Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Ero Copper (TSE:ERO) Price Target Increased to C$32.00 by Analysts at Jefferies Financial Group
    Precious Metal

    Ero Copper (TSE:ERO) Price Target Increased to C$32.00 by Analysts at Jefferies Financial Group

    July 13, 20243 Mins Read



    Ero Copper Corp. logoEro Copper (TSE:ERO – Free Report) had its price objective increased by Jefferies Financial Group from C$29.00 to C$32.00 in a report published on Friday morning, BayStreet.CA reports.

    Several other equities analysts have also recently issued reports on the company. BMO Capital Markets raised Ero Copper from a market perform rating to an outperform rating and boosted their target price for the company from C$37.00 to C$41.00 in a research note on Wednesday, June 26th. Raymond James boosted their target price on Ero Copper from C$30.00 to C$34.00 in a research note on Thursday, May 23rd. Eight Capital boosted their target price on Ero Copper from C$30.00 to C$40.00 in a research note on Thursday. Canaccord Genuity Group boosted their target price on Ero Copper from C$34.00 to C$36.00 and gave the company a buy rating in a research note on Monday, May 13th. Finally, CIBC upgraded Ero Copper from a neutral rating to an outperform rating and increased their price objective for the stock from C$32.00 to C$36.00 in a report on Thursday, June 20th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Hold and an average target price of C$33.15.

    View Our Latest Stock Report on ERO

    Ero Copper Price Performance

    Shares of Ero Copper stock opened at C$31.18 on Friday. The company has a debt-to-equity ratio of 62.41, a current ratio of 0.82 and a quick ratio of 1.43. The business’s 50 day simple moving average is C$29.52 and its two-hundred day simple moving average is C$25.73. The stock has a market capitalization of C$3.21 billion, a P/E ratio of 35.03, a price-to-earnings-growth ratio of -0.72 and a beta of 2.12. Ero Copper has a one year low of C$15.72 and a one year high of C$32.89.

    Ero Copper (TSE:ERO – Get Free Report) last announced its quarterly earnings results on Tuesday, May 7th. The company reported C$0.22 EPS for the quarter, topping analysts’ consensus estimates of C$0.07 by C$0.15. The business had revenue of C$142.63 million for the quarter, compared to analysts’ expectations of C$141.98 million. Ero Copper had a return on equity of 9.21% and a net margin of 14.23%. Analysts forecast that Ero Copper will post 2.2548878 EPS for the current year.

    Insider Transactions at Ero Copper

    In other news, Director Lyle Braaten sold 10,000 shares of the stock in a transaction on Friday, June 21st. The stock was sold at an average price of C$28.11, for a total value of C$281,053.00. Over the last three months, insiders have sold 16,208 shares of company stock valued at $464,151. Insiders own 10.93% of the company’s stock.

    About Ero Copper

    (Get Free Report)

    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.

    Featured Articles

    Analyst Recommendations for Ero Copper (TSE:ERO)



    Receive News & Ratings for Ero Copper Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ero Copper and related companies with MarketBeat.com’s FREE daily email newsletter.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    How to get the Gold Beanstalk in Grow a Garden

    Precious Metal

    Morocco Strategic Minerals Reports High Copper Values at Tifernine

    Precious Metal

    Electrical pulses boost copper’s efficiency in turning CO2 into ethylene, ethanol fuels

    Precious Metal

    Lindsay Lohan turns heads in silver strapless top as she stuns fans with surprise appearance at Freakier Friday theatre showing in NYC

    Precious Metal

    Silver Hits Record Highs In 2025: Why Investors Are Turning To The ‘Next Gold’ | Savings and Investments News

    Precious Metal

    Mikel Arteta exclusive interview: Arsenal manager on his continued desire to dig for Premier League gold | Football News

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Forget Bitcoin and Ethereum! This New Cryptocurrency At $0.00107, is the Next Dogecoin

    Cryptocurrency

    Binance Coin: The Engine Behind Cryptocurrency Evolution

    Commodities

    Blackouts, electricity restrictions may last up to 2 weeks, former energy minister says

    Editors Picks

    un commando tente de braquer un laboratoire de métal précieux

    May 19, 2025

    Singapore High Court rules that property ‘decoupling’ is illegal if done solely to avoid taxes

    August 1, 2025

    Hotel Property Investments annonce la démission de John White de ses fonctions de directeur général et de PDG -Le 07 février 2025 à 02:29

    February 6, 2025

    221 M€ ! Le Real Madrid vers un mercato record ?

    June 9, 2025
    What's Hot

    Ero Copper Corp. : TD Securities passe à l’achat -Le 12 février 2025 à 14:01

    February 12, 2025

    IRCTC, SAIL to Cummins: Six stocks that declared dividend with Q4 Results

    May 28, 2025

    Agricultural employment declines slightly, recovery expected in 2025

    February 18, 2025
    Our Picks

    O Shaughnessy Asset Management LLC Raises Stock Position in Southern Copper Co. (NYSE:SCCO)

    July 28, 2024

    Malaysia, China to enhance collaboration in palm oil supply chains and focus on market expansion, innovation, says deputy minister

    February 23, 2025

    Innocap accélère son expansion mondiale

    January 22, 2025
    Weekly Top

    How to get the Gold Beanstalk in Grow a Garden

    August 23, 2025

    Metal Gear Solid Delta Should Have Followed Silent Hill 2’s Lead

    August 23, 2025

    Project to construct 1,000 ponds lunched in Thoothukudi to boost groundwater, agricultural production

    August 23, 2025
    Editor's Pick

    For best property investment returns, head north

    February 14, 2025

    Become a landlord? You’re better off putting your money in the bank

    July 27, 2024

    Bitcoin Reach New ATH, Altcoins Soar

    June 16, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.