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

Ero Copper Corp. (TSE:ERO) Director Chantal Gosselin bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were bought at an average price of C$19.44 per share, for a total transaction of C$194,400.00.

Chantal Gosselin also recently made the following trade(s):

• On Thursday, November 28th, Chantal Gosselin sold 10,000 shares of Ero Copper stock. The shares were sold at an average price of C$21.17, for a total transaction of C$211,700.00.

Ero Copper Trading Down 0.9 %

TSE ERO traded down C$0.18 during trading hours on Friday, hitting C$19.25. 310,024 shares of the company’s stock were exchanged, compared to its average volume of 309,415. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 82.63. The firm has a market cap of C$1.99 billion, a price-to-earnings ratio of -74.04, a PEG ratio of -0.72 and a beta of 1.98. The stock has a 50-day simple moving average of C$22.62 and a 200 day simple moving average of C$26.19. Ero Copper Corp. has a 1-year low of C$18.38 and a 1-year high of C$32.89.

Analysts Set New Price Targets

ERO has been the subject of a number of research analyst reports. The Goldman Sachs Group upgraded Ero Copper to a “strong-buy” rating in a report on Monday, December 2nd. TD Securities decreased their price objective on Ero Copper from C$30.00 to C$27.00 and set a “hold” rating on the stock in a report on Thursday, November 7th. Raymond James raised Ero Copper from a “market perform” rating to an “outperform” rating and increased their price target for the stock from C$34.00 to C$36.00 in a research report on Tuesday, September 3rd. Canaccord Genuity Group increased their price target on shares of Ero Copper from C$39.00 to C$40.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Finally, Jefferies Financial Group lowered their price objective on shares of Ero Copper from C$35.00 to C$34.00 and set a “buy” rating for the company in a research report on Thursday, October 17th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Ero Copper presently has an average rating of “Moderate Buy” and a consensus price target of C$33.33.

About Ero Copper

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.