6356.7249.5141.7432.899.117.338.158.11-2.21-0.89-1.331.24
RGLD
ROYAL GOLD INC
$225.072,051,00062.39%262.19275.26272.81236.90207.5227.928.198.434.404.40-8.26-1.67-6.590.52
SHW
SHERWIN WILLIAMS CO
$310.382,391,00014.29%321.97338.89349.48341.76345.2426.027.857.396.3811.74-11.23-8.08-3.140.83
SUZ
SUZANO SA
$9.738,146,00054.51%10.2510.6710.229.679.5334.314.145.783.765.37-0.120.04-0.150.58
AVTR
AVANTOR INC
$7.618,277,00019.85%7.938.4110.0710.8512.0324.8911.049.1948.0934.63-0.65-0.660.011.00
PRM
PERIMETER SOLUTIONS INC
$21.221,031,000-2.00%22.7423.8025.9826.2522.3226.4211.989.5022.6623.23-1.20-1.03-0.171.05
RIO
RIO TINTO LTD
$85.654,822,00036.25%89.5993.6292.2783.1872.6634.9313.7914.059.0112.60-1.65-0.53-1.130.74
LIN
LINDE PLC
$489.802,675,00021.54%488.20494.79471.23444.91457.2053.6150.2455.7927.5232.284.886.94-2.060.75

Basic Material Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13-1.75%-6.87%+8.94%+23.46%30.14x1.75x+7.95%+3.95%+8.10%-1.53%Hold
4-6.13%-9.37%-7.95%+77.51%33.67x2.95x+17.88%+5.90%+9.84%+9.38%Buy
17-1.12%-2.67%-15.43%-2.13%28.16x2.58x+13.23%+6.27%+10.33%+27.14%Buy
30-1.01%-1.44%-15.40%-7.93%27.11x5.48x+5.73%+9.96%+17.86%+25.86%Buy
17+0.95%-1.06%+12.61%+19.75%-0.40x1.62x-16.03%-4.74%-2.87%+0.51%Buy
5+2.13%+4.55%+8.50%+61.31%29.81x1.93x-1.35%-1.00%-1.23%+5.16%Buy
6-4.11%-11.46%-18.14%+59.99%29.97x6.32x+29.76%+14.26%+26.06%+0.75%Buy
50-6.21%-16.22%-17.87%+70.89%19.98x3.47x+16.59%+11.75%+16.61%+26.61%Buy
5-2.34%-3.44%-16.25%-7.96%12.52x1.54x+6.16%+3.86%+5.79%+24.33%Buy
44-3.86%-10.61%-13.49%+44.24%9.36x2.57x-69.47%+2.38%+10.50%+8.39%Strong Buy
16-6.74%-17.01%-17.52%+103.55%3.75x3.42x+6.45%+1.68%+5.78%+57.78%Buy
6-2.19%-6.78%-18.64%-42.36%4.97x1.26x+26.94%+7.33%+16.11%+54.55%Buy
4-6.85%-21.91%-22.44%+149.60%22.13x3.20x+4.04%+2.27%+7.05%+30.14%Hold
57-0.60%-1.57%-7.30%+1.85%-1.65x3.56x+15.07%+5.12%+9.75%+19.17%Buy
22-0.46%-2.60%-13.45%+1.64%17.28x1.01x+6.86%+4.42%+7.34%+15.91%Buy
6+4.03%+1.86%+4.36%+34.32%-30.91x1.60x+5.83%+3.65%+5.11%+6.92%Strong Buy
12-2.01%-6.08%-8.83%+142.57%57.93x7.21x-0.07%-0.43%+2.58%+26.77%Strong Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Mar 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best basic material stocks to buy right now are:

1. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) is the #1 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Nexa Resources Sa (NYSE:NEXA) is: Value: A, Growth: A, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: B.

Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 20, which is -9 points lower than the basic material sector average of 29. Although this number is below the industry average, our proven quant model rates NEXA as a "A".It passed 8 out of 38 due diligence checks and has weak fundamentals. Nexa Resources Sa has seen its stock return 70.41% over the past year, overperforming other basic material stocks by 59 percentage points.

Nexa Resources Sa has an average 1 year price target of $9.17, a downside of -4.11% from Nexa Resources Sa's current stock price of $9.56.

