Chantal Gosselin Sells 10,000 Shares of Ero Copper Corp. (TSE:ERO) Stock

Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin sold 10,000 shares of the stock in a transaction dated Thursday, November 28th. The shares were sold at an average price of C$21.17, for a total transaction of C$211,700.00.

Ero Copper Price Performance

TSE ERO opened at C$21.39 on Friday. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 82.63. The company has a market cap of C$2.21 billion, a PE ratio of -82.27, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. Ero Copper Corp. has a 52 week low of C$16.28 and a 52 week high of C$32.89. The firm’s 50-day simple moving average is C$25.97 and its two-hundred day simple moving average is C$27.49.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ERO shares. Scotiabank decreased their price objective on shares of Ero Copper from C$37.00 to C$34.00 in a research note on Wednesday, November 6th. Ventum Financial decreased their price target on Ero Copper from C$31.50 to C$29.00 in a research report on Thursday, November 21st. Eight Capital cut their price objective on Ero Copper from C$40.00 to C$34.00 in a research report on Wednesday, November 6th. National Bankshares decreased their target price on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating for the company in a research report on Tuesday, October 15th. Finally, Jefferies Financial Group lowered their target price on Ero Copper from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$33.67.

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.