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Ero Copper Corp. (ERO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2026-02-26 16:01
The market expects Ero Copper Corp. (ERO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...
CDE vs. ERO: Which Mining Stock is the Better Buy Now?
ZACKS· 2026-02-26 15:35
Core Viewpoint - Coeur Mining, Inc. (CDE) and Ero Copper Corp. (ERO) are benefiting from a favorable macro environment characterized by high gold prices driven by safe-haven demand, central bank purchases, and strong investment inflows, enhancing pricing and cash flow visibility [1]. Coeur Mining (CDE) - CDE produced approximately 112,429 ounces of gold and 4.7 million ounces of silver in Q4 2025, an increase from 87,149 ounces and 3.2 million ounces in the same quarter the previous year, indicating improved operational execution [3]. - Key mines such as Las Chispas, Palmarejo, Rochester, Kensington, and Wharf contributed significantly to production, with Las Chispas delivering 14,719 ounces of gold and 1.4 million ounces of silver, and Rochester contributing nearly 17,000 ounces of gold and 1.7 million ounces of silver [4][5]. - CDE's cash and cash equivalents reached $554 million at the end of December 2025, up by $55 million year-over-year, while total debt decreased to approximately $341 million from $590 million [7]. - The company is expected to enhance revenue visibility and support margin expansion due to higher output amid favorable metal prices [7]. Ero Copper (ERO) - ERO achieved record consolidated copper production of 19,706 tons in Q4 2025, a significant increase from 12,883 tons in Q4 2024, driven by improved mill throughput and operational stability [8]. - Gold production totaled 28,836 ounces, reflecting a strong year-over-year increase due to enhanced by-product output and processing performance [9]. - ERO's cash and cash equivalents were $66 million at the end of September 2025, with long-term debt at $571 million [13]. - The company is advancing key expansion projects, including the Furnas copper-gold project, which outlines a 24-year initial mine life with an average annual production of approximately 108,000 tons of copper equivalent over the first 15 years [12]. Price Performance & Valuation - CDE stock has surged 389.8% over the past year, while ERO has increased by 186.4% [17]. - CDE is trading at a forward 12-month earnings multiple of 12.17X, compared to ERO's 7.92X [18]. - The Zacks Consensus Estimate for CDE's 2026 sales implies a year-over-year growth of 120%, while ERO's estimates suggest a 46% increase [19][24]. Investment Considerations - CDE offers stable, cash-generative growth with a strong balance sheet and low debt, supported by operational improvements across multiple mines [26]. - ERO presents higher growth potential driven by record production and long-term projects, although it carries higher leverage and smaller cash reserves [26]. - Holding both stocks allows investors to balance stability and predictable cash flow from CDE with the growth and copper exposure from ERO [27].
Ero Announces Inaugural PEA for Furnas, Outlines Low Capital Intensity Project with a 24-Year Initial Mine Life
Globenewswire· 2026-02-23 22:05
(all amounts in US dollars and shown on a 100% Project basis, unless otherwise noted)VANCOUVER, British Columbia, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce results of the Preliminary Economic Assessment ("PEA") on the Furnas Copper-Gold Project ("Furnas" or the "Project"), located in the Carajás Mineral Province in Pará State, Brazil. The PEA outlines the potential for a large-scale, long-life copper-gold operation with a robust ...
Ero Copper Surges 135% in the Past Year: What's Driving the Momentum?
