Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin Sells 10,000 Shares of Stock

Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin sold 10,000 shares of the stock in a transaction on Thursday, November 28th. The shares were sold at an average price of C$21.17, for a total value of C$211,700.00.

Ero Copper Stock Down 1.2 %

Shares of TSE:ERO opened at C$21.12 on Friday. The firm has a market cap of C$2.18 billion, a P/E ratio of -81.23, a P/E/G ratio of -0.72 and a beta of 1.98. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 82.63. Ero Copper Corp. has a 12-month low of C$16.28 and a 12-month high of C$32.89. The business has a fifty day simple moving average of C$26.11 and a 200 day simple moving average of C$27.54.

Wall Street Analyst Weigh In

ERO has been the subject of a number of research reports. Raymond James upgraded Ero Copper from a “market perform” rating to an “outperform” rating and increased their price target for the company from C$34.00 to C$36.00 in a research note on Tuesday, September 3rd. National Bankshares dropped their price target on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating for the company in a research note on Tuesday, October 15th. Jefferies Financial Group dropped their price target on Ero Copper from C$35.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, October 17th. Canaccord Genuity Group increased their price target on Ero Copper from C$39.00 to C$40.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Scotiabank dropped their price target on Ero Copper from C$37.00 to C$34.00 in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$33.67.

About Ero Copper

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.