Welcome to our dedicated news page for Ero Copper (Ticker: ERO), a resource for investors and traders seeking the latest updates and insights on Ero Copper.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ero Copper's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ero Copper's position in the market.
Rhea-AI Summary
Ero Copper Corp. announced the successful voting results of its Annual General Meeting of Shareholders, with a high turnout and approval of key proposals. Shareholders re-elected ten directors, set the number of directors at ten, re-appointed the auditor, and approved the advisory vote on executive compensation.
Rhea-AI Impact
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End-of-Day
2.47%
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Rhea-AI Summary
Ero Copper Corp. to Release First Quarter 2024 Financial Results and Host Conference Call on May 8, 2024
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End-of-Day
-1.86%
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Rhea-AI Summary
Ero Copper Corp. announces strong operating and financial results for Q4 and full year 2023, with record copper and gold production. The company achieved significant milestones in its growth initiatives, including the completion of the NX60 initiative and progress on the Tucumã Project. Financially, Ero reported net income of $92.8 million for the year, with adjusted EBITDA of $183.5 million. The company reaffirmed its 2024 production, cost, and capital expenditure guidance.
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End-of-Day
-5.38%
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Ero Copper Corp. announces 2023 production results, 2024 guidance, and three-year production outlook, highlighting record gold production and successful initiatives. The company expects significant growth in copper and gold production, with detailed cost and capital expenditure guidance.
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End-of-Day
4.25%
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Rhea-AI Summary
Ero Copper Corp. will release its Q4 and full year 2023 financial results on March 7, 2024, followed by a conference call on March 8, 2024. The call will be held at 11:30am Eastern time and 8:30am Pacific time. Investors and analysts can dial in to discuss the results and ask questions.
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Rhea-AI Sentiment
End-of-Day
-5.15%
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Ero Copper Corp. provides a construction update for the Tucumã Project, with physical completion at over 85% and production of copper concentrate scheduled to commence in H2 2024. Construction progress, commissioning plan, workforce mobilization, safety, and project capital estimate are highlighted, with an update of approximately $310 million in direct project capital expenditures. The company looks forward to reaching over 100,000 tonnes of consolidated copper production in 2025, aligning with the projected supply deficits in the copper market for 2024 and 2025.
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Rhea-AI Sentiment
End-of-Day
-0.06%
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Ero Copper Corp. (TSX: ERO, NYSE: ERO) successfully closed a bought deal offering of 9,010,000 common shares, generating approximately US$111 million in gross proceeds. The offering, led by BMO Capital Markets, aims to advance growth initiatives at the Company’s Tucumã Project and Caraiba Operations, as well as regional exploration in Brazil. The net proceeds will also be allocated for working capital and general corporate purposes.
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Rhea-AI Sentiment
End-of-Day
3.87%
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Ero Copper Corp. announces Q3 2023 operating and financial results. Copper production of 10,766 tonnes at C1 cash costs of $1.82 per pound. Gold production of 17,579 ounces at C1 cash costs and AISC of $371 and $844, respectively. Net income of $2.5 million. Adjusted net income of $17.3 million. Adjusted EBITDA of $42.9 million. Reaffirms full-year copper production guidance. Milestones achieved in strategic growth initiatives. Construction of Tucumã Project at 70% completion. Progress on Pilar Mine's new external shaft. Production from Matinha vein at Xavantina Operations. Available liquidity of $237.6 million at quarter-end. Expanded foreign exchange hedge program. Enters binding term sheet with Vale Base Metals for Furnas copper project.
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-0.22%
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Ero Copper Corp. has announced the appointment of Faheem Tejani to its Board of Directors as part of the company's ongoing Board succession planning. Director Matthew Wubs will not be seeking re-election at the 2024 Annual Meeting. Tejani brings 25 years of experience in finance, capital markets, and mergers and acquisitions. He is currently the President of Capital Asset Lending, a private mortgage administrator in Canada with approximately $1 billion of assets under management. Jill Angevine has been appointed as the new Chairperson of the Board's Audit Committee.
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Rhea-AI Sentiment
End-of-Day
2.03%
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Ero Copper Corp. has entered into a binding term sheet with Salobo Metais to advance its Furnas copper project in Brazil. Ero Copper will earn a 60% interest in the project by completing exploration, engineering, and development milestones over five years. Ero will solely fund the work program and grant Salobo Metais up to an 11.0% free carry on future project construction capital expenditures.
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Rhea-AI Sentiment
End-of-Day
-2.24%
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Ero Copper Corp.
NYSE:ERO
ERO Rankings
ERO Stock Data
2.10B
83.99M
11.05%
81.53%
1.68%
Copper, Nickel, Lead, and Zinc Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Vancouver