Earnings ·
Reports Q3 net income of $116.2M, or $1.10 per diluted share
EROEro Copper Corp.
Ero Copper reported record third-quarter 2026 financial results with revenues of $348.0 million and net income attributable to owners of the Company of $116.2 million, representing a 30% increase quarter-on-quarter. Consolidated copper production reached 18,345 tonnes in concentrate, up 6% sequentially, while gold output from the Xavantina Operations rose 23% to 25,258 ounces. The company accelerated deleveraging by repaying $70.0 million under its senior secured revolving credit facility during the quarter, reducing total balance sheet debt to $467.5 million and net debt to $353.5 million. Ero reaffirmed full-year consolidated copper production guidance of 67,500 to 77,500 tonnes but updated consolidated copper C1 cash cost guidance upward to $2.25–$2.45 per pound due to inflationary pressures and a stronger Brazilian real. The company operates copper and gold mines in Brazil.