Q1 Earnings Forecast for Ero Copper Issued By Raymond James

Ero Copper Corp. (NYSE:ERO) – Equities researchers at Raymond James cut their Q1 2025 EPS estimates for Ero Copper in a research report issued on Tuesday, February 11th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.17 for the quarter, down from their previous forecast of $0.24. 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 Q3 2025 earnings at $0.74 EPS.

Several other research firms also recently weighed in on ERO. TD Cowen upgraded Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday. The Goldman Sachs Group initiated coverage on shares of Ero Copper in a report on Monday, December 2nd. They set a “buy” rating and a $19.00 price objective for the company. Finally, StockNews.com upgraded shares of Ero Copper from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Ero Copper has an average rating of “Buy” and an average price target of $26.33.

Ero Copper Trading Up 1.2 %

Shares of NYSE ERO opened at $13.17 on Thursday. Ero Copper has a fifty-two week low of $12.70 and a fifty-two week high of $24.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 77.47 and a beta of 1.14. The business’s 50 day moving average price is $13.82 and its 200-day moving average price is $17.28.

Institutional Investors Weigh In On Ero Copper

Several institutional investors have recently added to or reduced their stakes in ERO. Exchange Traded Concepts LLC acquired a new stake in Ero Copper in the 3rd quarter worth approximately $38,000. Van ECK Associates Corp raised its holdings in shares of Ero Copper by 3.1% in the third quarter. Van ECK Associates Corp now owns 136,990 shares of the company’s stock worth $3,051,000 after buying an additional 4,097 shares during the last quarter. Intact Investment Management Inc. acquired a new stake in shares of Ero Copper during the third quarter worth $670,000. Sentry Investment Management LLC purchased a new stake in shares of Ero Copper during the third quarter valued at $457,000. Finally, Old West Investment Management LLC increased its position in shares of Ero Copper by 100.0% in the 3rd quarter. Old West Investment Management LLC now owns 160,000 shares of the company’s stock valued at $3,563,000 after acquiring an additional 80,000 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.