Ero Copper Corp. (TSE:ERO – Free Report) – Research analysts at National Bank Financial cut their FY2025 EPS estimates for Ero Copper in a note issued to investors on Sunday, March 9th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $2.79 for the year, down from their previous forecast of $2.80. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. National Bank Financial also issued estimates for Ero Copper’s FY2026 earnings at $3.44 EPS and FY2027 earnings at $4.04 EPS.
A number of other equities analysts have also recently commented on the company. Jefferies Financial Group reduced their target price on Ero Copper from C$33.00 to C$29.00 in a report on Tuesday, January 7th. Raymond James reduced their target price on Ero Copper from C$29.00 to C$28.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. The Goldman Sachs Group raised Ero Copper to a “strong-buy” rating in a report on Monday, December 2nd. Ventum Financial reduced their target price on Ero Copper from C$31.50 to C$29.00 in a report on Thursday, November 21st. Finally, Scotiabank dropped their price target on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$30.58.
Ero Copper Stock Up 1.8 %
ERO stock opened at C$17.85 on Wednesday. Ero Copper has a 52 week low of C$16.11 and a 52 week high of C$32.89. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 83.17. The firm has a 50-day simple moving average of C$19.29 and a 200-day simple moving average of C$22.93. The stock has a market capitalization of C$1.25 billion, a P/E ratio of 78.09, a P/E/G ratio of -0.72 and a beta of 1.98.
Insider Buying and Selling at Ero Copper
In related news, Director Chantal Gosselin purchased 10,000 shares of Ero Copper stock in a transaction dated Friday, December 27th. The stock was bought at an average cost of C$19.44 per share, for a total transaction of C$194,400.00. 10.37% of the stock is owned by corporate insiders.
Ero Copper Company Profile
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.
Further Reading
- Five stocks we like better than Ero Copper
- How to Evaluate a Stock Before Buying
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- Trading Halts Explained
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- What Are Dividend Achievers? An Introduction
- Why Energy Transfer Belongs on Your Watchlist
Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.