Sectors & IndustriesBasic Materials
Best Basic Material Stocks to Buy Now (2024)
Top basic material stocks in 2024 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
DD Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
AG
FIRST MAJESTIC SILVER CORP
NYSE
Silver
$1.82B$6.03-2.74%$98.56M-22.33x0.44
ASPI
ASP ISOTOPES INC
NASDAQ
Chemicals
$356.95M$5.0014.42%-$26.61M-8.20x1.09
TROX
TRONOX HOLDINGS PLC
NYSE
Chemicals
$1.68B$10.62-0.56%$486.00M-22.13x2.22
NEM
NEWMONT CORP
NYSE
Gold
$45.79B$40.22-3.22%$2.49B-18.97x0.88
RETO
RETO ECO-SOLUTIONS INC
NASDAQ
Building Materials
$3.87M$1.01-0.98%N/A1.07x1.49
GROY
GOLD ROYALTY CORP
NYSEMKT
Other Precious Metals & Mining
$211.64M$1.25-1.57%-$22.35M-9.62x0.32
RDUS
RADIUS RECYCLING
NASDAQ
Steel
$490.41M$17.49-4.74%-$198.04M-1.86x1.46
IPX
IPERIONX LTD
NASDAQ
Other Industrial Metals & Mining
$731.35M$28.431.61%-$21.66M-28.43x0.08
MP
MP MATERIALS CORP
NYSE
Other Industrial Metals & Mining
$3.16B$19.37-1.17%$11.88M-52.35x1.16
CNEY
CN ENERGY GROUP INC
NASDAQ
Specialty Chemicals
$1.02M$0.32-5.59%-$1.38M-0.16x0.15
CLW
CLEARWATER PAPER CORP
NYSE
Paper & Paper Products
$408.06M$24.63-1.72%$162.60M28.98x2.75
EMX
EMX ROYALTY CORP
NYSEMKT
Other Industrial Metals & Mining
$197.65M$1.750.00%$4.81M-60.34x0.33
IPI
INTREPID POTASH INC
NYSE
Agricultural Inputs
$331.19M$25.160.48%-$16.42M-7.47x0.19
NMG
NOUVEAU MONDE GRAPHITE INC
NYSE
Other Industrial Metals & Mining
$148.60M$1.32-5.04%-$29.58M-2.74x0.35
LAC
LITHIUM AMERICAS CORP
NYSE
Other Industrial Metals & Mining
$708.22M$3.25-2.11%-$14.78MN/A0.05
PAAS
PAN AMERICAN SILVER CORP
NYSE
Gold
$8.06B$22.21-2.07%$766.60M-170.85x0.54
LGO
LARGO INC
NASDAQ
Other Industrial Metals & Mining
$124.38M$1.94-2.02%-$31.27M-2.43x0.74
HNRG
HALLADOR ENERGY CO
NASDAQ
Thermal Coal
$528.03M$12.39-0.08%$44.90M-21.00x0.82
PLG
PLATINUM GROUP METALS LTD
NYSEMKT
Other Precious Metals & Mining
$140.40M$1.37-4.20%-$4.50M-27.40x0.09
IE
IVANHOE ELECTRIC INC
NYSEMKT
Copper
$927.51M$7.70-6.21%-$188.84M4.84x0.46
TFPM
TRIPLE FLAG PRECIOUS METALS CORP
NYSE
Other Precious Metals & Mining
$3.24B$16.11-2.19%$28.82M-61.96x0.04
NEWP
NEW PACIFIC METALS CORP
NYSEMKT
Other Precious Metals & Mining
$251.81M$1.47-3.29%-$3.83M-50.69x0.01
NAK
NORTHERN DYNASTY MINERALS LTD
NYSEMKT
Other Industrial Metals & Mining
$269.40M$0.50-3.28%-$11.80M-17.28x0.20
VOXR
VOX ROYALTY CORP
NASDAQ
Other Precious Metals & Mining
$124.60M$2.48-1.98%$3.92M-124.00x0.20
WWR
WESTWATER RESOURCES INC
NYSEMKT
Other Industrial Metals & Mining
$34.69M$0.56-2.12%-$7.68M-4.27x0.08
PPTA
PERPETUA RESOURCES CORP
NASDAQ
Other Precious Metals & Mining
$794.72M$11.910.85%-$13.94M-54.14x0.16
LWLG
LIGHTWAVE LOGIC INC
NASDAQ
Specialty Chemicals
$243.52M$1.9911.80%-$20.19M-11.06x0.11
ENFY
ENLIGHTIFY INC
NYSE
Agricultural Inputs
$18.34M$1.240.00%-$25.80M-0.61x0.67
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$429.98M$6.43-4.60%$80.64M-2.26x3.84
DNMR
DANIMER SCIENTIFIC INC
NYSE
Specialty Chemicals
$12.80M$4.24-1.85%-$45.59M-0.10x2.04
FURY
FURY GOLD MINES LTD
NYSEMKT
Other Industrial Metals & Mining
