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Ero Copper Corp. (ERO)

Basic Materials | Copper | Vancouver, Canada | NYSE
26.13 USD +1.48 (6.004%) ⇧ (July 14, 2026, 9:49 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:12 a.m. EDT

The investment thesis here rests entirely on the company's explosive top-line growth and improving profitability, which currently outweigh the lack of a dividend and the stock's recent price weakness. Revenue surged 110% year-over-year, and profit margins expanded to 31.6%, supported by a robust 32.5% return on equity. While the stock has underperformed recently—dropping 31% in the last fiscal year and trading below its 50-day moving average—the forward P/E of 5.4x suggests the market is pricing in significant future expansion. The analyst consensus reflects this optimism with a 'Buy' rating and a mean target price of $34.20, implying nearly 35% upside. However, the short-term outlook is murky; the statistical forecast model shows no directional bias, and the stock is hovering near its 50-day average, suggesting a period of consolidation ahead. The absence of a dividend is a clear negative for income investors, making this a pure growth play dependent on execution. The options market is screaming for a breakout, but until the price clears the $27.75 resistance level, the trend remains technically neutral.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.091679
AutoETS0.091975
AutoTheta0.095106
MSTL_900.098705
MSTL0.099878
MSTL_1150.106005
MSTL_90_1150.109601

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 40%
H-stat 1.29
Ljung-Box p 0.000
Jarque-Bera p 0.266
Excess Kurtosis -0.85
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 54.789
Revenue per Share 8.896
Market Cap 2,724,783,104
Trailing P/E 9.33
Forward P/E 5.50
Beta 1.58
Profit Margins 31.63%
Website https://www.ero.com

As of July 11, 2026, 3:12 a.m. EDT: Speculators are positioning aggressively for upside, evidenced by heavy open interest in out-of-the-money calls (strikes $30-$45) across multiple expirations, while put volume remains thin relative to call volume. However, there is a notable anomaly in December 2026 where significant call volume (24 contracts) was written against very low open interest (5), suggesting a potential hedge or short-covering event rather than pure bullish speculation. The skew in implied volatility favors calls, indicating the market prices in a higher probability of a rally than a crash.


Info Dump

Attribute Value
52 Week Change 0.7035246
Address1 625 Howe Street
Address2 Suite 1050
All Time High 39.799
All Time Low 3.878
Ask 26.09
Ask Size 100
Audit Risk 4
Average Analyst Rating 2.2 - Buy
Average Daily Volume10 Day 1,079,680
Average Daily Volume3 Month 1,272,440
Average Volume 1,272,440
Average Volume10Days 1,079,680
Beta 1.584
Bid 25.93
Bid Size 200
Board Risk 7
Book Value 10.53
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 26.13
Current Ratio 1.296
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 26.35
Day Low 25.755
Debt To Equity 54.789
Display Name Ero Copper
Earnings Call Timestamp End 1,786,046,400
Earnings Call Timestamp Start 1,786,046,400
Earnings Growth 0.351
Earnings Quarterly Growth 0.356
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 446,428,000
Ebitda Margins 0.48319
Enterprise To Ebitda 6.913
Enterprise To Revenue 3.34
Enterprise Value 3,086,049,024
Eps Current Year 3.92364
Eps Forward 4.75364
Eps Trailing Twelve Months 2.8
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.6978
Fifty Day Average Change -1.5678005
Fifty Day Average Change Percent -0.056603793
Fifty Two Week Change Percent 70.35246
Fifty Two Week High 39.799
Fifty Two Week High Change -13.669001
Fifty Two Week High Change Percent -0.34345084
Fifty Two Week Low 12.79
Fifty Two Week Low Change 13.339999
Fifty Two Week Low Change Percent 1.0430022
Fifty Two Week Range 12.79 - 39.799
Financial Currency USD
First Trade Date Milliseconds 1,508,506,200,000
Float Shares 101,723,158
Forward Eps 4.75364
Forward P E 5.49684
Free Cashflow 46,826,376
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.42755002
Gross Profits 395,020,992
Has Pre Post Market Data 1
Held Percent Insiders 0.02431
Held Percent Institutions 0.73667
Implied Shares Outstanding 104,277,968
Industry Copper
Industry Disp Copper
Industry Key copper
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. Its flagship asset includes Caraíba operations that comprise the production and sale of copper concentrates located in Bahia State, Brazil, as well as gold and silver produced and sold as by-products. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.
Long Name Ero Copper Corp.
Market us_market
Market Cap 2,724,783,104
Market State REGULAR
Max Age 86,400
Message Board Id finmb_428234584
Most Recent Quarter 1,774,915,200
Net Income To Common 292,267,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,567,102,191
Number Of Analyst Opinions 3
Open 25.92
Operating Cashflow 422,452,992
Operating Margins 0.34743
Overall Risk 5
Payout Ratio 0.0
Phone 604 449 9244
Previous Close 24.65
Price Eps Current Year 6.659632
Price Hint 2
Price To Book 2.4814816
Price To Sales Trailing12 Months 2.9491355
Profit Margins 0.31633
Quick Ratio 0.647
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.16667
Region US
Regular Market Change 1.4799995
Regular Market Change Percent 6.004055
Regular Market Day High 26.35
Regular Market Day Low 25.755
Regular Market Day Range 25.755 - 26.35
Regular Market Open 25.92
Regular Market Previous Close 24.65
Regular Market Price 26.13
Regular Market Time 1,784,036,979
Regular Market Volume 89,750
Return On Assets 0.10572
Return On Equity 0.32481
Revenue Growth 1.104
Revenue Per Share 8.896
Sand P52 Week Change 0.20365608
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 1
Shares Outstanding 104,277,968
Shares Percent Shares Out 0.0344
Shares Short 3,461,669
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,287,730
Short Name Ero Copper Corp.
Short Ratio 2.64
Source Interval 15
State BC
Symbol ERO
Target High Price 40.6
Target Low Price 31.0
Target Mean Price 34.2
Target Median Price 31.0
Total Cash 91,207,000
Total Cash Per Share 0.875
Total Debt 603,436,992
Total Revenue 923,926,016
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.8
Trailing P E 9.332143
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 26.8943
Two Hundred Day Average Change -0.7643013
Two Hundred Day Average Change Percent -0.028418709
Type Disp Equity
Volume 89,750
Website https://www.ero.com
Zip V6C 2T6