Ero Copper Corp Etf Profile
| ERO Etf | USD 14.15 0.25 1.80% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Ero Copper is selling at 14.15 as of the 17th of January 2025; that is 1.80% increase since the beginning of the trading day. The etf's open price was 13.9. Ero Copper has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 17th of January 2025. Click here to learn more.
Business Domain Materials | IPO Date 27th of December 2007 | Category Basic Materials |
Ero Copper Corp., a mining company, focuses on the production, exploration, and development of mining projects in Brazil. Ero Copper is listed under Copper in the United States and is traded on New York Stock Exchange exchange. The company has 103.3 M outstanding shares of which 2.56 M shares are currently shorted by investors with about 7.79 days to cover. More on Ero Copper Corp
Moving together with Ero Etf
| 0.62 | X | United States Steel | PairCorr |
| 0.83 | AG | First Majestic Silver Buyout Trend | PairCorr |
| 0.84 | AU | AngloGold Ashanti plc | PairCorr |
| 0.94 | CE | Celanese | PairCorr |
Moving against Ero Etf
Ero Etf Highlights
| CEO | David Strang |
| Old Names | [tmc Content Group AG, tmc Content Group AG] |
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, SP TSX Composite, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors) |
| Average Analyst Recommendation Analysts covering Ero Copper report their recommendations after researching Ero Copper's financial statements, talking to executives and customers, or listening in on Ero Copper's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ero Copper Corp. The Ero consensus assessment is calculated by taking the average forecast from all of the analysts covering Ero Copper. | |
| Tax Provision | 18.05 Million |
| Total Current Liabilities | 173.8 Million |
| Total Stockholder Equity | 804.25 Million |
| Currency Code | USD |
| Fiscal Year End | December |
| Stock Based Compensation | 9.22 Million |
| Property Plant And Equipment Net | 1.28 Billion |
| Begin Period Cash Flow | 177.7 Million |
| Net Debt | 334.1 Million |
| Accounts Payable | 74.88 Million |
| Cash | 111.74 Million |
| Other Operating Expenses | 332.28 Million |
| Non Current Assets Total | 1.31 Billion |
| Non Currrent Assets Other | 30.27 Million |
| Quarterly Earnings Growth Y O Y | 13.413 |
| Forward Price Earnings | 4.0355 |
| Long Term Debt | 405.85 Million |
| Cash And Short Term Investments | 111.74 Million |
| 50 Day M A | 14.931 |
| Code | ERO |
| Common Stock Shares Outstanding | 94.9 Million |
Ero Copper Corp [ERO] is traded in USA and was established 2007-05-08. Ero Copper is listed under Metals & Mining category by Fama And French industry classification. The fund is classified under Materials category within Metals & Mining family. The entity is thematically classified as Non-Metallic and Industrial Metal Mining. Ero Copper Corp currently have 1.51 B in assets under management (AUM). , while the total return for the last 3 years was 2.4%.
Ero Copper Corp has about 119.05 M in cash with 163.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33.
Check Ero Copper Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ero Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ero Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ero Copper Corp Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Ero Copper Major Institutional Holders
| Instituion | Recorded On | Shares | |
| Frontier Capital Management Co Inc | 2024-09-30 | 833.6 K | |
| Montrusco Bolton Investments Inc | 2024-09-30 | 746.4 K | |
| Bank Of Montreal | 2024-09-30 | 678.1 K | |
| Bmo Capital Markets Corp. | 2024-09-30 | 678.1 K | |
| Boston Partners Global Investors, Inc | 2024-09-30 | 659.9 K | |
| Amundi | 2024-09-30 | 655.5 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 612.3 K | |
| American Century Companies Inc | 2024-09-30 | 596.4 K | |
| Temasek Holdings Ltd. | 2024-09-30 | 542.4 K | |
| Fmr Inc | 2024-09-30 | 11.9 M | |
| T. Rowe Price Associates, Inc. | 2024-09-30 | 9.2 M |
Ero Copper Corp Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ero Copper. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (1.07) |
Ero Copper Against Markets
Other Information on Investing in Ero Etf
Ero Copper financial ratios help investors to determine whether Ero Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ero with respect to the benefits of owning Ero Copper security.