$59.09M$0.39-3.70%-$9.79M-6.00x0.04
WFG
WEST FRASER TIMBER CO LTD
NYSE
Lumber & Wood Production
$7.18B$89.49-2.91%$411.00M-76.49x0.30
AA
ALCOA CORP
NYSE
Aluminum
$10.11B$39.12-1.26%$772.00M-22.35x1.77
MTA
METALLA ROYALTY & STREAMING LTD
NYSEMKT
Other Precious Metals & Mining
$251.39M$2.741.11%-$1.15M-47.24x0.07
SMG
SCOTTS MIRACLE-GRO CO
NYSE
Agricultural Inputs
$4.31B$75.161.13%$215.80M-123.21x-8.35
GATO
GATOS SILVER INC
NYSE
Other Precious Metals & Mining
$1.06B$15.27-2.61%$35.41M31.16x0.03
SWIM
LATHAM GROUP INC
NASDAQ
Building Products & Equipment
$870.65M$7.53-2.46%$76.24M75.30x1.05
ARLO
ARLO TECHNOLOGIES INC
NYSE
Building Products & Equipment
$1.24B$12.39-5.42%-$20.61M-49.56x2.22
XPL
SOLITARIO RESOURCES CORP
NYSEMKT
Other Industrial Metals & Mining
$54.56M$0.67-0.74%-$4.74M-11.17x0.04
CLF
CLEVELAND-CLIFFS INC
NYSE
Steel
$5.04B$10.21-6.84%$695.00M-10.64x1.42
AREC
AMERICAN RESOURCES CORP
NASDAQ
Coking Coal
$92.13M$1.19-3.25%-$25.62M-2.70x-5.13
PRM
PERIMETER SOLUTIONS SA
NYSE
Specialty Chemicals
$1.87B$12.82-0.54%-$1.05M-11.55x1.46
AUST
AUSTIN GOLD CORP
NYSEMKT
Gold
$19.51M$1.47-2.65%-$2.93M-6.53x0.01
BHIL
BENSON HILL INC
NASDAQ
Agricultural Inputs
$12.66M$2.07-6.33%-$57.57M-0.11x4.12
GAU
GALIANO GOLD INC
NYSEMKT
Gold
$341.73M$1.331.53%$52.16M-133.00x1.07
BAK
BRASKEM SA
NYSE
Chemicals
$1.70B$4.27-10.67%$965.42M-1.89x22.16
NC
NACCO INDUSTRIES INC
NYSE
Thermal Coal
$222.27M$30.460.07%-$1.09M-13.13x0.50
UAMY
UNITED STATES ANTIMONY CORP
NYSEMKT
Other Industrial Metals & Mining
$208.20M$1.9214.97%-$3.80M-48.00x0.18
NITO
N2OFF INC
NASDAQ
Agricultural Inputs
$2.27M$0.20-4.33%-$5.39M-0.12x0.10
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
NASDAQ
Building Products & Equipment
$2.12M$0.18-9.00%-$7.55M-0.04x0.59
NGD
NEW GOLD INC
NYSEMKT
Gold
$2.19B$2.77-3.48%$255.40M138.50x0.99
IONR
IONEER LTD
NASDAQ
Other Industrial Metals & Mining
$252.56M$4.34-3.89%-$4.28M-0.45x0.03
GURE
GULF RESOURCES INC
NASDAQ
Chemicals
$6.65M$0.62-4.47%-$71.01M-0.07x0.16
IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC
NYSE
Specialty Chemicals
$22.35B$87.40-0.79%-$915.00M-9.63x1.02
ASTL
ALGOMA STEEL GROUP INC
NASDAQ
Steel
$1.05B$10.080.90%-$2.68M-9.66x1.19
PZG
PARAMOUNT GOLD NEVADA CORP
NYSEMKT
Gold
$23.80M$0.362.86%-$6.06M3.00x0.48
LXU
LSB INDUSTRIES INC
NYSE
Chemicals
$629.55M$8.79-0.45%$91.62M-41.86x1.37
EXK
ENDEAVOUR SILVER CORP
NYSE
Other Precious Metals & Mining
$963.79M$3.92-4.39%$13.33M-30.15x0.48
MAGN
MAGNERA CORP
NYSE
Paper & Paper Products
$66.53M$19.01-1.04%$71.11M-0.99x6.36
CSTE
CAESARSTONE LTD
NASDAQ
Building Products & Equipment
$170.28M$4.93-1.40%-$31.50M-2.47x0.90
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
NASDAQ
Building Products & Equipment
$15.35M$0.85-2.07%-$2.72M-4.47x0.12
LOOP
LOOP INDUSTRIES INC
NASDAQ
Specialty Chemicals
$87.15M$1.8348.78%-$18.79M-4.58x2.10
MTAL
METALS ACQUISITION LTD
NYSE
Copper
$903.47M$12.20-4.16%$72.46M-3.74x2.04
RYAM
RAYONIER ADVANCED MATERIALS INC
NYSE
Chemicals
$516.12M$7.83-2.97%$110.99M-6.07x1.95
LZM
LIFEZONE METALS LTD
NYSE
