Ero Copper (ERO.TO) Stock Price

Ero Copper Price

🇨🇦TSX·CLOSED
31.85USD
Market closed
Today +/-
Today %

Ero Copper (ERO.TO) Stock | ISIN CA2960061091 | WKN A2H5RW. The current Ero Copper stock price is 31.85 USD (2026). Revenue is 1.17 B USD. Net income is 398.42 M USD. The P/E ratio is 8.24. Market capitalization is 3.28 B USD. Ero Copper operates in the Commodities sector.

Revenue has compounded at 22.2% per year over the past 7 years to 470.26 M USD. Earnings per share have grown at 19.2% per year over the last 6 years. Ero Copper's net margin stands at -14.6%, down from 15.9% several years earlier.

Ero Copper stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Ero Copper over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Ero Copper stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Ero Copper's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Ero Copper Stock Price History
DateEro Copper Price
Access this data via the Eulerpool API

Ero Copper Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2016
0 USD
-5.5 M USD
-3 M USD
Jan 1, 2017
115.4 M USD
-7.5 M USD
22.5 M USD
Jan 1, 2018
233.1 M USD
50 M USD
-3.2 M USD
Jan 1, 2019
284.8 M USD
78.5 M USD
91.9 M USD
Jan 1, 2020
324.1 M USD
151.1 M USD
51.6 M USD
Jan 1, 2021
489.92 M USD
272.16 M USD
201.05 M USD
Jan 1, 2022
426.39 M USD
129.79 M USD
101.83 M USD
Jan 1, 2023
427.48 M USD
95.2 M USD
92.8 M USD
Jan 1, 2024
470.26 M USD
120.97 M USD
-68.48 M USD
Invalid Date
785.19 M USD
290.65 M USD
225.08 M USD
Invalid Date
1.17 B USD
609.92 M USD
398.42 M USD
Invalid Date
1.19 B USD
587.43 M USD
404.3 M USD
Invalid Date
1.04 B USD
497.68 M USD
351.61 M USD
Invalid Date
1.08 B USD
475.19 M USD
339.22 M USD

Ero Copper Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 3:22 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
20242025e2026e2027e2028e2029e2030e2031e
0.470.791.171.191.041.080.960.89
10.0767.0249.31.71-12.423.07-10.69-7.39
38.322.9315.3615.117.2416.7318.7320.22
180180180180180180180180
-68225398404351339245232
-173.91-430.8876.891.51-13.12-3.42-27.73-5.31
103.11103.11103.11103.11103.11103.11103.11103.11
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Ero Copper generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Ero Copper retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Ero Copper's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Ero Copper has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Ero Copper's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Ero Copper stock margins

The Ero Copper margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ero Copper. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ero Copper.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
38.39 %
- %
- %
Jan 1, 2017
11.18 %
-6.5 %
19.5 %
Jan 1, 2018
35.26 %
21.45 %
-1.37 %
Jan 1, 2019
41.12 %
27.56 %
32.27 %
Jan 1, 2020
58.04 %
46.62 %
15.92 %
Jan 1, 2021
65.08 %
55.55 %
41.04 %
Jan 1, 2022
43.9 %
30.44 %
23.88 %
Jan 1, 2023
36.69 %
22.27 %
21.71 %
Jan 1, 2024
38.39 %
25.72 %
-14.56 %
Invalid Date
38.39 %
37.02 %
28.67 %
Invalid Date
38.39 %
52.04 %
33.99 %
Invalid Date
38.39 %
49.28 %
33.92 %

Ero Copper Stock Revenue, EBIT, Earnings per Share

The Ero Copper earnings per share therefore indicates how much revenue Ero Copper has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
0 USD
-0.07 USD
-0.04 USD
Jan 1, 2017
1.75 USD
-0.11 USD
0.34 USD
Jan 1, 2018
2.78 USD
0.6 USD
-0.04 USD
Jan 1, 2019
3.12 USD
0.86 USD
1.01 USD
Jan 1, 2020
3.52 USD
1.64 USD
0.56 USD
Jan 1, 2021
5.39 USD
2.99 USD
2.21 USD
Jan 1, 2022
4.63 USD
1.41 USD
1.1 USD
Jan 1, 2023
4.5 USD
1 USD
0.98 USD
Jan 1, 2024
4.56 USD
1.17 USD
-0.66 USD
Invalid Date
7.62 USD
2.82 USD
2.18 USD
Invalid Date
11.37 USD
5.92 USD
3.86 USD
Invalid Date
11.56 USD
5.7 USD
3.92 USD

