Ero Copper (NYSE:ERO) Sees Unusually-High Trading Volume

Ero Copper Corp. (NYSE:EROGet Rating) saw unusually-high trading volume on Monday . Approximately 4,025 shares changed hands during trading, a decline of 95% from the previous session’s volume of 78,182 shares.The stock last traded at $11.19 and had previously closed at $11.06.

Separately, StockNews.com started coverage on shares of Ero Copper in a report on Thursday, March 31st. They set a “buy” rating on the stock.

The firm’s fifty day simple moving average is $13.26. The company has a market cap of $953.80 million, a price-to-earnings ratio of 4.37 and a beta of 0.82.

Ero Copper (NYSE:EROGet Rating) last posted its quarterly earnings results on Monday, May 9th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.04). Ero Copper had a net margin of 46.48% and a return on equity of 95.68%. The company had revenue of $108.91 million for the quarter. On average, analysts forecast that Ero Copper Corp. will post 1.93 EPS for the current year.

Ero Copper Company Profile (NYSE:ERO)

Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver byproducts.

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