Ero Copper (TSE:ERO) Downgraded by National Bank Financial to Hold

National Bank Financial cut shares of Ero Copper (TSE:ERO - Free Report) from a strong-buy rating to a hold rating in a research note published on Tuesday morning,Zacks.com reports. National Bank Financial also issued estimates for Ero Copper's Q2 2025 earnings at $0.45 EPS, FY2025 earnings at $2.68 EPS and FY2027 earnings at $4.69 EPS.

ERO has been the subject of several other reports. Jefferies Financial Group dropped their price objective on Ero Copper from C$25.00 to C$22.00 in a report on Friday, April 4th. TD Securities boosted their price target on shares of Ero Copper from C$20.00 to C$22.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Raymond James Financial raised shares of Ero Copper to a "moderate buy" rating in a research note on Monday, June 30th. Desjardins raised shares of Ero Copper to a "hold" rating in a report on Thursday, April 3rd. Finally, Canaccord Genuity Group cut their price target on Ero Copper from C$26.50 to C$26.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$27.85.

Ero Copper Trading Up 2.5%

Shares of ERO traded up C$0.51 during trading hours on Tuesday, hitting C$20.65. 618,724 shares of the stock traded hands, compared to its average volume of 360,567. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. Ero Copper has a 1-year low of C$13.17 and a 1-year high of C$31.56. The firm has a market capitalization of C$1.45 billion, a PE ratio of 90.34, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. The business has a fifty day moving average of C$20.56 and a 200-day moving average of C$19.06.

Ero Copper Company Profile

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine.