Stifel Canada Has Pessimistic View of Ero Copper Q2 Earnings

Ero Copper Corp. (TSE:ERO) – Equities research analysts at Stifel Canada lowered their Q2 2025 earnings per share estimates for Ero Copper in a research note issued to investors on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings of $0.44 per share for the quarter, down from their previous estimate of $0.52. Stifel Canada currently 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 Q3 2025 earnings at $0.88 EPS, Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $2.77 EPS, FY2026 earnings at $3.79 EPS and FY2027 earnings at $3.15 EPS.

Several other research firms also recently commented on ERO. National Bank Financial downgraded Ero Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Desjardins raised Ero Copper to a “hold” rating in a report on Thursday, April 3rd. Jefferies Financial Group lowered their price target on Ero Copper from C$25.00 to C$22.00 in a report on Friday, April 4th. Scotiabank upped their price target on Ero Copper from C$24.00 to C$26.00 in a report on Monday, June 16th. Finally, TD Securities upped their price target on Ero Copper from C$20.00 to C$22.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$27.85.

Ero Copper Price Performance

Shares of ERO stock opened at C$20.23 on Thursday. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 88.50, a PEG ratio of -0.72 and a beta of 1.98. The business’s fifty day moving average is C$20.74 and its 200 day moving average is C$19.09. Ero Copper has a twelve month low of C$13.17 and a twelve month high of C$31.56. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 83.17.

About Ero Copper

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.