Q1 Earnings Forecast for Ero Copper Issued By Desjardins

Ero Copper Corp. (TSE:ERO - Free Report) - Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Ero Copper in a research note issued on Tuesday, April 22nd. Desjardins analyst B. Adams expects that the company will earn $0.19 per share for the quarter. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share.

Other research analysts have also issued research reports about the stock. BMO Capital Markets upgraded shares of Ero Copper to a "strong-buy" rating in a research report on Wednesday, April 16th. National Bankshares lowered their price target on shares of Ero Copper from C$23.50 to C$21.50 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. TD Securities dropped their price objective on Ero Copper from C$23.00 to C$22.00 and set a "buy" rating on the stock in a report on Monday, March 10th. Raymond James lifted their target price on shares of Ero Copper from C$26.00 to C$28.00 in a research note on Friday, April 4th. Finally, Scotiabank cut their price target on shares of Ero Copper from C$28.50 to C$25.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$29.83.

Ero Copper Price Performance

Shares of Ero Copper stock traded down C$0.45 during trading on Friday, hitting C$17.09. The stock had a trading volume of 145,788 shares, compared to its average volume of 369,005. The business has a fifty day moving average of C$17.01 and a two-hundred day moving average of C$20.00. The firm has a market cap of C$1.20 billion, a P/E ratio of 74.76, a PEG ratio of -0.72 and a beta of 1.98. Ero Copper has a fifty-two week low of C$13.17 and a fifty-two week high of C$32.89. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43.

About Ero Copper

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.