Brokerages Set Ero Copper Corp. Price Target at C33.96
ERO Etf | USD 15.22 0.04 0.26% |
About 61% of Ero Copper's investor base is looking to short. The current sentiment regarding investing in Ero Copper Corp etf implies that many traders are alarmed. Ero Copper's investing sentiment overview a quick insight into current market opportunities from investing in Ero Copper Corp. Many technical investors use Ero Copper Corp etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ero |
Shares of Ero Copper Corp. have received an average recommendation of Moderate Buy from the twelve ratings firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating
Read at thelincolnianonline.com
Ero Copper Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Ero Copper can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ero Copper Fundamental Analysis
We analyze Ero Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ero Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ero Copper based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Ero Copper is currently under evaluation in earnings per share as compared to similar ETFs. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Ero Copper Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ero Copper etf to make a market-neutral strategy. Peer analysis of Ero Copper could also be used in its relative valuation, which is a method of valuing Ero Copper by comparing valuation metrics with similar companies.
Peers
Ero Copper Related Equities
CPCPF | CopperCorp Resources | 7.69 | ||||
CPFXF | Copper Fox | 5.00 | ||||
TGB | Taseko Mines | 3.00 | ||||
HBM | Hudbay Minerals | 1.94 | ||||
FCX | Freeport McMoran | 1.01 | ||||
FQVLF | First Quantum | 0.15 | ||||
ARREF | Amerigo Resources | 0.81 | ||||
CSCCF | Capstone Copper | 1.02 | ||||
CPPKF | Copperbank Resources | 4.69 | ||||
CPPMF | Copper Mountain | 9.09 |
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.