FY2025 EPS Estimates for Ero Copper Corp. (TSE:ERO) Increased by National Bank Financial

Ero Copper Corp. (TSE:ERO) – Equities researchers at National Bank Financial lifted their FY2025 earnings per share estimates for shares of Ero Copper in a research report issued on Thursday, April 18th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $4.17 for the year, up from their previous estimate of $4.12. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share.

A number of other research firms have also recently issued reports on ERO. Canaccord Genuity Group raised their target price on Ero Copper from C$26.00 to C$34.00 in a research note on Wednesday, April 17th. Raymond James lifted their price target on Ero Copper from C$25.00 to C$26.00 in a report on Wednesday, March 20th. National Bankshares increased their price objective on Ero Copper from C$22.50 to C$24.00 and gave the stock a “sector perform” rating in a report on Thursday, February 22nd. TD Securities lifted their target price on Ero Copper from C$24.00 to C$25.00 and gave the company a “hold” rating in a research note on Friday, March 8th. Finally, Pi Financial upgraded Ero Copper from a “neutral” rating to a “buy” rating in a research report on Thursday, April 18th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$26.50.

Ero Copper Stock Performance

Shares of ERO stock opened at C$26.60 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.15 and a debt-to-equity ratio of 55.09. The business has a 50 day moving average of C$24.94 and a two-hundred day moving average of C$21.50. The company has a market cap of C$2.73 billion, a P/E ratio of 20.00, a PEG ratio of -0.72 and a beta of 2.14. Ero Copper has a 52 week low of C$15.72 and a 52 week high of C$32.12.

Ero Copper (TSE:ERO) last posted its quarterly earnings results on Thursday, March 7th. The company reported C$0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.02). Ero Copper had a return on equity of 13.96% and a net margin of 21.71%. The business had revenue of C$158.50 million during the quarter, compared to the consensus estimate of C$143.80 million.

About Ero Copper

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.