Brokers Issue Forecasts for Ero Copper Q1 Earnings

Ero Copper Corp. (TSE:ERO - Free Report) - Research analysts at Ventum Cap Mkts issued their Q1 2025 earnings estimates for shares of Ero Copper in a report issued on Wednesday, February 19th. Ventum Cap Mkts analyst C. Mackay anticipates that the company will post earnings per share of $0.14 for the quarter. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share. Ventum Cap Mkts also issued estimates for Ero Copper's Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.58 EPS and Q4 2025 earnings at $0.70 EPS.

Other research analysts have also recently issued reports about the stock. TD Securities raised shares of Ero Copper from a "hold" rating to a "buy" rating and cut their price target for the stock from C$26.00 to C$23.00 in a report on Wednesday, February 12th. Canaccord Genuity Group cut their price target on shares of 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. Jefferies Financial Group cut their target price on shares of Ero Copper from C$33.00 to C$29.00 in a research note on Tuesday, January 7th. Eight Capital dropped their price target on shares of Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. Finally, Raymond James decreased their price objective on shares of Ero Copper from C$29.00 to C$28.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$30.38.

Ero Copper Stock Down 5.9 %

Shares of Ero Copper stock traded down C$1.09 during trading on Monday, hitting C$17.32. 385,411 shares of the stock were exchanged, compared to its average volume of 361,254. The firm's 50-day moving average price is C$19.67 and its 200 day moving average price is C$23.55. Ero Copper has a 12-month low of C$17.26 and a 12-month high of C$32.89. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43. The stock has a market cap of C$1.21 billion, a price-to-earnings ratio of 75.77, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98.

Insider Activity at Ero Copper

In related news, Director Chantal Gosselin bought 10,000 shares of Ero Copper stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average cost of C$19.44 per share, for a total transaction of C$194,400.00. 10.37% of the stock is owned by insiders.

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.