Other Industrial Metals & Mining
$565.93M$7.234.48%-$359.93M0.64x1.76
AVD
AMERICAN VANGUARD CORP
NYSE
Agricultural Inputs
$151.42M$5.26-0.19%$3.27M-5.16x1.32
TSE
TRINSEO PLC
NYSE
Specialty Chemicals
$195.06M$5.51-3.33%$139.10M-0.39x-7.01
SSL
SASOL LTD
NYSE
Specialty Chemicals
$3.27B$5.04-2.51%-$1.35B-1.29x1.52
ALTO
ALTO INGREDIENTS INC
NASDAQ
Specialty Chemicals
$111.90M$1.46-1.35%-$5.27M-2.81x0.58
AMLI
AMERICAN LITHIUM CORP
NASDAQ
Other Industrial Metals & Mining
$85.72M$0.39-5.52%-$30.88M-2.63x0.02
LITM
SNOW LAKE RESOURCES LTD
NASDAQ
Other Industrial Metals & Mining
$4.23M$0.163.80%-$4.94M-0.67x0.17
SKE
SKEENA RESOURCES LTD
NYSE
Other Industrial Metals & Mining
$984.53M$9.171.21%-$124.82M-6.89x1.51
ODV
OSISKO DEVELOPMENT CORP
NYSE
Gold
$152.10M$1.78-4.30%-$145.78M-0.99x0.45
ARMN
ARIS MINING CORP
NYSEMKT
Gold
$646.67M$3.79-2.57%$111.59M-379.00x0.91
CNL
COLLECTIVE MINING LTD
NYSEMKT
Gold
$258.92M$3.79-0.26%N/AN/A0.25
JELD
JELD-WEN HOLDING INC
NYSE
Building Products & Equipment
$871.58M$10.30-1.90%$86.50M-5.63x2.94
USGO
US GOLDMINING INC
NASDAQ
Other Industrial Metals & Mining
$130.54M$10.49-4.90%N/AN/A0.18
VZLA
VIZSLA SILVER CORP
NYSEMKT
Other Industrial Metals & Mining
$445.72M$1.841.10%-$2.42M-83.64x0.01
USAS
AMERICAS GOLD & SILVER CORP
NYSEMKT
Other Industrial Metals & Mining
$102.75M$0.402.30%-$13.53M-2.22x3.66
NG
NOVAGOLD RESOURCES INC
NYSEMKT
Gold
$1.14B$3.40-4.76%-$29.76M-26.15x-4.03
NFGC
NEW FOUND GOLD CORP
NYSEMKT
Gold
$322.12M$1.62-2.99%-$40.68M-7.50x0.14
NEXA
NEXA RESOURCES SA
NYSE
Other Industrial Metals & Mining
$1.07B$8.09-2.88%$373.43M-5.39x3.51
LVRO
LAVORO LTD
NASDAQ
Agricultural Inputs
$563.10M$4.83-4.19%$90.67M-4.08x2.91
IAUX
I-80 GOLD CORP
NYSEMKT
Gold
$209.32M$0.53-4.86%-$80.01M-1.47x0.68
HYMC
HYCROFT MINING HOLDING CORP
NASDAQ
Gold
$55.20M$2.23-3.46%-$34.50M-0.87x-7.44
FMST
FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD
NASDAQ
Chemicals
$8.41M$1.531.66%N/A-2.41x0.34
DC
DAKOTA GOLD CORP
NYSEMKT
Gold
$211.52M$2.24-1.75%-$36.67M-5.33x0.08
CMP
COMPASS MINERALS INTERNATIONAL INC
NYSE
Other Industrial Metals & Mining
$541.33M$13.06-1.66%$19.30M-3.36x3.53
GLDG
GOLDMINING INC
NYSEMKT
Gold
$161.54M$0.85-2.65%-$17.34M-8.81x0.04
ZKIN
ZK INTERNATIONAL GROUP CO LTD
NASDAQ
Steel
$24.86M$0.828.63%N/A-0.42x1.71
INHD
INNO HOLDINGS INC
NASDAQ
Steel
$15.68M$5.135.12%-$2.98M-3.23x0.46
SBSW
SIBANYE STILLWATER LTD
NYSE
Gold
$2.84B$4.01-3.14%-$1.96B-1.41x1.87
USAU
US GOLD CORP
NASDAQ
Gold
$74.80M$6.97-4.78%-$8.21M-8.40x0.53
GORO
GOLD RESOURCE CORP
NYSEMKT
Gold
$17.16M$0.187.78%-$13.20M-0.37x1.71
CRH
CRH PUBLIC LTD CO
NYSE
Building Materials
$66.52B$97.92-0.64%N/AN/A1.28
NVA
NOVA MINERALS LTD
NASDAQ
Gold
$3.04B$11.19-4.28%-$10.39M-211.13x0.10
HLP
HONGLI GROUP INC
NASDAQ
Steel
$18.41M$1.37-1.44%-$284.86k-9.13x0.58
ALTM
ARCADIUM LITHIUM PLC
NYSE
Specialty Chemicals
$5.53B$5.14-1.34%N/AN/A0.46
GRFX
GRAPHEX GROUP LTD
NYSEMKT
Other Industrial Metals & Mining
$9.23M$0.191.06%N/AN/A1.55
TMC
TMC THE METALS CO INC
NASDAQ
Other Industrial Metals & Mining
$259.41M$0.800.50%-$109.14M-2.16x-3.86

