How to Buy Ero Copper Stock
Ero Copper Corp
Ero Copper is a copper company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker ERO on the NYSE exchange.
Ero Copper stock last closed at $25.00, down 0.52% from the previous day, and has increased 69.38% in one year. It has overperformed other stocks in the Copper industry by 0.3 percentage points. Ero Copper stock is currently +168.82% from its 52-week low of $9.30, and -6.61% from its 52-week high of $26.77.
At the moment, there are 103.79M ERO shares outstanding. The market capitalization of ERO is $2.59B. In the last 24 hours, 1.15M ERO shares were traded.
How to Buy Ero Copper Stock
Not sure how to invest in Ero Copper stock? Here's how.
- Decide where to buy Ero Copper stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Ero Copper stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your information.
- Analyze Ero Copper stock: The Ero Copper ticker symbol is ERO. Is Ero Copper stock a good investment? Should you buy shares of ERO? How do ERO's underlying business fundamentals look? Do top analysts think Ero Copper is a good buy? Why has ERO's stock price moved recently? (Hint: Our stock research website can help you understand if ERO is a good stock to buy).
- Place your ERO buy order: Decide if you will purchase ERO shares at the current market price or use a limit order to purchase ERO shares at a specific price.
- Get key alerts regarding your investment in ERO: Create a watchlist to the latest updates on your position in Ero Copper stock.
Step 1: Decide where to buy Ero Copper stock
You need an online brokerage account to access the NYSE market and buy ERO stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you can buy ERO today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
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Step 3: Fund your brokerage account
Now that you have created your account on the best stock market app for beginners, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring funds into your investment account.
Step 4: Analyze Ero Copper stock
After you have chosen the best place to buy Ero Copper stock, it's crucial to analyze their stock before you buy, so you can understand the risk as well as the opportunity.
Ero Copper Metrics
Fundamentals of Ero Copper
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on ERO's stock page.
Is ERO stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ERO's fair value.
Using relative valuations ratios:
- ERO may be undervalued based on its P/E ratio of 18.8x, relative to Copper industry P/E ratio of 28.99x
- ERO may be undervalued based on its P/B ratio of 2.93x, relative to Copper industry P/B ratio of 5.69x
- ERO could be undervalued based on its PEG ratio of 0.39x
You can access additional valuation research on ERO's stock here.
A look at ERO Cashflows and Balance Sheet
Pros:
- ERO's operating cash flow of $326.81M allows it to safely service it's debt of $638.38M.
- ERO earnings of $198.43M is not enough to cover its interest payments.
- ERO profit margin has gone up from 3.7% to 23.4% in the past year.
Cons:
- There are more long-term liabilities than short-term assets on the ERO balance sheet.
- ERO has a relatively high debt to equity ratio of 1.11.
- There are more short-term liabilities than short-term assets on the ERO balance sheet.
Do analysts think it's a good time to buy ERO stock
Out of 1 sell side analysts who give forecasts on ERO, the consensus analyst rating on Ero Copper is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Ero Copper stock forecast page.
Metrics for Advanced ERO Traders
ERO Growth Numbers
Last year, ERO earnings were $137.81M. In the last four year, ERO's earnings have increased by -13.36% per year. This was slower than the Copper industry average of 13.34%.
Last year, ERO revenue was $588.23M. In the last four year, ERO's revenue has gone up by 7.15% per year. This was slower than the Copper industry average of 10.63%.
You can analyze ERO's earnings and revenue performance here.
Are ERO insiders buying or selling the stock?
Over the past year, insiders at ERO have not bought or sold any shares.
Dig into more about who owns ERO shares here.
Can I get consistent income from ERO stock?
No, Ero Copper doesn't provide an income stream by paying out dividends.
What do other investors have to say about ERO?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ERO buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in ERO
Now that you own some shares in ERO, you'll want to keep up with your new stock purchase.
Start a watchlist to get notified of the latest news about your ERO stock.
ERO Feed
How to Buy Stock in Ero Copper
To reiterate, here are the 6 steps you need to take to buy Ero Copper stock right now:
- Decide where to buy Ero Copper stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Ero Copper stock
- Place your ERO buy order
- Get key alerts regarding your investment in ERO
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Ero Copper, click the button below.
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