Ero Copper Corp. (TSE:ERO – Free Report) – Analysts at Raymond James boosted their Q2 2024 earnings per share estimates for shares of Ero Copper in a research note issued on Monday, April 22nd. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.31 per share for the quarter, up from their prior estimate of $0.17. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share. Raymond James also issued estimates for Ero Copper’s Q3 2024 earnings at $1.11 EPS and FY2024 earnings at $2.76 EPS.
Ero Copper (TSE:ERO – Get Free Report) last issued its 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 firm had revenue of C$158.50 million during the quarter, compared to analyst estimates of C$143.80 million.
Ero Copper Price Performance
Shares of ERO opened at C$28.18 on Thursday. Ero Copper has a 12-month low of C$15.72 and a 12-month high of C$32.12. The business has a 50-day simple moving average of C$25.44 and a two-hundred day simple moving average of C$21.63. 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 stock has a market cap of C$2.90 billion, a PE ratio of 21.19, a PEG ratio of -0.72 and a beta of 2.14.
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.
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