Streetbeat News

ERO

Ero Copper Corp.

https://www.erocopper.com

Industry

Copper

Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the CuraÃ§Ã¡ Valley, northeastern Bahia state, as well as gold and silver byproducts. The company also holds a 100% interest in the Boa EsperanÃ§a property, a copper development project located within southeastern ParÃ¡ state; and NX Gold property located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Open

15.54

Mkt cap

1.6B

Volume

416K

High

15.75

P/E Ratio

82.68

52-wk high

24.34

Low

15.46

Div yield

N/A

52-wk low

11.56

Ero Copper Corp. has been upgraded to 'Buy' due to promising copper and gold production prospects in Brazil and favorable global market conditions. The company is well-positioned for future growth with improving profitability and an attractive entry point at current share levels.

Portfolio Pulse from

November 16, 2024 | 8:30 am

The options market is indicating potential significant movements in Ero Copper (ERO) stock, suggesting investors should closely monitor this asset.

Portfolio Pulse from

November 13, 2024 | 3:30 pm

Ero Copper Corp. (NYSE:ERO) held its Q3 2024 earnings conference call on November 6, 2024. Key participants included senior executives and analysts from various financial institutions.

Portfolio Pulse from

November 06, 2024 | 7:00 pm

Ero Copper Corp. (ERO) reported Q3 earnings of $0.27 per share, surpassing the Zacks Consensus Estimate of $0.22 and last year's $0.18 per share.

Portfolio Pulse from

November 06, 2024 | 12:30 am

Ero Copper Corp. has announced a leadership succession plan effective January 1, 2025. David Strang will become Executive Chairman, and Makko DeFilippo will be appointed as President & CEO. Noel Dunn will retire from the Board, and Gelson Batista will become COO.

Portfolio Pulse from

November 05, 2024 | 10:30 pm

Ero Copper Corp. has released its third quarter 2024 operating and financial results. The company will hold a conference call on November 6, 2024, to discuss these results.

Portfolio Pulse from

November 05, 2024 | 10:15 pm

Ero Copper has restored full power at its Tucumã operation after a temporary disruption caused by a severe windstorm. The company has resumed the ramp-up of its processing plant operations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:06 pm

Ero Copper's Tucumã operations have been disrupted by a storm-induced power outage. The company expects full restoration within 14 days.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:40 am

Ero Copper (NYSE:ERO) reported Q2 2024 adjusted EPS of $0.18, beating the $0.16 estimate, but sales of $117.1M missed the $120.297M estimate. EPS decreased by 25% YoY, while sales increased by 11.63% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:19 pm

Ero Copper Corp. (NYSE:ERO) has signed a definitive earn-in agreement with Salobo Metais S.A, a subsidiary of Vale Base Metals Limited, to acquire a 60% interest in the Furnas Copper Project in Brazil.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:05 am

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