Should I buy or sell Ero Copper stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks .

What is Ero Copper's stock price target for 2024?

10 equities research analysts have issued 12-month price objectives for Ero Copper's stock. Their ERO share price targets range from C$22.00 to C$27.00. On average, they expect the company's stock price to reach C$25.00 in the next year. This suggests that the stock has a possible downside of 10.0%. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts .

How have ERO shares performed in 2024?

Ero Copper's stock was trading at C$20.95 at the beginning of 2024. Since then, ERO stock has increased by 32.6% and is now trading at C$27.77. View the best growth stocks for 2024 here .

When is Ero Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our ERO earnings forecast .

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (TSE:ERO) announced its quarterly earnings data on Thursday, March, 7th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The business had revenue of $158.50 million for the quarter, compared to analyst estimates of $143.80 million. Ero Copper had a trailing twelve-month return on equity of 13.96% and a net margin of 21.71%.

What other stocks do shareholders of Ero Copper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ero Copper investors own include Aurora Cannabis (ACB) , Altius Minerals (ALS) , Baytex Energy (BTE) , Bellatrix Exploration (BXE) , Champion Iron (CIA) , Enerflex (EFX) , First Quantum Minerals (FM) , Kirkland Lake Gold (KL) , Methanex (MEOH) and Nemaska Lithium (NMX) .

How do I buy shares of Ero Copper?

Shares of ERO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ERO

Ero Copper (ERO) Stock Price, News & Analysis

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)

Free ERO Stock Alerts

C$27.76

-0.66 (-2.32%)

(As of 05:13 PM ET)

Compare

Today's Range: C$27.08
▼
C$27.88
50-Day Range: C$19.13
▼
C$29.59
52-Week Range: C$15.72
▼
C$32.12

Volume: 324,663 shs
Average Volume: 305,866 shs
Market Capitalization: C$2.85 billion

P/E Ratio: 20.87
Dividend Yield: N/A
Price Target: C$25.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Ero Copper alerts:

Ad Manward Press

Can't believe it's happening again

One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.

We explain how this event works in full right here.

About Ero Copper Stock (TSE:ERO)

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. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

ERO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ERO Stock News Headlines

April 8, 2024 | americanbankingnews.com

Ero Copper Corp. (TSE:ERO) Receives Average Recommendation of "Hold" from Analysts

April 8, 2024 | americanbankingnews.com

National Bank Financial Analysts Lift Earnings Estimates for Ero Copper Corp. (TSE:ERO)

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 6, 2024 | morningstar.com

Ero Copper Corp

March 30, 2024 | finance.yahoo.com

Ero Copper (TSE:ERO) Could Be Struggling To Allocate Capital

March 29, 2024 | stockhouse.com

4 Stocks To Watch With Rising Copper Prices

March 19, 2024 | finance.yahoo.com

ERO Jun 2024 15.000 put

March 19, 2024 | finance.yahoo.com

ERO Dec 2024 12.500 put

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 15, 2024 | msn.com

Copper rallies to new highs as supply tightens further

March 13, 2024 | reuters.com

Commodities lift TSX as investors eye fresh rate cut cues

March 9, 2024 | finance.yahoo.com

Ero Copper Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

March 7, 2024 | msn.com

ERO Stock Earnings: Ero Copper Misses EPS, Beats Revenue for Q4 2023

March 6, 2024 | benzinga.com

A Preview Of Ero Copper's Earnings

March 6, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Ero Copper's earnings report

March 2, 2024 | wsj.com

Ero Copper Corp.

February 22, 2024 | benzinga.com

Ero Copper Stock (NYSE:ERO) Insider Trades

February 16, 2024 | msn.com

TSX Prospers on Day, Week

January 16, 2024 | finanznachrichten.de

Ero Copper Corp.: Ero Copper's Tucumã Project Reaches Over 85% Physical Completion - On Track for First Copper Production in H2 2024

January 11, 2024 | msn.com

Copper bounces after eight straight losses ahead of U.S. inflation data

January 9, 2024 | baystreet.ca

TSX Loses Ground Tuesday

January 3, 2024 | msn.com

Copper drops to two-week low as weak China manufacturing data fuels doubts

December 21, 2023 | finance.yahoo.com

Ero Copper Corp. (ERO) Stock Historical Prices & Data - Yahoo Finance

December 18, 2023 | finance.yahoo.com

Ero Copper Corp.'s (TSE:ERO) 36% Jump Shows Its Popularity With Investors

November 15, 2023 | markets.businessinsider.com

Hold Rating Maintained for Ero Copper Amid Equity Raise and Operational Costs: An Analyst Review