ZACKS· 2026-02-11 15:20
Core Insights - Ero Copper Corp. (ERO) has outperformed the Zacks Mining-Non Ferrous industry and the S&P 500 over the past year, with a 135.3% increase compared to the industry's 90.9% and the S&P 500's 17.7% [1] - ERO's peers, Freeport-McMoRan, Inc. (FCX) and Southern Copper Corp. (SCCO), have seen increases of 66.7% and 111% respectively in the same timeframe [1] Operational Performance - Ero Copper achieved record Q4 production of 19,706 tons of copper in concentrate, with significant contributions from its Caraíba Operations and the newly ramped-up Tucumã Operation [7][8] - The company reported a 15% increase in mill throughput from the previous quarter, although costs were slightly pressured by lower mined grades [8] - The Tucumã Operation contributed 9,275 tons of copper, with processing rates and plant throughput improving by approximately 22% sequentially [9] Financial Strength - Ero Copper ended Q3 2025 with $66.3 million in cash and cash equivalents, a 230% year-over-year improvement, and a total liquidity of roughly $111 million [10] - Cash flow from operating activities reached approximately $110.3 million during the quarter, a significant increase from $53 million year-over-year, resulting in free cash flow of $34 million [11] Growth Strategy - Ero Copper's growth strategy focuses on enhancing its Brazilian asset base through new capacity commissioning, existing mine development, and mechanization [12] - Investments at the Caraíba Operations include underground development and a new external shaft at the Pilar Mine, expected to improve access to higher-grade ore zones by 2027 [13] - The company is also advancing the Furnas Copper-Gold Project to potentially add another significant copper and gold source [14] Earnings Estimates - The Zacks Consensus Estimate for ERO's fiscal 2025 earnings is $2.13 per share, indicating a year-over-year growth of 173.1%, while 2026 estimates suggest earnings of $4.29 per share, reflecting 101.2% growth [17][18] Valuation - ERO is currently trading at a forward 12-month price-to-earnings multiple of 3.09X, which is below the peer group average of 5.32X [19] - Both ERO and FCX have a Value Score of B, while SCCO has a score of D [21] Investment Outlook - Ero Copper's record production and operational efficiency are driving healthy cash generation and consistent free cash flow [22] - The company's strong liquidity position and low leverage provide flexibility for expansion, reducing risk while supporting growth [22] - Despite its momentum, ERO remains attractively valued relative to its rising output and long-term earnings potential, making it a compelling investment opportunity [22][23]
Ero Copper Corp. (ERO) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2026-02-11 00:15
Core Viewpoint - Ero Copper Corp. is expected to show significant growth in its upcoming earnings report, with a notable increase in both EPS and revenue compared to the previous year [2][3]. Group 1: Recent Performance - Ero Copper Corp. closed at $30.98, reflecting a decrease of 2.49% from the previous day, underperforming the S&P 500's loss of 0.33% [1] - Over the past month, the company's shares gained 2.38%, which is lower than the Basic Materials sector's gain of 11.52% [1]. Group 2: Earnings Forecast - The upcoming earnings report is scheduled for March 5, 2026, with an expected EPS of $1.02, indicating a 500% increase from the same quarter last year [2]. - Revenue is forecasted to reach $293.5 million, representing a 139.59% increase compared to the year-ago quarter [2]. Group 3: Full Year Estimates - For the full year, earnings are projected at $2.13 per share, showing a growth of 173.08% from the previous year [3]. - Revenue for the full year is estimated at $780.3 million, reflecting a 65.95% increase from the prior year [3]. Group 4: Analyst Estimates and Rankings - Recent modifications to analyst estimates indicate a positive outlook for Ero Copper Corp., with a Zacks Rank of 2 (Buy) [4][6]. - The Zacks Consensus EPS estimate has increased by 13.65% in the past month, suggesting optimism about the company's near-term performance [6]. Group 5: Valuation Metrics - Ero Copper Corp. has a Forward P/E ratio of 7.41, significantly lower than the industry average of 29.67, indicating it is trading at a discount [7]. - The Mining - Non Ferrous industry, to which Ero Copper belongs, ranks in the top 10% of over 250 industries according to the Zacks Industry Rank [7].
Can Ero Copper Sustain Record Copper Output Growth Ahead?
