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
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
AAON
AAON INC
NASDAQ
Building Products & Equipment
$7.63B$93.661.92%$225.84M70.95x0.88
United States
FNUC
FRONTIER NUCLEAR & MINERALS INC
NASDAQ
Other Industrial Metals & Mining
$18.46M$2.110.00%-$10.95M-0.89x0.18
Canada
LAR
LITHIUM ARGENTINA AG
NYSE
Other Industrial Metals & Mining
$1.69B$10.391.07%-$42.55M-22.11x0.37
Canada
JAGU
JAGUAR URANIUM CORP
NYSEMKT
Uranium
$49.27M$2.447.02%-$2.31M-9.38x0.43
Canada (Federal Level)
CLF
CLEVELAND-CLIFFS INC
NYSE
Steel
$6.07B$10.653.90%$87.00M-4.59x2.42
United States
OEC
ORION SA
NYSE
Specialty Chemicals
$467.63M$8.315.99%$159.90M-6.70x3.96
United States
AVD
AMERICAN VANGUARD CORP
NYSE
Agricultural Inputs
$85.15M$2.9510.49%-$9.99M-1.69x2.10
United States
KRO
KRONOS WORLDWIDE INC
NYSE
Specialty Chemicals
$897.41M$7.805.12%$20.40M-8.13x1.42
United States
GEVO
GEVO INC
NASDAQ
Specialty Chemicals
$507.50M$2.090.97%$11.07M-14.93x0.53
United States
CRH
CRH PUBLIC LTD CO
NYSE
Building Materials
$75.17B$112.501.53%$8.12B20.72x1.46
Ireland
XPL
SOLITARIO RESOURCES CORP
NYSEMKT
Other Industrial Metals & Mining
$76.54M$0.831.22%-$3.77M-20.75x0.02
United States
MLM
MARTIN MARIETTA MATERIALS INC
NYSE
Building Materials
$36.39B$606.100.47%$3.67B14.42x0.82
United States
PZG
PARAMOUNT GOLD NEVADA CORP
NYSEMKT
Gold
$115.66M$1.380.00%-$12.49M6.90x0.89
United States
VGZ
VISTA GOLD CORP
NYSEMKT
Gold
$308.00M$2.110.48%-$7.83M-35.17x0.04
United States
CNR
CORE NATURAL RESOURCES INC
NYSE
Thermal Coal
$4.51B$88.380.25%$427.49M-29.66x0.67
United States
USGO
US GOLDMINING INC
NASDAQ
Other Industrial Metals & Mining
$180.25M$13.531.96%-$6.78M-24.60x0.11
Canada
ATCX
ATLAS CRITICAL MINERALS CORP
NASDAQ
Gold
$19.29M$5.550.18%-$5.40M-3.28x2.30
Brazil
SOLS
SOLSTICE ADVANCED MATERIALS INC
NASDAQ
Specialty Chemicals
$13.26B$83.563.07%$847.00M56.08x3.05
United States
VMC
VULCAN MATERIALS CO
NYSE
Building Materials
$37.82B$291.511.32%$2.45B34.46x0.97
United States
NVA
NOVA MINERALS LTD
NASDAQ
Other Industrial Metals & Mining
$227.41M$6.023.26%N/A-0.25x0.21
Australia
EU
ENCORE ENERGY CORP
NASDAQ
Uranium
$361.24M$1.860.00%-$43.68M-6.20x0.75
United States
NMG
NOUVEAU MONDE GRAPHITE INC
NYSE
Other Industrial Metals & Mining
$326.35M$2.03-1.46%-$37.93M-4.12x1.19
Canada
HYMC
HYCROFT MINING HOLDING CORP
NASDAQ
Gold
$3.23B$35.37-2.00%-$67.68M-32.45x0.21
United States
EXP
EAGLE MATERIALS INC
NYSE
Building Materials
$6.59B$209.732.42%$755.92M15.78x1.57
United States
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
NYSE
Building Materials
$1.32B$11.297.83%$129.29M78.40x0.78
Argentina
TROX
TRONOX HOLDINGS PLC
NYSE
Chemicals
$1.66B$10.484.80%$36.00M-3.53x3.36
United States
FMC
FMC CORP
NYSE
Agricultural Inputs
$1.86B$14.872.13%-$1.67B-0.74x4.15
United States
NFGC
NEW FOUND GOLD CORP
NYSEMKT
Gold
$688.08M$2.01-2.90%-$34.08M-13.86x0.28
Canada
CITR
CITROTECH INC
NYSEMKT
Specialty Chemicals
$132.71M$6.93-0.57%-$24.82M-2.34x0.26
United States
PLG
PLATINUM GROUP METALS LTD
NYSEMKT
Other Precious Metals & Mining
$220.68M$1.740.00%-$6.04M-29.00x0.07
Canada
NAK
NORTHERN DYNASTY MINERALS LTD
NYSEMKT
Other Industrial Metals & Mining
$1.17B$2.090.97%-$74.58M-15.14x5.83
Canada
AUST
AUSTIN GOLD CORP
NYSEMKT
Gold
$17.71M$1.29-6.30%-$1.17M-14.86x0.02
Canada
WRN
WESTERN COPPER & GOLD CORP
NYSEMKT
