Ventum Cap Mkts Comments on Ero Copper Q4 Earnings

Ero Copper Corp. (TSE:ERO) – Investment analysts at Ventum Cap Mkts issued their Q4 2024 earnings per share (EPS) estimates for Ero Copper in a research report issued to clients and investors on Wednesday, February 19th. Ventum Cap Mkts analyst C. Mackay anticipates that the company will post earnings per share of $0.34 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.

ERO has been the subject of a number of other research reports. National Bankshares dropped their target price 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 report on Wednesday, February 12th. Raymond James decreased their price objective on shares of Ero Copper from C$29.00 to C$28.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Scotiabank cut 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 note on Wednesday, February 12th. Ventum Financial decreased their price target on shares of Ero Copper from C$31.50 to C$29.00 in a research report on Thursday, November 21st. Finally, TD Securities upgraded Ero Copper from a “hold” rating to a “buy” rating and lowered their price target for the company from C$26.00 to C$23.00 in a report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$30.38.

Ero Copper Stock Performance

Shares of TSE:ERO opened at C$18.18 on Friday. The firm has a market capitalization of C$1.27 billion, a PE ratio of 79.53, a P/E/G ratio of -0.72 and a beta of 1.98. Ero Copper has a 12 month low of C$18.12 and a 12 month high of C$32.89. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43. The business has a 50-day moving average of C$19.73 and a two-hundred day moving average of C$23.78.

Insider Activity at Ero Copper

In related news, Director Chantal Gosselin sold 10,000 shares of Ero Copper stock in a transaction on Thursday, November 28th. The shares were sold at an average price of C$21.17, for a total value of C$211,700.00. 10.37% of the stock is currently owned by company insiders.

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.