National Bank Financial Weighs in on Ero Copper Q1 Earnings

Ero Copper Corp. (TSE:ERO) – Analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Ero Copper in a research note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle forecasts that the company will post earnings per share of $0.36 for the quarter. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. National Bank Financial also issued estimates for Ero Copper’s FY2025 earnings at $2.98 EPS.

Several other brokerages also recently commented on ERO. Raymond James boosted their target price on shares of Ero Copper from C$26.00 to C$28.00 in a research note on Friday, April 4th. Desjardins upgraded shares of Ero Copper to a “hold” rating in a research report on Thursday, April 3rd. BMO Capital Markets raised shares of Ero Copper to a “strong-buy” rating in a report on Wednesday. National Bankshares reduced their target price on Ero Copper from C$23.50 to C$21.50 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group dropped their price target on Ero Copper from C$25.00 to C$22.00 in a report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Ero Copper has a consensus rating of “Buy” and an average price target of C$29.83.

Ero Copper Stock Performance

Shares of TSE:ERO opened at C$15.12 on Friday. 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’s fifty day moving average price is C$17.44 and its two-hundred day moving average price is C$20.65. Ero Copper has a fifty-two week low of C$13.17 and a fifty-two week high of C$32.89. The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of 66.14, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98.

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.