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Ero Copper Corp.

ERO

Last
$37.61
Day
+4.5%
1y
+59.5%
5y
+107.6%
52w
-11.9%
SPY YTD
+13.3%
XLB
+6.8%
Earnings
2026-11-0223d
EMA 21
36.38
EMA 50
34.81
EMA 200
29.74
20d high
-7.8%
5y high
-11.9%
5y range
85th
Website · Canada

Positions held

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Score
16
Hold
watch
Signal
Neutral
Target
$41.60
Stop
$33.17
Stop distance
11.8%
Target vs last
+10.6%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Ero Copper Corp. is well-positioned in the copper industry, benefiting from a strong revenue growth of 73.9% year-over-year, indicating robust demand and effective operational strategies.
  • In Q2 2026, ERO reported a revenue increase of 8% compared to the previous quarter, reaching $284 million.
  • The company's gross margin improved to 42.7% in Q2 2026, up from 40.2% in Q1 2026.
Bear case
  • Despite positive trends, Ero Copper faces challenges with a high debt-to-equity ratio of 47.066, which may impact financial stability.
  • In 2024, ERO experienced a net income loss of $68.475 million, highlighting potential volatility in earnings.
  • The operating margin decreased to 21.6% in 2023, indicating pressures on profitability amidst fluctuating market conditions.

Fundamentals

Market cap$3.75BEnterprise value$4.23BTrailing P/E12.20Forward P/E7.37
PEG—Price / book3.09Beta1.63Dividend yield0.00%
Revenue growth73.9%Earnings growth25.0%Gross margin43.0%Operating margin37.6%
Profit margin29.8%ROE30.8%ROA12.0%Debt / equity0.47
Current ratio1.37Free cash flow$47.04MAnalyst recommendationbuyMean target$40.73
52w high$40.8352w low$19.10

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$284M$263M$320M$177M$164M—
Op margin37.6%34.7%44.4%21.0%28.8%—
Net income$89.5M$109M$77.0M$36.0M$70.5M—
Gross margin42.7%40.2%51.4%32.4%41.2%—
Gross profit$121M$106M$164M$57.4M$67.3M—
Operating income$107M$91.4M$142M$37.2M$47.1M—
  • Revenue +8% vs prior quarter ($284M vs $263M).
  • Gross margin 42.7% (was 40.2% prior quarter).
  • Operating margin expanded to 37.6%.

Yearly (6y)

20252024202320222021
Revenue$786M$470M$427M$426M—
Op margin34.0%25.2%21.6%29.9%—
Net income$264M-$68.5M$92.8M$102M—
Gross margin43.9%38.4%36.7%43.9%—
Gross profit$345M$181M$157M$187M—
Operating income$267M$119M$92.5M$128M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

ERO · daily-3.5% over 13 sessions
Close EMA21 EMA50 EMA200
34.9836.0437.1138.1739.242026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$80M$160M$240M$320M0%26%51%2025-Q22025-Q32025-Q42026-Q12026-Q2