Ero Copper (ERO) Stock Price, News & Analysis

Company Overview

Ero Copper Corporation is a Toronto‐based mining company focused on the acquisition, development and operation of copper assets in Brazil. The company’s principal operations are the Pilar underground mine and the Vermelho copper‐gold project, both located in the state of Bahia. Through these assets, Ero Copper is engaged in the full cycle of exploration, extraction and processing of copper ore, producing copper concentrate with gold and silver by‐products.

The Pilar mine, a long‐established operation that dates back to the 1970s, serves as the company’s processing hub. Ore from Pilar and the adjacent Vermelho development is processed through a milling complex to produce high‐grade copper concentrate. Ero Copper markets its concentrate to global smelters and refineries, supplying material to customers in South America, Europe and Asia, and playing a key role in the international copper supply chain.

Founded in 2015 following the strategic acquisition of Brazilian copper‐gold assets from a leading mining group, Ero Copper has rapidly advanced Vermelho through feasibility studies, permitting and construction phases. Production at Vermelho commenced in 2021, marking a significant milestone in the company’s growth strategy. The integration of Vermelho’s output with Pilar’s processing capacity has established Ero as one of the premier copper producers in Brazil.

Under the leadership of President and Chief Executive Officer Dan Wilton, Ero Copper’s management team brings extensive experience in mine development, operations and capital markets. The company places a strong emphasis on sustainable practices, community engagement and workplace safety, partnering with local stakeholders in Bahia to support social investment programs and environmental stewardship initiatives.

Key Stats

• Today's Range: $16.67 to $17.84
• 50-Day Range: $12.49 to $17.44
• 52-Week Range: $9.30 to $23.40
• Volume: 972,331 shs
• Average Volume: 419,401 shs
• Market Capitalization: $1.75 billion
• P/E Ratio: 99.59
• Dividend Yield: N/A
• Price Target: $26.33
• Consensus Rating: Buy

Ero Copper Stock Analysis - MarketRank™

Ero Copper scored higher than 83% of companies evaluated by MarketBeat, and ranked 139th out of 576 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: 4.6 / 5
• Analyst Rating: Buy

Consensus Rating

Ero Copper has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Ero Copper has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 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 99.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ero Copper is 99.59, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.22.

Price to Book Value per Share Ratio

Ero Copper has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.27% 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 8.2.

Change versus previous month

Short interest in Ero Copper has recently decreased by 1.71%, indicating that investor sentiment is improving.

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

4.27% 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 8.2.

Change versus previous month

Short interest in Ero Copper has recently decreased by 1.71%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.69

News Sentiment

Ero Copper has a news sentiment score of 0.69. 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 higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Ero Copper this week, compared to 4 articles on an average week.

Search Interest

Only 5 people have searched for ERO on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 start of the year. Since then, ERO stock has increased by 25.6% and is now trading at $16.9290.

How were Ero Copper's earnings last quarter?

Ero Copper Corp. (NYSE:ERO) posted its quarterly earnings data on Monday, May, 5th. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.18. The firm 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.

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: 7/04/2025
• 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: 2,460
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.33
• High Stock Price Target: $32.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +55.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.17
• Trailing P/E Ratio: 99.59
• Forward P/E Ratio: 23.84
• 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: $489.55 million
• Price / Sales: 3.58
• Cash Flow: $1.40 per share
• Price / Cash Flow: 12.06
• Book Value: $7.88 per share
• Price / Book: 2.15

Miscellaneous

• Outstanding Shares: 103,594,000
• Free Float: N/A
• Market Cap: $1.75 billion
• Optionable: Not Optionable
• Beta: 1.18