TSE:ERO

Ero Copper - ERO Stock Forecast, Price & News

C$13.02

-0.35 (-2.62%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: C$12.93
▼
C$13.18
50-Day Range: C$10.84
▼
C$14.38
52-Week Range: C$10.54
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C$25.83

Volume: 183,080 shs
Average Volume: 392,487 shs
Market Capitalization: C$1.18 billion

P/E Ratio: 5.76
Dividend Yield: N/A
Price Target: C$20.60

About Ero Copper (TSE:ERO) Stock

Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the CuraÃ§Ã¡ Valley, northeastern Bahia state, as well as gold and silver byproducts. The company also holds a 100% interest in the Boa EsperanÃ§a property, a copper development project located within southeastern ParÃ¡ state; and NX Gold property located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Ero Copper Trading Up 1.8 %

Shares of Ero Copper stock opened at C$13.31 on Friday. Ero Copper has a 52-week low of C$10.54 and a 52-week high of C$25.83. The firm has a market capitalization of C$1.21 billion and a PE ratio of 3.77. The company has a debt-to-equity ratio of 16.78, a current ratio of 1.70 and a quick ratio of 1.43. The company's fifty day moving average price is C$12.07 and its two-hundred day moving average price is C$15.55.

Analyst Ratings Changes

ERO has been the topic of a number of recent research reports. Cormark reduced their target price on shares of Ero Copper from C$28.50 to C$25.00 and set a "buy" rating on the stock in a report on Wednesday, May 11th. Raymond James cut their price objective on Ero Copper from C$22.00 to C$18.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 19th. TD Securities lowered their price target on shares of Ero Copper from C$17.00 to C$16.50 and set a "buy" rating for the company in a report on Thursday, August 4th. Stifel Nicolaus decreased their price target on shares of Ero Copper from C$35.00 to C$27.00 in a research report on Tuesday, July 19th. Finally, BMO Capital Markets cut their price objective on Ero Copper from C$25.00 to C$22.00 in a research note on Wednesday, August 3rd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Ero Copper has an average rating of "Moderate Buy" and a consensus target price of C$21.45.

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ERO Stock News Headlines

August 19, 2022 | americanbankingnews.com

Brokerages Set Ero Copper Corp. (TSE:ERO) PT at C$21.45

August 10, 2022 | americanbankingnews.com

Ero Copper Corp. Expected to Earn Q3 2022 Earnings of $0.46 Per Share (TSE:ERO)

August 10, 2022 | americanbankingnews.com

Cormark Weighs in on Ero Copper Corp.'s Q3 2022 Earnings (TSE:ERO)

August 7, 2022 | americanbankingnews.com

Ero Copper (TSE:ERO) PT Lowered to C$16.50 at TD Securities

August 7, 2022 | americanbankingnews.com

FY2023 Earnings Estimate for Ero Copper Corp. Issued By Cormark (TSE:ERO)

August 6, 2022 | americanbankingnews.com

Ero Copper (TSE:ERO) PT Lowered to C$19.00

August 5, 2022 | americanbankingnews.com

Ero Copper (TSE:ERO) Shares Down 6.4% on Analyst Downgrade

August 4, 2022 | americanbankingnews.com

Ero Copper (TSE:ERO) Price Target Lowered to C$22.00 at BMO Capital Markets

August 3, 2022 | ca.investing.com

Today's TSX Market Movers: Bausch, Shopify, NFI Group, Paramount, Ero Copper

August 1, 2022 | finance.yahoo.com

Ero Copper Appoints Jill Angevine to the Board of Directors

July 31, 2022 | americanbankingnews.com

Ero Copper (ERO) to Release Quarterly Earnings on Tuesday

July 27, 2022 | americanbankingnews.com

Ero Copper Corp. (TSE:ERO) Receives C$22.41 Consensus Price Target from Analysts

July 22, 2022 | proactiveinvestors.com

Base metal price weakness should be short-lived; likely to see demand bounce amid green energy transition, reckons Stifel GMP

July 11, 2022 | finance.yahoo.com

Ero Copper to Release Second Quarter 2022 Financial and Operating Results on August 2, 2022

June 13, 2022 | finance.yahoo.com

Investors Shouldn't Overlook Ero Copper's (TSE:ERO) Impressive Returns On Capital

