AVTR - Perpetua Resources top gainer among Basic Materials stocks Taseko Mines at bottom

Materials-related stocks took a hit this week following the US Federal Reserve's latest policy update accelerating its interest hike forecast and upgrading inflation expectations.In the past 5 day trading session, iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XLB) fell -4.81% and -4.35%, respectively.Copper prices plunged to their lowest in two months, while future prices for platinum and palladium were down ~7% and more than 11%, respectively.U.S. lumber futures too has been on a losing streak, logging its biggest–ever weekly drop in the previous week, with prices in Chicago down 18%. Lumber prices have fallen around 40% since May's record high of over $1,700 per thousand board feet and are expected to slide even further as supply catches up with demand.For the week ending June 18, 2021, Perpetua Resources (PPTA) +6.39% became the biggest gainer among the Basic Materials sector (of stocks with a market cap of $300M+). The company was

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Perpetua Resources top gainer among Basic Materials stocks, Taseko Mines at bottom