Does Ero Copper Corp. (ERO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Ero Copper Corp. is a small ($3 billion market cap) Canadian-based copper and gold producer with three producing mines in Brazil. ERO is rated a STRONG BUY due to being significantly undervalued (a TTM P/E of 21.8x) compared to peers, strong near-term production growth, and excellent long-term development prospects. Despite a Q3 earnings miss, bullish fundamentals include low cash costs, robust gold output, improving leverage, and a reiteration of FY25 guidance on both production and cap-ex targets.
Ero Copper Corp. (ERO) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.27 per share a year ago.
Ero Copper (ERO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ero Copper Corp. (ERO) closed at $20.65 in the latest trading session, marking a +2.08% move from the prior day.
ERO Copper's production is ramping up, with the new Tucumã mine driving a 75% YoY copper output increase and record revenues. Despite strong operational results and growth, ERO Copper trades at a significant discount to peers, implying substantial upside potential. The company is set to double copper production in 2025, with further growth from Caraíba and long-term prospects from the Furnas project.
Ero Copper Corp. (NYSE:ERO ) Q2 2025 Earnings Conference Call August 1, 2025 11:30 AM ET Company Participants Courtney R. B. Lynn - Executive Vice President, External Affairs and Strategy Gelson Batista - Executive VP & COO Makko DeFilippo - President, CEO & Director Wayne Drier - Executive VP & CFO Conference Call Participants Anita Soni - CIBC Capital Markets, Research Division Bryce Adams - Desjardins Securities Inc., Research Division Craig Hutchison - TD Cowen, Research Division Dalton Baretto - Canaccord Genuity Corp., Research Division Fahad Tariq - Jefferies LLC, Research Division Guilherme Rosito - BofA Securities, Research Division Matthew Murphy - BMO Capital Markets Equity Research Orest Wowkodaw - Scotiabank Global Banking and Markets, Research Division Ralph M.
Ero Copper Corp. (ERO) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.18 per share a year ago.
Ero Copper (ERO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Ero Copper Corp. (ERO) closed at $14.46, indicating a +1.76% shift from the previous trading day.
In the latest trading session, Ero Copper Corp. (ERO) closed at $14.67, marking a -2.85% move from the previous day.
The consensus price target hints at a 29.3% upside potential for Ero Copper (ERO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.