ZACKS· 2026-02-09 14:41
Core Insights - Ero Copper Corp. (ERO) achieved record copper production of 19,706 tons in Q4 2025, marking an 18.3% increase quarter-on-quarter and a 53% increase year-over-year, driven by improved operations at Tucumã and Caraíba [1][8] Production Performance - Tucumã experienced a 22% sequential increase in production due to improved plant throughput and stabilized recovery rates, indicating a shift to consistent commercial-scale performance [2] - Caraíba's production was enhanced by stronger mining rates and the completion of a mill debottlenecking initiative, resulting in a 15% increase in throughput [2] Peer Comparison - Lundin Mining Corporation (LUNMF) reported Q4 2025 copper production of 87,032 tons, a slight decrease from 87,353 tons in Q3 2025, with a total production of 331,232 tons for 2025, down from 369,067 tons in 2024 [3] - Southern Copper Corporation (SCCO) produced 242,172 tons in Q4 2025, showing a marginal year-over-year increase, with a total of 956,270 tons for 2025, about 1.8% lower than the previous year [4][5] Valuation and Growth Estimates - ERO is trading at a forward price-to-sales ratio of 3.06X, below the industry average of 5.13X, and holds a Value Score of B [9] - The Zacks Consensus Estimate indicates ERO's earnings growth of 155.13% for 2025 and 104.4% for 2026, with EPS estimates trending higher over the past 90 days [11][12]
Ero Delivers Record Q4 Production and Strong Year-End Liquidity; Gold Concentrate Sales to Continue Through Mid-2027, Positioning for Next Phase of Step-Change Growth
Globenewswire· 2026-02-05 12:30
(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce record 2025 copper production and provide 2026 guidance and an updated three-year production outlook. HIGHLIGHTS Fourth Quarter and Full Year 2025 Results Optimization initiatives across the Company's operating portfolio in 2025 contributed to record quarterly copper production of 19,706 tonnes and quarterly ...
Ero Copper to Release Fourth Quarter and Full Year 2025 Operating and Financial Results on March 5, 2026
Globenewswire· 2026-01-30 22:05
Core Viewpoint - Ero Copper Corp. is set to release its fourth quarter and full year 2025 operating and financial results on March 5, 2026, followed by a conference call on March 6, 2026, to discuss these results [1]. Company Overview - Ero Copper Corp. is a Brazil-focused mining company with a diversified portfolio of copper and gold assets, headquartered in Vancouver, B.C. [4] - The company operates two copper mines: the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State, along with the Xavantina Operations, a producing gold mine in Mato Grosso State [4]. - Ero is advancing the Furnas Copper-Gold Project in the Carajás Province of Pará State through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project [4]. Operating Philosophy - The company's operating philosophy emphasizes safety, operational excellence, and responsible mineral production essential for a sustainable future [5].
美股异动 | 铜矿板块盘前集体走高 南方铜业(SCCO.US)张近8%
智通财经网· 2026-01-29 14:37
Group 1 - The copper mining sector saw a collective pre-market rise, with Ero Copper increasing over 9%, Taseko Mines nearly 9%, Southern Copper up nearly 8%, and Hudbay Minerals rising close to 6% [1] - The price of copper futures surged over 10% during the day, reaching a historical high [1] - Market analyst Divyang Shah noted that while copper's year-to-date increase is less than that of gold and silver, the fundamentals supporting its bullish trend are strong [1] Group 2 - Factors driving the copper market include concerns over the independence of the Federal Reserve, ongoing geopolitical risks, expectations of a weaker dollar, fragmented supply chains, and preemptive market positioning against supply shocks [1] - Additionally, new demand from the artificial intelligence sector is contributing to the investment interest in copper [1]
Are You Looking for a Top Momentum Pick? Why Ero Copper Corp. (ERO) is a Great Choice
ZACKS· 2026-01-22 18:00
Company Overview - Ero Copper Corp. (ERO) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [3] Price Performance - Over the past week, ERO shares increased by 0.85%, while the Zacks Mining - Non Ferrous industry rose by 6.2% [5] - In a longer time frame, ERO's monthly price change is 13.52%, compared to the industry's 22.38% [5] - Over the last quarter, ERO shares have risen by 45.24%, and over the past year, they have increased by 120.69% [6] - In contrast, the S&P 500 has moved 2.42% and 14.97% over the same periods [6] Trading Volume - ERO's average 20-day trading volume is 1,554,929 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, three earnings estimates for ERO have been revised upwards, while none have been lowered, boosting the consensus estimate from $1.85 to $2.07 [9] - For the next fiscal year, three estimates have also moved upwards with no downward revisions [9] Conclusion - Given the strong momentum characteristics, positive price performance, and favorable earnings outlook, ERO is positioned as a promising investment opportunity [11]