Desjardins Comments on Ero Copper’s Q2 Earnings (NYSE:ERO)

Ero Copper Corp. (NYSE:ERO) – Stock analysts at Desjardins issued their Q2 2025 earnings estimates for Ero Copper in a report issued on Thursday, July 17th. Desjardins analyst B. Adams anticipates that the company will post earnings per share of $0.32 for the quarter. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

ERO has been the subject of several other research reports. Wall Street Zen lowered shares of Ero Copper from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Raymond James Financial raised shares of Ero Copper to a “moderate buy” rating in a research report on Monday, June 30th. Stifel Nicolaus assumed coverage on shares of Ero Copper in a research report on Wednesday, July 9th. They set a “buy” rating on the stock. Scotiabank restated an “outperform” rating on shares of Ero Copper in a research note on Tuesday, July 8th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Ero Copper in a research report on Friday, July 4th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $23.50.

Ero Copper Stock Down 1.4%

Shares of NYSE:ERO opened at $14.21 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.05 and a debt-to-equity ratio of 0.83. The business’s 50 day moving average is $15.09 and its 200 day moving average is $13.60. Ero Copper has a 12-month low of $9.30 and a 12-month high of $23.40. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 83.59 and a beta of 1.18.

Ero Copper (NYSE:ERO) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.18. The firm had revenue of $125.10 million during the quarter, compared to analyst estimates of $179.45 million. Ero Copper had a return on equity of 14.24% and a net margin of 3.87%.

Hedge Funds Weigh In On Ero Copper

Several institutional investors and hedge funds have recently bought and sold shares of ERO. Canoe Financial LP lifted its position in shares of Ero Copper by 6.6% during the 2nd quarter. Canoe Financial LP now owns 33,756 shares of the company’s stock valued at $571,000 after buying an additional 2,100 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Ero Copper by 82.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company’s stock valued at $3,340,000 after acquiring an additional 124,179 shares during the period. Empowered Funds LLC purchased a new stake in Ero Copper during the first quarter valued at about $356,000. Dynamic Technology Lab Private Ltd bought a new position in Ero Copper during the first quarter worth about $217,000. Finally, Temasek Holdings Private Ltd increased its stake in shares of Ero Copper by 8.5% in the first quarter. Temasek Holdings Private Ltd now owns 643,221 shares of the company’s stock worth $7,796,000 after purchasing an additional 50,400 shares in the last quarter. 71.30% of the stock is owned by institutional investors.

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.