
Ero Copper Corp. (NYSE:ERO – Free Report) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Ero Copper in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $4.79 for the year, down from their prior estimate of $5.42. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $4.77 EPS.
A number of other research firms also recently issued reports on ERO. Loop Capital set a $32.00 price objective on shares of Ero Copper in a report on Tuesday, December 30th. Weiss Ratings restated a “hold (c)” rating on shares of Ero Copper in a research note on Monday, December 29th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Ero Copper in a report on Friday, December 5th. Ventum Cap Mkts upgraded Ero Copper to a “strong-buy” rating in a research note on Monday, November 3rd. Finally, ATB Cormark Capital Markets raised Ero Copper to a “moderate buy” rating in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $32.50.
Ero Copper Trading Up 2.3%
NYSE ERO opened at $30.70 on Monday. The business’s fifty day moving average is $29.70 and its 200-day moving average is $22.75. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.46. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 23.08 and a beta of 1.20. Ero Copper has a one year low of $9.30 and a one year high of $39.80.
Institutional Trading of Ero Copper
A number of institutional investors have recently added to or reduced their stakes in ERO. Royal Bank of Canada grew its holdings in Ero Copper by 2.3% during the 1st quarter. Royal Bank of Canada now owns 188,384 shares of the company’s stock valued at $2,283,000 after buying an additional 4,325 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Ero Copper during the 1st quarter worth approximately $217,000. Goldman Sachs Group Inc. increased its holdings in Ero Copper by 82.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company’s stock worth $3,340,000 after acquiring an additional 124,179 shares during the period. Empowered Funds LLC purchased a new stake in Ero Copper in the 1st quarter worth approximately $356,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Ero Copper by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 56,255 shares of the company’s stock valued at $948,000 after purchasing an additional 1,152 shares during the period. Hedge funds and other institutional investors own 71.30% of the company’s stock.
Ero Copper Company Profile
Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.
The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.
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