NYSE:ERO Ero Copper (ERO) Stock Price, News & Analysis → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad) Free ERO Stock Alerts $21.52 -0.29 (-1.33%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$21.49▼$22.5450-Day Range$16.56▼$21.8252-Week Range$11.35▼$24.38Volume470,894 shsAverage Volume449,629 shsMarket Capitalization$2.21 billionP/E Ratio33.11Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Ero Copper alerts: Email Address Ero Copper MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside11.5% Upside$24.00 Price TargetShort InterestHealthy1.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth91.56%From $1.54 to $2.95 Per ShareSee Full Details Hide Full Details 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.3.22 out of 5 starsBasic Materials Sector85th out of 173 stocksPrivate Households Industry2nd out of 4 stocks 2.1 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageEro Copper has only been the subject of 2 research reports in the past 90 days.Read more about Ero Copper's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.77% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Ero Copper has recently decreased by 20.59%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 3.3 News and Social Media Coverage News SentimentEro Copper has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Ero Copper this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ERO on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows4 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions71.30% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ero Copper's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 91.56% in the coming year, from $1.54 to $2.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 33.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 33.11, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 139.57.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ero Copper's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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.Read More ERO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERO Stock News HeadlinesMay 11, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Ero Copper Corp. (NYSE:ERO) Increased by National Bank FinancialMay 7, 2024 | globenewswire.comEro Copper Reports First Quarter Operating and Financial ResultsMay 12, 2024 | Crypto 101 Media (Ad)Shocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 7, 2024 | americanbankingnews.comJefferies Financial Group Initiates Coverage on Ero Copper (NYSE:ERO)April 30, 2024 | ca.finance.yahoo.comSOMA GOLD REPORTS YEAR-END FINANCIAL RESULTS AND OPERATING HIGHLIGHTSApril 25, 2024 | finanznachrichten.deEro Copper Corp.: Ero Copper Announces Voting Results of Annual General Meeting of ShareholdersApril 24, 2024 | globenewswire.comEro Copper Announces Voting Results of Annual General Meeting of ShareholdersApril 23, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Lundin Gold (OtherLUGDF) and Ero Copper (ERO)May 12, 2024 | Crypto 101 Media (Ad)Shocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.April 19, 2024 | msn.comExploring Weirton Steel's legacy: An American melting pot, economic titan near extinctionApril 18, 2024 | finance.yahoo.comMost Shareholders Will Probably Find That The CEO Compensation For Ero Copper Corp. (TSE:ERO) Is ReasonableApril 11, 2024 | globenewswire.comEro Copper to Release First Quarter 2024 Operating and Financial Results on May 7, 2024April 5, 2024 | fool.comWhy Precious Metals Stocks Were Glittering This WeekApril 4, 2024 | stockhouse.comSOMA ANNOUNCES GOLD PRODUCTION FOR Q1 2024 OF 7,335 AUEQ, AN 8% INCREASE FROM 2023March 28, 2024 | theglobeandmail.comWomen lead here—but why do so many of them leave?March 20, 2024 | msn.comCommodity market open interest hits six-month high as oil and copper inflows surge - JPMMarch 16, 2024 | finance.yahoo.comERO Apr 2024 17.500 callMarch 13, 2024 | baystreet.caTSX Rolls OnMarch 11, 2024 | msn.comTSX Today: What to Watch for in Stocks on Monday, March 11March 10, 2024 | realmoney.thestreet.comEro Copper just downgraded at PI Financial, here's whyMarch 8, 2024 | msn.comEro Copper Non-GAAP EPS of $0.21, revenue of $116.4M; reaffirms FY24 outlookMarch 7, 2024 | globenewswire.comEro Copper Reports Fourth Quarter and Full Year 2023 Operating and Financial ResultsFebruary 22, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Nutrien (NTR), Ero Copper (ERO) and Pan American Silver (PAAS)February 22, 2024 | markets.businessinsider.comEro Copper Holds Steady: Analyst Reaffirms