NYSE:ERO

Ero Copper (ERO) Stock Price, News & Analysis

$21.93
-0.19 (-0.86%)
(As of 05/15/2024 ET)
Today's Range
$21.76
$22.40
50-Day Range
$16.56
$22.12
52-Week Range
$11.35
$24.38
Volume
394,709 shs
Average Volume
354,478 shs
Market Capitalization
$2.25 billion
P/E Ratio
33.74
Dividend Yield
N/A
Price Target
$24.00

Ero Copper MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
9.4% Upside
$24.00 Price Target
Short Interest
Healthy
1.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of Ero Copper in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
91.19%
From $1.59 to $3.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.30 out of 5 stars

Basic Materials Sector

125th out of 176 stocks

Private Households Industry

2nd out of 4 stocks

ERO stock logo

About Ero Copper Stock (NYSE:ERO)

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

ERO Stock Price History

ERO Stock News Headlines

Women lead here—but why do so many of them leave?
ERO Apr 2024 17.500 call
TSX Rolls On
Ero Copper just downgraded at PI Financial, here's why
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/15/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Employees
2,864
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$92.80 million
Pretax Margin
22.65%

Debt

Sales & Book Value

Annual Sales
$427.48 million
Cash Flow
$1.41 per share
Book Value
$5.88 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.27 billion
Optionable
Not Optionable
Beta
1.21
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Key Executives

  • Mr. David Maxwell Strang (Age 56)
    CEO & Director
    Comp: $1.28M
  • Mr. Makko DeFilippo
    President & COO
  • Mr. Wayne Drier
    Chief Financial Officer
  • Mr. Deepk Hundal
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Michel Richard
    Chief Geological Officer
  • Ms. Courtney R. B. Lynn (Age 42)
    Senior Vice President of Corporate Development, Investor Relations & Sustainability
  • Mr. Eduardo de Come (Age 58)
    Chief Executive Officer of Ero Brazil
  • Mr. Emilio Sarno
    Vice President of Asset Management

ERO Stock Analysis - Frequently Asked Questions

Should I buy or sell Ero Copper stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares.
View ERO analyst ratings
or view top-rated stocks.

What is Ero Copper's stock price target for 2024?

5 Wall Street analysts have issued twelve-month target prices for Ero Copper's shares. Their ERO share price targets range from $24.00 to $24.00. On average, they anticipate the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts price targets for ERO
or view top-rated stocks among Wall Street analysts.

How have ERO shares performed in 2024?

Ero Copper's stock was trading at $15.79 at the beginning of the year. Since then, ERO stock has increased by 38.9% and is now trading at $21.93.
View the best growth stocks for 2024 here
.

Are investors shorting Ero Copper?

Ero Copper saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,620,000 shares, a decline of 20.6% from the April 15th total of 2,040,000 shares. Based on an average daily trading volume, of 378,600 shares, the days-to-cover ratio is currently 4.3 days. Approximately 1.8% of the shares of the stock are sold short.
View Ero Copper's Short Interest
.

When is Ero Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our ERO earnings forecast
.

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (NYSE:ERO) announced its quarterly earnings results on Thursday, March, 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.23 by $0.02. The business earned $116.41 million during the quarter, compared to analysts' expectations of $104.20 million. Ero Copper had a trailing twelve-month return on equity of 11.86% and a net margin of 14.23%. During the same period last year, the company posted $0.24 earnings per share.

Who are Ero Copper's major shareholders?

Ero Copper's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (8.86%), Jennison Associates LLC (3.89%), Mirae Asset Global Investments Co. Ltd. (1.88%), Russell Investments Group Ltd. (0.76%), Swiss National Bank (0.18%) and Van ECK Associates Corp (0.10%).

How do I buy shares of Ero Copper?

Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ERO) was last updated on 5/15/2024 by MarketBeat.com Staff

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