Ero Copper Corp.

Ero Copper Corp.

ERO.TO
Ero Copper Corp.CA flagToronto Stock Exchange
37.46
CAD
-0.60
- -
3.91BMarket Cap
Ero Copper Corp.
ERO.TO
(Toronto Stock Exchange)

Recent

price

37.46

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
2.64
2.78
3.34
3.75
5.53
4.7
4.54
4.56
7.58
8.89
Revenue per Share
- -
0.4
-0.04
1.08
0.6
2.27
1.12
0.99
-0.66
2.54
2.81
Basic EPS, GAAP
- -
-0.52
-0.22
0.25
0.52
2.06
-1.68
-3.16
-1.86
1.09
1.34
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.51
2.26
1.53
2.61
3.24
5.51
6.66
8.72
7.44
10.06
11.1
Book Value per Share
0.14
2.31
1.24
2.34
2.48
4.46
5.97
8.6
5.73
9.05
10.6
Tangible Book Value per Share
49
56
84
85
86
89
91
94
103
104
104
Basic Weighted Avg Shares
- -
148
233
285
324
490
426
427
470
786
924
Sales/Revenue/Turnover
- -
-4.17
19.83
33.89
49.1
55.33
29.92
21.64
25.23
33.99
34.39
Operating Margin (%)
- -
38
45
46
39
47
59
83
87
116
135
Depreciation Expense
- -
22
-3
92
52
201
102
93
-68
264
292
Net Income, GAAP
- -
- -
212.4
- -
14.53
14.47
18.45
16.06
- -
19.35
18.52
Effective Tax Rate (%)
- -
15.16
-1.35
32.26
15.93
41.04
23.88
21.71
-14.56
33.56
31.63
Profit Margin (%)
-129
43
-9
-5
36
86
263
26
-70
15
66
Working Capital
54
134
142
141
156
57
407
414
563
560
549
LT Debt
24
130
104
199
214
395
542
809
591
938
1,101
Total Equity
- -
- -
-19.13
- -
35.17
52.94
14.22
6.89
- -
15.28
16.63
Return on Invested Capital (%)
- -
- -
-7.37
- -
14.19
40.53
14.78
8.84
- -
17.78
18.66
Return on Capital (%)
- -
29.59
-2.47
52.36
20.54
52.36
18.64
13.02
-8.62
29.13
29.2
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
68
72
54
LT Borrowings
561
551
543
LT Finance Leases
9
9
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
2,096
2,929
2,770

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
207
276
290
Cash, Cash Equivalents & STI
66
105
91
Accounts Receivable, Net
11
41
48
Inventories
92
107
108
Total Current Liabilities
253
261
224
Payables & Accruals
105
119
109
ST Debt
68
72
54
Deferred Revenue
29
13
11

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.56%
58.67%
Free Cash Flow
- -
4.71%
-158.65%
Net Income, GAAP
- -
-85.53%
-485.14%
Sales/Revenue/Turnover
- -
23.12%
67.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
106
117
125
123
470
2025
125
164
177
320
786
2026
263
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.52
0.4
- -
-0.66
2025
0.77
0.68
- -
- -
2.54
2026
1.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ero Copper Corp. Ero Copper Corp. is a high-margin copper producer focused on the exploration, development, and production of copper mining projects in Brazil. The company owns a 99.6% interest in Mineração Caraíba S.A. (MCSA), which operates the Caraíba Operations in the Curaçá Valley of Bahia State, including the high-grade Pilar and Vermelhos underground mines and the Surubim open-pit mine; produces copper concentrates from the Tucumã Operation, an open-pit mine in Pará State; and holds a 97.6% interest in NX Gold S.A., owner of the Xavantina Operations, a gold and silver mine in Mato Grosso State. Incorporated in 2016 and headquartered in Vancouver, British Columbia, Ero Copper Corp. targets base metals production, primarily copper, with gold and silver as by-products, serving global markets through concentrate sales. Recent developments include achieving first saleable copper concentrate from Tucumã in July 2024 and commercial production in H1 2025; executing a definitive earn-in agreement with Vale Base Metals in July 2024 for a 60% interest in the Furnas Copper-Gold Project in Pará State's Carajás Mineral Province; amending its revolving credit facility post-2024 to increase commitments from $150 million to $200 million and extend maturity to December 2028; extending precious metals purchase arrangements with Royal Gold by $50 million at Xavantina in March 2025; and issuing 2025 guidance for consolidated copper production of 75,000-85,000 tonnes, up 85-110% year-over-year. These initiatives support a three-year outlook projecting 85,000-95,000 tonnes of annual copper production in 2026-2027, driven by Tucumã ramp-up, Pilar Mine external shaft construction, and Furnas advancement.

Company News

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