Brokers Offer Predictions for Ero Copper Q1 Earnings

Ero Copper Corp. (NYSE:ERO - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings per share estimates for Ero Copper in a research note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle anticipates that the company will post earnings per share of $0.25 for the quarter. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. National Bank Financial also issued estimates for Ero Copper's FY2025 earnings at $2.10 EPS.

Other equities analysts have also issued reports about the stock. BMO Capital Markets assumed coverage on shares of Ero Copper in a report on Wednesday, April 16th. They issued an "outperform" rating on the stock. TD Securities upgraded Ero Copper from a "hold" rating to a "strong-buy" rating in a research 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. Raymond James reaffirmed an "outperform" rating on shares of Ero Copper in a report on Friday, April 4th. Finally, Desjardins began coverage on shares of Ero Copper in a research note on Friday, April 4th. They set a "hold" rating on the stock. Two analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $26.33.

Ero Copper Stock Up 5.1 %

Shares of Ero Copper stock traded up $0.57 on Friday, reaching $11.80. The stock had a trading volume of 422,834 shares, compared to its average volume of 400,932. The company has a quick ratio of 0.45, a current ratio of 0.68 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $1.22 billion, a P/E ratio of 69.41 and a beta of 1.10. The company has a 50 day moving average price of $12.14 and a 200 day moving average price of $14.40. Ero Copper has a 1 year low of $9.30 and a 1 year high of $24.34.

Ero Copper (NYSE:ERO - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.04). The company had revenue of $122.50 million during the quarter, compared to analysts' expectations of $183.26 million. Ero Copper had a net margin of 3.67% and a return on equity of 11.30%.

Institutional Trading of Ero Copper

Institutional investors and hedge funds have recently modified their holdings of the stock. State of Wyoming acquired a new stake in Ero Copper in the 4th quarter worth about $76,000. Synergy Asset Management LLC acquired a new stake in shares of Ero Copper in the fourth quarter worth approximately $78,000. Northwest & Ethical Investments L.P. increased its position in shares of Ero Copper by 19.1% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company's stock worth $88,000 after purchasing an additional 1,050 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Ero Copper in the 4th quarter valued at $125,000. Finally, TD Waterhouse Canada Inc. lifted its holdings in Ero Copper by 128.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company's stock valued at $143,000 after purchasing an additional 6,000 shares in the last quarter. Hedge funds and other institutional investors own 71.30% of the company's stock.

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.