Ero Copper (ERO) Short-term Investments (2021 - 2023)
Ero Copper (ERO) posted quarterly Short-term Investments of $42.8 million for Q3 2023, down 71.35% year-over-year from $149.6 million in Q3 2022, and down 23.51% quarter-over-quarter from $56.0 million in Q2 2023.
Ero Copper (ERO) Short-term Investments (2021 - 2023) Analysis & Trends
Ero Copper's Short-term Investments history runs 3 years deep, the most recent figure standing at $42.8 million for Q3 2023.
- In Q3 2023, Short-term Investments fell 71.35% year-over-year to $42.8 million; the TTM figure through Sep 2023 stood at $42.8 million (down 71.35% YoY), while the FY2022 annual figure was $139.7 million, changed N/A from the prior year.
- Short-term Investments for Q3 2023 stood at $42.8 million, down from $56.0 million in the prior quarter.
- The five-year high for Short-term Investments was $149.6 million in Q3 2022, with the low at $26.4 million in Q3 2021.
- The 3-year median for Short-term Investments is $78.0 million (2022), against an average of $80.2 million.
- The sharpest annual moves came in 2022 and 2023: Short-term Investments surged 466.32% in 2022, then plunged 73.27% in 2023.
- Ero Copper's Short-term Investments stood at $26.4 million in 2021, then soared by 429.01% to $139.7 million in 2022, then tumbled by 69.33% to $42.8 million in 2023.
- Business Quant data shows ERO's Short-term Investments at $42.8 million in Q3 2023, $56.0 million in Q2 2023, and $26.7 million in Q1 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Southern Copper | 161.41 Bn | 154.08 Bn | 2.90 Bn |
| 2 | Freeport-Mcmoran | 98.98 Bn | 94.90 Bn | 2.19 Bn |
| 3 | Hudbay Minerals | 11.08 Bn | 10.04 Bn | 269.00 Mn |
| 4 | Ero Copper | 3.78 Bn | 3.69 Bn | 105.91 Mn |
| 5 | Trekor Metals | 3.21 Bn | 3.09 Bn | 83.54 Mn |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 42.84 Mn |
| Jun 30, 2023 | 56.01 Mn |
| Mar 31, 2023 | 26.74 Mn |
| Dec 31, 2022 | 139.70 Mn |
| Sep 30, 2022 | 149.55 Mn |
| Jun 30, 2022 | 100.59 Mn |
| Mar 31, 2022 | 100.02 Mn |
| Sep 30, 2021 | 26.41 Mn |