The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ero Copper Corp's Score
Industry at a Glance
Industry Ranking
28 / 120
Overall Ranking
144 / 4623
Industry
Metals & Mining
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
31.714
Target Price
+52.40%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ero Copper Corp Highlights
StrengthsRisks
Ero Copper Corp is a Canada-based clean copper producer with operations in Brazil. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A., 100% owner of the Caraiba Operations, which is comprised of the operations located in the Curaca Valley, Bahia State, Brazil. The Company’s operations include Caraiba Operations, Tucuma Project and Xavantina Operations. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers north-northwest of the capital city of Salvador, which include the Pilar and Vermelhos underground mines and the Surubim open pit mine. The Company open pit mine, and the Boa Esperana development project (Tucuma Project), an IOCG-type copper project located in Para, Brazil. It also owns 97.6% of NX Gold S.A. (NX Gold) which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso, Brazil and approximately 670 km east of the capital city of Cuiaba.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 2.70, at a high 3-year percentile range.
Fairly Valued
The company’s latest PB is 2.70, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 77.09M shares, decreasing 6.19% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.34.
Ero Copper Corp is a Canada-based clean copper producer with operations in Brazil. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A., 100% owner of the Caraiba Operations, which is comprised of the operations located in the Curaca Valley, Bahia State, Brazil. The Company’s operations include Caraiba Operations, Tucuma Project and Xavantina Operations. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers north-northwest of the capital city of Salvador, which include the Pilar and Vermelhos underground mines and the Surubim open pit mine. The Company open pit mine, and the Boa Esperana development project (Tucuma Project), an IOCG-type copper project located in Para, Brazil. It also owns 97.6% of NX Gold S.A. (NX Gold) which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso, Brazil and approximately 670 km east of the capital city of Cuiaba.