Ero Copper Corp. (TSE:ERO – Free Report) – Equities researchers at Raymond James cut their Q1 2024 earnings per share estimates for Ero Copper in a report issued on Monday, April 22nd. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Ero Copper’s current full-year earnings is $2.02 per share. Raymond James also issued estimates for Ero Copper’s Q4 2024 earnings at $1.30 EPS.
Ero Copper (TSE:ERO – Get Free Report) last released its earnings results on Thursday, March 7th. The company reported C$0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.02). The company had revenue of C$158.50 million during the quarter, compared to analyst estimates of C$143.80 million. Ero Copper had a net margin of 21.71% and a return on equity of 13.96%.
Read Our Latest Stock Report on Ero Copper
Ero Copper Trading Down 1.2 %
TSE:ERO opened at C$26.27 on Wednesday. The firm has a market cap of C$2.70 billion, a P/E ratio of 19.75, a PEG ratio of -0.72 and a beta of 2.14. The company has a current ratio of 1.15, a quick ratio of 1.43 and a debt-to-equity ratio of 55.09. The stock’s 50 day simple moving average is C$25.08 and its 200-day simple moving average is C$21.53. Ero Copper has a 12-month low of C$15.72 and a 12-month high of C$32.12.
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.
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