Ero Copper(ERO)
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Why Ero Copper (ERO) Might Surprise This Earnings Season
Zacks Investment Research· 2024-03-06 15:16
Investors are always looking for stocks that are poised to beat at earnings season and Ero Copper Corp. (ERO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ero Copper is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good in ...
Ero Copper Corp. (ERO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Zacks Investment Research· 2024-02-29 16:01
Ero Copper Corp. (ERO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March ...
Ero Copper to Release Fourth Quarter and Full Year 2023 Operating and Financial Results on March 7, 2024
Newsfilter· 2024-02-05 12:00
VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX:ERO, NYSE:ERO) (the "Company") will publish its fourth quarter and full year 2023 operating and financial results on Thursday, March 7, 2024 after market close. The Company will host a conference call to discuss the results on Friday, March 8, 2024 at 11:30am Eastern time (8:30am Pacific time). CONFERENCE CALL DETAILS Date:Friday, March 8, 2024Time:11:30am Eastern Time (8:30am Pacific Time)Dial In:North America: 1-800-319-4 ...
Ero Copper(ERO) - 2023 Q1 - Earnings Call Transcript
2023-05-12 15:30
Ero Copper Corp. (NYSE:ERO) Q1 2023 Earnings Conference Call May 9, 2023 11:30 AM ET Company Participants Courtney Lynn – VP, Corporate Development & IR David Strang – CEO Makko DeFilippo – President and COO Wayne Drier – CFO Conference Call Participants Gordon Lawson - Paradigm Capital Stefan Ioannou - Cormark Securities Orest Wowkodaw - Scotiabank Unidentified Analyst - William Blair Operator Thank you for standing by. This is the conference Operator. Welcome to the Ero Copper First Quarter 2023 Financial ...
Ero Copper(ERO) - 2023 Q1 - Quarterly Report
2023-04-11 10:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Registrant) SIGNATURES Commission File Number: 001-40459 Ero Copper Corp. (Translation of registrant's name into English) 625 Howe Street, Suite 1050 Vancouver, British Columbia V6C 2T6 (Address of principal executive office) Date: April 11, 2023 /s/ Deepk Hundal Deepk Hundal SVP, General Counsel & Corporate Secretary F ...
Ero Copper(ERO) - 2022 Q4 - Annual Report
2023-03-15 17:56
NOTICE OF 2023 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS MANAGEMENT INFORMATION CIRCULAR MARCH 7, 2023 These materials are important and require your immediate attention. They require the shareholders of Ero Copper Corp. to make important decisions. If you are in doubt as to how to make such decisions, please contact your financial, legal or other professional advisors. MESSAGE FROM THE CHIEF EXECUTIVE OFFICER Dear fellow Shareholders, On behalf of Ero Copper's Board of Directors and Management, I ...
Ero Copper(ERO) - 2022 Q4 - Earnings Call Transcript
2023-03-08 19:47
Ero Copper Corp. (NYSE:ERO) Q4 2022 Earnings Conference Call March 8, 2023 11:30 AM ET Company Participants Courtney Lynn - VP, Corporate Development and Investor Relations David Strang - Chief Executive Officer Wayne Drier - Chief Financial Officer Makko DeFilippo - President Conference Call Participants Orest Wowkodaw - Scotiabank Gordon Lawson - Paradigm Capital Operator Thank you for standing by. This is the conference operator. Welcome to the Ero Copper Fourth Quarter and Full Year 2022 Financial and O ...
Ero Copper(ERO) - 2022 Q2 - Earnings Call Presentation
2022-08-06 07:30
Investor Presentation July 2022 | TSX:ERO | NYSE:ERO MEF R O P E P Cautionary Statements | Business Overview ERO COPPER | 2 Caution Regarding Forward Looking Information and Statements This presentation contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements include st ...
Ero Copper(ERO) - 2022 Q1 - Earnings Call Transcript
2022-05-14 20:49
Financial Data and Key Metrics Changes - The first quarter revenues were $108.9 million, a decrease of $26 million or approximately 19% compared to the fourth quarter of 2021, primarily due to lower copper production and concentrate sales at MCSA [23] - The company reported record quarter-end available liquidity of $540.5 million, including approximately $365 million in cash and cash equivalents, $100 million in short-term investments, and $75 million in undrawn availability under the senior secured credit facility [22] - Operating cash flows were approximately $44 million in the first quarter, supported by record high copper and gold prices despite the challenges faced [24] Business Line Data and Key Metrics Changes - Copper production at the MCSA Mining Complex was approximately 9,700 tonnes, while gold production at the NX Gold Mine was 8,800 ounces during the first quarter [11] - The company expects to achieve a high-end production range of 43,000 to 46,000 tonnes of copper for the full year, with production roughly equally weighted between the first and second halves of the year [13] - Gold production guidance for 2022 remains at 39,000 to 42,000 ounces, with higher production anticipated in the latter part of the year due to planned mine sequencing [14] Market Data and Key Metrics Changes - The Brazilian real strengthened from approximately 5.65 to 4.75 per U.S. dollar by the end of the first quarter, impacting unit operating costs [25] - The company faced inflationary pressures affecting all industries, which influenced cash costs at both MCSA and NX Gold [15] Company Strategy and Development Direction - The company plans to increase annual copper production to approximately 100,000 tonnes and gold production to approximately 60,000 ounces over the next few years [5] - The Boa Esperança project construction was formally approved, with site clearing having commenced recently [7][18] - A company-wide rebranding initiative was launched to align cultural and identity aspects throughout the company [20] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the macroeconomic environment, highlighting the ongoing demand for copper driven by global decarbonization initiatives [9] - The company is focused on advancing its growth strategy and expects several strong quarters ahead [27] Other Important Information - The company successfully issued $400 million in senior unsecured notes with an eight-year maturity and a 6.5% coupon [6] - The first quarter C1 cash costs at MCSA were $1.31 per pound of copper produced, while NX Gold Mine's C1 cash costs and all-in sustaining costs were $638 and $1,092 per ounce, respectively [15] Q&A Session Summary Question: Progress on Honeypot initiative - Management indicated that the Honeypot initiative has uncovered significant opportunities, but a clearer direction will be available in the next six months, with a new technical report expected by the end of the year [29][30] Question: Tendering status for Boa project - The majority of the budget for the Boa project has gone out to tender, with 60% to 70% of the project either agreed or out to tender [32][33] Question: Inclusion of Pilar 3.0 in the tender - Management confirmed that the Pilar 3.0 expansion is included in the tendering process, with contracts for major lead items already signed [34][35]
Ero Copper(ERO) - 2022 Q1 - Quarterly Report
2022-05-08 16:00
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2022 AND 2021 Ero Copper Corp. Table of Contents | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------| | CONSOLIDATED FINANCIAL STATEMENTS \nCondensed ...