Ero Copper Corp ERO

Morningstar Rating
CA$54.05 +3.30 (6.50%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ERO is trading within a range we consider fairly valued.
Price
CA$54.05
Fair Value
LOCK|.#$^dck
Uncertainty
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1-Star Price
LOCK|.s!C<c%
5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
CA$50.75
Day Range
CA$52.11–54.41
52-Week Range
CA$27.22–56.62
Bid/Ask
CA$52.01 / CA$54.44
Shares Outstanding
104.30M
Market Cap
CA$5.64B
Volume/Avg
429,109 / 413,455

Key Statistics

Price/Earnings (Normalized)
12.98
Price/Sales
3.69
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Ero Copper Corp is a high-margin, high-growth copper producer with operations in Brazil. Its primary asset is its 99.6% ownership interest in Mineracao Caraiba S.A., held indirectly through its wholly-owned subsidiary. The company also owns a 97.6% ownership interest in NX Gold S.A. indirectly through its wholly-owned subsidiary. Its reporting segments include its three operating mines in Brazil, the Caraiba Operations, the Tucuma Operation, and the Xavantina Operations, and its corporate head office in Canada.
Sector
Basic Materials
Industry
Copper
Stock Style Box
Small Core
Total Number of Employees
3,547

Valuation

Metric
ERO
Price/Earnings (Normalized)
12.98
Price/Book Value
3.07
Price/Sales
3.69
Price/Cash Flow
8.23
Price/Earnings
ERO

Financial Strength

Metric
ERO
Quick Ratio
0.69
Current Ratio
1.37
Interest Coverage
15.97
Quick Ratio
ERO

Profitability

Metric
ERO
Return on Assets (Normalized)
15.14%
Return on Equity (Normalized)
29.89%
Return on Invested Capital (Normalized)
19.32%
Return on Assets
ERO

Copper Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Southern Copper Corp
SCCO
LOCK|j?tP^J<LOCK|#$l$174B
Freeport-McMoRan Inc
FCX
LOCK|X#?kyHLOCK|Z!r$103B
Antofagasta PLC
ANFGF
—LOCK|NjDY$49B
Teck Resources Ltd Ordinary Shares - Class A (New)
TCKRF
—LOCK|nl$34B
Teck Resources Ltd Class B (Sub Voting)
TECK
LOCK|C#H$^j@LOCK|Tr$34B
First Quantum Minerals Ltd
FQVLF
—LOCK|Sjc$23B
Lundin Mining Corp
LUNMF
—LOCK|<<$21B
Lundin Mining Corp ADR
LNDMY
—LOCK|bV$21B
Jiangxi Copper Co Ltd Class H
JIAXF
—LOCK|$WN$19B
KGHM Polska Miedz SA
KGHPF
—LOCK|&p$17B

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