Raymond James Comments on Ero Copper's Q3 Earnings (TSE:ERO)

Ero Copper Corp. (TSE:ERO - Free Report) - Stock analysts at Raymond James upped their Q3 2025 EPS estimates for shares of Ero Copper in a research note issued on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will earn $1.28 per share for the quarter, up from their previous forecast of $1.26. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share. Raymond James also issued estimates for Ero Copper's FY2025 earnings at $3.62 EPS.

Several other brokerages have also recently weighed in on ERO. 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 reduced their target price on shares of Ero Copper from C$23.00 to C$22.00 and set a "buy" rating for the company in a research note on Monday, March 10th. National Bankshares lowered their price objective 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. Canaccord Genuity Group decreased their price target on Ero Copper from C$29.00 to C$25.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, Desjardins raised shares of Ero Copper to a "hold" rating in a report on Thursday, April 3rd. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$29.83.

Ero Copper Trading Up 2.8 %

TSE:ERO traded up C$0.42 during trading hours on Thursday, hitting C$15.49. 137,757 shares of the stock were exchanged, compared to its average volume of 372,346. The company has a market capitalization of C$1.09 billion, a P/E ratio of 67.76, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. Ero Copper has a twelve month low of C$13.17 and a twelve month high of C$32.89. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 83.17. The company's 50 day moving average is C$17.37 and its two-hundred day moving average is C$20.48.

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.