FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Stock analysts at Scotiabank reduced their FY2026 EPS estimates for Ero Copper in a research note issued on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $6.45 per share for the year, down from their prior forecast of $6.80. Scotiabank has a “Sector Outperform” rating and a $55.00 price objective on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets upped their target price on shares of Ero Copper from C$42.00 to C$48.00 in a research note on Wednesday, April 22nd. National Bank Financial raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating and set a C$50.00 price target for the company in a research report on Tuesday, May 5th. Jefferies Financial Group dropped their price target on shares of Ero Copper from C$49.00 to C$42.00 in a research note on Monday. TD upped their price objective on Ero Copper from C$45.00 to C$47.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Finally, The Goldman Sachs Group cut Ero Copper from a “buy” rating to a “hold” rating and set a C$31.00 price objective on the stock. in a research note on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$46.00.

Ero Copper Stock Down 4.4%

Shares of ERO opened at C$33.78 on Thursday. The company’s 50-day simple moving average is C$38.93 and its 200-day simple moving average is C$39.99. The company has a debt-to-equity ratio of 54.96, a quick ratio of 1.43 and a current ratio of 1.30. Ero Copper has a 1 year low of C$17.66 and a 1 year high of C$53.69. The stock has a market capitalization of C$3.52 billion, a PE ratio of 12.06, a P/E/G ratio of -0.72 and a beta of 1.78.

Insider Buying and Selling

In other Ero Copper news, Director Lyle Braaten sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$41.80, for a total value of C$418,000.00. Following the sale, the director directly owned 200,000 shares in the company, valued at C$8,360,000. This trade represents a 4.76% decrease in their ownership of the stock. 10.37% of the stock is owned by company insiders.

About Ero Copper

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.