A share price of Ero Copper Corp [ERO] is currently trading at $15.90, up 8.53%. An important factor to consider is whether the stock is rising or falling in short-term value. The ERO shares have gain 11.27% over the last week, with a monthly amount glided 25.10%, 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.
Ero Copper Corp experienced fluctuations in its stock price throughout the past year between $9.30 and $23.40. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Ero Copper Corp [NYSE: ERO] shares were valued at $15.90 at the most recent close of the market. An investor can expect a potential return of 19.5% based on the average ERO price forecast.
Analyzing the ERO fundamentals
Trailing Twelve Months sales for Ero Copper Corp [NYSE:ERO] were 489.55M which represents 18.24% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ero Copper Corp [NYSE:ERO] is 1.05. On the other hand, the Quick Ratio is 0.78, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 3.36, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 90.39.
