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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (60843)	6/22/2019 8:34:39 AM
From: Goose94	Read Replies (1) \| Respond to of 203362

Ero Copper (ERO-T) high-grade copper new 52 week high, $21.88

To: Goose94 who wrote (60843)	7/16/2019 9:08:53 AM
From: Goose94	Read Replies (2) \| Respond to of 203362

Ero Copper (ERO-T) Canadian Imperial Bank of Commerce (CIBC) analyst Raphael de Souza raised his price target on Ero Copper ($24.51) to $25 from $17 based on a revised copper grade profile for its Vermelhos mine in Brazil after recent exploration results. Mr. de Souza continues to rate the shares "neutral." Analysts on average target the shares at $19.38. Mr. de Souza says in a note: "We acknowledge that ERO's stock appreciation has beaten our expectations since our initiation of coverage in April, 2019, but we continue to believe that valuation risk is well balanced with potential future share appreciation. We highlight that better-than-expected new technical reports for the Curaca Valley property and NX Gold (expected for Q4/19), as well as further exploration success, are the key near/mid-term positive catalysts for the stock. ... We expect ERO to report earnings per share and earnings before interest, tax, depreciation and amortization (EBITDA) of $0.20 per share and about $36.1-million, respectively, largely in line with consensus of $0.21 and about $37-million, for the quarter."