Ventum Cap Mkts Upgrades Ero Copper (TSE:ERO) to Strong-Buy

Ero Copper (TSE:ERO) was upgraded by stock analysts at Ventum Cap Mkts to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports. Ventum Cap Mkts also issued estimates for Ero Copper’s Q2 2026 earnings at $0.95 EPS.

Several other research firms also recently commented on ERO. National Bank Financial downgraded shares of Ero Copper from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Canaccord Genuity Group lowered Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 17th. CIBC downgraded Ero Copper from an “outperform” rating to a “neutral” rating and upped their price target for the stock from C$22.50 to C$37.00 in a report on Friday, October 10th. Raymond James Financial upped their price target on Ero Copper from C$28.00 to C$33.00 in a report on Friday, October 10th. Finally, Stifel Nicolaus downgraded Ero Copper from a “buy” rating to a “hold” rating and upped their price target for the stock from C$26.00 to C$37.00 in a report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Ero Copper presently has a consensus rating of “Hold” and a consensus target price of C$32.00.

Ero Copper Price Performance

ERO opened at C$28.03 on Monday. The stock’s 50-day moving average price is C$26.52 and its 200 day moving average price is C$22.12. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$34.41. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The firm has a market cap of C$2.90 billion, a price-to-earnings ratio of 20.31, a PEG ratio of -0.72 and a beta of 1.59.

Ero Copper Company Profile

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.