A share price of Ero Copper Corp [ERO] is currently trading at $21.14, up 2.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ERO shares have gain 8.91% over the last week, with a monthly amount glided 9.65%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ero Copper Corp [NYSE: ERO] stock has seen the most recent analyst activity on August 31, 2023, when Scotiabank downgraded its rating to a Sector Perform. Previously, BMO Capital Markets downgraded its rating to Market Perform on June 30, 2023, and dropped its price target to $24.
Ero Copper Corp experienced fluctuations in its stock price throughout the past year between $11.35 and $24.38. Ero Copper Corp [NYSE: ERO] shares were valued at $21.14 at the most recent close of the market.
Analyzing the ERO fundamentals
Trailing Twelve Months sales for Ero Copper Corp [NYSE:ERO] were 427.48M which represents -0.22% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.65 points at the first support level, and at 20.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.38, and for the 2nd resistance point, it is at 21.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ero Copper Corp [NYSE:ERO] is 1.15. Also, the Quick Ratio is 0.90, while the Cash Ratio stands at 0.64. Considering the valuation of this stock, the price to sales ratio is 5.08, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 21.73.
