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Best Basic Material Stocks to Buy Now (2024)
Top basic material stocks in 2024 ranked by overall Zen 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 Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ASPI
ASP ISOTOPES INC
NASDAQ
Chemicals
$151.66M$3.100.32%-$16.14M-6.33x0.54
IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC
NYSE
Specialty Chemicals
$21.44B$83.970.44%-$1.00B-8.36x1.12
MUX
MCEWEN MINING INC
NYSE
Other Precious Metals & Mining
$554.72M$11.221.63%$82.60M9.67x0.31
FNV
FRANCO NEVADA CORP
NYSE
Gold
$23.34B$121.47-0.16%-$88.20M-49.99x0.04
CNEY
CN ENERGY GROUP INC
NASDAQ
Specialty Chemicals
$1.69M$0.71-5.33%-$2.58M-0.23x0.22
SLVM
SYLVAMO CORP
NYSE
Paper & Paper Products
$2.41B$58.462.80%$546.00M9.71x2.19
CCJ
CAMECO CORP
NYSE
Uranium
$20.85B$48.10-0.15%$614.46M77.71x0.63
VHI
VALHI INC
NYSE
Chemicals
$438.47M$15.502.65%$47.90M-36.90x1.58
SGML
SIGMA LITHIUM CORP
NASDAQ
Other Industrial Metals & Mining
$1.46B$13.35-0.45%-$66.34M-17.38x1.08
ITP
IT TECH PACKAGING INC
NYSEMKT
Paper & Paper Products
$2.11M$0.22-4.72%$5.61M-0.22x0.16
SSRM
SSR MINING INC
NASDAQ
Gold
$1.08B$5.343.89%$50.09M-11.13x0.32
NEM
NEWMONT CORP
NYSE
Gold
$44.97B$39.021.22%$383.00M-13.14x0.91
PAAS
PAN AMERICAN SILVER CORP
NYSE
Gold
$6.95B$19.070.05%$490.70M-59.59x0.51
NITO
N2OFF INC
NASDAQ
Agricultural Inputs
$3.44M$1.15-3.77%-$6.50M-0.21x0.12
TMQ
TRILOGY METALS INC
NYSEMKT
Other Industrial Metals & Mining
$63.27M$0.405.90%-$13.47M-4.39x0.00
IPI
INTREPID POTASH INC
NYSE
Agricultural Inputs
$258.35M$19.660.72%-$4.66M-7.02x0.12
WWR
WESTWATER RESOURCES INC
NYSEMKT
Other Industrial Metals & Mining
$25.38M$0.45-0.89%-$7.40M-2.97x0.07
ARLO
ARLO TECHNOLOGIES INC
NYSE
Building Products & Equipment
$1.01B$10.46-1.04%-$16.20M-43.58x1.77
AUST
AUSTIN GOLD CORP
NYSEMKT
Gold
$15.13M$1.140.88%-$2.94M-5.16x0.06
DOW
DOW INC
NYSE
Chemicals
$39.79B$56.660.30%$3.94B69.10x2.09
ASM
AVINO SILVER & GOLD MINES LTD
NYSEMKT
Other Precious Metals & Mining
$95.90M$0.750.95%$2.11MN/A0.21
URG
UR-ENERGY INC
NYSEMKT
Uranium
$475.95M$1.69-1.17%-$29.15M-14.08x0.72
NAK
NORTHERN DYNASTY MINERALS LTD
NYSEMKT
Other Industrial Metals & Mining
$157.77M$0.293.17%-$15.34M-10.10x0.17
THM
INTERNATIONAL TOWER HILL MINES LTD
NYSEMKT
Gold
$134.79M$0.680.75%-$3.40M-33.75x0.00
MTAL
METALS ACQUISITION LTD
NYSE
Copper
$645.04M$12.84-1.23%-$28.23M-2.66x3.87
CGAU
CENTERRA GOLD INC
NYSE
Gold
$1.33B$6.191.98%$158.67M-16.73x0.36
SWIM
LATHAM GROUP INC
NASDAQ
Building Products & Equipment
$354.24M$3.070.33%$69.28M-153.50x1.09
FSM
FORTUNA SILVER MINES INC
NYSE
Gold
$1.43B$4.653.10%$230.43M-27.35x0.55
GROY
GOLD ROYALTY CORP
NYSEMKT
Other Precious Metals & Mining
$284.05M$1.951.56%-$30.04M-10.83x0.33
SMG
SCOTTS MIRACLE-GRO CO
NYSE
Agricultural Inputs
$3.78B$66.74-1.80%-$207.40M-9.45x-10.64
DNMR
DANIMER SCIENTIFIC INC
NYSE
Specialty Chemicals
$88.54M$0.78-2.27%-$96.46M-0.51x1.51
CGA
CHINA GREEN AGRICULTURE INC
NYSE
Agricultural Inputs
$40.22M$2.911.75%-$13.62M-2.40x0.52
ACNT
ASCENT INDUSTRIES CO
NASDAQ
Steel
$101.15M$9.991.42%-$21.41M-3.80x0.52
