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Ero Copper Corp. (TSE: ERO) Market Update

  • CIBC adjusted its rating for Ero Copper Corp. (TSE: ERO) to Neutral and raised the price target from C$37 to C$42.
  • Ero Copper reached a new 52-week high, with shares trading as high as C$34.50.
  • The stock is currently trading on the NYSE at $25.31, reflecting a 0.72% increase.

Ero Copper Corp. (TSE: ERO) is a mining company focused on copper production, primarily operating in Brazil. The company is known for its efficient mining operations and has been gaining attention in the market. Ero Copper competes with other mining companies like Lundin Mining and Hudbay Minerals, striving to maintain a strong position in the copper industry.

On December 5, 2025, CIBC adjusted its rating for ERO to Neutral, maintaining a hold action. At that time, the stock price was $25.35. CIBC also raised the price target for Ero Copper from C$37 to C$42, indicating a positive outlook for the company's future performance. This adjustment reflects the company's potential for growth in the coming months.

Ero Copper has recently reached a new 52-week high, with shares trading as high as C$34.50 and closing at C$34.36. This is a significant increase from its previous close of C$33.97. The stock's performance has been supported by recent analyst activity, including Scotiabank's upgrade from a "hold" to an "outperform" rating, raising their price target from C$33.00 to C$36.00.

National Bankshares also increased their price objective from C$27.00 to C$35.00, assigning a "sector perform" rating. However, Desjardins lowered their target price from C$25.00 to C$23.00, maintaining a "hold" rating. CIBC World Markets downgraded the stock from a "strong-buy" to a "hold." Despite these mixed opinions, Ero Copper's stock continues to perform well.

Currently, ERO is trading on the NYSE at $25.31, with a price change of $0.18, reflecting a 0.72% increase. The stock has fluctuated between a low of $25.21 and a high of $25.93 today. Over the past year, ERO has reached a high of $26.77 and a low of $9.30. The company's market capitalization is approximately $2.62 billion, with a trading volume of 515,930 shares.