Exit Case: Martinrea International Inc. (TSX: MRE)

Overview: Martinrea International Inc. (TSX: MRE) is a Canadian manufacturer specializing in steel and aluminum components as well as fluid management systems, primarily serving the automotive industry. The company supplies its products to a wide range of global vehicle manufacturers, making it a key player in the North American auto parts sector. MRE has been a part of the 'Momentum Model Portfolio' since August 12, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 10.83 as on September 09, 2025.

MRE Daily Chart

New Entry Case: Ero Copper Corp. (TSX: ERO)

Overview: Ero Copper Corp. (TSX: ERO) is a Canadian-based base metals mining company focused on the production and sale of copper from its flagship Vale do Curaçá Property in Brazil. In addition to copper, the company generates revenue from gold and silver by-products, enhancing its overall production profile and revenue diversification.

Technical Analysis: On the daily chart, ERO is holding firmly above a rising trendline support, indicating scope for further near-term upside. The 14-period Relative Strength Index (RSI) at 67.52 points to strong bullish momentum and continued buying interest. Adding to the positive outlook, the stock remains well above its 21-period Simple Moving Average (SMA), underscoring the resilience of the prevailing uptrend.

ERO is recommended as a new entry in the 'Momentum Model Portfolio' as on September 10, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 21.81 as on September 09, 2025.

ERO’s Daily Chart

Support and Resistance Summary (As on September 09, 2025)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of September 09, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.