Basic Material Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
16-0.20%-0.97%+0.87%+3.87%31.12x1.38x+7.26%+3.11%+5.33%+12.24%Buy
4-1.57%-6.37%-4.75%+25.25%-11.52x1.98x+4.41%+1.18%+5.62%+25.42%Strong Buy
16-1.49%-4.86%-3.60%+33.96%26.05x3.11x+11.46%+6.01%+9.90%+11.57%Buy
31-0.79%-2.90%-1.44%+38.01%29.22x5.61x-13.51%+11.69%+21.09%+7.06%Buy
17-0.35%-2.16%-5.60%-21.33%14.52x1.32x+2.26%+1.22%+3.49%+38.72%Buy
6-1.36%+0.17%-5.01%-11.54%11.07x1.74x+17.04%+11.30%+15.18%+36.20%Strong Buy
7-2.21%-1.20%-3.60%+18.78%28.03x4.75x+24.47%+10.61%+21.63%+14.74%Buy
45-2.25%+0.51%+4.13%+18.50%0.40x1.84x+2.01%+1.09%+4.45%+29.60%Buy
5-1.28%-2.73%-1.50%+2.68%-10.01x1.87x+10.81%+7.34%+10.78%+19.20%Buy
39-1.53%-1.14%-1.84%-12.05%14.71x1.90x+7.87%+6.29%+16.65%+38.72%Buy
18-2.25%-0.80%+3.49%+13.03%-11.31x1.72x-2.16%-0.24%+1.85%+59.58%Strong Buy
6-1.69%-4.02%+4.09%+18.67%16.54x1.79x+12.62%+3.87%+8.49%+12.56%Buy
3-2.52%-1.31%-3.22%+22.61%-0.84x1.47x+4.21%+4.46%+6.20%+30.17%Strong Buy
60-0.48%-1.78%-3.25%+2.65%30.24x3.35x+21.11%+6.77%+12.35%+16.60%Buy
24-2.96%-6.10%-7.77%-14.94%12.58x0.78x+9.49%+6.16%+9.72%+20.14%Buy
6-0.34%-0.26%-3.60%+21.02%5.72x1.40x+22.82%+13.54%+17.85%+18.85%Strong Buy
9-3.06%-9.09%-4.80%+21.63%49.32x4.66x+8.09%+2.53%+5.42%+31.86%Strong Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Dec 2024?

