Ero Copper(ERO)

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Ero Copper Corp. (ERO) Q1 Earnings Beat Estimates
ZACKS· 2025-05-05 23:55
Ero Copper Corp. (ERO) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 105.88%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.17, delivering a surprise of -19.05%.Over the last four quarters, the compan ...
Ero Copper Reports First Quarter 2025 Operating and Financial Results
GlobeNewswire· 2025-05-05 21:07
Core Viewpoint - Ero Copper Corp. reported strong operational and financial results for Q1 2025, driven by increased copper production and higher metals prices, with a focus on achieving record copper production in 2025 [1][4][7]. Financial Highlights - Revenues for Q1 2025 were $125.1 million, up from $122.5 million in Q4 2024 and $105.8 million in Q1 2024 [13]. - Net income attributable to owners of the Company was $80.2 million ($0.77 per diluted share), a significant recovery from a net loss of $48.9 million in Q4 2024 [13][14]. - Adjusted EBITDA for the quarter was $63.2 million, compared to $59.1 million in Q4 2024 and $43.3 million in Q1 2024 [13][34]. Operational Highlights - Consolidated copper production reached 12,424 tonnes, with the Tucumã Operation contributing 5,067 tonnes and Caraíba Operations producing 7,357 tonnes [5][11]. - Gold production totaled 6,638 ounces, with average C1 cash costs of $1,100 per ounce and All-in Sustaining Costs (AISC) of $2,228 per ounce [5][12]. - The company achieved a 32% quarter-on-quarter increase in ore tonnes processed at the Tucumã Operation, with more than half of the production occurring in March 2025 [11][15]. Production and Cost Guidance - Ero Copper expects full-year copper production for 2025 to range between 75,000 and 85,000 tonnes, with sequential increases anticipated throughout the year [15][17]. - The company reaffirmed its gold production guidance of 50,000 to 60,000 ounces for the Xavantina Operations, supported by higher processed tonnage and improved gold grades [16][17]. Capital Expenditure Guidance - Capital expenditure guidance for 2025 remains unchanged at $230 to $270 million, excluding capitalized ramp-up costs prior to the declaration of commercial production at the Tucumã Operation [20][21]. Liquidity Position - At the end of Q1 2025, available liquidity was $115.6 million, including $80.6 million in cash and cash equivalents and $35 million of undrawn availability under the senior secured revolving credit facility [5][43].
Ero Copper Corp. (ERO) Exceeds Market Returns: Some Facts to Consider
ZACKS· 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 Alpha· 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
ZACKS· 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
ZACKS· 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
GlobeNewswire· 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
Newsfilter· 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
ZACKS· 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
ZACKS· 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 ...