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ERO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
26.020
Open
25.960
VWAP
25.52
Vol
935.49K
Mkt Cap
2.65B
Low
25.140
Amount
23.88M
EV/EBITDA(TTM)
7.70
Total Shares
104.28M
EV
3.11B
EV/OCF(TTM)
8.82
P/S(TTM)
3.27
Ero Copper Corp. is a copper producer with operations in Brazil. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A. (MCSA), 100% owner of the Company's Caraiba Operations, which are located in the Curaca Valley, Bahia State, Brazil, and the Tucuma Operation, an open pit copper mine located in Para State, Brazil. The Company also owns 97.6% of NX Gold S.A. (NX Gold), which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso State, Brazil. It also has an agreement with Vale Base Metals for a 60% interest in the Furnas Copper-Gold Project, located in the Carajas Mineral Province in Para State, Brazil. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers (km) north-northwest of the capital city of Salvador. The Xavantina Operations are located in southeastern Mato Grosso State, Brazil, approximately 670 km east of the capital city of Cuiaba.
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Events Timeline

(ET)
2026-03-05
17:20:00
Consolidated Copper Production Expected to Increase in H2 2026
select
2026-03-05
17:10:00
Company Reports Q4 Revenue of $320.2M, Record Copper Production
select
2026-02-05 (ET)
2026-02-05
07:50:00
Copper Production Expected to Reach 80,000 to 90,000 Tonnes by 2028
select

News

Newsfilter
9.5
03-05Newsfilter
Ero Copper Reports Record 2025 Financial Results
  • Record Copper Production: In Q4 2025, Ero Copper achieved a record copper production of 19,706 tonnes, totaling 64,307 tonnes for the year, indicating strong market performance and potential for increased market share.
  • Significant Gold Production Growth: The company produced 13,837 ounces of gold in Q4, with a total of 37,291 ounces for the year, at C1 cash costs of $766 and $976 respectively, showcasing enhanced profitability in its gold operations.
  • Substantial Cash Flow Increase: Ero reported an operational cash flow of $395.1 million for 2025, a remarkable 171.7% increase year-on-year, providing robust financial support for future investments and expansion.
  • Improved Debt Leverage: By year-end 2025, the company's net debt leverage ratio improved significantly to 1.2x from 2.6x at the end of 2024, reflecting a solid financial position and sustainable growth capacity.
seekingalpha
9.5
03-05seekingalpha
Ero Copper Reports Significant Q4 Production Increases in Copper and Gold
  • Significant Production Increases: Ero Copper reported Q4 copper production of 19,706 tonnes and gold production of 13,837 ounces, reflecting nearly 60% and over 100% increases compared to Q1, respectively, indicating substantial improvements in production efficiency and enhanced market competitiveness.
  • 2026 Production Guidance: The company expects consolidated copper production to range between 67,500 and 77,500 tonnes in 2026, representing up to a 20% increase compared to 2025, which reflects higher sustained plant throughput and lower planned grades, suggesting strong future profitability potential.
  • Gold Production Outlook: At the Xavantina Operations, gold production is projected to total 40,000 to 50,000 ounces, representing an increase of up to 34% compared to 2025, with C1 cash costs expected between $1,000 and $1,250 per ounce, indicating enhanced profitability.
  • Capital Expenditure Plans: The company anticipates capital expenditures across its operating portfolio to range from $245 million to $280 million, including investments in mine ventilation and development, underscoring its commitment to future growth.
seekingalpha
9.5
03-04seekingalpha
Ero Copper to Announce Q4 Earnings on March 5
  • Earnings Announcement: Ero Copper is set to release its Q4 earnings on March 5, with a consensus EPS estimate of $1.05, reflecting a remarkable year-over-year growth of 517.6%, indicating a significant enhancement in the company's profitability.
  • Strong Revenue Expectations: The anticipated revenue for Q4 is $315.29 million, representing a 157.4% year-over-year increase, showcasing Ero Copper's robust performance in the copper and gold markets and its sales growth potential.
  • Historical Performance Review: Over the past two years, Ero Copper has beaten EPS estimates 75% of the time and revenue estimates 38% of the time, demonstrating the company's stability in financial performance and market confidence.
  • Estimate Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and three downward adjustments, while revenue estimates have had one upward revision with no downward changes, reflecting analysts' optimistic outlook on the company's future performance.
seekingalpha
8.5
02-24seekingalpha
Ero Copper Announces Preliminary Economic Assessment for Furnas Project in Brazil
  • Economic Assessment Release: Ero Copper announced the preliminary economic assessment for the Vale-owned Furnas copper-gold project in Brazil, indicating the potential for a large-scale operation with an initial mine life of 24 years, which could be extended, establishing Furnas as a cornerstone asset in the company's organic growth pipeline.
  • Production Forecast: The Furnas project is projected to average annual production of approximately 108,000 copper equivalent metric tons over the first 15 years, including 70,000 tons of copper, 110,000 ounces of gold, and 532,000 ounces of silver, significantly enhancing the company's competitive position in the market.
  • Capital Investment Estimate: The PEA estimates initial capital requirements for the mine at around $1.3 billion, with an after-tax present value projected at $2 billion, providing robust financial support for the company's health and growth prospects.
  • Collaborative Development Model: The Furnas project is being advanced in partnership with Vale Base Metals, where Ero will earn a 60% interest by funding exploration and engineering work, a strategy that will accelerate project development while mitigating financial risks.
Newsfilter
8.5
02-23Newsfilter
Ero Copper Releases Preliminary Economic Assessment for Furnas Project
  • Economic Potential: The Preliminary Economic Assessment for the Furnas Project indicates an average annual copper equivalent production of approximately 108,000 tonnes over the first 15 years, including 70,000 tonnes of copper, 111,000 ounces of gold, and 532,000 ounces of silver, highlighting the project's strong economic foundation and long-term operational potential.
  • Return on Investment: Based on long-term metal prices, the project's after-tax net present value (NPV) stands at $2.0 billion with a 27% after-tax internal rate of return (IRR), and under higher metal prices, the NPV could exceed $4.7 billion with an IRR of approximately 44%, showcasing its attractiveness to investors.
  • Cost Control Advantage: The project's C1 cash cost is approximately $0.30 per pound of copper produced, supported by significant gold and silver by-product revenues, ensuring competitiveness in volatile metal markets and reducing operational risks.
  • Strategic Partnership Advancement: Ero's partnership with Vale Base Metals allows the company to earn a 60% interest in the project upon completion of work programs, further solidifying Furnas as a cornerstone asset within the company's organic growth pipeline and driving future resource development and value enhancement.
Fool
6.5
02-13Fool
Impala Asset Management Increases Stake in Century Aluminum Company
  • Share Increase: Impala Asset Management disclosed a purchase of 168,805 shares of Century Aluminum in Q4 2026, valued at approximately $5.27 million, indicating strong confidence in the company's market position.
  • Stake Proportion Rise: Following the purchase, Impala's stake in Century Aluminum reached 21.17%, making it the fund's largest single investment, reflecting a bullish outlook on the aluminum sector amidst current market volatility.
  • Strong Financial Performance: Century Aluminum's latest earnings report revealed net sales of $632.2 million and adjusted EBITDA of $101.1 million, significantly up from the previous quarter, showcasing improvements in aluminum pricing and operational leverage.
  • Outstanding Market Performance: As of February 12, 2026, Century Aluminum's stock price stood at $49.70, up 146.5% over the past year, greatly outperforming the S&P 500, highlighting its competitive edge and investment appeal in the industry.
Wall Street analysts forecast ERO stock price to rise
10 Analyst Rating
Wall Street analysts forecast ERO stock price to rise
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
22.32
Averages
25.65
High
30.23
Current: 0.000
sliders
Low
22.32
Averages
25.65
High
30.23
Scotiabank
NULL -> Outperform
maintain
$47 -> $50
AI Analysis
2026-02-26
Reason
Scotiabank
Price Target
$47 -> $50
AI Analysis
2026-02-26
maintain
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on Ero Copper to C$50 from C$47 and keeps an Outperform rating on the shares.
Canaccord
Buy
maintain
$48 -> $52
2026-02-25
Reason
Canaccord
Price Target
$48 -> $52
2026-02-25
maintain
Buy
Reason
Canaccord raised the firm's price target on Ero Copper to C$52 from C$48 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ERO
Unlock Now

