Ero Copper Corp (ERO) Expected to Earn FY2019 Earnings of $1.04 Per Share

Ero Copper Corp (TSE:ERO) – Stock analysts at Cormark decreased their FY2019 earnings per share estimates for Ero Copper in a note issued to investors on Wednesday, Zacks Investment Research reports. Cormark analyst S. Ioannou now expects that the company will earn $1.04 per share for the year, down from their previous estimate of $1.10.

ERO has been the subject of a number of other reports. Raymond James Financial reissued an “outperform” rating and set a C$7.00 price target on shares of Ero Copper in a research report on Monday, November 6th. Scotiabank reissued an “outperform” rating and issued a C$6.25 target price on shares of Ero Copper in a report on Monday, November 6th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$8.00 target price on shares of Ero Copper in a report on Monday, November 6th.

Shares of Ero Copper (TSE ERO) traded down C$0.11 on Thursday, hitting C$7.49. 10,500 shares of the stock were exchanged, compared to its average volume of 261. Ero Copper has a 52-week low of C$39.12 and a 52-week high of C$46.57.

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Ero Copper Company Profile

Ero Copper Corp is a Canada-based metal mining company focused on the production and sale of copper from the Vale do Cura Property in Brazil, with gold and silver produced and sold as byproducts from the Vale do Cura Property. The Company’s principal business activities since incorporation have been the acquisition of an approximately 99.5% direct interest in MCSA and, indirectly through the acquisition of MCSA, the acquisition of the Vale do Cura Property and the Boa Esperana Property, as well as the advancement of the operations of the Vale do Cura Property.

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Earnings History and Estimates for Ero Copper (TSE:ERO)

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