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NYSE:ERO

Ero Copper (ERO) Stock Price, News & Analysis

$21.30
-0.31 (-1.43%)
(As of 05/31/2024 ET)
Today's Range
$20.98
$21.85
50-Day Range
$18.56
$23.92
52-Week Range
$11.35
$24.38
Volume
410,689 shs
Average Volume
417,131 shs
Market Capitalization
$2.19 billion
P/E Ratio
32.77
Dividend Yield
N/A
Price Target
$24.00

Ero Copper MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
12.7% Upside
$24.00 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.57mentions of Ero Copper in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
91.57%
From $1.66 to $3.18 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.

2.99 out of 5 stars

Basic Materials Sector

85th out of 171 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

3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off
Investors need to consider some of the world's most critical trends if they want to expose their portfolios to global growth. Some of these current trends are electric vehicles (EVs) and artificial intelligence components, which go beyond semiconductor and technology stocks.
3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off (ERO)
Three copper stocks could help investors get additional upside for their portfolios, especially if they are missing influence from the AI and EV trends
Ero Copper (NYSE:ERO) Upgraded to "Sector Outperform" at Scotiabank
Ero Copper (NYSE:ERO) Downgraded by Ventum Cap Mkts
Women lead here—but why do so many of them leave?
ERO Apr 2024 17.500 call
TSX Rolls On
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
6/02/2024
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
+12.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
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
$1.38 per share
Book Value
$5.88 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.19 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1-year price objectives for Ero Copper's shares. Their ERO share price targets range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 12.7% 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 2024. Since then, ERO stock has increased by 34.9% and is now trading at $21.30.
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 volume of 378,600 shares, the short-interest ratio is currently 4.3 days. Currently, 1.8% of the company's 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) posted its quarterly earnings data on Tuesday, May, 7th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.11. The business had revenue of $105.80 million for the quarter, compared to analyst estimates of $104.40 million. Ero Copper had a net margin of 14.23% and a trailing twelve-month return on equity of 11.86%.

Who are Ero Copper's major shareholders?

Ero Copper's stock is owned by a number of retail and institutional investors. Top institutional investors 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%), Boston Partners (0.71%) and Swiss National Bank (0.18%).

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 6/2/2024 by MarketBeat.com Staff

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