ZKIN
ZK INTERNATIONAL GROUP CO LTD
NASDAQ
Steel
$18.84M$0.623.33%N/A-2.95x0.40
CENX
CENTURY ALUMINUM CO
NASDAQ
Aluminum
$1.66B$17.892.70%$52.50M-38.06x4.23
IONR
IONEER LTD
NASDAQ
Other Industrial Metals & Mining
$279.23M$5.29-3.11%N/A-0.67x0.03
XPL
SOLITARIO RESOURCES CORP
NYSEMKT
Other Industrial Metals & Mining
$56.14M$0.710.57%-$3.69M-14.10x0.03
CMP
COMPASS MINERALS INTERNATIONAL INC
NYSE
Other Industrial Metals & Mining
$556.05M$13.46-1.03%$105.60M-9.16x2.93
EMX
EMX ROYALTY CORP
NYSEMKT
Other Industrial Metals & Mining
$217.73M$1.94-0.51%$5.09M-66.90x0.32
HLP
HONGLI GROUP INC
NASDAQ
Steel
$14.72M$1.190.85%$3.38M7.00x0.51
SLSR
SOLARIS RESOURCES INC
NYSEMKT
Gold
N/A$3.28N/A-$40.08M11.31x2.08
AREC
AMERICAN RESOURCES CORP
NASDAQ
Coking Coal
$106.89M$1.35-2.88%-$9.38M-9.00x408.87
WRN
WESTERN COPPER & GOLD CORP
NYSEMKT
Other Industrial Metals & Mining
$239.17M$1.442.49%-$2.30M-96.00x0.03
GLDG
GOLDMINING INC
NYSEMKT
Gold
$156.88M$0.850.35%-$17.14M-8.28x0.04
PLG
PLATINUM GROUP METALS LTD
NYSEMKT
Other Precious Metals & Mining
$137.32M$1.34-3.60%-$5.10M-22.33x0.06
LWLG
LIGHTWAVE LOGIC INC
NASDAQ
Specialty Chemicals
$479.12M$4.02-1.95%-$19.73M-22.33x0.15
NGD
NEW GOLD INC
NYSEMKT
Gold
$1.20B$1.750.00%$189.10M-19.44x1.90
EU
ENCORE ENERGY CORP
NASDAQ
Uranium
$688.61M$4.171.46%-$12.99M-26.06x0.13
CSTE
CAESARSTONE LTD
NASDAQ
Building Products & Equipment
$196.49M$5.694.60%-$57.44M-1.82x0.83
OR
OSISKO GOLD ROYALTIES LTD
NYSE
Gold
$2.99B$16.11-0.31%$30.50M-84.35x0.19
USGO
US GOLDMINING INC
NASDAQ
Other Industrial Metals & Mining
$72.41M$5.84-12.97%-$9.29M-7.12x0.07
EVA
ENVIVA INC
NYSE
Lumber & Wood Production
$26.45M$0.36-10.13%-$38.24M-0.07x8.49
SMID
SMITH MIDLAND CORP
NASDAQ
Building Materials
$192.00M$36.52-2.69%$3.43M332.00x0.71
MATV
MATIV HOLDINGS INC
NYSE
Specialty Chemicals
$970.89M$17.881.59%-$72.70M-3.14x1.78
NMG
NOUVEAU MONDE GRAPHITE INC
NYSE
Other Industrial Metals & Mining
$123.03M$2.02-1.46%-$34.53M-2.95x1.28
AG
FIRST MAJESTIC SILVER CORP
NYSE
Silver
$1.93B$6.73-0.59%-$43.47M-14.02x0.46
AVD
AMERICAN VANGUARD CORP
NYSE
Agricultural Inputs
$384.89M$11.110.18%$44.97M41.15x1.07
TFPM
TRIPLE FLAG PRECIOUS METALS CORP
NYSE
Other Precious Metals & Mining
$3.14B$15.58-0.45%$105.99M86.56x0.05
AMLI
AMERICAN LITHIUM CORP
NASDAQ
Other Industrial Metals & Mining
$115.70M$0.54-3.75%-$42.95M-2.70x0.03
VZLA
VIZSLA SILVER CORP
NYSEMKT
Other Industrial Metals & Mining
$296.39M$1.420.71%-$12.89M-21.52x0.02
VGZ
VISTA GOLD CORP
NYSEMKT
Gold
$67.33M$0.550.73%-$6.55M-11.08x0.80
UROY
URANIUM ROYALTY CORP
NASDAQ
Uranium
$264.73M$2.340.43%$4.01M53.18x0.00
IAUX
I-80 GOLD CORP
NYSEMKT
Gold
$379.10M$1.275.83%-$32.24M-5.29x0.70
SLI
STANDARD LITHIUM LTD
NYSEMKT
Other Industrial Metals & Mining
$181.77M$1.05-5.41%-$39.12M-4.39x0.08
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
NASDAQ
Building Products & Equipment
$8.49M$0.473.30%-$3.72M-1.88x0.16
LAC
LITHIUM AMERICAS CORP
NYSE
Other Industrial Metals & Mining
$765.21M$4.731.50%-$3.39M-236.50x0.08
NFGC
NEW FOUND GOLD CORP
NYSEMKT
Gold
$687.69M$3.680.00%-$58.03M-11.12x0.29
LITM
