At the time of writing, Ero Copper Corp [ERO] stock is trading at $14.15, up 11.33%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ERO shares have gain 11.68% over the last week, with a monthly amount glided 42.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On February 12, 2025, upgrade upgraded it’s rating to Buy. Goldman started tracking the stock assigning a Buy rating. Raymond James upgraded its rating to a Outperform. BofA Securities started tracking with a Buy rating for this stock on September 03, 2024, and assigned it a price target of $28. In a note dated August 05, 2024, Jefferies upgraded an Buy rating on this stock.
For the past year, the stock price of Ero Copper Corp fluctuated between $9.30 and $24.34. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Ero Copper Corp [NYSE: ERO] shares were valued at $14.15 at the most recent close of the market. An investor can expect a potential return of 34.28% based on the average ERO price forecast.
Analyzing the ERO fundamentals
According to Ero Copper Corp [NYSE:ERO], the company’s sales were 489.55M for trailing twelve months, which represents an 18.24% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.06.
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 13.49 points at the first support level, and at 12.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.55, and for the 2nd resistance point, it is at 14.95.
Ratios To Look Out For
It is important to note that Ero Copper Corp [NYSE:ERO] has a current ratio of 1.05. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 2.99, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 80.44.
