Chantal Gosselin Sells 10,000 Shares of Ero Copper Corp. (TSE:ERO) Stock

Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin sold 10,000 shares of the company’s stock in a transaction on Thursday, November 28th. The shares were sold at an average price of C$21.17, for a total transaction of C$211,700.00.

Ero Copper Trading Up 1.3 %

TSE:ERO opened at C$21.39 on Friday. The company has a debt-to-equity ratio of 82.63, a current ratio of 0.68 and a quick ratio of 1.43. Ero Copper Corp. has a one year low of C$16.28 and a one year high of C$32.89. The company has a market cap of C$2.21 billion, a PE ratio of -82.27, a PEG ratio of -0.72 and a beta of 1.98. The firm has a 50-day moving average of C$25.97 and a 200-day moving average of C$27.49.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Eight Capital dropped their price objective on Ero Copper from C$40.00 to C$34.00 in a research note on Wednesday, November 6th. National Bankshares cut their price target on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th. TD Securities lowered their price objective on shares of Ero Copper from C$30.00 to C$27.00 and set a “hold” rating for the company in a research note on Thursday, November 7th. Jefferies Financial Group cut their target price on shares of Ero Copper from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. Finally, Raymond James raised shares of Ero Copper from a “market perform” rating to an “outperform” rating and lifted their price target for the company from C$34.00 to C$36.00 in a research note on Tuesday, September 3rd. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$33.67.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.