Ero Copper(ERO)

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Ero Copper Corp. (ERO) Exceeds Market Returns: Some Facts to Consider
ZACKSยท 2025-05-01 23:20
Ero Copper Corp. (ERO) closed at $12.55 in the latest trading session, marking a +0.64% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.63% for the day. Elsewhere, the Dow saw an upswing of 0.21%, while the tech-heavy Nasdaq appreciated by 1.52%.The company's shares have seen of 0% over the last month, surpassing the Basic Materials sector's loss of 1.03% and the S&P 500's loss of 0.7%.Analysts and investors alike will be keeping a close eye on the performance of Ero Co ...
Ero Copper: 2025 Could Be A Record Year For Profitability
Seeking Alphaยท 2025-04-27 10:59
Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Group 1 - The author possesses a Master's degree in Business Economics, providing a strong managerial and economic foundation [1]. - The coverage includes all sectors and different types of stocks, indicating a comprehensive approach to investment analysis [1].
Ero Copper Corp. (ERO) Stock Drops Despite Market Gains: Important Facts to Note
ZACKSยท 2025-04-25 23:21
Group 1 - Ero Copper Corp. ended the recent trading session at $12.62, showing a -0.32% change from the previous day's closing price, which is less than the S&P 500's daily gain of 0.74% [1] - Over the past month, shares of Ero Copper Corp. have decreased by 3.14%, which is a larger decline compared to the Basic Materials sector's loss of 2.61% and the S&P 500's loss of 4.77% [1] Group 2 - The upcoming earnings report for Ero Copper Corp. is scheduled for May 5, 2025, with projected EPS of $0.19, indicating an 18.75% increase year-over-year, and anticipated revenue of $158 million, reflecting a 49.34% increase from the same quarter last year [2] - For the full year, analysts expect earnings of $2 per share and revenue of $841.98 million, representing increases of +156.41% and +79.07% respectively from the previous year [3] Group 3 - Recent changes to analyst estimates for Ero Copper Corp. are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - Empirical research shows a direct correlation between estimate revisions and stock price performance, leading to the development of the Zacks Rank system, which incorporates these changes [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong historical performance, with 1 ranked stocks yielding an average annual return of +25% since 1988; Ero Copper Corp. currently holds a Zacks Rank of 3 (Hold) [6] - Ero Copper Corp. is trading at a Forward P/E ratio of 6.34, which is significantly lower than the industry's average Forward P/E of 21.41, indicating a valuation discount [7] Group 5 - The Mining - Non Ferrous industry, to which Ero Copper Corp. belongs, is part of the Basic Materials sector and has a Zacks Industry Rank of 58, placing it in the top 24% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]
Ero Copper Extends Deal With Royal Gold to Boost Growth at Xavantina
ZACKSยท 2025-04-02 16:15
Ero Copper Corp (ERO) announced that it extended its precious metal purchase agreement related to the Xavantina operations with Royal Gold, Inc.'s (RGLD) wholly-owned subsidiary, RGLD Gold AG.Details of ERO-RGLD DealERO Copper will receive an additional $50 million in upfront proceeds from Royal Gold under the terms of the agreement. Including this, Royal Gold provided $160 million under the Xavantina streaming agreements from 2021.As part of the streaming agreement, Royal Gold will continue to purchase 25% ...
Ero Copper to Release First Quarter 2025 Operating and Financial Results on May 5, 2025
Globenewswireยท 2025-04-01 21:05
VANCOUVER, British Columbia, April 01, 2025 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) (the "Company") will publish its first quarter 2025 operating and financial results on Monday, May 5, 2025, after market close. The Company will host a conference call to discuss the results on Tuesday, May 6, 2025 at 11:30am Eastern time (8:30am Pacific time). A results presentation will be available for download via the webcast link and in the Presentations section of the Company's website on the day of ...
Ero Copper Extends Precious Metals Purchase Arrangements with Royal Gold by US$50 million at the Xavantina Operations

Newsfilterยท 2025-03-31 10:00
(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX:ERO, NYSE:ERO) ("Ero" or the "Company") is pleased to announce that, in return for upfront proceeds of $50 million, it has extended the June 2021 Precious Metals Purchase Agreement (the "Original Xavantina Stream") with RGLD Gold AG, a wholly owned subsidiary of Royal Gold Inc. (collectively, "Royal Gold"), under an additional precious metals purchase agreement in relatio ...

