Ero Copper (ERO) Expected to Announce Earnings on Thursday

Ero Copper (NYSE:ERO - Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, March 6th. Analysts expect Ero Copper to post earnings of $0.21 per share and revenue of $183.26 million for the quarter.

Ero Copper Stock Performance

Shares of ERO stock traded down $0.19 during trading hours on Friday, reaching $11.81. The stock had a trading volume of 551,699 shares, compared to its average volume of 499,594. The firm has a market capitalization of $1.22 billion, a PE ratio of 69.47 and a beta of 1.14. The firm has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $16.79. Ero Copper has a twelve month low of $11.48 and a twelve month high of $24.34. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.68 and a quick ratio of 0.45.

Wall Street Analysts Forecast Growth

ERO has been the subject of several recent analyst reports. TD Securities upgraded shares of Ero Copper from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 12th. TD Cowen upgraded Ero Copper from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. Finally, The Goldman Sachs Group began coverage on Ero Copper in a research note on Monday, December 2nd. They issued a "buy" rating and a $19.00 price objective on the stock. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $26.33.

Ero Copper Company Profile

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.