Raymond James Has Bearish Outlook for Ero Copper Q1 Earnings

Ero Copper Corp. (TSE:ERO) – Investment analysts at Raymond James decreased their Q1 2025 EPS estimates for Ero Copper in a report issued on Tuesday, February 11th. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.34. Raymond James has a “Outperform” rating and a $28.00 price target on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Raymond James also issued estimates for Ero Copper’s Q3 2025 earnings at $1.06 EPS.

Several other research analysts have also issued reports on ERO. Canaccord Genuity Group decreased their target price on Ero Copper from C$29.00 to C$25.00 and set a “buy” rating for the company in a research report on Wednesday. Scotiabank decreased their price objective on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating for the company in a report on Wednesday. Jefferies Financial Group lowered their price objective on Ero Copper from C$33.00 to C$29.00 in a research report on Tuesday, January 7th. National Bankshares reduced their target price on shares of Ero Copper from C$27.00 to C$23.50 and set a “sector perform” rating on the stock in a research report on Wednesday. Finally, Eight Capital decreased their price target on shares of Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ero Copper has an average rating of “Moderate Buy” and an average target price of C$30.38.

Ero Copper Stock Performance

Shares of ERO opened at C$18.82 on Thursday. The company has a 50-day simple moving average of C$19.86 and a two-hundred day simple moving average of C$24.10. 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 firm has a market capitalization of C$1.94 billion, a PE ratio of -72.38, a price-to-earnings-growth ratio of -0.72 and a beta of 1.98. Ero Copper has a one year low of C$18.16 and a one year high of C$32.89.

Insider Activity at Ero Copper

In other Ero Copper news, Director Chantal Gosselin bought 10,000 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was acquired at an average price of C$19.44 per share, with a total value of C$194,400.00. 10.37% of the stock is currently owned by insiders.

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.