Ero Copper (TSE:ERO) had its price objective raised by Raymond James from C$11.50 to C$12.00 in a research report released on Monday morning. The brokerage currently has an outperform rating on the stock.

Several other analysts have also recently issued reports on ERO. Cormark upped their price objective on Ero Copper from C$11.00 to C$12.75 in a report on Wednesday, September 26th. Canaccord Genuity decreased their price objective on Ero Copper from C$12.50 to C$11.50 in a report on Monday, September 10th.

Shares of ERO opened at C$9.44 on Monday. Ero Copper has a 1 year low of C$6.23 and a 1 year high of C$12.35. The company has a current ratio of 0.80, a quick ratio of 0.28 and a debt-to-equity ratio of 155.56.

Ero Copper (TSE:ERO) last issued its quarterly earnings data on Thursday, November 8th. The company reported C$0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.07 by C$0.07. The firm had revenue of C$48.32 million for the quarter. As a group, sell-side analysts expect that Ero Copper will post 0.759999977902389 earnings per share for the current fiscal year.

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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