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 $14.15, up 1.8% from the previous day, and has decreased 6.97% in one year. It has underperformed other stocks in the Copper industry by 0.23 percentage points. Ero Copper stock is currently +10.72% from its 52-week low of $12.78, and -41.87% from its 52-week high of $24.34.
As of Jan 17, 2025, there are 103.3M shares of ERO outstanding. The market cap of ERO is $1.46B. In the past 24 hours, 299,009 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 a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Ero Copper stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your details.
- 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 market research tools can help you decide 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 buy ERO stock at a particular price.
- Get key alerts regarding your investment in ERO: Create a watchlist to key updates about your investment in Ero Copper stock.
Step 1: Decide where to buy Ero Copper stock
You will need a brokerage account to access the NYSE market and buy ERO shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Tech to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
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 information so you can buy ERO today.
How to Open 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 details to create a new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring money into your investment account.
Step 4: Analyze Ero Copper stock
After you have chosen the best place to buy Ero Copper stock, it's critical to analyze their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
Ero Copper Numbers
Ero Copper Due Diligence Score
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ERO's stock page.
Is ERO stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ERO's intrinsic value.
Using relative valuations measures:
- ERO may be overvalued based on its P/E ratio of 74.47x, relative to Copper industry P/E ratio of 27.42x
- ERO could be undervalued based on its P/B ratio of 2.05x, relative to Copper industry P/B ratio of 4.63x
- ERO could be undervalued based on its PEG ratio of 0.06x
You can access more valuation research on ERO's stock here.
Is ERO a healthy company?
Pros:
- ERO has $20.23M in cash and short term investments. This is enough to cover its annual cash burn of $252.88M.
Cons:
- ERO has a relatively high debt to equity ratio of 1.12.
- There are more short-term liabilities than short-term assets on the ERO balance sheet.
- ERO profit margin has gone down from 18.3% to 3.7% in the past year.
- There are more long-term liabilities than short-term assets on the ERO balance sheet.
- ERO has cash burn of 252878000. It does not have sufficient cash and short-term investments to cover this.
Do Wall Street analysts think it's a good time to buy ERO stock
Out of 1 Equities analysts who give ratings on ERO, the consensus analyst rating on Ero Copper is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Ero Copper stock forecast page.
ERO Momentum
How are ERO Revenues/Earnings doing?
Last year, ERO earnings were $17.02M. Over the last three year, ERO's earnings have grown by -97.24% per year. This was slower than the Copper industry average of 30.32%.
Last year, ERO revenue was $464.13M. Over the last 3 year, ERO's revenue has increased by 34.2% per year. This was faster than the Copper industry average of 10.45%.
Learn more about ERO's earnings and revenue performance here.
Latest Insiders Trades at ERO
In the last 12 months, executives and large shareholders at ERO have not bought or sold any shares.
Learn more about who owns ERO shares here.
Can I rely on ERO as an income stream?
No, Ero Copper doesn't provide an income stream by paying out dividends.
ERO Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your ERO buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in ERO
Now that you own some ERO stock, you'll want to stay up-to-date on your new investment.
Add ERO to a watchlist to track the latest developments regarding your ERO stock.
ERO Feed
How to Buy Stock in Ero Copper
To reiterate, here are the 6 steps for buying Ero Copper stock:
- 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 require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Ero Copper, add ERO to your watchlist by clicking the button below.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.