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 equities research analysts have issued 1 year price objectives for Ero Copper's shares. Their ERO share price targets range from C$22.00 to C$34.00. On average, they expect the company's share price to reach C$25.88 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts .

How have ERO shares performed in 2024?

Ero Copper's stock was trading at C$20.95 at the beginning of 2024. Since then, ERO shares have increased by 31.5% and is now trading at C$27.54. View the best growth stocks for 2024 here .

When is Ero Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our ERO earnings forecast .

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (TSE:ERO) issued its quarterly earnings data on Thursday, March, 7th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.02. The company earned $158.50 million during the quarter, compared to analysts' expectations of $143.80 million. Ero Copper had a trailing twelve-month return on equity of 13.96% and a net margin of 21.71%.

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 .

TSE:ERO

Ero Copper (ERO) Stock Price, News & Analysis

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Free ERO Stock Alerts

C$27.70

-0.29 (-1.04%)

(As of 03:45 PM ET)

Compare

Today's Range: C$27.32
▼
C$28.10
50-Day Range: C$19.13
▼
C$29.59
52-Week Range: C$15.72
▼
C$32.12

Volume: 309,344 shs
Average Volume: 303,652 shs
Market Capitalization: C$2.85 billion

P/E Ratio: 20.83
Dividend Yield: N/A
Price Target: C$25.88

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Ero Copper alerts:

Ero Copper MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 6.0% Downside
C$25.88 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

2.1

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.
Amount of Analyst Coverage
Ero Copper has been the subject of 7 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.

3.0

News and Social Media Coverage

News Sentiment
Ero Copper has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Ero Copper this week, compared to 1 article on an average week.
Search Interest
6 people have searched for ERO on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
4 people have added Ero Copper to their MarketBeat watchlist in the last 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
11.12% 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
80.88% 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 20.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ero Copper is 20.71, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 133.19.
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 3.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Ero Copper Stock (TSE:ERO)

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. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and 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

April 18, 2024 | americanbankingnews.com

Ero Copper (TSE:ERO) Price Target Raised to C$28.50 at CIBC

April 18, 2024 | americanbankingnews.com

Ero Copper (TSE:ERO) Given New C$34.00 Price Target at Canaccord Genuity Group

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 17, 2024 | msn.com

How major US stock indexes fared Wednesday, 4/17/2024

April 6, 2024 | morningstar.com

Ero Copper Corp

March 30, 2024 | finance.yahoo.com

Ero Copper (TSE:ERO) Could Be Struggling To Allocate Capital

March 29, 2024 | stockhouse.com

4 Stocks To Watch With Rising Copper Prices

March 19, 2024 | finance.yahoo.com

ERO Jun 2024 15.000 put

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

March 19, 2024 | finance.yahoo.com

ERO Dec 2024 12.500 put

March 15, 2024 | msn.com

Copper rallies to new highs as supply tightens further

March 13, 2024 | reuters.com

Commodities lift TSX as investors eye fresh rate cut cues

March 9, 2024 | finance.yahoo.com

Ero Copper Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

March 7, 2024 | msn.com

ERO Stock Earnings: Ero Copper Misses EPS, Beats Revenue for Q4 2023

March 6, 2024 | benzinga.com

A Preview Of Ero Copper's Earnings

March 6, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Ero Copper's earnings report

March 2, 2024 | wsj.com

Ero Copper Corp.

February 22, 2024 | benzinga.com

Ero Copper Stock (NYSE:ERO) Insider Trades

February 16, 2024 | msn.com

TSX Prospers on Day, Week

January 16, 2024 | finanznachrichten.de

Ero Copper Corp.: Ero Copper's Tucumã Project Reaches Over 85% Physical Completion - On Track for First Copper Production in H2 2024

January 11, 2024 | msn.com

Copper bounces after eight straight losses ahead of U.S. inflation data

January 9, 2024 | baystreet.ca

TSX Loses Ground Tuesday

January 3, 2024 | msn.com

Copper drops to two-week low as weak China manufacturing data fuels doubts

December 21, 2023 | finance.yahoo.com

Ero Copper Corp. (ERO) Stock Historical Prices & Data - Yahoo Finance

December 18, 2023 | finance.yahoo.com

Ero Copper Corp.'s (TSE:ERO) 36% Jump Shows Its Popularity With Investors

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

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Copper
Sub-Industry: N/A
Current Symbol: TSE:ERO
CUSIP: N/A
CIK: N/A
Web: www.erocopper.com
Phone: +1-604-4499243
Fax: N/A
Employees: 3,374
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$25.88
High Stock Price Target: C$34.00
Low Stock Price Target: C$22.00
Potential Upside/Downside: -7.5%
Consensus Rating: Hold
Rating Score (0-4): 2.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.33
Trailing P/E Ratio: 21.05
Forward P/E Ratio: 13.88
P/E Growth: -0.72
Net Income: C$92.80 million
Net Margins: 21.71%
Pretax Margin: N/A
Return on Equity: 13.96%
Return on Assets: 4.28%

Debt

Debt-to-Equity Ratio: 55.09
Current Ratio: 1.15
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: C$427.48 million
Price / Sales: 6.73
Cash Flow: C$3.13 per share
Price / Cash Flow: 8.94
Book Value: C$7.83 per share
Price / Book: 3.57

Miscellaneous

Outstanding Shares: 102,760,000
Free Float: N/A
Market Cap: C$2.88 billion
Optionable: Not Optionable
Beta: 2.14

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Key Executives

Mr. David Maxwell Strang (Age 56)
CEO & Director
Comp: $1.75M
Mr. Makko DeFilippo
President & COO
Mr. Wayne Drier
Chief Financial Officer
Mr. Deepk Hundal
Senior VP, General Counsel & Corporate Secretary
Mr. Michel Richard
Chief Geological Officer
Ms. Courtney R. B. Lynn (Age 42)
Senior Vice President of Corporate Development, Investor Relations & Sustainability
Mr. Eduardo de Come (Age 58)
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 equities research analysts have issued 1 year price objectives for Ero Copper's shares. Their ERO share price targets range from C$22.00 to C$34.00. On average, they expect the company's share price to reach C$25.88 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
View analysts price targets for ERO or view top-rated stocks among Wall Street analysts.
How have ERO shares performed in 2024?: Ero Copper's stock was trading at C$20.95 at the beginning of 2024. Since then, ERO shares have increased by 31.5% and is now trading at C$27.54.
View the best growth stocks for 2024 here.
When is Ero Copper's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ERO earnings forecast.

How were Ero Copper's earnings last quarter?: Ero Copper Corp. (TSE:ERO) issued its quarterly earnings data on Thursday, March, 7th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.02. The company earned $158.50 million during the quarter, compared to analysts' expectations of $143.80 million. Ero Copper had a trailing twelve-month return on equity of 13.96% and a net margin of 21.71%.
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 4/19/2024 by MarketBeat.com Staff

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Ero Copper (ERO) Stock Price, News & Analysis

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

MarketBeat Follows

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^™