Brokers Set Expectations for Ero Copper FY2025 Earnings

Ero Copper Corp. (TSE:ERO) – Equities researchers at National Bank Financial boosted their FY2025 EPS estimates for shares of Ero Copper in a report issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $2.78 per share for the year, up from their prior estimate of $2.69. National Bank Financial has a “Hold” rating on the stock. 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. Stifel Canada upgraded shares of Ero Copper to a “strong-buy” rating in a research note on Tuesday, July 8th. Desjardins lowered their price target on shares of Ero Copper from C$25.00 to C$23.00 and set a “hold” rating on the stock in a report on Tuesday, August 5th. Scotiabank increased their price target on shares of Ero Copper from C$24.00 to C$26.00 in a report on Monday, June 16th. Raymond James Financial raised shares of Ero Copper to a “moderate buy” rating in a research note on Monday, June 30th. Finally, National Bankshares downgraded shares of Ero Copper from an “outperform” rating to a “sector perform” rating and set a C$24.50 price target on the stock. in a research note on Wednesday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$27.29.

Ero Copper Trading Down 1.6%

Shares of Ero Copper stock opened at C$25.60 on Thursday. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$31.56. The firm has a market capitalization of C$2.65 billion, a price-to-earnings ratio of 18.55, a PEG ratio of -0.72 and a beta of 0.87. The firm’s 50 day simple moving average is C$20.54 and its two-hundred day simple moving average is C$19.49.

Ero Copper Company Profile

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero’s operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine.