Ero Copper Corp [ERO] stock is trading at $14.14, up 7.37%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ERO shares have gain 7.20% over the last week, with a monthly amount glided 1.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ero Copper Corp [NYSE: ERO] stock has seen the most recent analyst activity on February 12, 2025, when TD Cowen upgraded its rating to a Buy. On September 03, 2024, upgrade upgraded it’s rating to Outperform. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $28 on September 03, 2024. Jefferies upgraded its rating to a Buy. BMO Capital Markets upgraded its rating to Outperform for this stock on June 26, 2024. In a note dated May 30, 2024, Scotiabank upgraded an Sector Outperform rating on this stock.
Ero Copper Corp [ERO] stock has fluctuated between $12.70 and $24.34 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Ero Copper Corp [NYSE: ERO] shares were valued at $14.14 at the most recent close of the market. An investor can expect a potential return of 34.37% based on the average ERO price forecast.
Analyzing the ERO fundamentals
Ero Copper Corp [NYSE:ERO] reported sales of 464.13M for the trailing twelve months, which represents a growth of 18.69%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 13.45 points at the first support level, and at 12.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.51, and for the 2nd resistance point, it is at 14.88.
Ratios To Look Out For
For context, Ero Copper Corp’s Current Ratio is 0.68. As well, the Quick Ratio is 0.42, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 3.15, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 79.44.
