Michael Hocking - Ero Copper Vice Exploration

ERO Stock  CAD 21.33  0.61  2.78%   

Executive

Michael Hocking is Vice Exploration of Ero Copper Corp
Address 625 Howe Street, Vancouver, BC, Canada, V6C 2T6
Phone604 449 9244
Webhttps://erocopper.com

Ero Copper Management Efficiency

The company has return on total asset (ROA) of 0.0401 % which means that it generated a profit of $0.0401 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0269 %, meaning that it generated $0.0269 on every $100 dollars invested by stockholders. Ero Copper's management efficiency ratios could be used to measure how well Ero Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Ero Copper's Debt To Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Assets is likely to grow to 0.08, while Other Current Assets are likely to drop about 28.2 M.
Ero Copper Corp has accumulated 445.84 M in total debt with debt to equity ratio (D/E) of 1.94, which is about average as compared to similar companies. Ero Copper Corp has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ero Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Ero Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ero Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ero to invest in growth at high rates of return. When we think about Ero Copper's use of debt, we should always consider it together with cash and equity.

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Ero Copper Corp., a base metals mining company, focuses on the production and sale of copper in Brazil. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada. ERO COPPER operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 2138 people. Ero Copper Corp (ERO) is traded on Toronto Exchange in Canada and employs 3,374 people. Ero Copper is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Ero Copper Corp Leadership Team

Elected by the shareholders, the Ero Copper's board of directors comprises two types of representatives: Ero Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ero. The board's role is to monitor Ero Copper's management team and ensure that shareholders' interests are well served. Ero Copper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ero Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sally Eyre, Independent Director
Michel Richard, Chief Geological Officer
Wayne Drier, Chief Financial Officer
Steven Busby, Independent Director
Makko DeFilippo, Vice President - Corporate Development
Matthew Wubs, Independent Director
Christopher CMA, Ex Chairman
Eduardo Come, Chief Brazil
Pablo MejiaHerrera, VP Exploration
John Wright, Lead Independent Director
Lyle Braaten, Independent Director
Anthea Bath, Chief Officer
Gelson Batista, Senior Operations
David Strang, President, Chief Executive Officer, Director
Courtney Lynn, Investor Development
Deepk Hundal, Vice President General Counsel and Corporate Secretary
Chantal Gosselin, Independent Director
Michael Hocking, Vice Exploration
Robert Getz, Independent Director
Christopher Dunn, Executive Chairman of the Board
Emilio Sarno, Vice Management

Ero Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ero Copper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ero Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ero Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ero Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ero Stock

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Moving against Ero Stock

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The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ero Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ero Copper Corp to buy it.
The correlation of Ero Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ero Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ero Copper Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ero Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ero Copper Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ero Copper Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between Ero Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ero Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ero Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.