Ero Copper (ERO) Stock Price, News & Analysis

Company Overview

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $13.99 to $14.50
• 50-Day Range: $13.09 to $17.44
• 52-Week Range: $9.30 to $23.40
• Volume: 1.14 million shs
• Average Volume: 826,212 shs
• Market Capitalization: $1.47 billion
• P/E Ratio: 83.20
• Dividend Yield: N/A
• Price Target: $23.50
• Consensus Rating: Moderate Buy

Ero Copper Stock Analysis - MarketRank™

Ero Copper scored higher than 82% of companies evaluated by MarketBeat, and ranked 45th out of 191 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: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ero Copper has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ero Copper has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 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 83.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ero Copper is 83.20, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 113.91.

Price to Book Value per Share Ratio

Ero Copper has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.34% 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 7.3.

Change versus previous month

Short interest in Ero Copper has recently increased by 1.74%, indicating that investor sentiment is decreasing.

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

4.34% 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 7.3.

Change versus previous month

Short interest in Ero Copper has recently increased by 1.74%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.42

News Sentiment

Ero Copper has a news sentiment score of 0.42. 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 is a lower news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Ero Copper this week, compared to 4 articles on an average week.

Search Interest

12 people have searched for ERO on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.

MarketBeat Follows

10 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. This is an increase of 900% 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 on January 1st, 2025. Since then, ERO shares have increased by 4.9% and is now trading at $14.1430.

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (NYSE:ERO) released its quarterly earnings data on Monday, May, 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.18. The company earned $125.10 million during the quarter, compared to analyst estimates of $179.45 million. Ero Copper had a trailing twelve-month return on equity of 14.24% and a net margin of 3.87%.
Read the conference call transcript.

Who are Ero Copper's major shareholders?

Top institutional investors of Ero Copper include Montrusco Bolton Investments Inc. (0.74%), Canoe Financial LP (0.03%), Public Employees Retirement System of Ohio (0.03%) and J. Safra Sarasin Holding AG (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: 5/05/2025
• Today: 7/25/2025
• Next Earnings (Estimated): 7/31/2025
• 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: $23.50
• High Price Target: $28.00
• Low Price Target: $19.00
• Potential Upside/Downside: +66.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.17
• Trailing P/E Ratio: 83.20
• Forward P/E Ratio: 19.92
• P/E Growth: N/A
• Net Income: -$68.47 million
• Net Margins: 3.87%
• Pretax Margin: N/A
• Return on Equity: 14.24%
• Return on Assets: 6.44%

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: 3.12
• Cash Flow: $1.37 per share
• Price / Cash Flow: 10.29
• Book Value: $7.88 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 103,590,000
• Free Float: N/A
• Market Cap: $1.47 billion
• Optionable: Not Optionable
• Beta: 1.18