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 $19.08, up 2.47% from the previous day, and has increased 0.79% in one year. It has underperformed other stocks in the Copper industry by 0.32 percentage points. Ero Copper stock is currently +68.11% from its 52-week low of $11.35, and -21.74% from its 52-week high of $24.38.
As of Apr 25, 2024, there are 102.75M shares of ERO outstanding. The market cap of ERO is $1.96B. In the past 24 hours, 450,940 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:
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- 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 Zen 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 undervalued based on its P/E ratio of 19.27x, relative to Copper industry P/E ratio of 36.25x
- ERO could be undervalued based on its P/B ratio of 2.44x, relative to Copper industry P/B ratio of 5.89x
- ERO could be undervalued based on its PEG ratio of 0.25x
You can access more valuation research on ERO's stock here.
Is ERO a healthy company?
Pros:
- There are more short-term assets than short-term liabilities on the ERO balance sheet.
- ERO has $111.74M in cash and short term investments. This is enough to cover its annual cash burn of $297.55M.
Cons:
- ERO has a relatively high debt to equity ratio of 0.87.
- ERO profit margin has gone down from 23.9% to 21.7% in the past year.
- There are more long-term liabilities than short-term assets on the ERO balance sheet.
- ERO has cash burn of 297550000. It does not have sufficient cash and short-term investments to cover this.
You can dive deeper into what analysts are projecting on the Ero Copper stock forecast page.
ERO Momentum
ERO Performance Metrics
Last year, ERO earnings were $92.80M. Over the past 4 year, ERO's earnings have increased by -2.15% per year. This was slower than the Copper industry average of 2.54%.
Last year, ERO revenue was $427.48M. Over the last 4 year, ERO's revenue has gone up by 10.68% per year. This was faster than the Copper industry average of 5.53%.
Find out more about ERO's earnings and revenue performance here.
What are ERO executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at ERO have not bought or sold any shares.
Research more about who owns ERO stock here.
Can I rely on ERO as an income stream?
No, Ero Copper doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ERO buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you need additional help with buying stocks on eToro, click the how to 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 stock purchase.
Put ERO on a watchlist to get the latest updates about your ERO stock.
ERO Feed
How to Buy Stock in Ero Copper
To summarize, here are the 6 steps to buy 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 are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Ero Copper, add ERO to your watchlist below.
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