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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 has received the operational license for the Tucumã Project, marking the final permitting milestone for commercial operation.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:05 am

Metal commodities experienced a significant surge, with gold nearing a record high, silver reaching its highest level since 2013, and copper hitting an all-time high. This rally was driven by diminishing inflation fears, potential Federal Reserve rate cuts, and Chinese stimulus measures. Mining stocks and related ETFs saw substantial gains.

Portfolio Pulse from Piero Cingari

May 17, 2024 | 7:49 pm

Shares of copper-related companies are trading higher as copper prices rise due to Chinese measures to support the property sector.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 3:48 pm

Ero Copper (NYSE:ERO) reported Q1 2024 earnings of $0.16 per share, surpassing the $0.10 estimate, a 33.33% decrease from last year's $0.24. Sales reached $105.8M, beating the $99.925M estimate, marking a 4.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:15 pm

GameStop Corp. (NYSE:GME) reported Q4 earnings with net sales of $1.794 billion, missing the consensus estimate of $2.05 billion, and an EPS of 22 cents, below the expected 29 cents, causing a 14.9% drop in pre-market trading. Other stocks also moved lower in pre-market trading due to various reasons including poor financial results and special dividend announcements.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 9:39 am

Ero Copper (NYSE:ERO) reported Q4 earnings of $0.21 per share, missing the $0.23 estimate, and sales of $116.40M, beating the $104.20M estimate. Earnings decreased by 12.5% and sales slightly decreased by 0.26% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:09 pm

Numerous companies are scheduled to report their quarterly earnings on March 7, 2024, with a mix of projected earnings and losses across various sectors. Notable mentions include CI&T, Stevanato Gr, ABM Industries, Bilibili, BJ's Wholesale Club, Burlington Stores, and many others, indicating a significant day for investors to monitor potential market movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:49 am

Ero Copper (NYSE:ERO) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $0.23. The company's past earnings performance shows mixed results, with a slight share price drop following the last earnings miss. Shares are currently trading at $17.08, reflecting a 3.46% increase over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 2:01 pm

Ero Copper Corp. (NYSE:ERO) has announced a bought deal financing agreement with a syndicate of underwriters led by BMO Capital Markets. The underwriters will purchase 8,510,000 common shares at a price of $12.35 per share, generating gross proceeds of approximately $105 million. The proceeds will be used to advance growth initiatives at Ero's Tucumã Project and Caraíba Operations, advance regional exploration programs, and for general corporate and working capital purposes. The offering is expected to close on November 14, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:48 pm

Ero Copper (NYSE:ERO) reported Q3 earnings of $0.18 per share, in line with analyst consensus. This is a 350% increase from the same period last year. However, the company's quarterly sales of $105.20 million missed the analyst consensus estimate of $108.00 million by 2.59%, despite being a 22.47% increase from last year.

Portfolio Pulse from mahesh@benzinga.com

November 02, 2023 | 9:28 pm

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