Other Industrial Metals & Mining
$560.48M$2.770.00%-$2.19M-197.86x0.01
Canada
UUUU
ENERGY FUELS INC
NYSEMKT
Uranium
$5.08B$21.04-2.68%-$81.18M-55.37x1.08
United States
EMAT
EVOLUTION METALS & TECHNOLOGIES CORP
NASDAQ
Other Industrial Metals & Mining
$5.62B$9.48-1.04%-$1.75M-16.07x-1.02
United States
WLK
WESTLAKE CORP
NYSE
Specialty Chemicals
$13.40B$104.78-8.78%-$285.00M-8.96x1.21
United States
ABAT
AMERICAN BATTERY TECHNOLOGY CO
NASDAQ
Other Industrial Metals & Mining
$422.79M$3.21-0.31%-$36.11M-8.03x0.04
United States
UEC
URANIUM ENERGY CORP
NYSEMKT
Uranium
$7.11B$14.50-2.16%-$74.16M-80.56x0.09
United States
JELD
JELD-WEN HOLDING INC
NYSE
Building Products & Equipment
$141.29M$1.6417.99%-$173.30M-0.28x169.53
United States
MAGN
MAGNERA CORP
NYSE
Paper & Paper Products
$363.31M$10.121.20%$231.00M-2.71x2.75
United States
AREC
AMERICAN RESOURCES CORP
NASDAQ
Coking Coal
$233.20M$2.301.32%-$23.06M-5.00x-4.49
United States
ASPN
ASPEN AEROGELS INC
NYSE
Building Products & Equipment
$342.90M$4.146.70%-$327.75M-0.88x0.73
United States
USAU
US GOLD CORP
NASDAQ
Gold
$264.51M$16.030.50%-$19.47M-10.98x0.04
United States
NEWP
NEW PACIFIC METALS CORP
NYSEMKT
Other Precious Metals & Mining
$986.00M$5.36-6.94%-$2.87M-297.78x0.01
Canada
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$4.87B$69.751.07%$356.00M33.37x0.52
United States
HNRG
HALLADOR ENERGY CO
NASDAQ
Thermal Coal
$830.43M$17.6613.50%$101.82M18.02x1.55
United States
IAUX
I-80 GOLD CORP
NYSEMKT
Gold
$1.23B$1.46-2.67%-$168.33M-4.87x1.03
United States
LGO
LARGO INC
NASDAQ
Other Industrial Metals & Mining
$97.06M$1.160.87%-$16.54M-1.15x1.40
Canada
UAMY
UNITED STATES ANTIMONY CORP
NYSEMKT
Other Industrial Metals & Mining
$1.60B$11.15-5.11%-$2.88M-278.75x0.09
United States
CRML
CRITICAL METALS CORP
NASDAQ
Other Industrial Metals & Mining
$1.62B$13.313.10%N/A-9.37x0.86
Australia
GLDG
GOLDMINING INC
NYSEMKT
Gold
$245.82M$1.15-1.71%-$19.64M-19.83x0.04
Canada
INHD
INNO HOLDINGS INC
NASDAQ
Steel
$5.07M$2.0114.20%-$4.05M-0.02x0.01
United States
CLW
CLEARWATER PAPER CORP
NYSE
Paper & Paper Products
$219.14M$13.596.25%$78.00M-8.66x0.93
United States
NB
NIOCORP DEVELOPMENTS LTD
NASDAQ
Other Industrial Metals & Mining
$739.39M$5.90-2.32%-$60.03M-7.11x0.13
United States
SKE
SKEENA RESOURCES LTD
NYSE
Other Industrial Metals & Mining
$3.56B$29.31-0.37%-$127.10M-25.44x3.84
Canada
SLI
STANDARD LITHIUM LTD
NYSEMKT
Other Industrial Metals & Mining
$910.88M$3.80-0.26%-$36.62M-22.75x0.09
Canada
MOS
MOSAIC CO
NYSE
Agricultural Inputs
$7.39B$23.261.26%$2.42B13.68x1.01
United States
FEAM
5E ADVANCED MATERIALS INC
NASDAQ
Specialty Chemicals
$74.31M$1.795.92%-$3.18M2.13x0.14
United States
WWR
WESTWATER RESOURCES INC
NYSEMKT
Other Industrial Metals & Mining
$82.30M$0.661.38%-$26.43M-2.06x0.07
United States
CSTE
CAESARSTONE LTD
NASDAQ
Building Products & Equipment
$43.56M$1.26-0.79%-$111.22M-0.32x1.79
Israel
DC
DAKOTA GOLD CORP
NYSEMKT
Gold
$718.32M$5.38-1.47%-$29.40M-19.93x0.03
United States
LAC
LITHIUM AMERICAS CORP
NYSE
Other Industrial Metals & Mining
$1.92B$5.52-0.36%-$121.04M-11.04x1.87
Canada
FMST
FOREMOST CLEAN ENERGY LTD
NASDAQ
Chemicals
$24.74M$1.709.68%N/A-20.99x0.04
Canada
SA
SEABRIDGE GOLD INC
NYSE
Gold
$2.58B$28.04-0.43%-$46.65M-73.02x0.57
Canada
BMM
BLUE MOON METALS INC
NASDAQ
Other Industrial Metals & Mining
$537.77M$6.65-7.38%-$34.89M-9.24x0.13
FF
