In last trading session, Ero Copper Corp (NYSE:ERO) saw 0.41 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $12.62 trading at -$0.04 or -0.32% at ring of the bell on the day assigns it a market valuation of $1.31B. That closing price of ERO’s stock is at a discount of -92.87% from its 52-week high price of $24.34 and is indicating a premium of 26.31% from its 52-week low price of $9.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.55 million shares which gives us an average trading volume of 542.41K if we extend that period to 3-months.
For Ero Copper Corp (ERO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.17 in the current quarter.
Ero Copper Corp (NYSE:ERO) trade information
Upright in the red during last session for losing -0.32%, in the last five days ERO remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $12.62 price level, adding 0.71% to its value on the day. Ero Copper Corp’s shares saw a change of -6.38% in year-to-date performance and have moved 15.46% in past 5-day. Ero Copper Corp (NYSE:ERO) showed a performance of -5.75% in past 30-days. Number of shares sold short was 4.85 million shares which calculate 8.87 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 33.58% to its current value. Analysts have been projecting 19 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -50.55% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.55% for stock’s current value.
Ero Copper Corp (ERO) estimates and forecasts
This year revenue growth is estimated to rise 73.15% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 178.49M for the same. And 2 analysts are in estimates of company making revenue of 270.83M in the next quarter. Company posted 144.92M and 162.13M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 163.14% while estimates for its earnings growth in next 5 years are of 64.52%.
Ero Copper Corp (NYSE:ERO)’s Major holders
Insiders are in possession of 8.76% of company’s total shares while institution are holding 81.84 percent of that, with stock having share float percentage of 89.69%. Investors also watch the number of corporate investors in a company very closely, which is 81.84% institutions for Ero Copper Corp that are currently holding shares of the company. FMR LLC is the top institutional holder at ERO for having 11.66 million shares of worth $249.29 million. And as of 2024-06-30, it was holding 11.3147 of the company’s outstanding shares.
The second largest institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, which was holding about 9.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0411 of outstanding shares, having a total worth of $199.26 million.
On the other hand, T. Rowe Price All-Cap Opportunities Fd., Inc.-T. Rowe Price All-Cap Op and -Price (T.Rowe) Real Assets Trust I are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.78 shares of worth $60.29 million or 4.61% of the total outstanding shares. The later fund manager was in possession of 4.02 shares on Dec 31, 2024 , making its stake of worth around $50.77 million in the company or a holder of 3.88% of company’s stock.
