National Bank Financial Analysts Increase Earnings Estimates for Ero Copper Corp. (NYSE:ERO)

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Ero Copper Corp. (NYSE:ERO – Get Rating) – Expense analysts at Countrywide Financial institution Economical greater their FY2022 earnings for every share (EPS) estimates for Ero Copper in a report introduced on Wednesday, January 18th. Countrywide Bank Money analyst S. Nagle now anticipates that the firm will generate $1.13 for each share for the yr, up from their former forecast of $1.08. The consensus estimate for Ero Copper’s latest full-12 months earnings is $.92 for every share. Nationwide Bank Financial also issued estimates for Ero Copper’s FY2025 earnings at $2.86 EPS.

A amount of other equities analysts also recently commented on ERO. Barclays downgraded shares of Ero Copper to an “equal bodyweight” rating in a investigate note on Monday, Oct 17th. StockNews.com started off coverage on shares of Ero Copper in a report on Wednesday, Oct 12th. They issued a “hold” ranking on the stock.

Ero Copper Buying and selling Up 2.2 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Shares of ERO opened at $16.04 on Friday. Ero Copper has a 12 month very low of $8.07 and a 12 month high of $16.72. The business has a fifty day very simple shifting typical of $13.53 and a 200 working day simple transferring regular of $11.44. The inventory has a marketplace capitalization of $1.48 billion, a price tag-to-earnings ratio of 10.55 and a beta of .81.

Ero Copper (NYSE:ERO – Get Ranking) previous issued its quarterly earnings success on Tuesday, November 1st. The firm noted $.04 earnings for every share for the quarter, lacking the consensus estimate of $.23 by ($.19). The firm had income of $85.91 million for the quarter, in contrast to the consensus estimate of $93.50 million.

Institutional Traders Weigh In On Ero Copper

A hedge fund not long ago acquired a new stake in Ero Copper stock. Integrated Investment decision Consultants LLC bought a new stake in Ero Copper Corp. (NYSE:ERO – Get Rating) in the 3rd quarter, in accordance to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,793 shares of the company’s stock, valued at roughly $130,000. Hedge cash and other institutional traders have 47.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Ero Copper Enterprise Profile

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Ero Copper Corp. engages in the exploration, advancement, and mining of mineral homes in Brazil. It also provides and sells copper, gold, silver merchandise. The organization was launched on Might 16, 2016 and is headquartered in Vancouver, Canada.

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