ERO Forecast


Bullish Case: ERO's partnership with Vale drives robust growth, hitting higher-than-expected earnings and improving investor sentiment. The development of the Furnas project delivers significant returns.


Bearish Case: Further equity raises lead to share dilution, pressuring ERO's stock price. Delays in Tucumã project and insider selling increase negative sentiment.


Potential Outcomes:

1. Successful Furnas development: 65%.

2. Equity raises for funding: 80%.

3. Tucumã delays: 30%. These predictions are based on current developments, past trends, and insider activities.


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June 05, 2024


Ero Copper Forecast

ERO      Ero Copper
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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