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Ero Copper to Release Fourth Quarter and Full Year 2024 Operating and Financial Results on March 6, 2025
GlobeNewswire News Room· 2025-02-06 12:05
Group 1 - Ero Copper Corp. will release its fourth quarter and full year 2024 operating and financial results on March 6, 2025, after market close [1] - A conference call to discuss the results is scheduled for March 7, 2025, at 11:30 am Eastern Time [2] - Ero Copper is a high-margin, high-growth copper producer with operations primarily in Brazil [3] Group 2 - The company holds a 99.6% interest in Mineração Caraíba S.A., which operates the Caraíba Operations in Bahia State, Brazil [3] - Ero Copper also owns 97.6% of NX Gold S.A., which operates the Xavantina Operations in Mato Grosso State, Brazil [3] - In July 2024, Ero Copper signed an earn-in agreement with Vale Base Metals for a 60% interest in the Furnas Copper-Gold Project in Pará State, Brazil [3]
Ero Copper Corp. (ERO) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-02-06 00:20
Company Performance - Ero Copper Corp. closed at $13.58, down 1.88% from the previous trading session, underperforming the S&P 500 which gained 0.39% [1] - Over the past month, Ero Copper shares have decreased by 1.91%, lagging behind the Basic Materials sector's gain of 7.14% and the S&P 500's gain of 1.7% [1] Upcoming Earnings - Analysts expect Ero Copper to report earnings of $0.47 per share, representing a year-over-year growth of 123.81% [2] - The consensus estimate for revenue is $177 million, which is an increase of 52.05% compared to the prior-year quarter [2] Analyst Estimates - Recent changes to analyst estimates for Ero Copper reflect shifting business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Valuation Metrics - Ero Copper is currently trading at a Forward P/E ratio of 4.78, which is significantly lower than the industry's average Forward P/E of 20.16 [6] - The Mining - Non Ferrous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Ero Copper as 5 (Strong Sell) due to a 15.57% downward shift in the consensus EPS estimate over the past month [5]
ERO Copper: Undervalued Growth Play As Copper Production Set To Double
Seeking Alpha· 2025-02-03 14:05
Group 1 - Copper experienced a volatile year in 2024, ending up 5.5% overall, with a peak price of $5.20 per pound in mid-May before a subsequent decline [1] - The performance of copper miners was mixed, influenced by the fluctuations in copper prices [1] Group 2 - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors [1] - The investment philosophy emphasizes long-term value and disciplined research to uncover opportunities that can deliver strong returns [1]
Why Ero Copper Corp. (ERO) Outpaced the Stock Market Today
ZACKS· 2025-01-31 00:21
Group 1 - Ero Copper Corp. closed at $13.68, with a daily increase of 1.86%, outperforming the S&P 500's gain of 0.53% [1] - Over the last month, Ero Copper's shares decreased by 0.37%, lagging behind the Basic Materials sector's gain of 1.53% and the S&P 500's gain of 1.24% [1] Group 2 - Ero Copper is projected to report earnings of $0.47 per share, reflecting a year-over-year growth of 123.81%, with revenue estimated at $177 million, indicating a 52.05% growth compared to the same quarter last year [2] - Recent revisions to analyst forecasts for Ero Copper are important, as positive revisions indicate analyst optimism about the company's business and profitability [3] Group 3 - The Zacks Rank system, which includes estimate changes, indicates Ero Copper currently holds a Zacks Rank of 5 (Strong Sell), with the consensus EPS estimate moving 15.57% lower over the past month [5] - Ero Copper is trading at a Forward P/E ratio of 4.63, significantly lower than the industry average Forward P/E of 19.75 [6] Group 4 - The Mining - Non Ferrous industry, to which Ero Copper belongs, has a Zacks Industry Rank of 170, placing it in the bottom 33% of over 250 industries [6][7]
Is the Options Market Predicting a Spike in Ero Copper (ERO) Stock?
ZACKS· 2024-11-13 15:10
Investors in Ero Copper Corp. (ERO) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $12.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...
Ero Copper Corp. (ERO) Beats Q3 Earnings Estimates
ZACKS· 2024-11-06 00:21
Ero Copper Corp. (ERO) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.73%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.18, delivering a surprise of 5.88%.Over the last four quarters, the company h ...
Ero Copper Announces Leadership Succession: David Strang to Become Executive Chairman, Makko DeFilippo to be Appointed President & CEO
GlobeNewswire News Room· 2024-11-05 22:10
VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) --  Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce the next phase of its leadership succession plan, effective January 1, 2025. Co-founder and Chairman of the Board, Noel Dunn, will be retiring from the Company's Board of Directors (the "Board"). David Strang, co-founder and current Chief Executive Officer, will assume the role of Executive Chairman, and Makko DeFilippo, President and Chief Operating Officer, ...
Ero Copper(ERO) - 2024 Q3 - Quarterly Report
2024-11-05 22:07
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 Ero Copper Corp. Table of Contents CONSOLIDATED FINANCIAL STATEMENTS Condensed Consolidated Statements of Financial Position 1 Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) 2 Condensed Consolidated Statements of Cash Flow 3 Condensed Consolidated Statements of Changes in Shareholders' Equity 4 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS General Note 1. Nature o ...
Ero Copper Reports Third Quarter 2024 Operating and Financial Results
GlobeNewswire News Room· 2024-11-05 22:05
(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) --  Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2024. Management will host a conference call tomorrow, Wednesday, November 6, 2024, at 11:30 a.m. eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTS ...
Ero Copper Corp. (ERO) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-10-29 23:20
The most recent trading session ended with Ero Copper Corp. (ERO) standing at $19.29, reflecting a -0.21% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a drop of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.78%. The the stock of company has fallen by 13.2% in the past month, lagging the Basic Materials sector's loss of 5.21% and the S&P 500's gain of 1.67%. The upcoming earnings release of Ero Copper Corp ...