Raymond James Boosts Ero Copper (ERO) Price Target to C$12.00
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 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.
Further Reading: What are the benefits of buying treasury bonds?
Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.