FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Scotiabank cut their FY2026 earnings per share estimates for shares of Ero Copper in a report issued on Thursday, March 12th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn $6.22 per share for the year, down from their prior forecast of $6.57. 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 $6.18 EPS.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group lowered their target price on shares of Ero Copper from C$45.00 to C$38.00 in a research note on Friday, February 6th. TD Securities boosted their price target on shares of Ero Copper from C$33.00 to C$45.00 in a research note on Thursday, January 22nd. Raymond James Financial lowered shares of Ero Copper from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$49.00 to C$45.00 in a report on Monday, February 9th. National Bank Financial lowered their price objective on shares of Ero Copper from C$56.00 to C$53.50 and set a “sector perform” rating on the stock in a research report on Wednesday, February 25th. Finally, Canadian Imperial Bank of Commerce lifted their price objective on shares of Ero Copper from C$42.00 to C$52.00 in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$44.54.

Ero Copper Stock Performance

Shares of ERO opened at C$36.67 on Monday. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$53.69. The company has a current ratio of 1.06, a quick ratio of 1.43 and a debt-to-equity ratio of 67.59. The company has a market cap of C$3.81 billion, a PE ratio of 27.57, a price-to-earnings-growth ratio of -0.72 and a beta of 1.66. The stock has a 50-day moving average price of C$42.61 and a 200-day moving average price of C$34.87.

Insider Transactions at Ero Copper

In other Ero Copper news, Director John H. Wright sold 15,000 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total transaction of C$781,650.00. Following the transaction, the director owned 377,832 shares in the company, valued at C$19,688,825.52. The trade was a 3.82% decrease in their ownership of the stock. 10.37% of the stock is currently owned by corporate insiders.

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.