Valuation Metrics

The current forward P/E ratio for Ero Copper Corp (ERO.N) is 7.07, compared to its 5-year average forward P/E of 10.24. For a more detailed relative valuation and DCF analysis to assess Ero Copper Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.24
Current PE
7.07
Overvalued PE
14.46
Undervalued PE
6.01

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.48
Current EV/EBITDA
4.64
Overvalued EV/EBITDA
6.94
Undervalued EV/EBITDA
4.02

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.70
Current PS
2.73
Overvalued PS
3.46
Undervalued PS
1.94

Financials

AI Analysis
Annual
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Whales Holding ERO

K
Konwave AG (Gold 2000)
Holding
ERO
-2.08%
3M Return
G
GMT Capital Corp.
Holding
ERO
-4.87%
3M Return
B
Baker Steel Capital Managers LLP
Holding
ERO
-11.45%
3M Return

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Frequently Asked Questions

What is Ero Copper Corp (ERO) stock price today?

The current price of ERO is 25.41 USD — it has increased 2.87

What is Ero Copper Corp (ERO)'s business?

Ero Copper Corp. is a copper producer with operations in Brazil. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A. (MCSA), 100% owner of the Company's Caraiba Operations, which are located in the Curaca Valley, Bahia State, Brazil, and the Tucuma Operation, an open pit copper mine located in Para State, Brazil. The Company also owns 97.6% of NX Gold S.A. (NX Gold), which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso State, Brazil. It also has an agreement with Vale Base Metals for a 60% interest in the Furnas Copper-Gold Project, located in the Carajas Mineral Province in Para State, Brazil. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers (km) north-northwest of the capital city of Salvador. The Xavantina Operations are located in southeastern Mato Grosso State, Brazil, approximately 670 km east of the capital city of Cuiaba.

What is the price predicton of ERO Stock?

Wall Street analysts forecast ERO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERO is25.65 USD with a low forecast of 22.32 USD and a high forecast of 30.23 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ero Copper Corp (ERO)'s revenue for the last quarter?

Ero Copper Corp revenue for the last quarter amounts to 320.15M USD, increased 161.27

What is Ero Copper Corp (ERO)'s earnings per share (EPS) for the last quarter?

Ero Copper Corp. EPS for the last quarter amounts to 0.74 USD, decreased -257.45

How many employees does Ero Copper Corp (ERO). have?

Ero Copper Corp (ERO) has 3690 emplpoyees as of March 26 2026.

What is Ero Copper Corp (ERO) market cap?

Today ERO has the market capitalization of 2.65B USD.