Ero Copper (TSE:ERO) Sets New 1-Year High – Time to Buy?

Posted by Alphonse Anthony on Jan 5th, 2026

Ero Copper Corp. (TSE:ERO – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$41.46 and last traded at C$40.50, with a volume of 75704 shares changing hands. The stock had previously closed at C$39.89.

Analyst Ratings Changes

A number of analysts recently issued reports on ERO shares. Jefferies Financial Group lowered Ero Copper from a “buy” rating to a “hold” rating and boosted their price target for the company from C$37.00 to C$40.00 in a report on Monday, December 8th. Scotiabank raised Ero Copper from a “hold” rating to an “outperform” rating and lifted their target price for the company from C$33.00 to C$36.00 in a research report on Thursday, November 6th. Raymond James Financial upped their price objective on shares of Ero Copper from C$33.00 to C$40.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 2nd. TD Securities downgraded shares of Ero Copper from a “buy” rating to a “hold” rating and raised their target price for the company from C$24.00 to C$33.00 in a research report on Tuesday, October 21st. Finally, Freedom Capital upgraded shares of Ero Copper to a “strong-buy” rating in a report on Tuesday, December 30th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$33.90.

Read Our Latest Stock Analysis on ERO

Ero Copper Trading Up 3.6%

The firm has a market capitalization of C$4.29 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of -0.72 and a beta of 1.97. The company has a quick ratio of 1.43, a current ratio of 0.68 and a debt-to-equity ratio of 83.17. The company’s 50-day simple moving average is C$33.49 and its 200 day simple moving average is C$26.66.

Ero Copper (TSE:ERO – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported C$0.27 EPS for the quarter. Ero Copper had a net margin of 3.45% and a return on equity of 2.24%. The firm had revenue of C$246.59 million during the quarter. As a group, sell-side analysts expect that Ero Copper Corp. will post 4.7442244 EPS for the current year.