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

Ero Copper (TSE:ERO) had its price objective reduced by Raymond James from C$29.00 to C$28.00 in a research note released on Wednesday,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.

ERO has been the topic of a number of other research reports. Ventum Financial lowered their price objective on Ero Copper from C$31.50 to C$29.00 in a research note on Thursday, November 21st. Scotiabank lowered their price objective on Ero Copper from C$28.50 to C$25.00 and set an “outperform” rating on the stock in a research note on Wednesday. Eight Capital lowered their price objective on Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. TD Securities upgraded Ero Copper from a “hold” rating to a “buy” rating and lowered their price objective for the stock from C$26.00 to C$23.00 in a research note on Wednesday. Finally, National Bankshares lowered their price objective on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating on the stock in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$30.38.

Ero Copper Stock Performance

TSE:ERO opened at C$18.82 on Wednesday. The stock has a market cap of C$1.94 billion, a P/E ratio of -72.38, a PEG ratio of -0.72 and a beta of 1.98. The stock has a 50 day simple moving average of C$19.86 and a 200 day simple moving average of C$24.10. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 82.63. Ero Copper has a 1-year low of C$18.16 and a 1-year high of C$32.89.

Insider Activity

In related news, Director Chantal Gosselin sold 10,000 shares of the firm’s stock in a transaction on Thursday, November 28th. The stock was sold at an average price of C$21.17, for a total transaction of C$211,700.00. Corporate insiders own 10.37% of the company’s stock.

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.