Ero Copper Corp. (TSE:ERO – Get Rating) – Stock analysts at National Bank Financial issued their Q3 2022 earnings per share estimates for Ero Copper in a research note issued on Wednesday, August 3rd. National Bank Financial analyst S. Nagle expects that the company will post earnings of $0.46 per share for the quarter. The consensus estimate for Ero Copper's current full-year earnings is $2.04 per share. National Bank Financial also issued estimates for Ero Copper's Q4 2022 earnings at $0.56 EPS, FY2022 earnings at $1.83 EPS and FY2024 earnings at $2.51 EPS.

ERO has been the topic of a number of other reports. TD Securities dropped their target price on Ero Copper from C$17.00 to C$16.50 and set a "buy" rating on the stock in a research report on Thursday. BMO Capital Markets decreased their price target on Ero Copper from C$25.00 to C$22.00 in a research note on Wednesday, August 3rd. Stifel Nicolaus decreased their price target on Ero Copper from C$35.00 to C$27.00 in a research note on Tuesday, July 19th. Raymond James decreased their price target on Ero Copper from C$22.00 to C$18.00 and set an "outperform" rating for the company in a research note on Tuesday, July 19th. Finally, Scotiabank decreased their price target on Ero Copper from C$20.00 to C$19.00 in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Ero Copper presently has an average rating of "Moderate Buy" and an average price target of C$21.45.

Ero Copper Stock Up 9.8 %

Ero Copper (TSE:ERO – Get Rating) last announced its earnings results on Monday, May 9th. The company reported C$0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.51 by C($0.05). The firm had revenue of C$137.96 million during the quarter.

Insider Buying and Selling at Ero Copper

In related news, Director John H. Wright bought 6,000 shares of the firm's stock in a transaction on Friday, May 13th. The stock was bought at an average cost of C$13.70 per share, for a total transaction of C$82,200.00. Following the completion of the purchase, the director now directly owns 786,332 shares in the company, valued at approximately C$10,772,748.40.

Ero Copper Company Profile

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Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver byproducts.

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