Ero Copper Corp. (TSE:ERO – Free Report) – Equities researchers at Scotiabank lowered their FY2026 earnings estimates for shares of Ero Copper in a report issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $6.08 per share for the year, down from their prior forecast of $6.45. Scotiabank has a “Sector Outperform” rating and a $55.00 price objective on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $8.13 EPS.
Other research analysts have also issued reports about the company. Royal Bank Of Canada lifted their target price on Ero Copper from C$52.00 to C$53.00 in a report on Tuesday, July 21st. Jefferies Financial Group reduced their price target on Ero Copper from C$42.00 to C$39.00 in a research report on Monday, July 13th. Bank of America upgraded Ero Copper from a “neutral” rating to a “buy” rating and lifted their price objective for the company from C$41.00 to C$49.00 in a research note on Thursday, July 16th. National Bank Financial boosted their price objective on Ero Copper from C$50.00 to C$52.50 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, TD upped their target price on shares of Ero Copper from C$44.00 to C$45.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$47.63.
Ero Copper Stock Up 5.4%
Ero Copper stock opened at C$49.61 on Friday. The firm has a market capitalization of C$5.17 billion, a P/E ratio of 16.82, a P/E/G ratio of -0.72 and a beta of 1.75. The company has a current ratio of 1.37, a quick ratio of 1.43 and a debt-to-equity ratio of 47.25. Ero Copper has a twelve month low of C$18.90 and a twelve month high of C$53.69. The stock’s fifty day simple moving average is C$40.18 and its 200-day simple moving average is C$39.84.
Ero Copper (TSE:ERO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$1.18 EPS for the quarter. The company had revenue of C$403.95 million during the quarter. Ero Copper had a net margin of 29.72% and a return on equity of 30.09%.
About Ero Copper
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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