Ero Copper (TSE:ERO) had its target price cut by Canaccord Genuity from C$17.50 to C$16.50 in a research report sent to investors on Tuesday morning.

Several other research firms have also recently issued reports on ERO. Cormark boosted their target price on shares of Ero Copper from C$11.00 to C$12.75 in a research note on Wednesday, September 26th. Raymond James boosted their target price on shares of Ero Copper from C$14.00 to C$15.00 and gave the company an outperform rating in a research note on Wednesday, December 12th.

ERO opened at C$10.89 on Tuesday. The company has a debt-to-equity ratio of 155.56, a quick ratio of 0.33 and a current ratio of 0.80. Ero Copper has a 1 year low of C$6.87 and a 1 year high of C$12.35.

Ero Copper (TSE:ERO) last posted its earnings results on Thursday, November 8th. The company reported C$0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.07 by C$0.07. The firm had revenue of C$48.32 million during the quarter. On average, sell-side analysts predict that Ero Copper will post 0.750000017840153 EPS for the current 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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