Ero Copper Corp. (NYSE:ERO – Free Report) – Investment analysts at Raymond James cut their Q2 2025 EPS estimates for shares of Ero Copper in a report issued on Tuesday, February 11th. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.38 per share for the quarter, down from their previous estimate of $0.53. The consensus estimate for Ero Copper’s current full-year earnings is $0.91 per share. Raymond James also issued estimates for Ero Copper’s Q4 2025 earnings at $0.87 EPS and FY2025 earnings at $2.16 EPS.
Other equities research analysts have also recently issued reports about the stock. The Goldman Sachs Group initiated coverage on shares of Ero Copper in a research report on Monday, December 2nd. They set a “buy” rating and a $19.00 price target on the stock. TD Cowen raised Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday. TD Securities raised Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, StockNews.com upgraded Ero Copper from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $26.33.
Ero Copper Stock Performance
Shares of ERO stock opened at $14.16 on Friday. Ero Copper has a 12 month low of $12.70 and a 12 month high of $24.34. The company’s fifty day simple moving average is $13.78 and its 200-day simple moving average is $17.25. The firm has a market cap of $1.47 billion, a PE ratio of 83.29 and a beta of 1.14. The company has a quick ratio of 0.45, a current ratio of 0.68 and a debt-to-equity ratio of 0.71.
Hedge Funds Weigh In On Ero Copper
Hedge funds and other institutional investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC acquired a new stake in shares of Ero Copper in the third quarter valued at approximately $38,000. Van ECK Associates Corp lifted its holdings in Ero Copper by 3.1% during the 3rd quarter. Van ECK Associates Corp now owns 136,990 shares of the company’s stock valued at $3,051,000 after purchasing an additional 4,097 shares during the last quarter. Intact Investment Management Inc. bought a new position in Ero Copper during the third quarter worth $670,000. Sentry Investment Management LLC acquired a new position in shares of Ero Copper in the third quarter valued at $457,000. Finally, Old West Investment Management LLC raised its position in shares of Ero Copper by 100.0% in the third quarter. Old West Investment Management LLC now owns 160,000 shares of the company’s stock valued at $3,563,000 after purchasing an additional 80,000 shares during the period. Institutional investors own 71.30% of the company’s stock.
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.
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