Ero Copper Corp experiences a modest increase in stock price amid no major company news.
Ero Copper Corp (ERO.TO) saw its stock price rise by 4.19% on Tuesday, closing at C$36.80. This week, the stock has gained 1.03%, though it remains down 16.62% over the past month and 11.48% year-to-date. Despite the recent positive price action, there has been no significant company news driving this change.
Investor takeaway: Investors should consider the recent price movements in the context of the company's overall performance and market conditions, particularly as Ero Copper prepares to release its Q2 2026 results in August.
Advertisement
Get up to $2,000 cash back
Open and fund a new Qtrade account with promo code SPRING26. Offer ends July 31, 2026.
Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
WealthAwesomeMarket cap
$3.53B
P/E
8.5x
52W high
$53.69
52W low
$17.66
1W change
+1.03%
Beta
1.58
Analyst Price Targets
Based on analyst covering ERO
Wall Street analysts forecast ERO stock price to rise 39.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$49.25
+39.5% Upside
Current Price
C$35.31
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERO's historical volatility
30-Day Vol
61.1%
Annualized
90-Day Vol
65.3%
Annualized
Trend (90d)
-22.7%
Annualized drift
90d Mean
C$32.56
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$34.37 | C$27.84 โ C$42.44 |
| 60 trading days | C$33.45 | C$24.83 โ C$45.07 |
| 90 trading days | C$32.56 | C$22.60 โ C$46.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
C$36.80 closing price with a 1D gain of 4.19%
Ero Copper's stock has fluctuated significantly within a 52-week range of C$17.66 to C$53.69, currently positioned at 53% of its range.
Bull case
Ero Copper shows strong fundamentals, boasting a profit margin of 31.6% and a return on equity (ROE) of 32.5%. These figures suggest the company is well-positioned for future growth. The upcoming financial results may shed more light on its operational performance.
Bear case
The stock's recent performance reflects a broader trend of volatility, with a notable decline over the past month. Additionally, the relatively low trading volume compared to the average could indicate a lack of investor interest.
Recent Price Action
Ero Copper Corp's stock closed at C$36.80, marking a 4.19% increase for the day and a 1.03% increase for the week. However, the stock has seen a decline of 16.62% over the past month and is down 11.48% year-to-date.
Company News and Catalysts
Currently, there are no major news releases directly impacting Ero Copper Corp. However, the company has announced plans to publish its Q2 2026 operating and financial results on August 5, 2026. This upcoming report could provide investors with insight into the company's operational performance and strategic direction.
Technical Picture
Ero Copper's stock is currently trading below both its 50-day moving average of C$38.78 and its 200-day moving average of C$37.50, indicating a bearish trend in the short to medium term. The stock is currently at 53% of its 52-week range of C$17.66 to C$53.69. With a beta of 1.58, the stock tends to be more volatile than the broader market. The latest trading volume of 3,573 shares is significantly below the 20-day average volume of 451,581 shares, suggesting reduced investor activity.
Advertisement
