Makko DeFilippo - Ero Copper Vice President - Corporate Development
| ERO Stock | CAD 19.04 0.32 1.71% |
President
Mr. Makko DeFilippo is Vice President Corporationrationrate Development of the company. He is a diversified mining finance and technical professional specializing in strategic planning, MA advisory and mineral processing. He was most recently a Director, Corporationrationrate Finance within FTI Consultings Global Mining Advisory Practice where he advised both mining companies and miningfocused private equity firms on mergers, acquisitions, divestitures and restructuring initiatives. Prior to joining FTI, Mr. DeFilippo was a Partner of Ero Resource Partners and an Investment Analyst for Liberty Metals Mining LLC, the mining private equity group of Liberty Mutual Group. Previous roles have included research and consulting positions in geotechnical mine design and mineral processing. He holds a M.Sc. in Metallurgical Engineering from the Colorado School of Mines and a B.Sc. in Geological Engineering from the University of Arizona.
| Address | 625 Howe Street, Vancouver, BC, Canada, V6C 2T6 |
| Phone | 604 449 9244 |
| Web | https://erocopper.com |
Ero Copper Management Efficiency
The company has return on total asset (ROA) of 0.0401 % which means that it generated a profit of $0.0401 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0269 %, meaning that it generated $0.0269 on every $100 dollars invested by stockholders. Ero Copper's management efficiency ratios could be used to measure how well Ero Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of December 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Ero Copper's Debt To Assets are very stable compared to the past year. As of the 22nd of December 2024, Return On Assets is likely to grow to 0.08, while Other Current Assets are likely to drop about 28.2 M.Management Performance
| Return On Equity | 0.0269 | ||||
| Return On Asset | 0.0401 |
Ero Copper Corp Leadership Team
Elected by the shareholders, the Ero Copper's board of directors comprises two types of representatives: Ero Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ero. The board's role is to monitor Ero Copper's management team and ensure that shareholders' interests are well served. Ero Copper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ero Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sally Eyre, Independent Director | ||
| Michel Richard, Chief Geological Officer | ||
| Wayne Drier, Chief Financial Officer | ||
| Steven Busby, Independent Director | ||
| Makko DeFilippo, Vice President - Corporate Development | ||
| Matthew Wubs, Independent Director | ||
| Christopher CMA, Ex Chairman | ||
| Eduardo Come, Chief Brazil | ||
| Pablo MejiaHerrera, VP Exploration | ||
| John Wright, Lead Independent Director | ||
| Lyle Braaten, Independent Director | ||
| Anthea Bath, Chief Officer | ||
| Gelson Batista, Senior Operations | ||
| David Strang, President, Chief Executive Officer, Director | ||
| Courtney Lynn, Investor Development | ||
| Deepk Hundal, Vice President General Counsel and Corporate Secretary | ||
| Chantal Gosselin, Independent Director | ||
| Michael Hocking, Vice Exploration | ||
| Robert Getz, Independent Director | ||
| Christopher Dunn, Executive Chairman of the Board | ||
| Emilio Sarno, Vice Management |
Ero Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ero Copper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0269 | ||||
| Return On Asset | 0.0401 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 2.74 B | ||||
| Shares Outstanding | 103.3 M | ||||
| Shares Owned By Insiders | 10.30 % | ||||
| Shares Owned By Institutions | 77.08 % | ||||
| Price To Earning | 96.83 X | ||||
| Price To Book | 1.93 X |
Pair Trading with Ero Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ero Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ero Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Ero Stock
Moving against Ero Stock
| 0.9 | WMT | Walmart Inc CDR | PairCorr |
| 0.88 | AMZN | Amazon CDR | PairCorr |
| 0.77 | GOOG | Alphabet CDR | PairCorr |
| 0.65 | ARX | ARC Resources | PairCorr |
| 0.64 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ero Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ero Copper Corp to buy it.
The correlation of Ero Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ero Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.