Ero Copper Corp. (TSE:ERO – Free Report) – Analysts at Raymond James dropped their Q1 2024 earnings per share (EPS) estimates for shares of Ero Copper in a research note issued to investors on Monday, April 22nd. Raymond James analyst F. Hamed now expects that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.06. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share. Raymond James also issued estimates for Ero Copper’s Q4 2024 earnings at $1.30 EPS.
Ero Copper (TSE:ERO – Get Free Report) last posted its quarterly earnings results on Thursday, March 7th. The company reported C$0.29 earnings per share for the quarter, missing the consensus estimate of C$0.31 by C($0.02). Ero Copper had a return on equity of 13.96% and a net margin of 21.71%. The business had revenue of C$158.50 million during the quarter, compared to the consensus estimate of C$143.80 million.
Read Our Latest Research Report on Ero Copper
Ero Copper Stock Down 2.9 %
TSE ERO opened at C$25.50 on Wednesday. The company has a debt-to-equity ratio of 55.09, a quick ratio of 1.43 and a current ratio of 1.15. The company has a market capitalization of C$2.62 billion, a P/E ratio of 19.17, a P/E/G ratio of -0.72 and a beta of 2.14. Ero Copper has a one year low of C$15.72 and a one year high of C$32.12. The stock has a 50 day moving average price of C$25.20 and a 200-day moving average price of C$21.56.
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.
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