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 business’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 Stock Down 1.3 %

TSE:ERO traded down C$0.27 during trading hours on Thursday, reaching C$21.11. 24,238 shares of the stock were exchanged, compared to its average volume of 300,244. The stock has a market cap of C$2.18 billion, a PE ratio of -82.23, a PEG ratio of -0.72 and a beta of 1.98. 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 twelve month low of C$16.28 and a twelve month high of C$32.89. The firm has a 50 day moving average of C$26.27 and a 200 day moving average of C$27.60.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ERO shares. National Bankshares cut their price target on Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating for the company in a report on Tuesday, October 15th. Ventum Financial cut their price target on Ero Copper from C$31.50 to C$29.00 in a report on Thursday, November 21st. Canaccord Genuity Group lifted their price target on Ero Copper from C$39.00 to C$40.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Jefferies Financial Group cut their price target on Ero Copper from C$35.00 to C$34.00 and set a “buy” rating for the company in a report on Thursday, October 17th. Finally, TD Securities cut their price target on Ero Copper from C$30.00 to C$27.00 and set a “hold” rating for the company in a report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$33.67.

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.