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Recent Updates — ERO

August 5, 2026View Source ↗

Ero Copper Corp. reported second quarter 2026 results with revenues of $284.3 million and net income attributable to owners of $89.5 million ($0.85 diluted per share). Consolidated copper production reached 17,315 tonnes at C1 cash costs of $2.42 per pound, while gold production from the Xavantina Operations surged 170% quarter-over-quarter to 20,553 ounces. Cash flow from operations increased approximately 49% to $137.9 million, and available liquidity rose by $35.5 million to $181.7 million. The company repaid an additional $25.0 million on its Senior Revolving Credit Facility subsequent to quarter-end, bringing total 2026 repayments to $60.0 million and reducing net debt leverage to 0.8x. Ero reaffirmed full-year copper production guidance of 67,500 to 77,500 tonnes and maintained gold production guidance at the low end of 40,000 to 50,000 ounces, while updating mined gold cost guidance upward to $1,100–$1,350 per ounce C1. The company operates copper and gold mines in Brazil.