Ero Copper business model & stock analysis

Ero Copper Corp is a Canadian mining company focused on the exploration, development, and production of copper concentrates and gold. The company was founded in 2016 and is headquartered in Vancouver, British Columbia. The company's business strategy aims to increase production at its own mine complex in the Bahia region of Brazil through exploration success, operational optimization, and vertical integration. Ero Copper Corp is working towards becoming one of the leading copper producers in Brazil. Ero Copper Corp has three main activities focusing on the exploration, development, and production of copper concentrates and gold. The company currently operates in the Mineração Caraíba and MCSA mines, as well as the idled Vermelhos mine. Mineração Caraíba is an established copper producer and one of the oldest iron ore mines in Brazil. The operation includes a mine, processing plant, and power supply infrastructure. The company has made significant investments in expanding the mine, processing plant, and power supply infrastructure in recent years. The MCSA mine consists of multiple deposits and is located approximately 8 km northwest of the Mineração Caraíba mine. It is a significant gold and copper mine with a long history of production dating back to the 1820s. Ero Copper Corp acquired the Vermelhos mine in 2016, which is a high-grade copper mine where Ero has discovered a significant, yet to be mined, copper resource. The company plans to bring Vermelhos into production and is currently undertaking an extensive exploration program there. The company sells its copper concentrates to customers in North and South America, Europe, and Asia. The copper concentrates are produced at the company's processing plant, which has an annual capacity of 6 million tonnes. Ero Copper Corp is committed to operating as an environmentally friendly operation and protecting its employees, as well as engaging with communities in the region through its operations. The company has implemented waste disposal, water treatment, and pollutant emission control programs. The company also has a social responsibility and has initiated programs to create good working conditions, support education and health, as well as promote economic development and cultural promotion in the region. In summary, Ero Copper Corp is a Canadian mining company focused on the exploration, development, and production of copper concentrates and gold. It currently operates three main activities in the Bahia region of Brazil, focusing on the Mineração Caraíba, MCSA, and Vermelhos mines. The company aims to become a leading copper producer in Brazil while prioritizing environmentally friendly production and social responsibility.

Ero Copper SWOT Analysis

Strengths

Ero Copper Corp possesses several strengths that contribute to its competitive advantage in the market.

Ero Copper Corp has consistently demonstrated impressive financial performance, characterized by steady revenue growth and healthy profit margins. This financial strength provides them with the resources necessary to invest in expansion, research and development, and other strategic initiatives.

The company owns and operates high-quality copper assets, which are key drivers of its success. These assets contribute to Ero Copper Corp's ability to consistently produce and supply copper to meet market demand.

Weaknesses

Despite its strengths, Ero Copper Corp also has some weaknesses that could hinder its growth and performance in the market.

The company's copper assets are concentrated in a specific geographic region, making it susceptible to regional economic and political risks. Any disruptions or unfavorable developments in this region could have a significant impact on Ero Copper Corp's operations.

Ero Copper Corp primarily focuses on copper production, which leaves them vulnerable to fluctuations in copper prices. Limited product diversification exposes the company to market risks associated with the volatile nature of the copper industry.

Opportunities

Ero Copper Corp can leverage certain opportunities to further enhance its market position and drive growth.

The increasing demand for copper in various industries, especially in the renewable energy and electric vehicle sectors, presents a significant opportunity for Ero Copper Corp to expand its customer base and sales volumes.

The company can explore strategic acquisitions and partnerships to broaden its geographical presence and diversify its product portfolio. This would help mitigate risks associated with concentration and provide access to new markets.

Threats

Ero Copper Corp faces several threats that could adversely affect its performance and market position.

