Ero Copper Corp's stock is gaining momentum, reflecting investor confidence in its growth potential.
In the latest trading session, Ero Copper Corp (ERO.TO) saw its stock price increase by 2.20%, closing at CA$36.24. This rise comes amid positive sentiment surrounding the company's future earnings potential, especially as it continues to attract attention for its attractive valuation metrics.
Investor takeaway: Investors are responding positively to Ero Copper Corp's robust growth forecasts, particularly its impressive expected earnings growth rate of 93.9% for 2026.
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Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
WealthAwesomeMarket cap
$3.70B
P/E
8.9x
52W high
$53.69
52W low
$17.66
1W change
-4.16%
Beta
1.58
Analyst Price Targets
Based on analyst covering ERO
Wall Street analysts forecast ERO stock price to rise 38.2% over the next 12 months.
Consensus
No RatingAvg. Target
C$49.00
+38.2% Upside
Current Price
C$35.46
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
79.7%
Annualized
90-Day Vol
66.5%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$29.66
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$33.41 | C$25.38 โ C$43.99 |
| 60 trading days | C$31.48 | C$21.34 โ C$46.45 |
| 90 trading days | C$29.66 | C$18.42 โ C$47.76 |
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.
Ero Copper Corp's stock up 2.20% in one day
The company's market cap stands at CA$3.70 billion, reflecting its growing presence in the copper mining sector.
Bull case
Ero Copper Corp is set for significant growth. With a strong expected earnings growth rate and favorable EV-to-EBITDA ratios, it presents a compelling investment opportunity.
Bear case
Despite the positive momentum, potential investors should be cautious. The mining sector can be volatile, and commodity prices can fluctuate, posing risks that need to be considered.
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