Ero Copper Q4 EPS Decreased by National Bank Financial

Ero Copper Corp. (TSE:ERO) – Research analysts at National Bank Financial dropped their Q4 2024 earnings per share (EPS) estimates for shares of Ero Copper in a research note issued to investors on Tuesday, February 11th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.09 for the quarter, down from their prior forecast of $0.25. 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 $2.80 EPS and FY2026 earnings at $3.39 EPS.

Several other research analysts have also issued reports on the company. Eight Capital reduced their price target on Ero Copper from C$40.00 to C$34.00 in a research report on Wednesday, November 6th. Canaccord Genuity Group reduced 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 report on Wednesday. Jefferies Financial Group reduced their price target on Ero Copper from C$33.00 to C$29.00 in a research report on Tuesday, January 7th. Raymond James reduced their price target on Ero Copper from C$29.00 to C$28.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, National Bankshares decreased their target price on Ero Copper from C$27.00 to C$23.50 and set a “sector perform” rating for the company in a research note on Wednesday. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$30.38.

Ero Copper Stock Up 6.7 %

TSE ERO opened at C$20.08 on Friday. Ero Copper has a 52 week low of C$18.16 and a 52 week high of C$32.89. 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 stock has a market capitalization of C$1.41 billion, a P/E ratio of 87.84, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. The stock has a fifty day moving average of C$19.81 and a 200-day moving average of C$24.05.

Insider Transactions at Ero Copper

In other news, Director Chantal Gosselin acquired 10,000 shares of Ero Copper stock in a transaction dated Friday, December 27th. The stock was bought at an average cost of C$19.44 per share, with a total value of C$194,400.00. 10.37% of the stock is owned by insiders.

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.