[ad_1]
Ero Copper Corp. (TSE:ERO – Get Rating) – Research analysts at National Bank Financial increased their FY2022 EPS estimates for shares of Ero Copper in a report issued on Wednesday, January 18th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $1.51 for the year, up from their prior estimate of $1.46. The consensus estimate for Ero Copper’s current full-year earnings is $1.55 per share.
Several other research firms have also weighed in on ERO. CIBC reduced their target price on shares of Ero Copper from C$18.00 to C$17.00 in a report on Monday, December 5th. Scotiabank lifted their target price on shares of Ero Copper from C$18.00 to C$20.00 in a report on Wednesday, November 9th. Barclays lifted their target price on shares of Ero Copper from C$18.00 to C$19.00 in a report on Wednesday, November 9th. Stifel Nicolaus reduced their target price on shares of Ero Copper from C$27.00 to C$25.00 in a report on Wednesday, November 9th. Finally, TD Securities lifted their target price on shares of Ero Copper from C$19.50 to C$22.00 and gave the company a “hold” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Ero Copper presently has a consensus rating of “Hold” and a consensus price target of C$20.83.
Ero Copper Stock Up 1.8 %
ERO stock opened at C$21.57 on Friday. Ero Copper has a one year low of C$10.54 and a one year high of C$21.90. The company has a 50 day moving average price of C$18.26 and a two-hundred day moving average price of C$15.30. The stock has a market capitalization of C$1.97 billion and a P/E ratio of 9.94. The company has a debt-to-equity ratio of 16.78, a quick ratio of 1.43 and a current ratio of 1.70.
Ero Copper (TSE:ERO – Get Rating) last issued its quarterly earnings data on Tuesday, November 1st. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.20). The firm had revenue of C$112.10 million for the quarter, compared to analyst estimates of C$128.97 million.
Ero Copper Company Profile
(Get Rating)
Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver byproducts.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ero Copper, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Ero Copper wasn’t on the list.
While Ero Copper currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
[ad_2]
Source link
