Group 1 - Ero Copper Corp. ended the recent trading session at 0.19, indicating an 18.75% increase year-over-year, and anticipated revenue of 2 per share and revenue of $841.98 million, representing increases of +156.41% and +79.07% respectively from the previous year [3] Group 3 - Recent changes to analyst estimates for Ero Copper Corp. are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - Empirical research shows a direct correlation between estimate revisions and stock price performance, leading to the development of the Zacks Rank system, which incorporates these changes [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong historical performance, with 1 ranked stocks yielding an average annual return of +25% since 1988; Ero Copper Corp. currently holds a Zacks Rank of 3 (Hold) [6] - Ero Copper Corp. is trading at a Forward P/E ratio of 6.34, which is significantly lower than the industry's average Forward P/E of 21.41, indicating a valuation discount [7] Group 5 - The Mining - Non Ferrous industry, to which Ero Copper Corp. belongs, is part of the Basic Materials sector and has a Zacks Industry Rank of 58, placing it in the top 24% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]
Ero Copper Corp. (ERO) Stock Drops Despite Market Gains: Important Facts to Note