FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO - Free Report) - Stock analysts at Scotiabank lowered their FY2026 EPS estimates for shares of Ero Copper in a report issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $3.88 for the year, down from their prior estimate of $4.14. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share.

Several other research firms have also commented on ERO. National Bank Financial lowered shares of Ero Copper from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. National Bankshares downgraded shares of Ero Copper from an "outperform" rating to a "sector perform" rating and set a C$24.50 price target on the stock. in a research note on Wednesday, July 9th. Jefferies Financial Group reduced their price target on shares of Ero Copper from C$25.00 to C$22.00 in a research note on Friday, April 4th. Canaccord Genuity Group reduced their price target on shares of 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, Stifel Canada upgraded shares of Ero Copper to a "strong-buy" rating in a research note on Tuesday, July 8th. Three analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Ero Copper has an average rating of "Buy" and a consensus target price of C$27.85.

Ero Copper Stock Performance

TSE:ERO traded down C$0.30 during mid-day trading on Friday, reaching C$19.52. 394,339 shares of the company's stock were exchanged, compared to its average volume of 364,234. Ero Copper has a one year low of C$13.17 and a one year high of C$31.56. The firm has a market capitalization of C$1.37 billion, a PE ratio of 85.39, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. The business's fifty day simple moving average is C$20.68 and its two-hundred day simple moving average is C$19.08. The company has a debt-to-equity ratio of 83.17, a quick ratio of 1.43 and a current ratio of 0.68.

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.