Ero Copper Corp ERO
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.
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News
-
Ero Copper Reports First Quarter Operating and Financial Results
-
Ero Copper Announces Voting Results of Annual General Meeting of Shareholders
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Ero Copper to Release First Quarter 2024 Operating and Financial Results on May 7, 2024
-
Ero Copper Reports Fourth Quarter and Full Year 2023 Operating and Financial Results
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Ero Copper Announces 2023 Production Results and Provides 2024 Guidance
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Ero Copper Moves to Enter Earn-In Agreement for 60% Interest in Brazil Copper Project
Trading Information
- Previous Close Price
- CAD 29.83
- Day Range
- CAD 29.49–30.48
- 52-Week Range
- CAD 15.72–32.12
- Bid/Ask
- CAD 30.10 / CAD 30.29
- Market Cap
- CAD 3.11 Bil
- Volume/Avg
- 391,679 / 341,158
Key Statistics
- Price/Earnings (Normalized)
- 28.39
- Price/Sales
- 5.04
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Ero Copper Corp is a base metals mining company. It is predominantly focused on the production and sale of copper with gold and silver produced and sold as by-products. Ero's operations are segmented between its mines in Brazil, the Caraiba Operations and the Xavantina Operations, its development project, the Tucuma Project in Brazil and corporate. Majority revenue is generated from its Caraiba Operations segment which consists of mining operations and processing facilities including the Pilar and Vermelhos underground mines and the Surubim open pit mine.
- Sector
- Basic Materials
- Industry
- Copper
- Stock Style Box
- Small Core
- Total Number of Employees
- 3,374
- Website
- https://www.erocopper.com
Comparables
Valuation
|
Metric
|
ERO
|
CXB
|
EQX
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.39 | 8.99 | 135.75 |
Price/Book Value | 2.97 | 1.49 | 0.75 |
Price/Sales | 5.04 | 1.52 | 1.57 |
Price/Cash Flow | 15.84 | 5.12 | 5.50 |
Price/Earnings
ERO
CXB
EQX
Financial Strength
|
Metric
|
ERO
|
CXB
|
EQX
|
|---|---|---|---|
Quick Ratio | 0.53 | 0.40 | 0.77 |
Current Ratio | 0.82 | 2.16 | 1.74 |
Interest Coverage | 8.72 | 47.02 | 1.05 |
Quick Ratio
ERO
CXB
EQX
Profitability
|
Metric
|
ERO
|
CXB
|
EQX
|
|---|---|---|---|
Return on Assets (Normalized) | 5.53% | 8.50% | 0.25% |
Return on Equity (Normalized) | 10.93% | 13.28% | 0.43% |
Return on Invested Capital (Normalized) | 6.55% | 11.61% | 1.29% |
Return on Assets
ERO
CXB
EQX
Copper Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SCCO
| Southern Copper Corp | Bnpztcnx | Jnvyn | $96.0 Bil | |
FCX
| Freeport-McMoRan Inc | Zzfq | Rxyyqc | $77.0 Bil | |
ANFGF
| Antofagasta PLC | — | Ftch | $28.6 Bil | |
FQVLF
| First Quantum Minerals Ltd | — | Fbxsr | $11.9 Bil | |
JIAXF
| Jiangxi Copper Co Ltd Class H | — | Hynl | $10.7 Bil | |
LUNMF
| Lundin Mining Corp | — | Vsx | $9.5 Bil | |
KGHPF
| KGHM Polska Miedz SA | — | Lbdfb | $7.6 Bil | |
CSCCF
| Capstone Copper Corp | — | Slnhb | $5.9 Bil | |
MMLTF
| MMG Ltd | — | Wryqg | $4.2 Bil | |
HBM
| Hudbay Minerals Inc | — | Twdf | $3.4 Bil |