Analysts Offer Predictions for Ero Copper Q1 Earnings

Ero Copper Corp. (NYSE:ERO) – Analysts at Ventum Cap Mkts issued their Q1 2025 earnings per share (EPS) estimates for Ero Copper in a research note issued on Wednesday, February 19th. Ventum Cap Mkts analyst C. Mackay forecasts that the company will earn $0.10 per share for the quarter. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Ventum Cap Mkts also issued estimates for Ero Copper’s Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.49 EPS and FY2025 earnings at $1.32 EPS.

A number of other brokerages have also weighed in on ERO. TD Securities raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. The Goldman Sachs Group initiated coverage on shares of Ero Copper in a report on Monday, December 2nd. They set a “buy” rating and a $19.00 price objective on the stock. Finally, TD Cowen raised shares of Ero Copper from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ero Copper presently has an average rating of “Buy” and an average target price of $26.33.

Ero Copper Stock Performance

Shares of ERO stock opened at $12.78 on Monday. The business’s fifty day simple moving average is $13.71 and its 200-day simple moving average is $16.96. The company has a market cap of $1.32 billion, a PE ratio of 75.15 and a beta of 1.14. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71. Ero Copper has a 12-month low of $12.59 and a 12-month high of $24.34.

Institutional Investors Weigh In On Ero Copper

Hedge funds have recently added to or reduced their stakes in the business. State of Wyoming purchased a new stake in Ero Copper in the fourth quarter valued at $76,000. Synergy Asset Management LLC purchased a new stake in Ero Copper in the fourth quarter valued at $78,000. Northwest & Ethical Investments L.P. boosted its holdings in Ero Copper by 19.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock valued at $88,000 after purchasing an additional 1,050 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Ero Copper during the 4th quarter worth about $125,000. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Ero Copper by 128.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company’s stock worth $143,000 after acquiring an additional 6,000 shares in the last quarter. 71.30% of the stock is owned by hedge funds and other institutional investors.

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.