Ero Copper Corp. (NYSE:ERO – Free Report) – Equities research analysts at Ventum Cap Mkts issued their Q1 2025 earnings estimates for shares of Ero Copper in a research report issued to clients and investors 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.
Other research analysts also recently issued research reports about the stock. TD Securities upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group began 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 for the company. Finally, TD Cowen upgraded shares of Ero Copper from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Ero Copper currently has a consensus rating of “Buy” and a consensus price target of $26.33.
Ero Copper Stock Down 1.3 %
ERO opened at $12.78 on Monday. Ero Copper has a twelve month low of $12.59 and a twelve month high of $24.34. The company has a quick ratio of 0.45, a current ratio of 0.68 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average price of $13.71 and a 200 day moving average price of $16.96. The company has a market cap of $1.32 billion, a PE ratio of 75.15 and a beta of 1.14.
Institutional Trading of Ero Copper
A number of hedge funds have recently bought and sold shares of the business. FMR LLC increased its holdings in shares of Ero Copper by 1.8% during the 3rd quarter. FMR LLC now owns 11,869,851 shares of the company’s stock worth $264,262,000 after buying an additional 206,405 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Ero Copper by 3.5% during the 4th quarter. Jennison Associates LLC now owns 5,909,627 shares of the company’s stock worth $79,645,000 after buying an additional 198,800 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Ero Copper by 22.6% during the 4th quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock worth $52,450,000 after buying an additional 715,999 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ero Copper by 5.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,527,158 shares of the company’s stock worth $47,529,000 after buying an additional 176,637 shares during the last quarter. Finally, 683 Capital Management LLC boosted its position in shares of Ero Copper by 20.4% during the 4th quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock worth $33,272,000 after purchasing an additional 418,367 shares during the period. Institutional investors and hedge funds 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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