Ero Copper Q4 EPS Reduced by National Bank Financial

Ero Copper Corp. (TSE:ERO) – Analysts at National Bank Financial reduced their Q4 2024 earnings per share (EPS) estimates for Ero Copper in a report released on Wednesday, November 6th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.30 per share for the quarter, down from their prior forecast of $0.37. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share.

ERO has been the topic of a number of other research reports. Raymond James raised Ero Copper from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from C$34.00 to C$36.00 in a report on Tuesday, September 3rd. National Bankshares dropped their price objective on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th. Eight Capital dropped their price objective on Ero Copper from C$40.00 to C$34.00 in a report on Wednesday, November 6th. Canaccord Genuity Group upped their price objective on Ero Copper from C$39.00 to C$40.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Finally, BMO Capital Markets boosted their target price on Ero Copper from C$41.00 to C$43.00 in a research report on Tuesday, July 23rd. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Ero Copper has an average rating of “Moderate Buy” and an average target price of C$33.04.

Ero Copper Trading Down 3.2 %

Shares of ERO stock opened at C$24.13 on Monday. The business’s fifty day moving average price is C$27.50 and its 200 day moving average price is C$28.11. Ero Copper has a 1-year low of C$15.72 and a 1-year high of C$32.89. The firm has a market capitalization of C$2.49 billion, a PE ratio of -92.81, a P/E/G ratio of -0.72 and a beta of 1.98. The company has a debt-to-equity ratio of 82.63, a current ratio of 0.68 and a quick ratio of 1.43.

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.