Analysts Offer Predictions for Ero Copper FY2025 Earnings

Ero Copper Corp. (TSE:ERO) – Equities researchers at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of Ero Copper in a report released on Sunday, March 9th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $2.79 per share for the year, down from their previous forecast of $2.80. 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 FY2026 earnings at $3.44 EPS and FY2027 earnings at $4.04 EPS.

Several other brokerages have also recently issued reports on ERO. Scotiabank lowered their price objective on shares of Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. The Goldman Sachs Group raised shares of Ero Copper to a “strong-buy” rating in a research note on Monday, December 2nd. Jefferies Financial Group decreased their price target on shares of Ero Copper from C$33.00 to C$29.00 in a research report on Tuesday, January 7th. Ventum Financial decreased their price target on shares of Ero Copper from C$31.50 to C$29.00 in a research report on Thursday, November 21st. Finally, National Bankshares decreased their price objective on shares of Ero Copper from C$27.00 to C$23.50 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Ero Copper presently has a consensus rating of “Moderate Buy” and a consensus target price of C$30.58.

Ero Copper Trading Up 1.8 %

Shares of ERO opened at C$17.85 on Wednesday. The stock has a fifty day moving average of C$19.29 and a two-hundred day moving average of C$22.93. The company has a debt-to-equity ratio of 83.17, a quick ratio of 1.43 and a current ratio of 0.68. The company has a market capitalization of C$1.25 billion, a PE ratio of 78.09, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. Ero Copper has a fifty-two week low of C$16.11 and a fifty-two week high of C$32.89.

Insider Activity

In other Ero Copper news, Director Chantal Gosselin purchased 10,000 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were bought at an average price of C$19.44 per share, with a total value of C$194,400.00. Corporate insiders own 10.37% 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.