Stifel Canada Predicts Ero Copper FY2028 Earnings

Ero Copper Corp. (TSE:ERO - Free Report) - Stifel Canada issued their FY2028 earnings estimates for Ero Copper in a research report issued on Tuesday, July 8th. Stifel Canada analyst R. Profiti anticipates that the company will post earnings of $2.16 per share for the year. Stifel Canada 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.

ERO has been the topic of several other reports. National Bankshares downgraded Ero Copper from an "outperform" rating to a "sector perform" rating and set a C$24.50 target price on the stock. in a report on Wednesday, July 9th. Raymond James Financial raised Ero Copper to a "moderate buy" rating in a report on Monday, June 30th. Canaccord Genuity Group reduced their target price on shares of Ero Copper from C$26.50 to C$26.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. BMO Capital Markets upped their price objective on shares of Ero Copper from C$24.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Friday, July 4th. Finally, Jefferies Financial Group lowered their price objective on Ero Copper from C$25.00 to C$22.00 in a research note on Friday, April 4th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Ero Copper has an average rating of "Buy" and a consensus price target of C$27.85.

Ero Copper Stock Down 2.7%

TSE:ERO traded down C$0.56 during trading hours on Friday, hitting C$20.09. 433,444 shares of the stock traded hands, compared to its average volume of 361,111. 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 has a fifty-two week low of C$13.17 and a fifty-two week high of C$31.56. The firm has a 50 day moving average price of C$20.56 and a 200 day moving average price of C$19.06. The firm has a market cap of C$1.41 billion, a price-to-earnings ratio of 87.89, a PEG ratio of -0.72 and a beta of 1.98.

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.