National Bank Financial Estimates Ero Copper Q4 Earnings

Ero Copper Corp. (TSE:ERO) – Research analysts at National Bank Financial reduced their Q4 2024 earnings per share estimates for Ero Copper in a report released on Wednesday, November 6th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.30 per share for the quarter, down from their prior forecast of $0.37. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share.

Several other equities research analysts have also recently issued reports on ERO. Scotiabank decreased their price objective on Ero Copper from C$37.00 to C$34.00 in a report on Wednesday, November 6th. BMO Capital Markets increased their target price on Ero Copper from C$41.00 to C$43.00 in a research report on Tuesday, July 23rd. National Bankshares cut their price objective on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating on the stock in a research report on Tuesday, October 15th. Jefferies Financial Group cut their price objective on Ero Copper from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research report on Thursday, October 17th. Finally, Ventum Cap Mkts raised Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 22nd. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ero Copper currently has a consensus rating of “Moderate Buy” and a consensus target price of C$33.04.

Ero Copper Stock Down 1.5 %

ERO opened at C$22.74 on Monday. The company has a market cap of C$2.35 billion, a PE ratio of -85.77, a P/E/G ratio of -0.72 and a beta of 1.98. The business has a 50 day moving average price of C$27.41 and a two-hundred day moving average price of C$28.08. Ero Copper has a 52 week low of C$15.74 and a 52 week high of C$32.89. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 82.63.

Ero Copper Company Profile

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.