Ero Copper Corp saw a decline of 6.3% this week amid market fluctuations.
Ero Copper Corp experienced a weekly drop of 6.34%, closing at C$48.92. The stock price fell by 5.76% in the last day alone. This decline comes despite a year-to-date increase of nearly 23% and a one-month gain of 4.87%. The latest trading volume was 119,594 shares, which is 1.06 times the 20-day average volume of 418,511 shares.
Investor takeaway: The recent price movement reflects market volatility, and investors should monitor upcoming developments.
Advertisement
Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
WealthAwesomeMarket cap
$5.12B
P/E
12.0x
52W high
$56.62
52W low
$27.22
1W change
-6.34%
Beta
1.63
Analyst Price Targets
Based on analyst covering ERO · as of Oct 15, 2026
Wall Street analysts forecast ERO stock price to rise 11.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$54.52
+11.1% Upside
Previously C$54.21 on Oct 13, 2026
Current Price
C$49.06
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERO's historical volatility
30-Day Vol
62.7%
Annualized
90-Day Vol
64.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$58.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$52.07 | C$41.95 – C$64.64 |
| 60 trading days | C$55.26 | C$40.70 – C$75.03 |
| 90 trading days | C$58.65 | C$40.33 – C$85.29 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Ero Copper Corp's Stock Drops 6.34% This Week
With a P/E ratio of 12.02, the stock remains relatively affordable compared to its earnings potential.
Bull case
Ero Copper has a strong profit margin of 29.8% and a return on equity of 30.8%. These solid fundamentals suggest that the company is well-positioned for recovery.
Bear case
Currently, the stock is trading below both its 50-day and 200-day moving averages, which may indicate potential bearish trends.
Stock Performance Overview
Advertisement
Ero Copper Corp's stock price decreased by 6.34% this week, bringing the last closing price to C$48.92. Over the past month, the stock has seen a modest increase of 4.87%, but the weekly decline stands out against a year-to-date gain of 22.99%. The latest trading session recorded a volume of 119,594 shares, which is slightly above the 20-day average volume of 418,511 shares, indicating some investor activity despite the downturn.
Understanding the Numbers
Currently, Ero Copper is trading at a P/E ratio of 12.02, indicating that the stock is relatively affordable based on its earnings potential. The stock's 50-day moving average sits at C$50.15, which is 2.4% above the current price, while the 200-day moving average is at C$42.25, showing a positive trend of 15.8% compared to the current price. The stock is trading within a 52-week range of C$27.22 to C$56.62, positioning it approximately 74% of the way up from its lowest point.
Market Outlook
Looking ahead, investors may want to keep an eye on Ero Copper's fundamentals, as the company boasts a solid profit margin of 29.8% and a return on equity of 30.8%. The average analyst target for the stock is C$54.52, implying a potential upside of 11.4%. With no recent company news, future movements will likely depend on broader market conditions and investor sentiment. Monitoring these factors will be crucial for understanding the stock's trajectory.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
