Ero Copper Corp. (TSE:ERO) Director Purchases C$194,400.00 in Stock

Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin acquired 10,000 shares of Ero Copper stock in a transaction on Friday, December 27th. The shares were purchased at an average cost of C$19.44 per share, for a total transaction of C$194,400.00.

Chantal Gosselin also recently made the following trade(s):

• On Thursday, November 28th, Chantal Gosselin sold 10,000 shares of Ero Copper stock. The shares were sold at an average price of C$21.17, for a total value of C$211,700.00.

Ero Copper Stock Down 0.9 %

Shares of Ero Copper stock opened at C$19.25 on Monday. The company has a market capitalization of C$1.99 billion, a P/E ratio of -74.04, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. The company has a debt-to-equity ratio of 82.63, a current ratio of 0.68 and a quick ratio of 1.43. The business has a 50-day moving average of C$22.46 and a two-hundred day moving average of C$26.13. Ero Copper Corp. has a 1 year low of C$18.38 and a 1 year high of C$32.89.

Wall Street Analyst Weigh In

ERO has been the subject of several recent research reports. The Goldman Sachs Group raised Ero Copper to a “strong-buy” rating in a report on Monday, December 2nd. Scotiabank dropped their price target on shares of Ero Copper from C$34.00 to C$30.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. Ventum Financial dropped their target price on shares of Ero Copper from C$31.50 to C$29.00 in a research report on Thursday, November 21st. National Bankshares reduced their price target on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating on the stock in a research report on Tuesday, October 15th. Finally, Eight Capital dropped their price objective on Ero Copper from C$40.00 to C$34.00 in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$33.33.

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.