FUTUREFUEL CORP
NYSE
Specialty Chemicals
$218.44M$4.981.63%-$39.42M-4.41x0.24
United States
USAR
USA RARE EARTH INC
NASDAQ
Other Industrial Metals & Mining
$5.98B$27.427.19%-$296.67M-8.28x0.39
United States
GMTL
GUARDIAN METAL RESOURCES PLC
NYSEMKT
Other Precious Metals & Mining
N/A$15.00-4.21%-$6.50M-75.00x0.08
United Kingdom
ASTL
ALGOMA STEEL GROUP INC
NASDAQ
Steel
$506.04M$4.862.97%-$717.72M-0.73x3.31
Canada
AEC
ANFIELD ENERGY INC
NASDAQ
Uranium
$77.00M$4.83-1.43%-$14.28M-5.20x0.80
URG
UR-ENERGY INC
NYSEMKT
Uranium
$699.30M$1.76-0.56%-$67.26M-8.80x2.52
United States
CNL
COLLECTIVE MINING LTD
NYSEMKT
Gold
$1.55B$16.70-3.80%-$48.18M-28.79x0.09
Canada
TMQ
TRILOGY METALS INC
NYSEMKT
Other Industrial Metals & Mining
$740.80M$4.22-2.09%-$45.68M-15.63x0.27
Canada
DNN
DENISON MINES CORP
NYSEMKT
Uranium
$3.25B$3.60-4.26%-$33.74M-20.69x2.00
Canada
ASPI
ASP ISOTOPES INC
NASDAQ
Chemicals
$645.88M$5.13-0.58%-$172.32M-2.43x1.15
United States
NXE
NEXGEN ENERGY LTD
NYSE
Uranium
$8.00B$12.12-2.73%-$181.35M-31.08x0.35
Canada
WFG
WEST FRASER TIMBER CO LTD
NYSE
Lumber & Wood Production
$4.68B$59.710.44%-$875.00M-4.03x0.36
Canada
NG
NOVAGOLD RESOURCES INC
NYSEMKT
Gold
$3.48B$7.93-0.25%-$86.16M-30.50x0.39
United States
TMC
TMC THE METALS CO INC
NASDAQ
Other Industrial Metals & Mining
$2.27B$5.240.96%-$314.33M6.31x-6.43
United States
IPX
IPERIONX LTD
NASDAQ
Other Industrial Metals & Mining
$1.14B$33.820.99%N/A-21.14x0.19
United States
ORGN
ORIGIN MATERIALS INC
NASDAQ
Chemicals
$8.30M$1.534.08%-$237.78M-0.03x0.51
United States
IE
IVANHOE ELECTRIC INC
NYSEMKT
Copper
$2.01B$12.793.23%-$98.77M16.19x0.14
Canada
METC
RAMACO RESOURCES INC
NASDAQ
Coking Coal
$1.01B$15.033.73%$13.82M-15.18x1.36
United States
VZLA
VIZSLA SILVER CORP
NYSEMKT
Other Industrial Metals & Mining
$1.13B$3.23-3.87%-$8.77M-9.34x1.12
Canada
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$72.34M$1.080.93%-$236.33M-0.15x28.99
Canada
PPTA
PERPETUA RESOURCES CORP
NASDAQ
Other Precious Metals & Mining
$3.42B$27.351.64%-$100.22M-25.32x0.02
United States
ELBM
ELECTRA BATTERY MATERIALS CORP
NASDAQ
Other Industrial Metals & Mining
$67.95M$0.668.80%-$133.37M-0.16x3.01
Canada
LEU
CENTRUS ENERGY CORP
NYSEMKT
Uranium
$4.05B$206.04-0.43%$109.80M47.58x2.20
United States
AIRJ
AIRJOULE TECHNOLOGIES CORP
NASDAQ
Building Products & Equipment
$210.82M$3.08-0.65%-$27.28M-20.53x0.27
United States
RETO
RETO ECO-SOLUTIONS INC
NASDAQ
Building Materials
$1.72M$0.59-3.10%-$10.94M-0.02x0.34
China
KBSX
FST CORP
NASDAQ
Steel
$56.41M$1.26-3.08%$3.10M-42.00x2.94
Taiwan
ZKIN
ZK INTERNATIONAL GROUP CO LTD
NASDAQ
Steel
$9.79M$1.482.78%-$2.79M-2.11x1.56
China
ITP
IT TECH PACKAGING INC
NYSEMKT
Paper & Paper Products
$3.26M$0.191.59%$4.62M-0.19x0.16
China
APT
ALPHA PRO TECH LTD
NYSEMKT
Building Products & Equipment
$47.06M$4.620.43%$6.53M13.59x0.19
Canada
NWGL
CL WORKSHOP GROUP LTD
NASDAQ
Lumber & Wood Production
$15.73M$0.952.15%-$5.13M-2.97x2.81
Macau
HLP
HONGLI GROUP INC
NASDAQ
Steel
$65.73M$0.907.83%$2.53M17.90x0.22
China
GURE
GULF RESOURCES INC
NASDAQ
Chemicals
$4.75M$3.442.38%-$37.43M-0.07x0.23
China
GGB
GERDAU SA
NYSE
Steel
$9.60B$4.806.67%$1.60B36.09x0.52
Brazil
FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC
NYSEMKT
Specialty Chemicals
$77.06M$6.05-2.58%$4.70M100.83x0.49
Canada
SIM
GRUPO SIMEC SAB DE CV
NYSEMKT
Steel
$4.30B$28.010.00%$704.87M7.94x0.24
Mexico

