Ventum Cap Mkts Forecasts Ero Copper Q2 Earnings

Ero Copper Corp. (NYSE:ERO) – Stock analysts at Ventum Cap Mkts issued their Q2 2026 earnings per share estimates for shares of Ero Copper in a research report issued on Monday, November 3rd. Ventum Cap Mkts analyst M. Myers forecasts that the company will post earnings per share of $0.69 for the quarter. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

Ero Copper (NYSE:ERO) last issued its earnings results on Tuesday, November 4th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.09). The company had revenue of $177.10 million during the quarter, compared to analyst estimates of $309.30 million. Ero Copper had a return on equity of 17.96% and a net margin of 26.63%.

ERO has been the subject of several other research reports. TD Securities cut Ero Copper from a “buy” rating to a “hold” rating in a research note on Tuesday, October 21st. Zacks Research cut Ero Copper from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. TD Cowen restated a “hold” rating on shares of Ero Copper in a research note on Tuesday, October 21st. Scotiabank restated a “sector perform” rating on shares of Ero Copper in a research note on Tuesday, October 28th. Finally, Cibc World Mkts cut Ero Copper from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Ero Copper has a consensus rating of “Hold” and an average price target of $25.00.

Ero Copper Stock Performance

Shares of Ero Copper stock opened at $19.96 on Wednesday. The business has a 50-day moving average of $19.07 and a 200 day moving average of $16.02. Ero Copper has a 12 month low of $9.30 and a 12 month high of $24.48. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 14.57 and a beta of 1.24. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.05 and a quick ratio of 0.80.

Hedge Funds Weigh In On Ero Copper

Institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its position in shares of Ero Copper by 82.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 275,598 shares of the company’s stock valued at $3,340,000 after purchasing an additional 124,179 shares in the last quarter. Sprott Inc. lifted its holdings in Ero Copper by 64.3% during the 1st quarter. Sprott Inc. now owns 748,185 shares of the company’s stock worth $9,068,000 after buying an additional 292,896 shares during the last quarter. Wincap Financial LLC lifted its holdings in Ero Copper by 29.4% during the 1st quarter. Wincap Financial LLC now owns 96,510 shares of the company’s stock worth $1,170,000 after buying an additional 21,948 shares during the last quarter. TD Asset Management Inc lifted its holdings in Ero Copper by 234.1% during the 1st quarter. TD Asset Management Inc now owns 935,090 shares of the company’s stock worth $11,324,000 after buying an additional 655,232 shares during the last quarter. Finally, Maverick Capital Ltd. acquired a new position in shares of Ero Copper during the first quarter valued at $806,000. 71.30% of the stock is owned by institutional investors and hedge funds.

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.