Want to see TSE:ERO full AI Analyst Report?
ERO Stock Chart & Stats
C$54.49
-C$0.35(-0.95%)
At close: 4:00 PM EDT
C$54.49
-C$0.35(-0.95%)
Day’s Range― - ―
52-Week RangeC$26.20 - C$56.62
Previous CloseN/A
Volume26.56K
Average Volume (3M)419.71K
Market Cap
C$5.58B
Enterprise ValueC$4.69K
Total Cash (Recent Filing)C$101.74M
Total Debt (Recent Filing)C$573.36M
Price to Earnings (P/E)12.5
Beta2.24
Next Earnings
Nov 10, 2026EPS Estimate
1.64Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.98
Shares Outstanding104,302,635
10 Day Avg. Volume471,584
30 Day Avg. Volume419,708
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)3.14
Price to Sales (P/S)3.67
P/FCF Ratio32.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$53.02Price Target Upside-2.69% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)4.06
Revenue Forecast (FY)C$1.27B
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Revenue GrowthStrong TTM margins and revenue growth indicate that Ero is benefiting from improved scale, operating performance, and a favorable pricing environment. If maintained, this profitability provides internal funding for mine development, supports resilience through the cycle, and strengthens the company’s competitive position.
Deleveraging And Improved LiquidityMaterial debt reduction and low net-debt leverage improve financial flexibility and reduce the balance-sheet strain associated with commodity downturns. Stronger liquidity gives Ero greater capacity to fund operating needs, complete projects, and manage remaining debt without immediately relying on shareholder capital.
Copper Throughput ExpansionTucumã’s higher throughput and completed filtration improvements create a tangible pathway to greater copper production from existing operations. Additional modular filters expected in Q4 could support further capacity growth, improving operating leverage and helping sustain production expansion over coming quarters.
Bears Say
Cyclical And Volatile EarningsThe sharp earnings swing demonstrates meaningful exposure to the metals cycle and makes future profitability harder to forecast. Even after the recent recovery, variable margins can affect investment capacity, leverage, and shareholder returns when copper prices, grades, or operating conditions weaken.
Modest Free-cash-flow ConversionThe recent return to positive free cash flow is encouraging, but modest conversion and the preceding multi-year deficit indicate substantial reinvestment demands. This may limit distributable cash and create more variable shareholder returns, particularly when operating performance or commodity prices deteriorate.
Xavantina Execution And Cost PressureThe slower Xavantina ramp and sensitivity to Brazilian currency and inflation create ongoing execution and margin risks. Lower-than-planned gold output can weaken by-product support, while higher reported unit costs may pressure profitability and require continued operational improvements and hedging.
Ero Copper News
ERO FAQ
What was Ero Copper’s price range in the past 12 months?
Ero Copper lowest stock price was C$26.20 and its highest was C$56.62 in the past 12 months.
What is Ero Copper’s market cap?
Ero Copper’s market cap is C$5.58B.
When is Ero Copper’s upcoming earnings report date?
Ero Copper’s upcoming earnings report date is Nov 10, 2026 which is in 42 days.
How were Ero Copper’s earnings last quarter?
Ero Copper released its earnings results on Aug 05, 2026. The company reported C$1.177 earnings per share for the quarter, beating the consensus estimate of C$1.045 by C$0.132.
Is Ero Copper overvalued?
According to Wall Street analysts Ero Copper’s price is currently Overvalued.
Does Ero Copper pay dividends?
Ero Copper does not currently pay dividends.
What is Ero Copper’s EPS estimate?
Ero Copper’s EPS estimate is 1.64.
How many shares outstanding does Ero Copper have?
Ero Copper has 104,302,635 shares outstanding.
What happened to Ero Copper’s price movement after its last earnings report?
Ero Copper reported an EPS of C$1.177 in its last earnings report, beating expectations of C$1.045. Following the earnings report the stock price went up 2.131%.
Which hedge fund is a major shareholder of Ero Copper?
Currently, no hedge funds are holding shares in TSE:ERO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ero Copper Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$53.02 (-2.69% Downside)
C$53.02 (-2.69% Downside)
Blogger Sentiment
Bullish
TSE:ERO Sentiment 91%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth C$6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 3.5%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
100.69%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
21.61%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Ero Copper
Operating in Brazil, Ero Copper Corp. specializes in the exploration, development, and production of base metals. The company's core business involves mining and selling copper concentrate from its MCSA Mining Complex, located in northeastern Bahia's Curaçá Valley, which also yields gold and silver as secondary products. Additionally, Ero Copper maintains full ownership of the Boa Esperança property, an ongoing copper development project in southeastern Pará, and the NX Gold property situated in Mato Grosso state. This enterprise was founded in 2016 and is presently headquartered in Vancouver, Canada.
ERO Company Deck
ERO Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial momentum: strong quarter-on-quarter cash flow and EBITDA growth, meaningful deleveraging (net debt leverage down to ~0.8x), increased copper throughput and filtration progress at Tucumã, a sharp QoQ recovery in Xavantina gold production, and material progress on the Furnas drill program. Challenges include a slower Xavantina start pushing gold production toward the low end of guidance, sensitivity of reported unit costs to a stronger BRL and inflation (partially offset by hedges below the line), remaining revolver repayments, and some project timing uncertainty (Caraíba shaft). Overall, the positive operational improvements, cash generation and balance sheet repair outweigh the highlighted risks.View all TSE:ERO earnings summariesERO Stock 12 Month Forecast
Average Price Target
C$53.02
▼(-2.69% Downside)
Technical Analysis
Hudbay Minerals
―
Trekor Metals
―
Lundin Mining
―
Capstone Copper
―
First Quantum Minerals
―