Raymond James Has Bearish Outlook for Ero Copper Q1 Earnings

Ero Copper Corp. (TSE:ERO) – Analysts at Raymond James dropped their Q1 2025 earnings per share (EPS) estimates for Ero Copper in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.26 per share for the quarter, down from their previous forecast of $0.27. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Raymond James also issued estimates for Ero Copper’s Q2 2025 earnings at $0.95 EPS and Q4 2025 earnings at $1.15 EPS.

A number of other research analysts have also recently issued reports on ERO. TD Securities reduced their price objective on shares of Ero Copper from C$23.00 to C$22.00 and set a “buy” rating for the company in a report on Monday, March 10th. Desjardins upgraded Ero Copper to a “hold” rating in a report on Thursday, April 3rd. BMO Capital Markets upgraded Ero Copper to a “strong-buy” rating in a report on Wednesday. National Bankshares lowered their price target on Ero Copper from C$23.50 to C$21.50 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Canaccord Genuity Group cut their price objective on shares of Ero Copper from C$29.00 to C$25.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Ero Copper currently has an average rating of “Buy” and a consensus price target of C$29.83.

Ero Copper Stock Performance

Shares of ERO stock opened at C$15.12 on Friday. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The firm has a fifty day simple moving average of C$17.44 and a two-hundred day simple moving average of C$20.72. Ero Copper has a 12 month low of C$13.17 and a 12 month high of C$32.89. The firm has a market capitalization of C$1.06 billion, a PE ratio of 66.14, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98.

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.