SNOW LAKE RESOURCES LTD
NASDAQ
Other Industrial Metals & Mining
$17.65M$0.87-1.59%N/A-1.84x0.25
ATLX
ATLAS LITHIUM CORP
NASDAQ
Other Precious Metals & Mining
$177.24M$13.88-7.71%-$41.32M-0.03x3.87
NEWP
NEW PACIFIC METALS CORP
NYSEMKT
Other Precious Metals & Mining
$336.96M$1.970.00%-$5.33M-65.67x0.01
ABAT
AMERICAN BATTERY TECHNOLOGY CO
NASDAQ
Other Industrial Metals & Mining
$69.53M$1.34-1.47%-$28.67M-1.94x0.34
WFG
WEST FRASER TIMBER CO LTD
NYSE
Lumber & Wood Production
$6.32B$77.37-1.11%$262.00M-38.49x0.30
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$634.65M$9.54-0.31%-$9.08M-2.61x3.19
MTA
METALLA ROYALTY & STREAMING LTD
NYSEMKT
Other Precious Metals & Mining
$286.26M$3.15-1.87%-$674.26k-38.89x0.09
HGAS
GLOBAL GAS CORP
NASDAQ
Specialty Chemicals
$10.97M$1.353.05%-$300.18k-19.29x-2.61
PPTA
PERPETUA RESOURCES CORP
NASDAQ
Other Precious Metals & Mining
$395.00M$6.160.49%-$18.69M-20.53x0.15
CDE
COEUR MINING INC
NYSE
Gold
$1.74B$4.501.35%$76.85M-15.00x1.03
CRKN
CROWN ELECTROKINETICS CORP
NASDAQ
Specialty Chemicals
$2.90M$0.067.69%-$18.21M-0.01x1.04
HL
HECLA MINING CO
NYSE
Other Precious Metals & Mining
$3.32B$5.310.57%$124.00M-37.93x0.53
BAK
BRASKEM SA
NYSE
Chemicals
$3.45B$8.650.12%$965.42M-3.83x22.16
GATO
GATOS SILVER INC
NYSE
Other Precious Metals & Mining
$669.67M$9.680.73%$13.73M50.95x0.09
LZM
LIFEZONE METALS LTD
NYSE
Other Industrial Metals & Mining
$525.97M$6.72-13.85%-$362.62M-1.26x0.31
DC
DAKOTA GOLD CORP
NYSEMKT
Gold
$221.01M$2.520.80%-$37.36M-5.36x0.05
YTEN
YIELD10 BIOSCIENCE INC
NASDAQ
Agricultural Inputs
$3.93M$0.26-6.59%-$13.86M-0.14x-2.57
RYAM
RAYONIER ADVANCED MATERIALS INC
NYSE
Chemicals
$281.21M$4.300.94%$79.65M-2.74x1.92
AUMN
GOLDEN MINERALS CO
NYSEMKT
Other Precious Metals & Mining
$8.96M$0.62-3.15%-$9.25M-0.57x1.92
FMST
FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD
NASDAQ
Uranium
$11.80M$2.432.32%N/A-7.60x0.16
IPX
IPERIONX LTD
NASDAQ
Other Industrial Metals & Mining
$309.53M$13.80-1.95%N/A-13.80x0.13
GLT
GLATFELTER CORP
NYSE
Paper & Paper Products
$69.98M$1.555.44%$55.94M-0.89x5.09
AA
ALCOA CORP
NYSE
Aluminum
$6.38B$35.530.17%$277.00M-9.73x1.96
NG
NOVAGOLD RESOURCES INC
NYSEMKT
Gold
$1.04B$3.100.98%-$32.68M-23.85x-8.87
NEXA
NEXA RESOURCES SA
NYSE
Other Industrial Metals & Mining
$966.80M$7.300.97%$208.95M-3.35x2.82
USAS
AMERICAS GOLD & SILVER CORP
NYSEMKT
Other Industrial Metals & Mining
$60.80M$0.287.34%-$7.98M-1.74x2.03
GORO
GOLD RESOURCE CORP
NYSEMKT
Gold
$43.14M$0.496.35%$4.47M-2.70x0.90
IVP
INSPIRE VETERINARY PARTNERS INC
NASDAQ
Agricultural Inputs
$3.42M$0.040.00%-$10.84M-0.02x-28.64
GRFX
GRAPHEX GROUP LTD
NYSEMKT
Other Industrial Metals & Mining
$10.19M$0.235.58%N/AN/A1.29
CRML
CRITICAL METALS CORP
NASDAQ
Other Industrial Metals & Mining
$661.28M$8.10-3.57%N/A-0.00x0.13
ELBM
ELECTRA BATTERY MATERIALS CORP
NASDAQ
Other Industrial Metals & Mining
$22.78M$0.41-2.86%N/A-13.60x0.60
ITRG
INTEGRA RESOURCES CORP
NYSEMKT
Other Precious Metals & Mining
$59.92M$0.87-0.11%-$26.88M-1.67x1.03
SKE
SKEENA RESOURCES LTD
NYSE
Other Industrial Metals & Mining
$418.97M$4.64-0.64%-$78.44M-4.89x0.57

