ERO Ero Copper Corp.
Price Chart
Executive Summary
Ero Copper reported record Q4 and full-year 2025 results, driven by strong copper and gold production, significantly improved financials, and robust cash flow. Full-year adjusted EBITDA surged nearly 90% year-over-year to $409.7 million, while net income turned sharply positive. The company reaffirmed 2026 guidance with expected production growth and highlighted progress on its Furnas growth project.
Key Financial Metrics
Actionable Insight
The sharp improvement in fundamentals and strong balance sheet position support continued outperformance. Traders should monitor H2 2026 production ramp-up and progress on the Furnas project as next catalysts.
Key Facts
- Record Q4 copper production of 19,706 tonnes; full-year 2025 copper production reached 64,307 tonnes
- Full-year 2025 adjusted EBITDA of $409.7 million, up nearly 90% YoY from $216.2 million
- Net income attributable to owners was $263.7 million ($2.53/share) in 2025 vs. a $68.5 million loss in 2024
- Cash flow from operations surged 171.7% YoY to $395.1 million
- Net debt leverage ratio improved to 1.2x from 2.6x in 2024
- Reaffirmed 2026 guidance: 67,500–77,500 tonnes copper and 40,000–50,000 oz gold production
Financial Impact
Revenue increased 67.1% YoY to $785.8 million; adjusted EBITDA up 89.6%; cash flow from operations up 171.7%
Risk Factors
- 2026 production weighted toward H2, which may pressure near-term output
- Higher expected copper C1 costs in H1 2026 ($2.15–$2.35/lb)
- Gold production and costs expected to be weakest in Q1 2026 due to operational transitions
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3250729 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 20, 2026
20d ago
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6-K
| $26.97 $28.18 | ▲ +4.49% | ▲ +3.25% | $26.90 (−0.26%) |
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Apr 1, 2026
9w ago
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6-K
| $28.10 $31.15 | ▲ +10.85% | ▲ +7.24% | $26.90 (−4.27%) |
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Apr 1, 2026
9w ago
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Press Release
| $28.10 $31.15 | ▲ +10.85% | ▲ +7.24% | $26.90 (−4.27%) |
|
Mar 30, 2026
10w ago
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6-K
| $26.67 $30.29 | ▲ +13.57% | ▲ +9.63% | $26.90 (+0.86%) |
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Mar 30, 2026
10w ago
|
Press Release
| $26.67 $30.29 | ▲ +13.57% | ▲ +9.63% | $26.90 (+0.86%) |
|
Mar 5, 2026
13w ago
|
Press Release
| $27.76 $26.12 | ▼ −5.91% | ▼ −4.38% | $26.90 (−3.10%) |
US Market Status
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