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Ero Copper Corp. (ERO.TO)

CAD34.95 -1.28 (-3.53%)
CA TSX Basic Materials Copper
Address 625 Howe Street V6C 2T6
Vancouver, BC, CA
CEO Makko DeFilippo
IPO 2017-10-19
ISIN CA2960061091

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Also trades on New York Stock Exchange · ERO (USD) Toronto Stock Exchange · ERO.TO (CAD)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD34.95 -1.28 (-3.53%)
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Volume Profile
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Liquidity & share structure
Average Volume
494.7K
Beta
1.58
Float Shares
98.23M
Free Float %
94.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.80% +4.26% -8.09% -3.06% +24.44% +2.14% +108.19% +66.99% +39.84% +734.95% +734.95%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (3 ratings, all time) Hold
Price Targets & DCF
Current price
34.95
Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 5 -1
Hold 9 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.54
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Copper: +11.5%
    +70.0% Q1'26: +106.9% (vs Q1'25)
  • EPS growth Copper: +54.7%
    +490.9% Q1'26: +32.5% (vs Q1'25)
  • FCF margin FCF growth · Copper: +5.7%
    +16.3% Q1'26: +7.7% (vs Q1'25)
  • EBIT margin Copper: +16.7%
    +33.8% Q1'26: +34.7% (vs Q1'25)
  • ROIC Copper: +7.0%
    +14.9% Q1'26: +19.1% (vs Q1'25)
  • Share dilution Copper: +0.0%
    +0.2% Q1'26: +1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Copper: 0.66×
    1.54× Q1'26: 1.20× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.56) × ERP
WACC = 82% × Ke + 18% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 34.95
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
13 Rev. Ana.
8 EPS Ana.
Dec 2027
12 Rev. Ana.
8 EPS Ana.
Dec 2028
10 Rev. Ana.
6 EPS Ana.
Dec 2029
5 Rev. Ana.
4 EPS Ana.
Dec 2030
5 Rev. Ana.
2 EPS Ana.
Revenue
148.24M
est: 132.03M (+12.3%)
233.11M
est: 245.28M (-5.0%)
284.84M
est: 365.77M (-22.1%)
324.08M
est: 409.88M (-20.9%)
489.92M
est: 609.87M (-19.7%)
426.39M
est: 585.54M (-27.2%)
427.48M
est: 325.10M (+31.5%)
470.26M
est: 498.22M (-5.6%)
799.60M
est: 779.22M (+2.6%)
1.21B
1.04B – 1.39B
+55.3% YoY
1.27B
1.10B – 1.41B
+5.0% YoY
1.21B
1.05B – 1.37B
-4.4% YoY
1.21B
1.04B – 1.36B
-0.7% YoY
1.38B
1.19B – 1.55B
+14.1% YoY
EBITDA
56.10M
est: 51.08M (+9.8%)
62.92M
est: 94.89M (-33.7%)
132.60M
est: 141.50M (-6.3%)
110.92M
est: 158.56M (-30.0%)
289.80M
est: 235.93M (+22.8%)
206.48M
est: 226.52M (-8.8%)
208.15M
est: 136.88M (+52.1%)
13.78M
est: 209.78M (-93.4%)
410.40M
est: 328.09M (+25.1%)
509.58M
436.44M – 584.39M
+55.3% YoY
535.16M
464.67M – 592.68M
+5.0% YoY
511.54M
441.23M – 576.30M
-4.4% YoY
507.73M
437.95M – 572.01M
-0.7% YoY
579.48M
499.83M – 652.83M
+14.1% YoY
EBIT
17.96M
est: 31.63M (-43.2%)
17.63M
est: 58.77M (-70.0%)
86.43M
est: 87.64M (-1.4%)
71.57M
est: 98.20M (-27.1%)
242.51M
est: 146.12M (+66.0%)
147.51M
est: 140.29M (+5.1%)
125.13M
est: 85.51M (+46.3%)
-73.63M
est: 131.05M (-156.2%)
270.33M
est: 204.96M (+31.9%)
318.34M
272.65M – 365.07M
+55.3% YoY
334.32M
290.28M – 370.25M
+5.0% YoY
319.56M
275.64M – 360.02M
-4.4% YoY
317.19M
273.59M – 357.34M
-0.7% YoY
362.00M
312.25M – 407.83M
+14.1% YoY
Net Income
22.47M
est: -15.07M (+249.1%)
-3.16M
est: 27.52M (-111.5%)
91.88M
est: 64.48M (+42.5%)
51.62M
est: 132.17M (-60.9%)
201.05M
est: 236.58M (-15.0%)
101.83M
est: 105.29M (-3.3%)
92.80M
est: -15.59M (+695.3%)
-68.48M
est: 84.25M (-181.3%)
268.34M
est: 209.58M (+28.0%)
426.40M
369.35M – 483.45M
+103.5% YoY
360.97M
316.37M – 613.31M
-15.3% YoY
352.00M
345.92M – 491.51M
-2.5% YoY
367.27M
301.65M – 427.72M
+4.3% YoY
446.16M
366.44M – 519.59M
+21.5% YoY
SGA
18.63M
est: 16.02M (+16.3%)
31.76M
est: 29.76M (+6.7%)
39.08M
est: 44.37M (-11.9%)
37.00M
est: 49.72M (-25.6%)
46.41M
est: 73.99M (-37.3%)
57.08M
est: 71.04M (-19.6%)
60.14M
est: 38.13M (+57.7%)
57.90M
est: 58.43M (-0.9%)
75.18M
est: 91.39M (-17.7%)
141.94M
121.57M – 162.79M
+55.3% YoY
149.07M
129.44M – 165.09M
+5.0% YoY
142.49M
122.91M – 160.53M
-4.4% YoY
141.43M
121.99M – 159.34M
-0.7% YoY
161.42M
139.23M – 181.85M
+14.1% YoY
EPS
0.40
est: -0.14 (+375.9%)
-0.04
est: 0.26 (-114.2%)
1.08
est: 0.62 (+74.2%)
0.60
est: 1.27 (-52.8%)
2.27
est: 2.28 (-0.2%)
1.12
est: 1.01 (+10.6%)
0.99
est: -0.16 (+730.8%)
-0.66
est: 0.81 (-181.0%)
2.59
est: 2.22 (+16.4%)
4.02
3.55 – 4.64
+80.6% YoY
4.43
3.04 – 5.89
+10.3% YoY
4.00
3.32 – 4.72
-9.8% YoY
3.53
2.90 – 4.11
-11.8% YoY
4.28
3.52 – 4.99
+21.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-06 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-05-05 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-05-04 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-05-01 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-30 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-29 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 B 3/5 1/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
942.73M
OE per share TTM
9.02
Owner's Yield
24.47%
Maintenance CapEx ratio
185.03%
Maint CapEx / Avg PPE
189.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
73.3K
Shares Outstanding
104.28M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
David Maxwell Strang Co-Founder & Executive Chairman 1M male
Makko DeFilippo President, Chief Executive Officer & Director 962.9K male
Wayne Drier Executive Vice President & Chief Financial Officer 814.8K male
Deepk Hundal Executive Vice President, Corporate Secretary & General Counsel 795.0K male
Gelson Batista Executive Vice President & Chief Operating Officer 707.9K male
Gelson da Silva Batista Executive Vice President & Chief Operating Officer 707.9K male
Courtney R. Lynn Executive Vice President, External Affairs and Strategy 699.5K female
Eduardo de Come Executive Vice President of Brazil male
Brett Ronald Hannigan Vice President of Corporate Development male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits