ERO:CA:TSX-Ero Copper Corp (CAD)

COMMON STOCK | Copper | TSX

Last Closing Price

CAD 16.06

Change

-0.24 (-1.47)%

Market Cap

CAD 1.46B

Volume

0.15M

Avg Analyst Target

CAD 28.66 (+78.46%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Ero Copper Corp (ERO) Stock Analysis:
Based on the Ero Copper Corp stock forecasts from 11 analysts, the average analyst target price for Ero Copper Corp is CAD 28.66 over the next 12 months. Ero Copper Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Ero Copper Corp is Bullish , which is based on 9 positive signals and 2 negative signals. At the last closing, Ero Copper Corp’s stock price was CAD 16.06. Ero Copper Corp’s stock price has changed by -1.65% over the past week, -1.54% over the past month and -23.30% over the last year.

About

Ero Copper Corp., a mining company, focuses on the production, exploration, and development of mining projects in Brazil. The company also explores for copper, gold, and silver deposits. Its principal property is the Vale do Curaçá property covering an area of approximately 153 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-17 )

Largest Industry Peers for Copper

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
FM:CA First Quantum Minerals Ltd

+0.27 (+0.78%)

CAD23.99B 32.08 8.16
KAT:CA Katanga Mining Limited

N/A

CAD9.49B N/A N/A
LUN:CA Lundin Mining Corporation

+0.35 (+3.26%)

CAD7.88B 9.41 5.12
TRQ:CA Turquoise Hill Resources Ltd

+0.48 (+2.35%)

CAD4.11B 6.22 7.28
HBM:CA Hudbay Minerals Inc

+0.21 (+2.13%)

CAD2.58B 40.17 14.09
CS:CA Capstone Mining Corp

+0.17 (+2.81%)

CAD2.50B 9.35 5.07
AYM:CA Atalaya Mining Plc

-0.05 (-0.68%)

CAD1.02B 6.16 4.98
CMMC:CA Copper Mountain Mining Corpora..

-0.06 (-1.56%)

CAD0.81B 8.28 3.03
TKO:CA Taseko Mines Limited

+0.02 (+0.79%)

CAD0.72B 23.21 6.37
III:CA Imperial Metals Corporation

+0.05 (+1.37%)

CAD0.52B 0.52 28.37

ETFs Containing ERO:CA

Symbol Name Weight Mer Price(Change) Market Cap
ZMT:CA BMO Equal Weight Global B.. 0.00 % 0.61 %

N/A

CAD0.08B

Market Performance

  Market Performance vs.
Industry/Classification (Copper)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -16.79% 7% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -16.79% 7% F 1% F
Trailing 12 Months  
Capital Gain -23.30% 14% F 10% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -23.30% 14% F 10% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 38.25% 64% D 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 38.25% 64% D 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 52.05% 79% C+ 19% F
Risk Adjusted Return 73.48% 100% A+ 78% C+
Market Capitalization 1.46B 67% D+ 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Copper)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.14 93% A 80% B-
Price/Book Ratio 3.77 13% F 21% F
Price / Cash Flow Ratio 8.98 64% D 43% F
EV/EBITDA 5.27 58% F 75% C
Management Effectiveness  
Return on Equity 87.58% 100% A+ 99% A+
Return on Invested Capital 40.68% 100% A+ 98% A+
Return on Assets 30.13% 100% A+ 99% A+
Debt to Equity Ratio 73.14% 31% F 41% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 2.33 29% F 8% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.