Ero Copper Stock

Ero Copper P/E 2024

Ero Copper P/E

10.75

Ticker

ERO.TO

ISIN

CA2960061091

WKN

A2H5RW

As of Aug 21, 2024, Ero Copper's P/E ratio was 10.75, a -38.29% change from the 17.42 P/E ratio recorded in the previous year.

The Ero Copper P/E history

Ero Copper Aktienanalyse

What does Ero Copper do?

Ero Copper Corp is a Canadian mining company focused on the exploration, development, and production of copper concentrates and gold. The company was founded in 2016 and is headquartered in Vancouver, British Columbia. The company's business strategy aims to increase production at its own mine complex in the Bahia region of Brazil through exploration success, operational optimization, and vertical integration. Ero Copper Corp is working towards becoming one of the leading copper producers in Brazil. Ero Copper Corp has three main activities focusing on the exploration, development, and production of copper concentrates and gold. The company currently operates in the Mineração Caraíba and MCSA mines, as well as the idled Vermelhos mine. Mineração Caraíba is an established copper producer and one of the oldest iron ore mines in Brazil. The operation includes a mine, processing plant, and power supply infrastructure. The company has made significant investments in expanding the mine, processing plant, and power supply infrastructure in recent years. The MCSA mine consists of multiple deposits and is located approximately 8 km northwest of the Mineração Caraíba mine. It is a significant gold and copper mine with a long history of production dating back to the 1820s. Ero Copper Corp acquired the Vermelhos mine in 2016, which is a high-grade copper mine where Ero has discovered a significant, yet to be mined, copper resource. The company plans to bring Vermelhos into production and is currently undertaking an extensive exploration program there. The company sells its copper concentrates to customers in North and South America, Europe, and Asia. The copper concentrates are produced at the company's processing plant, which has an annual capacity of 6 million tonnes. Ero Copper Corp is committed to operating as an environmentally friendly operation and protecting its employees, as well as engaging with communities in the region through its operations. The company has implemented waste disposal, water treatment, and pollutant emission control programs. The company also has a social responsibility and has initiated programs to create good working conditions, support education and health, as well as promote economic development and cultural promotion in the region. In summary, Ero Copper Corp is a Canadian mining company focused on the exploration, development, and production of copper concentrates and gold. It currently operates three main activities in the Bahia region of Brazil, focusing on the Mineração Caraíba, MCSA, and Vermelhos mines. The company aims to become a leading copper producer in Brazil while prioritizing environmentally friendly production and social responsibility. Ero Copper ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ero Copper's P/E Ratio

The Price to Earnings (P/E) Ratio of Ero Copper is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Ero Copper's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Ero Copper is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Ero Copper’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Ero Copper stock

What is the price-to-earnings ratio of Ero Copper?

The price-earnings ratio of Ero Copper is currently 10.75.

How has the price-earnings ratio of Ero Copper changed compared to last year?

The price-to-earnings ratio of Ero Copper has increased by -38.29% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Ero Copper high compared to other companies?

Yes, the price-to-earnings ratio of Ero Copper is high compared to other companies.

How does an increase in the price-earnings ratio of Ero Copper affect the company?

An increase in the price-earnings ratio of Ero Copper would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Ero Copper affect the company?

A decrease in the price-earnings ratio of Ero Copper would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Ero Copper?

Some factors that influence the price-earnings ratio of Ero Copper are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Ero Copper pay?

Over the past 12 months, Ero Copper paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ero Copper is expected to pay a dividend of 0 USD.

What is the dividend yield of Ero Copper?

The current dividend yield of Ero Copper is .

When does Ero Copper pay dividends?

Ero Copper pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ero Copper?

Ero Copper paid dividends every year for the past 0 years.

What is the dividend of Ero Copper?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Ero Copper located?

Ero Copper is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ero Copper kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ero Copper from 8/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/21/2024.

When did Ero Copper pay the last dividend?

The last dividend was paid out on 8/21/2024.

What was the dividend of Ero Copper in the year 2023?

In the year 2023, Ero Copper distributed 0 USD as dividends.

In which currency does Ero Copper pay out the dividend?

The dividends of Ero Copper are distributed in USD.

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Andere Kennzahlen von Ero Copper

Our stock analysis for Ero Copper Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ero Copper Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.