Ero Copper (ERO) Stock Price, News & Analysis

Company Overview

Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant. The operation uses conventional longhole stoping and paste backfill methods to extract copper ore, which is then crushed, ground and subjected to flotation to produce a high-grade concentrate. Ero Copper continues to invest in exploration on its existing land packages, targeting both near-mine and district-scale discoveries to extend mine life and support future growth.

The company was originally established as Brasil Resources Inc. in 2014 and acquired its Bahia copper assets from Vale S.A. in 2017. In 2020, it rebranded as Ero Copper Corp to reflect its focus on copper production. Headquartered in Vancouver, British Columbia, Ero Copper maintains a corporate office in São Paulo to oversee Brazilian operations and exploration activities.

David F. Strang serves as President and Chief Executive Officer, leading a management team with deep experience in mining project development and operations. Under its current leadership, Ero Copper emphasizes sustainable mining practices, community engagement in Bahia, and continued exploration to unlock the full potential of its Brazilian copper portfolio.

Key Stats

• Today's Range: $22.54 to $24.48
• 50-Day Range: $13.56 to $24.17
• 52-Week Range: $9.30 to $24.48
• Volume: 1.46 million shs
• Average Volume: 1.20 million shs
• Market Capitalization: $2.36 billion
• P/E Ratio: 16.64
• Dividend Yield: N/A
• Price Target: $19.00
• Consensus Rating: Moderate Buy

Ero Copper Stock Analysis - MarketRank™

Ero Copper scored higher than 51% of companies evaluated by MarketBeat, and ranked 90th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ero Copper has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Downside Risk

Ero Copper has a consensus price target of $19.00, representing about 16.6% downside from its current price of $22.79.

Amount of Analyst Coverage

Ero Copper has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 215.49%

Earnings Growth

Earnings for Ero Copper are expected to grow by 215.49% in the coming year, from $0.71 to $2.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ero Copper is 16.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ero Copper is 16.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 160.10.

Price to Book Value per Share Ratio

Ero Copper has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.61% of the float of Ero Copper has been sold short.

Short Interest Ratio / Days to Cover

Ero Copper has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in Ero Copper has recently increased by 28.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ero Copper does not currently pay a dividend.

Dividend Growth

Ero Copper does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.61% of the float of Ero Copper has been sold short.

Short Interest Ratio / Days to Cover

Ero Copper has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in Ero Copper has recently increased by 28.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.52

News Sentiment

Ero Copper has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Ero Copper this week, compared to 5 articles on an average week.

Search Interest

30 people have searched for ERO on MarketBeat in the last 30 days. This is an increase of 275% compared to the previous 30 days.

MarketBeat Follows

19 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. This is an increase of 533% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ero Copper insiders have not sold or bought any company stock.

Percentage Held by Institutions

71.30% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ERO Stock Analysis - Frequently Asked Questions

How have ERO shares performed this year?

Ero Copper's stock was trading at $13.48 at the beginning of the year. Since then, ERO stock has increased by 69.1% and is now trading at $22.79.

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (NYSE:ERO) announced its earnings results on Thursday, July, 31st. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.33 by $0.13. The firm earned $163.50 million during the quarter, compared to the consensus estimate of $263.23 million. Ero Copper had a trailing twelve-month return on equity of 17.96% and a net margin of 26.63%.
Read the conference call transcript.

Who are Ero Copper's major shareholders?

Top institutional shareholders of Ero Copper include Canoe Financial LP (0.05%), Sheets Smith Investment Management (0.05%) and Sheets Smith Wealth Management (0.02%).

How do I buy shares of Ero Copper?

Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Ero Copper own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ero Copper investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Novo Nordisk A/S (NVO) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 7/31/2025
• Today: 10/16/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: MINING - NON FERR
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:ERO
• CIK: 1853860
• Web: www.erocopper.com
• Phone: (604) 449-9244
• Fax: 604-398-3767
• Employees: 3,374
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ero Copper: $19.00
• High Price Target: $19.00
• Low Price Target: $19.00
• Potential Upside/Downside: -16.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.37
• Trailing P/E Ratio: 16.63
• Forward P/E Ratio: 32.06
• P/E Growth: N/A
• Net Income: -$68.47 million
• Net Margins: 26.63%
• Pretax Margin: N/A
• Return on Equity: 17.96%
• Return on Assets: 8.06%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 1.05
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $470.26 million
• Price / Sales: 5.01
• Cash Flow: $1.40 per share
• Price / Cash Flow: 16.28
• Book Value: $7.88 per share
• Price / Book: 2.89

Miscellaneous

• Outstanding Shares: 103,610,000
• Free Float: N/A
• Market Cap: $2.36 billion
• Optionable: Not Optionable
• Beta: 1.24