On Tuesday, Ero Copper Corp (NYSE: ERO) opened higher 3.28% from the last session, before settling in for the closing price of $14.34. Price fluctuations for ERO have ranged from $9.30 to $23.40 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 173.29% at the time writing. With a float of $94.48 million, this company’s outstanding shares have now reached $103.60 million.
Ero Copper Corp (ERO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. The insider ownership of Ero Copper Corp is 8.80%, while institutional ownership is 72.83%.
Ero Copper Corp (ERO) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.27 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.25) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
Ero Copper Corp (NYSE: ERO) Trading Performance Indicators
Check out the current performance indicators for Ero Copper Corp (ERO). In the past quarter, the stock posted a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 2.85 in one year’s time.
Technical Analysis of Ero Copper Corp (ERO)
The latest stats from [Ero Copper Corp, ERO] show that its last 5-days average volume of 0.92 million was superior to 0.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.37%.
During the past 100 days, Ero Copper Corp’s (ERO) raw stochastic average was set at 62.61%, which indicates a significant decrease from 96.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.42 in the past 14 days, which was lower than the 0.54 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.65, while its 200-day Moving Average is $13.84. Now, the first resistance to watch is $15.14. This is followed by the second major resistance level at $15.48. The third major resistance level sits at $16.09. If the price goes on to break the first support level at $14.19, it is likely to go to the next support level at $13.58. The third support level lies at $13.24 if the price breaches the second support level.
Ero Copper Corp (NYSE: ERO) Key Stats
There are currently 103,601K shares outstanding in the company with a market cap of 1.53 billion. Presently, the company’s annual sales total 470,260 K according to its annual income of -68,480 K. Last quarter, the company’s sales amounted to 163,510 K and its income totaled 70,550 K.
