Should I buy or sell Ero Copper stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks .

What is Ero Copper's stock price target for 2024?

10 brokers have issued 1-year target prices for Ero Copper's shares. Their ERO share price targets range from C$22.00 to C$29.00. On average, they anticipate the company's share price to reach C$23.92 in the next year. This suggests a possible upside of 33.5% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts .

How have ERO shares performed in 2023?

Ero Copper's stock was trading at C$18.64 at the beginning of 2023. Since then, ERO stock has decreased by 3.9% and is now trading at C$17.92. View the best growth stocks for 2023 here .

When is Ero Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024. View our ERO earnings forecast .

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (TSE:ERO) issued its earnings results on Thursday, November, 2nd. The company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. The company earned $141.14 million during the quarter. Ero Copper had a trailing twelve-month return on equity of 14.15% and a net margin of 18.33%.

What other stocks do shareholders of Ero Copper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ero Copper investors own include Aurora Cannabis (ACB) , Altius Minerals (ALS) , Baytex Energy (BTE) , Bellatrix Exploration (BXE) , Champion Iron (CIA) , Enerflex (EFX) , First Quantum Minerals (FM) , Kirkland Lake Gold (KL) , Methanex (MEOH) and Nemaska Lithium (NMX) .

How do I buy shares of Ero Copper?

Shares of ERO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Ero Copper Stock Price, News & Analysis (TSE:ERO)

C$18.28

+0.98 (+5.66%)

(As of 01:51 PM ET)

Compare

Today's Range: C$17.17
▼
C$18.30
50-Day Range: C$15.98
▼
C$23.42
52-Week Range: C$15.72
▼
C$32.12

Volume: 124,643 shs
Average Volume: 270,095 shs
Market Capitalization: C$1.87 billion

P/E Ratio: 16.18
Dividend Yield: N/A
Price Target: C$23.92

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Ero Copper MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 33.5% Upside
C$23.92 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.16
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

4.1

Analyst's Opinion

Consensus Rating
Ero Copper has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$23.92, Ero Copper has a forecasted upside of 33.5% from its current price of C$17.92.
Amount of Analyst Coverage
Ero Copper has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ERO.

0.0

Dividend Strength

Dividend Yield
Ero Copper does not currently pay a dividend.
Dividend Growth
Ero Copper does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ERO.

1.8

News and Social Media Coverage

News Sentiment
Ero Copper has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ero Copper this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for ERO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ero Copper insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.69% of the stock of Ero Copper is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
70.65% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ero Copper is 15.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ero Copper is 15.86, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.08.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Ero Copper, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Ero Copper has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ero Copper Stock (TSE:ERO)

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company engages in the production and sale of copper concentrate from the Caraíba operations, located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver by-products. It also holds a 99.6% interest in the Tucumã project, a copper development project located within southeastern Pará state; and holds a 97.6% interest in the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

ERO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ERO Stock News Headlines

December 7, 2023 | americanbankingnews.com

Ero Copper (TSE:ERO) PT Set at C$23.50 by Eight Capital

December 5, 2023 | americanbankingnews.com

Ero Copper Corp. (TSE:ERO) Receives Consensus Rating of "Hold" from Brokerages

December 8, 2023 | Wealthpress (Ad)

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December 1, 2023 | americanbankingnews.com

Q4 2023 EPS Estimates for Ero Copper Corp. (TSE:ERO) Raised by Analyst

December 1, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Ero Copper Corp. Lowered by Raymond James (TSE:ERO)

November 29, 2023 | americanbankingnews.com

Ero Copper (TSE:ERO) Given New C$25.00 Price Target at Raymond James

November 15, 2023 | markets.businessinsider.com

Hold Rating Maintained for Ero Copper Amid Equity Raise and Operational Costs: An Analyst Review

November 6, 2023 | finance.yahoo.com

Ero Copper Announces US$105 Million Bought Deal Financing

December 8, 2023 | Edge On The Street (Ad)

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?

A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.

November 5, 2023 | finance.yahoo.com

Ero Copper Corp. (NYSE:ERO) Q3 2023 Earnings Call Transcript

November 2, 2023 | finance.yahoo.com

Ero Copper Reports Third Quarter 2023 Operating and Financial Results

November 2, 2023 | finance.yahoo.com

Investors in Ero Copper (TSE:ERO) have seen respectable returns of 82% over the past five years

November 1, 2023 | benzinga.com

Earnings Preview For Ero Copper

October 30, 2023 | finance.yahoo.com

Ero Copper Agrees with Vale Base Metals to Enter into Earn-in Agreement for a 60% Interest in the Furnas Copper Project

October 11, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Ero Copper (TSE:ERO)

October 6, 2023 | finance.yahoo.com

Ero Copper to Release Third Quarter 2023 Operating and Financial Results on November 2, 2023

September 22, 2023 | theglobeandmail.com

Ero Copper: Top 10 Undervalued Growth Stocks on TSX (ERO)