Basic Material Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13+1.51%+2.29%-1.41%-6.53%32.19x1.81x+7.71%+3.89%+7.98%+0.41%Hold
4+3.63%+2.41%+13.77%+175.12%42.47x3.15x+18.85%+5.70%+9.55%+0.22%Buy
18+0.78%-2.70%+2.73%+1.35%27.85x2.78x+14.90%+7.13%+11.34%+16.93%Buy
31+1.10%+0.08%+9.20%-1.12%30.67x6.07x+2.25%+9.69%+17.65%+15.80%Buy
17+1.41%+5.91%+6.27%+45.84%-18.51x2.02x-17.27%-4.88%-2.23%-0.58%Buy
5+2.39%-2.86%-8.50%+53.42%3.85x1.86x+0.18%+0.44%+0.55%+7.72%Buy
6+3.19%-0.64%-3.36%+92.50%29.40x6.62x+31.92%+15.74%+28.19%+5.76%Buy
52-0.08%-3.35%-9.26%+63.37%16.68x3.47x+20.55%+13.81%+19.45%+36.90%Strong Buy
5+1.80%-5.19%+2.97%+0.46%13.88x1.61x+5.48%+3.34%+5.15%+22.47%Strong Buy
47+1.53%+4.33%+22.25%+101.39%13.39x3.00x+4.31%+2.72%+9.59%-4.05%Strong Buy
17-0.48%-2.76%-7.93%+104.58%7.84x3.09x+7.32%+2.58%+6.25%+59.76%Buy
6+3.79%-2.09%+0.09%-31.45%5.33x1.04x+21.33%+6.06%+14.12%+20.49%Buy
4-2.65%-2.81%-4.72%+223.36%8.75x3.21x+4.21%+2.58%+7.14%+18.82%Hold
57+1.46%-0.29%+4.84%+15.07%6.51x3.75x+15.39%+5.46%+10.48%+8.42%Buy
22+3.04%+3.30%+23.92%-69.70%27.38x1.33x+7.29%+4.61%+7.73%-1.76%Buy
6+0.33%-0.28%-8.51%+22.21%-17.17x1.33x+7.11%+4.40%+6.11%+34.36%Strong Buy
12-1.72%-0.55%+9.42%+158.97%60.87x7.79x-0.29%-0.53%+3.01%+28.14%Strong Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in May 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. Westlake Chemical Partners (NYSE:WLKP)


