In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $17.34 in the prior trading day, Ero Copper Corp (NYSE: ERO) closed at $16.57, down -4.44%. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 0.57 million shares were traded. ERO stock price reached its highest trading level at $17.01 during the session, while it also had its lowest trading level at $16.46.
Ratios:
Our goal is to gain a better understanding of ERO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.71.
On September 03, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $28.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERO now has a Market Capitalization of 1714166528 and an Enterprise Value of 2255735296. As of this moment, Ero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 93.09, and their Forward P/E ratio for the next fiscal year is 4.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.94 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 4.86 whereas that against EBITDA is 13.51.
Stock Price History:
Over the past 52 weeks, ERO has reached a high of $24.34, while it has fallen to a 52-week low of $11.35. The 50-Day Moving Average of the stock is -17.23%, while the 200-Day Moving Average is calculated to be -15.93%.
Shares Statistics:
The stock has traded on average 297.41K shares per day over the past 3-months and 425300 shares per day over the last 10 days, according to various share statistics. A total of 102.75M shares are outstanding, with a floating share count of 94.62M. Insiders hold about 8.40% of the company’s shares, while institutions hold 75.02% stake in the company. Shares short for ERO as of 1728950400 were 2707395 with a Short Ratio of 9.10, compared to 1726185600 on 2847196.
