Intrinsic Value of S&P & Nasdaq Contact Us

Ero Copper Corp. ERO

NYSE

SharesGrow Score
78/100
4/7 Pass
SharesGrow Intrinsic Value
$34.64
+15.4%
Analyst Price Target
$32.50
+8.3%

Ero Copper Corp. (ERO) current share price is $30.02. The gold spot price is $4,808.10 per troy ounce. Using the formula: ERO in gold = $30.02 × 31.1035 ÷ $4,808.10 = 0.1942 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of ERO when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding ERO shares over the measured period.

ERO in US Dollars
Gold in US Dollars
ERO in Gold (grams per share)

Real Wealth Growth Rate

ERO
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{ERO}_{\text{gold}}(t) = \frac{P_{\text{ERO}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{ERO}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{ERO}_{\text{gold}}^{(T)}}{\text{ERO}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{ERO}_\text{gold}^{(0)}$ = initial gold-price, $\text{ERO}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

FCX
FCX
Freeport-McMoRan Inc.
$68.31
+0.41%
LUNMF
LUNMF
Lundin Mining Corporation
$29.33
+2.55%
FQVLF
FQVLF
First Quantum Minerals Ltd.
$28.06
+1.30%
HBM
HBM
Hudbay Minerals Inc.
$25.22
+3.32%
CSCCF
CSCCF
Capstone Copper Corp.
$9.32
+3.67%
ELVR
ELVR
Elevra Lithium Limited
$63.31
+2.39%
CSTM
CSTM
Constellium SE
$30.53
+0.43%
CGAU
CGAU
Centerra Gold Inc.
$19.79
+1.18%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message