Copper: Why you need to register for our Aug 26 webinar

[dan_s]

Tomorrow's EPG Webinar will be hosted by a very profitable copper company, Ero Copper (NYSE: ERO).

Industrial commodities typically refer to raw materials used in infrastructure and construction projects. Thus, the price of copper, as well as ferrous metals like steel; niche metals, such as cobalt & nickel; oil and lumber receive attention when analysts discuss the industrial sector.

In the first half of 2021, the price of steel and copper climbed significantly, buoyed by the global economic recovery. The emphasis on infrastructure spending by Joe Biden has also provided tailwinds to commodities like copper and steel. Copper prices have pulled back from their high set in May, but I think copper will set new highs later this year as FEAR of the Covid Delta Variant fades.

According to RBC Wealth Management:

"Building renewable power generation and storage, using electricity to decarbonize heavy emitters like steel-making and oil-refining as well as shipping and rail transport, replacing internal combustion engine automobiles with electric vehicles, and adopting other emerging technologies to reduce greenhouse gas emissions will require large inputs of metals like copper, steel, nickel, lithium and cobalt."

You can register for the webinar on the EPG Home Page or send an email to Sabrina at energyprospectus@gmail.com

[dan_s]

Read this before the webinar: https://erocopper.com/operations/overview/

Our speaker tomorrow is David Strang the co-founder of Ero Copper and now the CEO and Director.
• Ero Copper was incorporated May 16, 2016
• It has a market-cap of $1.7 Billion US.
• Ero has a strong balance sheet and the Company reported Net Income of $136.3 million and operating cash flow of $147.2 million for the six months ending June 30, 2021. It has growing free cash flow from operations.
• Most of the Company’s revenues come from the sale of copper, but it also has a profitable gold mining operation.

[dan_s]

ERO is trading for $18.56US at the time of this post.

TipRanks: In the last 3 months, 9 ranked analysts set 12-month price targets for ERO. The average price target among the analysts is $23.31.