Ero Copper Corp. (ERO) Outperforms Broader Market: What You Need to Know
ZACKSยท 2025-03-19 23:20
The latest trading session saw Ero Copper Corp. (ERO) ending at $13.91, denoting a +1.46% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1.08%. At the same time, the Dow added 0.92%, and the tech-heavy Nasdaq gained 1.41%.Heading into today, shares of the company had lost 4.39% over the past month, lagging the Basic Materials sector's loss of 1.64% and outpacing the S&P 500's loss of 8.26% in that time.Analysts and investors alike will be keeping a ...
Why the Market Dipped But Ero Copper Corp. (ERO) Gained Today
ZACKSยท 2025-03-13 23:20
Ero Copper Corp. (ERO) closed at $12.44 in the latest trading session, marking a +0.08% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.91%. Meanwhile, the Dow experienced a drop of 1.5%, and the technology-dominated Nasdaq saw a decrease of 1.96%.Prior to today's trading, shares of the company had lost 5.62% over the past month. This has lagged the Basic Materials sector's loss of 3.32% and was narrower than the S&P 500's loss of 7.38% in that time.The investment com ...
Wall Street Bulls Look Optimistic About Ero Copper (ERO): Should You Buy?
ZACKSยท 2025-03-13 14:35
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Ero Copper Corp. (ERO) .Ero Copper currently has an average brokerage recommendation (ABR) of 1 ...
Ero Copper(ERO) - 2024 Q4 - Earnings Call Transcript
2025-03-07 19:59
Financial Data and Key Metrics Changes - Ero Copper reported record copper production in Q4 2024, contributing to cash flow from operations of $60.8 million for the quarter and $145.4 million for the full year [24] - Adjusted EBITDA for Q4 and the full year were $59.1 million and $216.2 million, respectively [24] - Adjusted net income attributable to owners was $17.4 million in Q4 or $0.17 per diluted share, and $80.4 million for the full year or $0.78 per diluted share [26] Business Line Data and Key Metrics Changes - The company achieved commercial production at Tucuma, with production expected to increase in Q2 following improvements in plant reliability and throughput volumes [15][14] - At Caraiba, production is expected to be soft in Q1 due to ongoing development work, with benefits anticipated to emerge over the next several quarters [15][16] - Xavantina is transitioning to a fully mechanized operation, which is expected to impact productivity and costs in the short term [17] Market Data and Key Metrics Changes - The company experienced increased foreign exchange volatility, particularly with the Brazilian real, leading to realized losses of $5.9 million for Q4 and $8.2 million for the year on foreign exchange hedges [25][26] - The total notional foreign exchange derivative position stood at $390 million, with a weighted average floor and ceiling of BRL5.43 and BRL6.49 per dollar, respectively [26] Company Strategy and Development Direction - The company's near-term strategy includes achieving commercial production at Tucuma, deleveraging the balance sheet, advancing long-term growth initiatives, and initiating returns to shareholders [8][21] - The partnership on the Furnas project is a key long-term growth initiative, with significant drilling and technical work planned [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges at Tucuma, including power outages and material flow constraints, but expressed confidence in the ramp-up and production cadence [12][15] - The company remains focused on deleveraging its balance sheet, targeting a normalized net debt leverage ratio of 1.5 times [20] Other Important Information - The liquidity position remains strong at approximately $90 million at year-end, with pro forma available liquidity at $140.4 million after recent credit facility amendments [27] - The company plans to pursue shareholder returns more proactively once meaningful progress is made on deleveraging [21] Q&A Session Summary Question: Are you still experiencing intermittent power outages at Tucuma? - Management confirmed that while some oscillations in power quality remain, improvements have significantly reduced the frequency of power trips [34][36] Question: What is driving the large C1 increase this year? - The increase is attributed to foreign exchange rates, deeper mining contributions, and lower grades across the portfolio [51][56] Question: Can you explain the off-site power solution at Tucuma? - The off-site solution involves capacitors or batteries to stabilize power quality, with no immediate need for on-site generators [63][66] Question: What steps are being taken to ensure contractor performance at Caraiba? - The company is closely monitoring development sufficiency and expects to maintain and increase development rates with the second contractor [88][90] Question: What form will shareholder returns take? - Discussions are ongoing, but the focus remains on achieving commercial production and deleveraging before finalizing return strategies [102]