Stifel Canada Predicts Ero Copper FY2028 Earnings

Ero Copper Corp. (TSE:ERO - Free Report) - Equities research analysts at Stifel Canada issued their FY2028 earnings per share (EPS) estimates for shares of Ero Copper in a report released on Tuesday, July 8th. Stifel Canada analyst R. Profiti expects that the company will post earnings of $2.16 per share for the year. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share. Stifel Canada also issued estimates for Ero Copper's FY2029 earnings at $2.53 EPS.

A number of other research analysts have also recently weighed in on ERO. National Bank Financial cut Ero Copper from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Scotiabank raised their price objective on shares of Ero Copper from C$24.00 to C$26.00 in a research note on Monday, June 16th. Jefferies Financial Group dropped their price objective on shares of Ero Copper from C$25.00 to C$22.00 in a research note on Friday, April 4th. Raymond James Financial raised shares of Ero Copper to a "moderate buy" rating in a research note on Monday, June 30th. Finally, Canaccord Genuity Group cut their price target on Ero Copper from C$26.50 to C$26.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Ero Copper has an average rating of "Buy" and an average price target of C$27.85.

Ero Copper Price Performance

Shares of ERO stock traded up C$0.51 during mid-day trading on Friday, reaching C$20.65. The stock had a trading volume of 618,724 shares, compared to its average volume of 360,567. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$31.56. The company has a market cap 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 business has a 50-day simple moving average of C$20.56 and a 200 day simple moving average of C$19.07. 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 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.