August 25, 2023 | msn.com

3 TSX Stocks That Are Too Expensive to Buy Today

August 13, 2023 | msn.com

Ero Copper: Red Hot But Expensive [Rating Downgrade]

August 8, 2023 | msn.com

4 Non-Ferrous Metal Mining Stocks to Watch Amid Industry Turmoil

August 8, 2023 | finance.yahoo.com

Ero Copper Corp. (NYSE:ERO) Q2 2023 Earnings Call Transcript

August 5, 2023 | finanznachrichten.de

Ero Copper Corp.: Ero Copper Reports Second Quarter 2023 Operating and Financial Results

August 2, 2023 | benzinga.com

Ero Copper's Earnings Outlook

August 2, 2023 | finance.yahoo.com

Ero Copper Publishes 2022 Sustainability Report

June 8, 2023 | finance.yahoo.com

Ero Copper Announces Update on Nickel Sulphide Exploration Program — Intercepts 11.2 Meters Grading 1.86% Nickel, including 5.0 Meters Grading 3.71% Nickel

June 5, 2023 | finance.yahoo.com

10 Best Copper Stocks to Buy

May 26, 2023 | finance.yahoo.com

Ero Copper (TSE:ERO) sheds 5.6% this week, as yearly returns fall more in line with earnings growth

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/08/2023
Next Earnings (Estimated): 3/05/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Copper
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:ERO
CUSIP: N/A
CIK: N/A
Web: www.erocopper.com
Phone: +1-604-4499243
Fax: N/A
Employees: 3,253
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$23.92
High Stock Price Target: C$29.00
Low Stock Price Target: C$22.00
Potential Upside/Downside: +38.3%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.13
Trailing P/E Ratio: 15.31
Forward P/E Ratio: 6.40
P/E Growth: -0.72
Net Income: C$78.41 million
Net Margins: 18.33%
Pretax Margin: N/A
Return on Equity: 14.15%
Return on Assets: 5.09%

Debt

Debt-to-Equity Ratio: 67.69
Current Ratio: 1.23
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: C$427.73 million
Price / Sales: 4.14
Cash Flow: C$1.94 per share
Price / Cash Flow: 8.94
Book Value: C$6.78 per share
Price / Book: 2.55

Miscellaneous

Outstanding Shares: 102,450,000
Free Float: N/A
Market Cap: C$1.77 billion
Optionable: Not Optionable
Beta: 2.30

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Key Executives

Mr. David Maxwell Strang (Age 55)
CEO & Director
Comp: $1.73M
Mr. Makko DeFilippo
President & COO
Mr. Wayne Drier
Chief Financial Officer
Mr. Michel Richard
Chief Geological Officer
Ms. Courtney R. B. Lynn (Age 42)
Senior Vice President of Corporate Development, Investor Relations & Sustainability
Mr. Deepk Hundal
Senior VP, General Counsel & Corporate Secretary
Mr. Eduardo de Come (Age 57)
Chief Executive Officer of Ero Brazil
Mr. Emilio Sarno
Vice President of Asset Management

Key Competitors

View All Competitors

ERO Stock Analysis - Frequently Asked Questions

Should I buy or sell Ero Copper stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares.
View ERO analyst ratings or view top-rated stocks.
What is Ero Copper's stock price target for 2024?: 10 brokers have issued 1-year target prices for Ero Copper's shares. Their ERO share price targets range from C$22.00 to C$29.00. On average, they anticipate the company's share price to reach C$23.92 in the next year. This suggests a possible upside of 33.5% from the stock's current price.
View analysts price targets for ERO or view top-rated stocks among Wall Street analysts.
How have ERO shares performed in 2023?: Ero Copper's stock was trading at C$18.64 at the beginning of 2023. Since then, ERO stock has decreased by 3.9% and is now trading at C$17.92.
View the best growth stocks for 2023 here.
When is Ero Copper's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024.
View our ERO earnings forecast.

How were Ero Copper's earnings last quarter?: Ero Copper Corp. (TSE:ERO) issued its earnings results on Thursday, November, 2nd. The company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. The company earned $141.14 million during the quarter. Ero Copper had a trailing twelve-month return on equity of 14.15% and a net margin of 18.33%.
What other stocks do shareholders of Ero Copper own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ero Copper investors own include Aurora Cannabis (ACB), Altius Minerals (ALS), Baytex Energy (BTE), Bellatrix Exploration (BXE), Champion Iron (CIA), Enerflex (EFX), First Quantum Minerals (FM), Kirkland Lake Gold (KL), Methanex (MEOH) and Nemaska Lithium (NMX).
How do I buy shares of Ero Copper?: Shares of ERO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ERO) was last updated on 12/8/2023 by MarketBeat.com Staff

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Ero Copper Stock Price, News & Analysis (TSE:ERO)

Ero Copper MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Ero Copper Stock (TSE:ERO)

ERO Stock Price History

ERO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ERO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™