Ero Copper (TSE:ERO) Price Target Raised to C$53.00

Posted by on Jul 24th, 2026

Ero Copper (TSE:ERO – Free Report) had its price target upped by Stifel Nicolaus from C$52.00 to C$53.00 in a research report report published on Tuesday,BayStreet.CA reports. They currently have a hold rating on the stock.

Several other analysts have also commented on the company. BMO Capital Markets increased their price objective on Ero Copper from C$42.00 to C$48.00 in a report on Wednesday, April 22nd. National Bank Financial raised Ero Copper from a “hold” rating to a “strong-buy” rating and set a C$50.00 target price on the stock in a research report on Tuesday, May 5th. Royal Bank Of Canada raised their price target on Ero Copper from C$52.00 to C$53.00 in a report on Tuesday. Jefferies Financial Group dropped their price target on Ero Copper from C$42.00 to C$39.00 in a research note on Monday, July 13th. Finally, Scotiabank upped their price objective on shares of Ero Copper from C$50.00 to C$55.00 and gave the company a “sector outperform” rating in a report on Monday, June 15th. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$47.40.

Get Our Latest Analysis on Ero Copper

Ero Copper Stock Down 2.4%

TSE:ERO opened at C$37.19 on Tuesday. The company’s 50-day simple moving average is C$38.40 and its 200-day simple moving average is C$39.83. The company has a debt-to-equity ratio of 54.96, a quick ratio of 1.43 and a current ratio of 1.30. Ero Copper has a fifty-two week low of C$17.66 and a fifty-two week high of C$53.69. The stock has a market capitalization of C$3.88 billion, a P/E ratio of 13.28, a P/E/G ratio of -0.72 and a beta of 1.78.

Insider Activity

In other Ero Copper news, Director Lyle Braaten sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of C$41.80, for a total value of C$418,000.00. Following the sale, the director directly owned 200,000 shares of the company’s stock, valued at approximately C$8,360,000. This trade represents a 4.76% decrease in their ownership of the stock. 10.37% of the stock is currently owned by insiders.

Ero Copper Company Profile

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Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.

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