ERO:TSX-Ero Copper Corp (CAD)

COMMON STOCK | Copper | TSX

Last Closing Price

CAD 13.85

Change

-0.53 (-3.69)%

Market Cap

CAD 1.30B

Volume

0.31M

Avg Analyst Target

CAD 21.60 (+55.96%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ERO Stock Forecast & Price:
Based on the Ero Copper Corp stock forecasts from 10 analysts, the average analyst target price for Ero Copper Corp is CAD 21.60 over the next 12 months. Ero Copper Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Ero Copper Corp is Very Bullish, which is based on 9 positive signals and 1 negative signals. At the last closing, Ero Copper Corp’s stock price was CAD 13.85. Ero Copper Corp’s stock price has changed by +13.43% over the past week, +25.23% over the past month and -42.22% over the last year.

About Ero Copper Corp (ERO:CA:TSX)

Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia st ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-12 )

Largest Industry Peers for Copper

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

+0.57 (+2.33%)

CAD16.90B 9.73 5.69
KAT:CA Katanga Mining Limited

N/A

CAD9.49B N/A N/A
TRQ:CA Turquoise Hill Resources Ltd.

+0.74 (+2.26%)

CAD6.60B 9.06 11.74
LUN:CA Lundin Mining Corporation

+0.22 (+3.09%)

CAD5.70B 5.91 2.84
CS:CA Capstone Mining Corp

-0.04 (-1.16%)

CAD2.30B 5.74 5.74
HBM:CA HudBay Minerals Inc

-0.18 (-3.00%)

CAD1.57B 40.17 7.47
AYM:CA Atalaya Mining Ltd

+0.06 (+1.49%)

CAD0.60B 3.96 2.69
TKO:CA Taseko Mines Ltd

-0.05 (-3.42%)

CAD0.42B 8.17 3.40
III:CA Imperial Metals Corporation

+0.02 (+0.75%)

CAD0.41B 0.52 38.99
CMMC:CA Copper Mountain Mining Corp

N/A

CAD0.37B 11.53 4.39

ETFs Containing ERO:CA

Symbol Name Weight Mer Price(Change) Market Cap
ZMT:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.61 %

+0.40 (+0.82%)

CAD0.04B

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 -28.24% 47% F 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -28.24% 47% F 11% F
Trailing 12 Months  
Capital Gain -43.05% 21% F 8% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -43.05% 21% F 8% 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 33.67% 57% F 92% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 33.67% 57% F 92% A-
Risk Return Profile  
Volatility (Standard Deviation) 56.81% 79% C+ 15% F
Risk Adjusted Return 59.26% 100% A+ 76% C
Market Capitalization 1.30B 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 5.87 64% D 76% C
Price/Book Ratio 2.03 13% F 35% F
Price / Cash Flow Ratio 3.58 53% F 57% F
EV/EBITDA 5.12 47% F 52% F
Management Effectiveness  
Return on Equity 66.48% 100% A+ 98% A+
Return on Invested Capital 57.11% 100% A+ 97% A+
Return on Assets 28.55% 100% A+ 99% A+
Debt to Equity Ratio 13.97% 67% D+ 79% C+
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
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 2.35 36% F 7% 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.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

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.