Westlake Chemical Partners (NYSE:WLKP) is the #1 top basic material stock out of 322 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 Westlake Chemical Partners (NYSE:WLKP) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: A.

Westlake Chemical Partners (NYSE:WLKP) has a Due Diligence Score of 41, which is 11 points higher than the basic material sector average of 30. It passed 14 out of 38 due diligence checks and has strong fundamentals. Westlake Chemical Partners has seen its stock lose -2.55% over the past year, underperforming other basic material stocks by -1 percentage points.

2. Orla Mining (NYSEMKT:ORLA)


Orla Mining (NYSEMKT:ORLA) is the #2 top basic material stock out of 322 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 Orla Mining (NYSEMKT:ORLA) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: D, Financials: B, and AI: A.

Orla Mining (NYSEMKT:ORLA) has a Due Diligence Score of 32, which is 2 points higher than the basic material sector average of 30. It passed 11 out of 33 due diligence checks and has average fundamentals. Orla Mining has seen its stock return 24.81% over the past year, overperforming other basic material stocks by 27 percentage points.

Orla Mining has an average 1 year price target of $15.00, an upside of 11.69% from Orla Mining's current stock price of $13.43.

Orla Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Orla Mining, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) is the #3 top basic material stock out of 322 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: C, Safety: C, Financials: C, and AI: B.

Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 24, which is -6 points lower than the basic material sector average of 30. Although this number is below the industry average, our proven quant model rates NEXA as a "A".It passed 10 out of 38 due diligence checks and has weak fundamentals. Nexa Resources Sa has seen its stock return 198.88% over the past year, overperforming other basic material stocks by 201 percentage points.

Nexa Resources Sa has an average 1 year price target of $11.75, a downside of -26.52% from Nexa Resources Sa's current stock price of $15.99.

Nexa Resources Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 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.

What are the basic material stocks with highest dividends?

Out of 136 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) has an annual dividend yield of 9.55%, which is 8 percentage points higher than the basic material sector average of 1.69%. 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.

2. Fmc (NYSE:FMC)


Fmc (NYSE:FMC) has an annual dividend yield of 8.88%, which is 7 percentage points higher than the basic material sector average of 1.69%. 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 -6.6% 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 8.35%, which is 7 percentage points higher than the basic material sector average of 1.69%. 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 up?

Basic material stocks were up 1.25% in the last day, and down -0.25% over the last week. Dupont De Nemours was the among the top gainers in the basic materials sector, gaining 8.43% yesterday.

DuPont de Nemours shares are trading higher after the company reported better-than-expected Q1 financial results, raised its FY26 adjusted EPS and sales guidance above estimates and issued Q2 adjusted EPS guidance above estimates.

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. Fortuna Mining (NYSE:FSM)


Fortuna Mining (NYSE:FSM) 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.

Fortuna Mining has a valuation score of 71, which is 53 points higher than the basic material sector average of 18. It passed 5 out of 7 valuation due diligence checks.

Fortuna Mining's stock has gained 52.98% in the past year. It has overperformed other stocks in the basic material sector by 55 percentage points.

2. Oceanagold (NYSE:OGC)


Oceanagold (NYSE:OGC) 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.

Oceanagold has a valuation score of 71, which is 53 points higher than the basic material sector average of 18. It passed 5 out of 7 valuation due diligence checks.

3. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) 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.

Nexa Resources Sa has a valuation score of 29, which is 11 points higher than the basic material sector average of 18. It passed 2 out of 7 valuation due diligence checks.

Nexa Resources Sa's stock has gained 198.88% in the past year. It has overperformed other stocks in the basic material sector by 201 percentage points.

Are basic material stocks a good buy now?

43.86% of basic material stocks rated by analysts are a strong buy right now. On average, analysts expect basic material stocks to rise by 13.6% over the next year.

6.92% of basic material stocks have a Zen Rating of A (Strong Buy), 19.38% of basic material stocks are rated B (Buy), 47.75% are rated C (Hold), 14.88% are rated D (Sell), and 11.07% 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 18.74x.
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