June 1, 2022 | nasdaq.com

Royal Gold (RGLD) Gains on New Streams & Royalty Acquisitions

May 14, 2022 | seekingalpha.com

Ero Copper Corp. (ERO) CEO David Strang on Q1 2022 Results - Earnings Call Transcript

May 9, 2022 | nasdaq.com

Shares of ERO Now Oversold

April 25, 2022 | baystreet.ca

Selloff Continues in Toronto

April 20, 2022 | finance.yahoo.com

Ero Copper Corp.'s (TSE:ERO) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

April 12, 2022 | baystreet.ca

Negative Vibes Continue for TSX

March 15, 2022 | proactiveinvestors.com

Soma Gold set to option Tucuma properties in Brazil to Ero Copper

March 3, 2022 | reuters.com

CANADA STOCKS-TSX gains as miners track surge in metal prices

March 3, 2022 | baystreet.ca

TSX Falls by Noon Hour

March 1, 2022 | finance.yahoo.com

Ero Copper Corp. (ERO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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30 days | 90 days | 365 days | Advanced Chart

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ERO Company Calendar

Today: 8/19/2022
Next Earnings (Estimated): 11/09/2022

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: 2,457
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$20.60
High Stock Price Forecast: C$27.00
Low Stock Price Forecast: C$16.00
Forecasted Upside/Downside: +58.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5.76
Forward P/E Ratio: 7.10
P/E Growth: -0.73
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 16.78
Current Ratio: 1.70
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: C$489.92 million
Price / Sales: 2.41
Cash Flow: C$1.44 per share
Price / Cash Flow: 9.04
Book Value: C$5.50 per share
Price / Book: 2.37

Miscellaneous

Outstanding Shares: 90,737,000
Free Float: N/A
Market Cap: C$1.18 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Christopher Noel Dunn CMA (Age 62)
Exec. Chairman
Comp: $1.35M

Mr. David Maxwell Strang (Age 54)
CEO & Director
Comp: $1.35M

Mr. Makko DeFilippo
Pres

Mr. Wayne Drier
Chief Financial Officer

Ms. Anthea Bath
Chief Operating Officer

Mr. Michel Richard
Chief Geological Officer

Ms. Courtney R. B. Lynn (Age 40)
VP of Corp. Devel. & Investor Relations

Mr. Deepk Hundal
Sr. VP, Gen. Counsel & Corp. Sec.

Mr. Eduardo de Come (Age 56)
Chief Exec. Officer of Ero Brazil

Mr. Pablo Mejia-Herrera
VP of Exploration

Key Competitors

View All Competitors

Insiders & Institutions

John H Wright
Bought 6,000 shares on 5/13/2022
Total: C$82,200.00 ($13.70/share)

View All Insider Transactions
View All Institutional Transactions

ERO Stock - Frequently Asked Questions

Should I buy or sell Ero Copper stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ERO shares.
View ERO analyst ratings or view top-rated stocks.
What is Ero Copper's stock price forecast for 2022?: 8 brokers have issued 12-month target prices for Ero Copper's stock. Their ERO share price forecasts range from C$16.00 to C$27.00. On average, they anticipate the company's share price to reach C$20.60 in the next year. This suggests a possible upside of 58.2% 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 2022?: Ero Copper's stock was trading at C$19.30 at the start of the year. Since then, ERO stock has decreased by 32.5% and is now trading at C$13.02.
View the best growth stocks for 2022 here.
When is Ero Copper's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our ERO earnings forecast.

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).
What is Ero Copper's stock symbol?: Ero Copper trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERO."
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.
What is Ero Copper's stock price today?: One share of ERO stock can currently be purchased for approximately C$13.02.
How much money does Ero Copper make?: Ero Copper (TSE:ERO) has a market capitalization of C$1.18 billion and generates C$489.92 million in revenue each year.
How many employees does Ero Copper have?: The company employs 2,457 workers across the globe.
How can I contact Ero Copper?: Ero Copper's mailing address is 625 Howe St Suite 1050, VANCOUVER, BC V6C 2T6, Canada. The official website for the company is www.erocopper.com. The company can be reached via phone at +1-604-4499243.

This page (TSE:ERO) was last updated on 8/19/2022 by MarketBeat.com Staff

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