Brokers Set Expectations for Ero Copper Q1 Earnings

Ero Copper Corp. (TSE:ERO) – Stock analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of Ero Copper in a report issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle anticipates that the company will post earnings of $0.36 per share for the quarter. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. National Bank Financial also issued estimates for Ero Copper’s FY2025 earnings at $2.98 EPS.

A number of other research analysts also recently weighed in on ERO. Canaccord Genuity Group dropped their price target on Ero Copper from C$29.00 to C$25.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Scotiabank dropped their price objective on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. National Bankshares lowered their target price on shares of Ero Copper from C$23.50 to C$21.50 and set an “outperform” rating on the stock in a report on Wednesday. TD Securities lowered their price target on shares of Ero Copper from C$23.00 to C$22.00 and set a “buy” rating on the stock in a report on Monday, March 10th. Finally, Desjardins upgraded Ero Copper to a “hold” rating in a research report on Thursday, April 3rd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ero Copper currently has a consensus rating of “Buy” and an average price target of C$29.83.

Ero Copper Trading Down 0.2 %

TSE:ERO opened at C$15.12 on Friday. The firm has a fifty day simple moving average of C$17.51 and a two-hundred day simple moving average of C$20.82. Ero Copper has a 12 month low of C$13.17 and a 12 month high of C$32.89. The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of 66.14, a PEG ratio of -0.72 and a beta of 1.98. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17.

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.