National Bank Financial Estimates Ero Copper FY2025 Earnings

Key Points

• National Bank Financial has increased its FY2025 earnings per share estimate for Ero Copper from $2.69 to $2.78, but maintains a "Hold" rating on the stock.
• The consensus target price for Ero Copper shares is currently C$27.29, with varying ratings from analysts, including two "Strong Buy" and three "Hold".
• Ero Copper's stock opened at C$26.01, with a market capitalization of C$2.69 billion and a P/E ratio of 18.85.

Ero Copper Corp. (TSE:ERO - Free Report) - Research analysts at National Bank Financial lifted their FY2025 EPS estimates for shares of Ero Copper in a report released on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $2.78 per share for the year, up from their previous forecast of $2.69. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share.

Several other equities analysts have also recently issued reports on the stock. Scotiabank lifted their price objective on shares of Ero Copper from C$24.00 to C$26.00 in a research note on Monday, June 16th. Desjardins lowered their price objective on shares of Ero Copper from C$25.00 to C$23.00 and set a "hold" rating on the stock in a research note on Tuesday, August 5th. Stifel Nicolaus lowered their price objective on shares of Ero Copper from C$29.00 to C$26.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Raymond James Financial raised shares of Ero Copper to a "moderate buy" rating in a research note on Monday, June 30th. Finally, National Bankshares downgraded shares of Ero Copper from an "outperform" rating to a "sector perform" rating and set a C$24.50 target price on the stock. in a research report on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$27.29.

Ero Copper Stock Performance

Shares of ERO opened at C$26.01 on Thursday. The firm's 50 day moving average is C$20.42 and its 200-day moving average is C$19.43. The stock has a market capitalization of C$2.69 billion, a P/E ratio of 18.85, a P/E/G ratio of -0.72 and a beta of 0.87. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43. Ero Copper has a 12-month low of C$13.17 and a 12-month 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.

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