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

National Bank Financial downgraded shares of Ero Copper (TSE:ERO - Free Report) from a strong-buy rating to a hold rating in a report 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.

A number of other equities analysts have also weighed in on ERO. National Bankshares lowered Ero Copper from an "outperform" rating to a "sector perform" rating and set a C$24.50 price objective on the stock. in a research note on Wednesday. BMO Capital Markets upped their price target on Ero Copper from C$24.00 to C$27.00 and gave the company an "outperform" rating in a research note on Friday, July 4th. Desjardins raised Ero Copper to a "hold" rating in a research note on Thursday, April 3rd. Canaccord Genuity Group decreased 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. Finally, Scotiabank upped their price target on Ero Copper from C$24.00 to C$26.00 in a research note on Monday, June 16th. Three analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Ero Copper currently has a consensus rating of "Buy" and an average price target of C$27.85.

Ero Copper Trading Up 2.5%

TSE ERO traded up C$0.51 on Tuesday, reaching C$20.65. 618,724 shares of the company were exchanged, compared to its average volume of 360,567. The business's fifty day moving average price is C$20.56 and its 200 day moving average price is C$19.06. The stock has a market capitalization of C$1.45 billion, a P/E ratio of 90.34, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. 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 fifty-two week low of C$13.17 and a fifty-two week high of C$31.56.

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.