Ero Copper (TSE:ERO) Given New C$28.00 Price Target at Raymond James

Ero Copper (TSE:ERO) had its target price reduced by Raymond James from C$29.00 to C$28.00 in a report issued on Wednesday morning,BayStreet.CA reports. Raymond James currently has an outperform rating on the stock. Raymond James also issued estimates for Ero Copper’s Q3 2025 earnings at $1.19 EPS.

Other equities analysts have also recently issued research reports about the company. National Bankshares decreased their price objective on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating for the company in a report on Tuesday, October 15th. 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. The Goldman Sachs Group upgraded Ero Copper to a “strong-buy” rating in a report on Monday, December 2nd. Ventum Financial decreased their price objective on Ero Copper from C$31.50 to C$29.00 in a report on Thursday, November 21st. Finally, Jefferies Financial Group decreased their price objective on Ero Copper from C$33.00 to C$29.00 in a report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Ero Copper presently has an average rating of “Moderate Buy” and an average price target of C$30.38.

Ero Copper Stock Performance

ERO opened at C$18.82 on Wednesday. The company has a market capitalization of C$1.94 billion, a price-to-earnings ratio of -72.38, a P/E/G ratio of -0.72 and a beta of 1.98. The business’s 50-day moving average price is C$19.86 and its two-hundred day moving average price is 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. Ero Copper has a 1 year low of C$18.16 and a 1 year high of C$32.89.

Insider Buying and Selling

In other news, Director Chantal Gosselin bought 10,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were bought 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 corporate 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.