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
18+0.36%-0.78%-2.53%-24.70%26.55x1.37x+9.98%+3.93%+6.64%+16.94%Buy
4-0.02%+1.02%+16.26%+22.98%-4.33x2.03x-4.28%-1.82%+1.20%-8.98%Buy
15-1.15%-4.68%-4.43%+58.14%26.26x3.10x+17.10%+8.10%+13.34%+11.86%Buy
33-0.39%-3.24%-4.58%+55.82%26.36x5.17x+29.11%+10.24%+18.58%+7.84%Buy
16+0.87%-0.97%+0.92%+9.73%41.15x1.94x+4.86%+1.91%+4.02%+15.72%Buy
6-1.09%+2.20%+3.67%+63.03%7.36x2.13x+32.13%+21.79%+29.29%+11.63%Buy
7-1.28%-1.16%+12.46%+25.42%36.55x5.94x+20.54%+8.75%+19.00%-13.99%Buy
44+0.61%+1.04%+14.04%-9.72%11.24x1.71x+1.51%+0.83%+3.47%+14.75%Buy
6+0.71%-1.66%-4.94%+27.33%1.14x1.74x+13.16%+8.57%+12.85%+15.14%Buy
40-0.83%-4.41%-0.99%-29.60%14.18x2.14x+11.23%+7.13%+14.29%+58.83%Buy
17-0.68%-1.63%+16.97%-6.52%14.71x1.61x+0.37%+3.25%+4.74%+52.86%Buy
6+2.11%-0.22%-1.62%+19.31%5.65x1.64x+30.18%+9.14%+16.61%-11.76%Hold
3+0.89%-1.26%+33.14%-5.22%5.17x1.62x-0.67%+0.58%+0.15%+28.94%Buy
58+0.21%-1.47%-3.80%+8.62%30.32x3.35x+20.33%+6.98%+12.55%+13.91%Buy
23+0.17%-1.65%-1.52%+19.02%13.84x0.99x+14.77%+9.01%+14.49%+7.93%Hold
6+0.35%+0.47%+1.38%+21.81%4.27x1.24x+34.03%+19.36%+26.95%+20.69%Strong Buy
10+0.55%-4.38%+8.90%+63.75%1.88x4.41x-3.50%+4.95%+6.86%+41.43%Strong Buy