Nexa Resources Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Nexa Resources Sa, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Constellium Se (NYSE:CSTM)


Constellium Se (NYSE:CSTM) is the #2 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Constellium Se (NYSE:CSTM) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.

Constellium Se (NYSE:CSTM) has a Due Diligence Score of 48, which is 19 points higher than the basic material sector average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Constellium Se has seen its stock return 97.83% over the past year, overperforming other basic material stocks by 86 percentage points.

Constellium Se has an average 1 year price target of $29.00, an upside of 22.26% from Constellium Se's current stock price of $23.72.

Constellium Se stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Constellium Se, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Iamgold (NYSE:IAG)


Iamgold (NYSE:IAG) is the #3 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Iamgold (NYSE:IAG) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: B.

Iamgold (NYSE:IAG) has a Due Diligence Score of 51, which is 22 points higher than the basic material sector average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Iamgold has seen its stock return 175.98% over the past year, overperforming other basic material stocks by 164 percentage points.

Iamgold has an average 1 year price target of $19.00, an upside of 12.49% from Iamgold's current stock price of $16.89.

Iamgold stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Iamgold, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the basic material stocks with highest dividends?

Out of 124 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Fmc (NYSE:FMC)


Fmc (NYSE:FMC) has an annual dividend yield of 13.07%, which is 11 percentage points higher than the basic material sector average of 1.98%. Fmc's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Fmc's dividend has not shown consistent growth over the last 10 years.

Fmc's dividend payout ratio of -10.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) has an annual dividend yield of 8.79%, which is 7 percentage points higher than the basic material sector average of 1.98%. Alliance Resource Partners's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Alliance Resource Partners's dividend has shown consistent growth over the last 10 years.

Alliance Resource Partners's dividend payout ratio of 104.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Westlake Chemical Partners (NYSE:WLKP)


Westlake Chemical Partners (NYSE:WLKP) has an annual dividend yield of 8.39%, which is 6 percentage points higher than the basic material sector average of 1.98%. Westlake Chemical Partners's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Westlake Chemical Partners's dividend has shown consistent growth over the last 10 years.

Westlake Chemical Partners's dividend payout ratio of 136.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are basic material stocks down?

Basic material stocks were down -1.7% in the last day, and down -4.81% over the last week. Goldmining was the among the top losers in the basic materials sector, dropping -13.18% yesterday.

Shares of precious metals-related companies are trading lower as the gold continues yesterday's selloff while investors digest the Fed's decision to maintain interest rates. The pullback is due to ongoing concerns about dollar strength and the Middle East conflict's impact on oil prices and inflation leading to global monetary tightening.

What are the most undervalued basic material stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued basic material stocks right now are:

1. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) is the most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Nexa Resources Sa has a valuation score of 29, which is 7 points higher than the basic material sector average of 22. It passed 2 out of 7 valuation due diligence checks.

Nexa Resources Sa's stock has gained 70.41% in the past year. It has overperformed other stocks in the basic material sector by 59 percentage points.

2. Fortuna Mining (NYSE:FSM)


Fortuna Mining (NYSE:FSM) is the second most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Fortuna Mining has a valuation score of 71, which is 49 points higher than the basic material sector average of 22. It passed 5 out of 7 valuation due diligence checks.

Fortuna Mining's stock has gained 50% in the past year. It has overperformed other stocks in the basic material sector by 38 percentage points.

3. B2gold (NYSEMKT:BTG)


B2gold (NYSEMKT:BTG) is the third most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

B2gold has a valuation score of 43, which is 21 points higher than the basic material sector average of 22. It passed 3 out of 7 valuation due diligence checks.

B2gold's stock has gained 27.58% in the past year. It has overperformed other stocks in the basic material sector by 16 percentage points.

Are basic material stocks a good buy now?

45.83% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 20.36% over the next year.

7.58% of basic material stocks have a Zen Rating of A (Strong Buy), 15.88% of basic material stocks are rated B (Buy), 50.54% are rated C (Hold), 17.33% are rated D (Sell), and 8.66% are rated F (Strong Sell).

What is the average p/e ratio of the basic materials sector?

The average P/E ratio of the basic materials sector is 16.02x.
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