Ero Copper (TSE:ERO) Reaches New 52-Week High – What’s Next?

Posted by Tristan Rich on Jan 5th, 2026

Ero Copper Corp. (TSE:ERO – Get Free Report)’s share price hit a new 52-week high on Monday . The company 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.

Wall Street Analyst Weigh In

ERO has been the subject of a number of research reports. TD Securities lowered Ero Copper from a “buy” rating to a “hold” rating and increased their price target for the company from C$24.00 to C$33.00 in a research note on Tuesday, October 21st. Raymond James Financial raised their target price on shares of Ero Copper from C$33.00 to C$40.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Scotiabank upgraded shares of Ero Copper from a “hold” rating to an “outperform” rating and increased their price objective for the company from C$33.00 to C$36.00 in a research report on Thursday, November 6th. Jefferies Financial Group cut shares of Ero Copper from a “buy” rating to a “hold” rating and lifted their price objective for the stock from C$37.00 to C$40.00 in a research note on Monday, December 8th. Finally, Ventum Cap Mkts upgraded Ero Copper to a “strong-buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of C$33.90.

Get Our Latest Stock Analysis on ERO

Ero Copper Stock Performance

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 business has a 50 day moving average price of C$33.49 and a 200 day moving average price of C$26.66. The stock has a market cap of C$4.29 billion, a P/E ratio of 31.06, a PEG ratio of -0.72 and a beta of 1.97.

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