2 weeks Ago By Defense World Staff
Ero Copper Corp. ( TSE:ERO – Get Free Report ) has received a consensus rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat.com reports.
Six investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$33.77.
A number of equities research analysts recently issued reports on the stock. Scotiabank dropped their target price on shares of Ero Copper from C$40.00 to C$36.
00 in a research report on Monday, August 19th. National Bankshares lifted their target price on shares of Ero Copper from C$32.50 to C$33.
00 and gave the company a “sector perform” rating in a research note on Monday, July 15th. Canaccord Genuity Group increased their price target on Ero Copper from C$36.00 to C$39.
00 in a research report on Monday, July 22nd. Eight Capital raised their price target on Ero Copper from C$30.00 to C$40.
00 in a report on Thursday, July 11th. Finally, TD Securities reduced their price objective on Ero Copper from C$31.00 to C$30.
00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. View Our Latest Stock Analysis on Ero Copper Ero Copper Price Performance Ero Copper ( TSE:ERO – Get Free Report ) last released its quarterly earnings data on Thursday, August 1st. The company reported C$0.
25 EPS for the quarter, topping analysts’ consensus estimates of C$0.23 by C$0.02.
The company had revenue of C$160.22 million during the quarter, compared to the consensus estimate of C$154.50 million.
Ero Copper had a negative net margin of 4.79% and a negative return on equity of 3.08%.
As a group, equities analysts expect that Ero Copper will post 4.742681 EPS for the current year. Ero Copper Company Profile ( 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. Further Reading Five stocks we like better than Ero Copper What Are Dividend Contenders? Investing in Dividend Contenders Simon Property REIT: A Safe Bet for Growth and Steady Dividends The Basics of Support and Resistance CarMax’s Impressive Rally: What Investors Should Watch Next Using the MarketBeat Dividend Tax Calculator MarketBeat Week in Review – 9/23 – 9/27 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.
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