Basic Material Stocks FAQ

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

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

1. Chemical & Mining Co Of Chile (NYSE:SQM)


Chemical & Mining Co Of Chile (NYSE:SQM) is the top basic material stock with a Zen Score of 69, which is 39 points higher than the basic material sector average of 30. It passed 26 out of 38 due diligence checks and has strong fundamentals. Chemical & Mining Co Of Chile has seen its stock lose -43.76% over the past year, underperforming other basic material stocks by -63 percentage points.

Chemical & Mining Co Of Chile has an average 1 year price target of $59.05, an upside of 31.25% from Chemical & Mining Co Of Chile's current stock price of $44.99.

Chemical & Mining Co Of Chile stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chemical & Mining Co Of Chile, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Albemarle (NYSE:ALB)


Albemarle (NYSE:ALB) is the second best basic material stock with a Zen Score of 65, which is 35 points higher than the basic material sector average of 30. It passed 24 out of 38 due diligence checks and has strong fundamentals. Albemarle has seen its stock lose -44.97% over the past year, underperforming other basic material stocks by -64 percentage points.

Albemarle has an average 1 year price target of $141.71, an upside of 26.35% from Albemarle's current stock price of $112.15.

Albemarle stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Albemarle, 29.41% have issued a Strong Buy rating, 17.65% have issued a Buy, 41.18% have issued a Hold, while 0% have issued a Sell rating, and 11.76% have issued a Strong Sell.

3. Oil Dri Of America (NYSE:ODC)


Oil Dri Of America (NYSE:ODC) is the third best basic material stock with a Zen Score of 63, which is 33 points higher than the basic material sector average of 30. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 59.49% over the past year, overperforming other basic material stocks by 40 percentage points.

What are the basic material stocks with highest dividends?

Out of 135 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Nexa Resources Sa (NYSE:NEXA)


Nexa Resources Sa (NYSE:NEXA) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.91%. Nexa Resources Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Nexa Resources Sa's dividend has not shown consistent growth over the last 10 years.

Nexa Resources Sa's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Futurefuel (NYSE:FF)


Futurefuel (NYSE:FF) has an annual dividend yield of 48.67%, which is 46 percentage points higher than the basic material sector average of 2.91%. Futurefuel's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Futurefuel's dividend has shown consistent growth over the last 10 years.

Futurefuel's dividend payout ratio of 28.2% indicates that its high dividend yield is sustainable for the long-term.

3. Cvr Partners (NYSE:UAN)


Cvr Partners (NYSE:UAN) has an annual dividend yield of 23.24%, which is 20 percentage points higher than the basic material sector average of 2.91%. Cvr Partners's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Cvr Partners's dividend has not shown consistent growth over the last 10 years.

Cvr Partners's dividend payout ratio of 163.2% 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 -0.12% in the last day, and down -2.01% 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. Hudson Technologies (NASDAQ:HDSN)


Hudson Technologies (NASDAQ:HDSN) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Hudson Technologies has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 28.89% in the past year. It has overperformed other stocks in the basic material sector by 10 percentage points.

2. Methanex (NASDAQ:MEOH)


Methanex (NASDAQ:MEOH) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Methanex has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Methanex's stock has gained 1.53% in the past year. It has underperformed other stocks in the basic material sector by -18 percentage points.

3. Algoma Steel Group (NASDAQ:ASTL)


Algoma Steel Group (NASDAQ:ASTL) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Algoma Steel Group has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Algoma Steel Group's stock has gained 0.26% in the past year. It has underperformed other stocks in the basic material sector by -19 percentage points.

Are basic material stocks a good buy now?

51.72% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 12.82% 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 23.35x.
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.