November 6, 2023 | finance.yahoo.com

Ero Copper Announces US$105 Million Bought Deal Financing

November 5, 2023 | finance.yahoo.com

Ero Copper Corp. (NYSE:ERO) Q3 2023 Earnings Call Transcript

See More Headlines

Receive ERO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 3/07/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Copper
Sub-Industry: N/A
Current Symbol: TSE:ERO
CUSIP: N/A
CIK: N/A
Web: www.erocopper.com
Phone: +1-604-4499243
Fax: N/A
Employees: 3,374
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$25.00
High Stock Price Target: C$27.00
Low Stock Price Target: C$22.00
Potential Upside/Downside: -9.5%
Consensus Rating: Hold
Rating Score (0-4): 2.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.33
Trailing P/E Ratio: 20.77
Forward P/E Ratio: 13.70
P/E Growth: -0.72
Net Income: C$92.80 million
Net Margins: 21.71%
Pretax Margin: N/A
Return on Equity: 13.96%
Return on Assets: 4.28%

Debt

Debt-to-Equity Ratio: 55.09
Current Ratio: 1.15
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: C$427.48 million
Price / Sales: 6.64
Cash Flow: C$3.09 per share
Price / Cash Flow: 8.94
Book Value: C$7.83 per share
Price / Book: 3.53

Miscellaneous

Outstanding Shares: 102,760,000
Free Float: N/A
Market Cap: C$2.84 billion
Optionable: Not Optionable
Beta: 2.14

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Mr. David Maxwell Strang (Age 56)
CEO & Director
Comp: $1.75M
Mr. Makko DeFilippo
President & COO
Mr. Wayne Drier
Chief Financial Officer
Mr. Deepk Hundal
Senior VP, General Counsel & Corporate Secretary
Mr. Michel Richard
Chief Geological Officer
Ms. Courtney R. B. Lynn (Age 42)
Senior Vice President of Corporate Development, Investor Relations & Sustainability
Mr. Eduardo de Come (Age 58)
Chief Executive Officer of Ero Brazil
Mr. Emilio Sarno
Vice President of Asset Management

Key Competitors

View All Competitors

ERO Stock Analysis - Frequently Asked Questions

Should I buy or sell Ero Copper stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares.
View ERO analyst ratings or view top-rated stocks.
What is Ero Copper's stock price target for 2024?: 10 equities research analysts have issued 12-month price objectives for Ero Copper's stock. Their ERO share price targets range from C$22.00 to C$27.00. On average, they expect the company's stock price to reach C$25.00 in the next year. This suggests that the stock has a possible downside of 10.0%.
View analysts price targets for ERO or view top-rated stocks among Wall Street analysts.
How have ERO shares performed in 2024?: Ero Copper's stock was trading at C$20.95 at the beginning of 2024. Since then, ERO stock has increased by 32.6% and is now trading at C$27.77.
View the best growth stocks for 2024 here.
When is Ero Copper's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ERO earnings forecast.

How were Ero Copper's earnings last quarter?: Ero Copper Corp. (TSE:ERO) announced its quarterly earnings data on Thursday, March, 7th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The business had revenue of $158.50 million for the quarter, compared to analyst estimates of $143.80 million. Ero Copper had a trailing twelve-month return on equity of 13.96% and a net margin of 21.71%.
What other stocks do shareholders of Ero Copper own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ero Copper investors own include Aurora Cannabis (ACB), Altius Minerals (ALS), Baytex Energy (BTE), Bellatrix Exploration (BXE), Champion Iron (CIA), Enerflex (EFX), First Quantum Minerals (FM), Kirkland Lake Gold (KL), Methanex (MEOH) and Nemaska Lithium (NMX).
How do I buy shares of Ero Copper?: Shares of ERO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ERO) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Ero Copper (ERO) Stock Price, News & Analysis

About Ero Copper Stock (TSE:ERO)

ERO Stock Price History

ERO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ERO Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info