Ero Copper (ERO) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Ero Copper (NYSE: ERO):

• 5/7/2025 – Ero Copper had its “buy” rating reaffirmed by analysts at TD Securities.
• 5/7/2025 – Ero Copper was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 5/6/2025 – Ero Copper was upgraded by analysts at National Bankshares, Inc. from a “sector perform” rating to an “outperform” rating.
• 5/6/2025 – Ero Copper was upgraded by analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating.
• 4/16/2025 – Ero Copper is now covered by analysts at BMO Capital Markets. They set an “outperform” rating on the stock.
• 4/4/2025 – Ero Copper had its “outperform” rating reaffirmed by analysts at Raymond James.
• 4/4/2025 – Ero Copper is now covered by analysts at Desjardins. They set a “hold” rating on the stock.

Ero Copper Price Performance

Shares of NYSE ERO opened at $13.09 on Monday. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 76.99 and a beta of 1.10. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average price is $12.24 and its 200 day moving average price is $13.51. Ero Copper Corp. has a 52 week low of $9.30 and a 52 week high of $24.34.

Ero Copper (NYSE:ERO) last released its quarterly earnings results on Monday, May 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.18. The firm had revenue of $125.10 million for the quarter, compared to the consensus estimate of $179.45 million. Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. As a group, research analysts forecast that Ero Copper Corp. will post 0.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ero Copper

Large investors have recently bought and sold shares of the stock. Acuitas Investments LLC bought a new position in shares of Ero Copper in the 1st quarter valued at about $39,000. State of Wyoming bought a new position in shares of Ero Copper in the fourth quarter valued at $76,000. Synergy Asset Management LLC bought a new position in shares of Ero Copper in the fourth quarter valued at $78,000. Northwest & Ethical Investments L.P. boosted its position in Ero Copper by 19.1% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock worth $88,000 after purchasing an additional 1,050 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Ero Copper in the fourth quarter valued at about $125,000. 71.30% of the stock is currently owned by institutional investors and hedge funds.

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.