Rating Amidst Consistent Performance and Cautious Cost ProjectionsFebruary 21, 2024 | finance.yahoo.comEro Copper Announces 2023 Production Results and Provides 2024 GuidanceFebruary 19, 2024 | finance.yahoo.comRecent uptick might appease Ero Copper Corp. (TSE:ERO) institutional owners after losing 2.1% over the past yearFebruary 17, 2024 | finance.yahoo.comERO Mar 2024 12.500 callSee More Headlines Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Today5/11/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Private households Sub-IndustryN/A Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+11.5%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.65 Trailing P/E Ratio33.11 Forward P/E Ratio13.97 P/E GrowthN/ANet Income$92.80 million Net Margins14.23% Pretax Margin22.65% Return on Equity11.86% Return on Assets5.85% Debt Debt-to-Equity Ratio0.65 Current Ratio1.23 Quick Ratio0.94 Sales & Book Value Annual Sales$432.32 million Price / Sales5.12 Cash Flow$1.37 per share Price / Cash Flow15.75 Book Value$5.88 per share Price / Book3.66Miscellaneous Outstanding Shares102,769,000Free FloatN/AMarket Cap$2.21 billion OptionableNot Optionable Beta1.21 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. David Maxwell Strang (Age 56)CEO & Director Comp: $1.28MMr. Makko DeFilippoPresident & COOMr. Wayne DrierChief Financial OfficerMr. Deepk HundalSenior VP, General Counsel & Corporate SecretaryMr. Michel RichardChief Geological OfficerMs. 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 SarnoVice President of Asset ManagementMore ExecutivesKey CompetitorsFirst Majestic SilverNYSE:AGCoeur MiningNYSE:CDEMaterionNYSE:MTRNStepanNYSE:SCLIngevityNYSE:NGVTView All CompetitorsInstitutional OwnershipRussell Investments Group Ltd.Bought 30,665 shares on 5/8/2024Ownership: 0.763%Swiss National BankBought 17,600 shares on 5/7/2024Ownership: 0.179%Jennison Associates LLCBought 1,121,095 shares on 5/2/2024Ownership: 3.890%Mirae Asset Global Investments Co. Ltd.Sold 315,769 shares on 5/1/2024Ownership: 1.880%Van ECK Associates CorpSold 6,472 shares on 4/30/2024Ownership: 0.104%View All Institutional Transactions ERO Stock Analysis - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued twelve-month price targets for Ero Copper's shares. Their ERO share price targets range from $24.00 to $24.00. On average, they predict the company's share price to reach $24.00 in the next year. This suggests a possible upside of 11.5% 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 shares have increased by 36.3% and is now trading at $21.52. View the best growth stocks for 2024 here. Are investors shorting Ero Copper? Ero Copper saw a decline in short interest in 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 days-to-cover ratio is currently 4.3 days. Currently, 1.8% of the shares of the company are short sold. 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) issued its quarterly earnings data on Thursday, March, 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The company earned $116.41 million during the quarter, compared to analyst estimates of $104.20 million. Ero Copper had a net margin of 14.23% and a trailing twelve-month return on equity of 11.86%. During the same quarter in the previous year, the company earned $0.24 earnings per share. What ETFs hold Ero Copper's stock? ETFs with the largest weight of Ero Copper (NYSE:ERO) stock in their portfolio include Sprott Junior Copper Miners ETF (COPJ), Macquarie Energy Transition ETF (PWER), VanEck Brazil Small-Cap ETF (BRF), Global X Copper Miners ETF (COPX), iShares Copper and Metals Mining ETF (ICOP), Global X Brazil Active ETF (BRAZ), Sprott Energy Transition Materials ETF (SETM) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). Who are Ero Copper's major shareholders? Ero Copper's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (3.89%), Mirae Asset Global Investments Co. Ltd. (1.88%), Russell Investments Group Ltd. (0.76%), Swiss National Bank (0.18%), Van ECK Associates Corp (0.10%) and Simplex Trading LLC (0.00%). 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 5/12/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeCollapse of the Petrodollar Colonial MetalsShocking: One AI startup's revenue could surge 4,735%Manward Press[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICHe Is Giving Away BitcoinCrypto Swap ProfitsMissed NVDA? Buy this AI stock NOWChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ero Copper Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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