Old West Investment Management LLC boosted its holdings in shares of Ero Copper Corp. (NYSE:ERO – Free Report) by 100.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 160,000 shares of the company’s stock after buying an additional 80,000 shares during the quarter. Ero Copper makes up approximately 1.3% of Old West Investment Management LLC’s investment portfolio, making the stock its 25th largest position. Old West Investment Management LLC owned approximately 0.15% of Ero Copper worth $3,563,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of ERO. Toronto Dominion Bank boosted its holdings in shares of Ero Copper by 38.7% during the 2nd quarter. Toronto Dominion Bank now owns 2,539 shares of the company’s stock worth $54,000 after buying an additional 709 shares during the period. National Bank of Canada FI boosted its holdings in shares of Ero Copper by 1.4% during the second quarter. National Bank of Canada FI now owns 58,271 shares of the company’s stock worth $1,238,000 after acquiring an additional 793 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Ero Copper by 6.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,933 shares of the company’s stock valued at $469,000 after purchasing an additional 1,277 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Ero Copper during the third quarter worth approximately $38,000. Finally, Platinum Investment Management Ltd. lifted its holdings in Ero Copper by 15.9% during the 1st quarter. Platinum Investment Management Ltd. now owns 18,738 shares of the company’s stock worth $362,000 after purchasing an additional 2,564 shares during the last quarter. Institutional investors own 71.30% of the company’s stock.
Ero Copper Price Performance
ERO stock opened at $18.63 on Wednesday. The company’s 50-day moving average price is $20.29 and its two-hundred day moving average price is $20.59. Ero Copper Corp. has a 12 month low of $11.35 and a 12 month high of $24.34. The company has a quick ratio of 0.60, a current ratio of 0.82 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.92 billion, a P/E ratio of -98.05 and a beta of 1.23.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Ero Copper
Ero Copper Company Profile
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.
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