Raymond James Has Positive Outlook of Ero Copper Q3 Earnings

Ero Copper Corp. (TSE:ERO) – Equities research analysts at Raymond James boosted their Q3 2025 earnings estimates for Ero Copper in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will post earnings of $1.28 per share for the quarter, up from their prior forecast of $1.26. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Raymond James also issued estimates for Ero Copper’s FY2025 earnings at $3.62 EPS.

ERO has been the topic of a number of other research reports. Scotiabank dropped their price objective on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Jefferies Financial Group cut their price target on shares of Ero Copper from C$25.00 to C$22.00 in a report on Friday, April 4th. TD Securities lowered their target price on shares of Ero Copper from C$23.00 to C$22.00 and set a “buy” rating on the stock in a research report on Monday, March 10th. Desjardins upgraded shares of Ero Copper to a “hold” rating in a research report on Thursday, April 3rd. Finally, National Bankshares lowered their price target on Ero Copper from C$23.50 to C$21.50 and set an “outperform” rating on the stock in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$29.83.

Ero Copper Price Performance

Shares of ERO opened at C$15.12 on Thursday. The firm has a market capitalization of C$1.06 billion, a PE ratio of 66.14, a P/E/G ratio of -0.72 and a beta of 1.98. The stock’s 50 day moving average is C$17.44 and its two-hundred day moving average is C$20.72. Ero Copper has a twelve month low of C$13.17 and a twelve month high of C$32.89. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17.

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.