Brokers Set Expectations for Ero Copper Corp’s FY2018 Earnings (ERO)
Ero Copper Corp (TSE:ERO) – Investment analysts at Cormark lifted their FY2018 earnings estimates for shares of Ero Copper in a research report issued on Monday, November 12th. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of ($0.18) for the year, up from their previous forecast of ($0.21). Cormark also issued estimates for Ero Copper’s FY2019 earnings at $1.23 EPS.
Ero Copper (TSE:ERO) last released its quarterly earnings data on Thursday, November 8th. The company reported C$0.14 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.07 by C$0.07. The company had revenue of C$48.32 million for the quarter.
TSE:ERO opened at C$9.44 on Wednesday. Ero Copper has a fifty-two week low of C$6.23 and a fifty-two week high of C$12.35. The company has a debt-to-equity ratio of 155.56, a current ratio of 0.80 and a quick ratio of 0.28.
Ero Copper Company Profile
Ero Copper Corp., a base metals mining company, focuses on the production and sale of copper. The company also explores for gold and silver ores. Its principal property is the Vale do Curaçá Property located in the northeastern Bahia State, Brazil. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
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