According to Due Diligence Score, the 3 best basic material stocks to buy right now are:

1. Idaho Strategic Resources (NYSEMKT:IDR)


Idaho Strategic Resources (NYSEMKT:IDR) is the top basic material stock with a Due Diligence Score of 71, which is 40 points higher than the basic material sector average of 31. It passed 24 out of 33 due diligence checks and has strong fundamentals. Idaho Strategic Resources has seen its stock return 89.62% over the past year, overperforming other basic material stocks by 79 percentage points.

Idaho Strategic Resources has an average 1 year price target of $14.00, an upside of 17.94% from Idaho Strategic Resources's current stock price of $11.87.

Idaho Strategic Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Idaho Strategic Resources, 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.

2. Rpm International (NYSE:RPM)


Rpm International (NYSE:RPM) is the second best basic material stock with a Due Diligence Score of 62, which is 31 points higher than the basic material sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Rpm International has seen its stock return 20.93% over the past year, overperforming other basic material stocks by 10 percentage points.

Rpm International has an average 1 year price target of $133.44, an upside of 0.77% from Rpm International's current stock price of $132.43.

Rpm International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Rpm International, 11.11% have issued a Strong Buy rating, 33.33% have issued a Buy, 55.56% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Uranium Royalty (NASDAQ:UROY)


Uranium Royalty (NASDAQ:UROY) is the third best basic material stock with a Due Diligence Score of 60, which is 29 points higher than the basic material sector average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Uranium Royalty has seen its stock lose -14.71% over the past year, underperforming other basic material stocks by -25 percentage points.

Uranium Royalty has an average 1 year price target of $5.60, an upside of 141.38% from Uranium Royalty's current stock price of $2.32.

Uranium Royalty stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Uranium Royalty, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% 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. Alpha Metallurgical Resources (NYSE:AMR)


Alpha Metallurgical Resources (NYSE:AMR) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.2%.

Alpha Metallurgical Resources's dividend payout ratio of 1.8% indicates that its dividend yield is sustainable for the long-term.

2. Ssr Mining (NASDAQ:SSRM)


Ssr Mining (NASDAQ:SSRM) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.2%.

Ssr Mining's dividend payout ratio of -2.9% indicates that its dividend yield might not be sustainable for the long-term.

3. National Steel Co (NYSE:SID)


National Steel Co (NYSE:SID) has an annual dividend yield of 13.34%, which is 11 percentage points higher than the basic material sector average of 2.2%. National Steel Co's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. National Steel Co's dividend has shown consistent growth over the last 10 years.

National Steel Co's dividend payout ratio of -860.2% 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 -1.09% in the last day, and down -2.65% over the last week.

We couldn't find a catalyst for why basic material stocks are down.

What are the most undervalued basic material stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued basic material stocks right now are:

1. Core Molding Technologies (NYSEMKT:CMT)


Core Molding Technologies (NYSEMKT:CMT) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Core Molding Technologies has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Core Molding Technologies's stock has dropped -10.97% in the past year. It has underperformed other stocks in the basic material sector by -22 percentage points.

2. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has gained 102.85% in the past year. It has overperformed other stocks in the basic material sector by 92 percentage points.

3. Taseko Mines (NYSEMKT:TGB)


Taseko Mines (NYSEMKT:TGB) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Taseko Mines has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Taseko Mines's stock has gained 69.11% in the past year. It has overperformed other stocks in the basic material sector by 58 percentage points.

Are basic material stocks a good buy now?

48.89% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 16.95% over the next year.

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

The average P/E ratio of the basic materials sector is 22.24x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.