The global copper market is subject to price fluctuations influenced by factors such as economic conditions, supply-demand dynamics, and geopolitical events. These price fluctuations can impact Ero Copper Corp's profitability and financial stability.

The copper industry is highly competitive, with numerous global and regional players. Intense competition poses challenges for Ero Copper Corp in terms of market share, pricing, and maintaining customer relationships.

Ero Copper Eulerpool Fair Value

Ero Copper historical P/E ratio, EBIT multiple, and P/S ratio

Ero Copper annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Ero Copper shares outstanding

The number of shares was Ero Copper in 2025 — This indicates how many shares 103.106 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
74.6 M base_Shares
Jan 1, 2017
66 M base_Shares
Jan 1, 2018
83.9 M base_Shares
Jan 1, 2019
91.4 M base_Shares
Jan 1, 2020
92.2 M base_Shares
Jan 1, 2021
90.96 M base_Shares
Jan 1, 2022
92.17 M base_Shares
Jan 1, 2023
94.9 M base_Shares
Jan 1, 2024
103.11 M base_Shares
Invalid Date
103.11 M base_Shares
Invalid Date
103.11 M base_Shares
Invalid Date
103.11 M base_Shares
Price targets and forecasts for Ero Copper are not yet available.

Ero Copper Earnings Estimates

Ero Copper Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/6/20240.24USD-USD2024 Q1
3/5/20240.27USD124.75 MUSD2023 Q4
7/31/20230.24USD-USD2023 Q2
5/8/20230.22USD-USD2023 Q1
3/6/20230.24USD103.46 MUSD2022 Q4
11/1/20220.21USD101.99 MUSD2022 Q3
8/2/20220.47USD133.71 MUSD2022 Q2
5/9/20220.41USD119.21 MUSD2022 Q1
3/8/20220.6USD130.2 MUSD2021 Q4
11/10/20210.49USD108.25 MUSD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Ero Copper stock

88/100
92
Environment
99
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions55,037
Scope 2 - Indirect emissions from purchased energy16,634
Scope 3 - Indirect emissions within the value chain79,077
Total CO₂ emissions71,670
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees13.333
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Ero Copper shareholder structure

% Name
11.55098%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
8.42242%
T. Rowe Price Associates, Inc.
T. Rowe Price Associates, Inc.
7.24209%
GMT Capital Corp.
GMT Capital Corp.
5.32197%
Jennison Associates LLC
Jennison Associates LLC
3.08513%
Strang (David Maxwell)
Strang (David Maxwell)
2.93387%
Fidelity Investments Canada ULC
Fidelity Investments Canada ULC
2.92985%
T. Rowe Price International Ltd
T. Rowe Price International Ltd
2.18879%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
1.8518%
Dunn (Christopher Noel)
Dunn (Christopher Noel)
1.59891%
Impala Asset Management, LLC
Impala Asset Management, LLC
...

Ero Copper Executives and Management Board

DS

Mr. David Strang

(56)

Executive Chairman of the Board · since 2016

Compensation2.34 M USD
MD

Mr. Makko Defilippo

(38)

President, Chief Executive Officer, Director · since 2017

Compensation2.15 M USD
GB

Mr. Gelson Batista

Chief Operating Officer, Executive Vice President

Compensation1.47 M USD
MR

Mr. Michel Richard

Chief Geological Officer

Compensation1.45 M USD
WD

Mr. Wayne Drier

Chief Financial Officer, Executive Vice President

Compensation1.24 M USD

Frequently asked questions about Ero Copper

Ero Copper Corp's business model revolves around the exploration, development, and production of copper and gold deposits. The company focuses on acquiring and advancing high-quality mining projects in Brazil, allowing them to generate substantial returns. With a strong emphasis on operational efficiency and cost management, Ero Copper Corp leverages its expertise in mining to maximize the value of its assets. Through responsible and sustainable practices, the company aims to become a leading global copper producer, contributing to the growth of the industry. Trust in Ero Copper Corp's dedicated team and strategic approach to create long-term value for shareholders.

All fundamentals and in-depth analysis of Ero Copper

Our stock analysis for Ero Copper Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ero Copper Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.