Is it Time to Dump Ero Copper Corp (ERO) Stock After it Is Up 4.64% in a Week?

The market has been high on Ero Copper Corp (ERO) stock recently. ERO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Ero Copper Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ERO!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With ERO Stock Today?

Ero Copper Corp (ERO) stock is trading at $12.64 as of 12:52 PM on Tuesday, Nov 21, a gain of $0.32, or 2.6% from the previous closing price of $12.32. The stock has traded between $12.26 and $12.94 so far today. Volume today is 350,092 compared to average volume of 337,594. To see InvestorsObserver's Sentiment Score for Ero Copper Corp click here.

More About Ero Copper Corp

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property. Click Here to get the full Stock Report for Ero Copper Corp stock.