FY2026 Earnings Estimate for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Equities researchers at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Ero Copper in a report released on Thursday, March 12th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $6.22 per share for the year, down from their previous forecast of $6.57. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $6.18 EPS.

Several other analysts also recently issued reports on the company. Canaccord Genuity Group upped their price objective on Ero Copper from C$48.00 to C$52.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Raymond James Financial downgraded shares of Ero Copper from a “buy” rating to a “hold” rating and cut their target price for the company from C$49.00 to C$45.00 in a research note on Monday, February 9th. Bank of America lowered shares of Ero Copper from a “buy” rating to a “neutral” rating and reduced their target price for the company from C$49.00 to C$45.00 in a report on Monday, February 9th. Desjardins raised their price target on shares of Ero Copper from C$37.50 to C$45.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Finally, ATB Cormark Capital Markets lifted their price target on shares of Ero Copper from C$37.00 to C$50.00 and gave the stock a “moderate buy” rating in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ero Copper presently has a consensus rating of “Moderate Buy” and an average target price of C$44.54.

Ero Copper Stock Performance

Ero Copper stock opened at C$35.86 on Monday. Ero Copper has a fifty-two week low of C$13.17 and a fifty-two week high of C$53.69. The company has a market capitalization of C$3.73 billion, a price-to-earnings ratio of 26.96, a PEG ratio of -0.72 and a beta of 1.66. The stock has a fifty day moving average of C$42.81 and a two-hundred day moving average of C$34.62. The company has a debt-to-equity ratio of 67.59, a quick ratio of 1.43 and a current ratio of 1.06.

Insider Transactions at Ero Copper

In other Ero Copper news, Director John H. Wright sold 15,000 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of C$52.11, for a total value of C$781,650.00. Following the sale, the director directly owned 377,832 shares of the company’s stock, valued at approximately C$19,688,825.52. This trade represents a 3.82% decrease in their position. Insiders own 10.37% of the company’s stock.

About Ero Copper

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.