Ventum Cap Mkts Weighs in on Ero Copper Q4 Earnings

Ero Copper Corp. (TSE:ERO) – Investment analysts at Ventum Cap Mkts issued their Q4 2024 earnings per share estimates for shares of Ero Copper in a report issued on Wednesday, February 19th. Ventum Cap Mkts analyst C. Mackay forecasts that the company will post earnings of $0.34 per share for the quarter. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Ventum Cap Mkts also issued estimates for Ero Copper’s FY2025 earnings at $1.87 EPS.

ERO has been the topic of a number of other reports. Canaccord Genuity Group lowered their price target on shares of Ero Copper from C$29.00 to C$25.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Jefferies Financial Group lowered their price target on Ero Copper from C$33.00 to C$29.00 in a report on Tuesday, January 7th. Eight Capital dropped their price objective on Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. Scotiabank decreased their target price on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Finally, The Goldman Sachs Group upgraded Ero Copper to a “strong-buy” rating in a research report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Ero Copper has an average rating of “Moderate Buy” and an average price target of C$30.38.

Ero Copper Stock Down 5.6 %

Ero Copper stock opened at C$18.18 on Friday. The stock’s 50 day moving average price is C$19.73 and its 200 day moving average price is C$23.78. Ero Copper has a 1-year low of C$18.12 and a 1-year high of C$32.89. The company has a market cap of C$1.27 billion, a PE ratio of 79.53, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43.

Insider Transactions at Ero Copper

In other news, Director Chantal Gosselin acquired 10,000 shares of Ero Copper stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average price of C$19.44 per share, with a total value of C$194,400.00. Insiders own 10.37% of the company’s stock.

About Ero Copper

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.