Ventum Cap Mkts Predicts Ero Copper Q4 Earnings

Ero Copper Corp. (TSE:ERO) – Research analysts at Ventum Cap Mkts issued their Q4 2024 EPS estimates for Ero Copper in a report released on Wednesday, February 19th. Ventum Cap Mkts analyst C. Mackay expects that the company will earn $0.34 per share for the quarter. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Ventum Cap Mkts also issued estimates for Ero Copper’s FY2025 earnings at $1.87 EPS.

Several other equities analysts have also commented on the company. Jefferies Financial Group cut their price target on Ero Copper from C$33.00 to C$29.00 in a research note on Tuesday, January 7th. Scotiabank dropped their target price on shares of Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. National Bankshares lowered their price objective on shares of Ero Copper from C$27.00 to C$23.50 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Eight Capital dropped their price target on Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. Finally, TD Securities raised shares of Ero Copper from a “hold” rating to a “buy” rating and reduced their price target for the stock from C$26.00 to C$23.00 in a research report on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$30.38.

Ero Copper Trading Up 0.2 %

ERO stock opened at C$19.26 on Friday. Ero Copper has a twelve month low of C$18.16 and a twelve month high of C$32.89. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 83.17. The firm’s fifty day simple moving average is C$19.73 and its two-hundred day simple moving average is C$23.78. The stock has a market capitalization of C$1.35 billion, a price-to-earnings ratio of 84.26, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98.

Insider Buying and Selling at Ero Copper

In other Ero Copper news, Director Chantal Gosselin purchased 10,000 shares of the business’s stock in a transaction on Friday, December 27th. The shares were bought at an average cost of C$19.44 per share, for a total transaction of C$194,400.00. Insiders own 10.37% of the company’s stock.

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.