A new trading day began on Monday, with Ero Copper Corp (NYSE: ERO) stock price up 6.30% from the previous day of trading, before settling in for the closing price of $21.6. ERO’s price has ranged from $9.30 to $24.48 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 189.52%. With a float of $95.92 million, this company’s outstanding shares have now reached $103.79 million.
Ero Copper Corp (ERO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Copper Industry. The insider ownership of Ero Copper Corp is 7.67%, while institutional ownership is 74.00%.
Ero Copper Corp (ERO) Latest Financial update
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.17 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
Ero Copper Corp (NYSE: ERO) Trading Performance Indicators
Here are Ero Copper Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06. Likewise, its price to free cash flow for the trailing twelve months is 93.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.32, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 3.84 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 0.83 million was superior to 0.68 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.24%.
During the past 100 days, Ero Copper Corp’s (ERO) raw stochastic average was set at 87.00%, which indicates a significant decrease from 99.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.03 in the past 14 days, which was higher than the 0.74 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.87, while its 200-day Moving Average is $15.56. Now, the first resistance to watch is $23.42. This is followed by the second major resistance level at $23.87. The third major resistance level sits at $24.78. If the price goes on to break the first support level at $22.06, it is likely to go to the next support level at $21.15. The third support level lies at $20.70 if the price breaches the second support level.
Ero Copper Corp (NYSE: ERO) Key Stats
With a market capitalization of 2.39 billion, the company has a total of 103,607K Shares Outstanding. Currently, annual sales are 470,260 K while annual income is -68,480 K. The company’s previous quarter sales were 177,100 K while its latest quarter income was 35,980 K.
