Ero Copper Corp's stock has shown notable movement this week, reflecting investor sentiment and company developments.
Ero Copper Corp (ERO.TO) has experienced a significant uptick in its stock performance this week, with a 23.62% increase, following the release of its Q1 2026 financial results. The company reported strong production numbers, contributing to a positive outlook among investors.
Investor takeaway: With a robust profit margin and strong production results, Ero Copper continues to attract attention. However, investors should consider the stock's volatility, as indicated by its beta of 1.59, before making any investment decisions.
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Ero Copper Corp
ERO.TO
ERO.TO
Ero Copper Corp
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Market cap
$5.26B
P/E
12.2x
52W high
$53.69
52W low
$18.57
1W change
+23.62%
Beta
1.59
Analyst Price Targets
Based on analyst covering ERO
Wall Street analysts forecast ERO stock price to fall 0.1% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$50.41
-0.1% Upside
Current Price
C$50.46
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERO's historical volatility
30-Day Vol
63.9%
Annualized
90-Day Vol
67.8%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$60.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$53.55 | C$42.96 – C$66.77 |
| 60 trading days | C$56.84 | C$41.61 – C$77.64 |
| 90 trading days | C$60.33 | C$41.18 – C$88.38 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Ero Copper Corp Reports Strong Q1 2026 Results
The company reported copper production of 17,287 tonnes and gold production of 5,495 ounces in Q1 2026, contributing to a net income of $108.8 million.
Bull case
The strong production results and consistent high-grade output at the Furnas Project suggest a positive operational outlook. This could lead to sustained growth and profitability for the company.
Bear case
Despite recent gains, the stock's high beta indicates potential volatility. Any unexpected operational challenges could impact future performance.
Recent Price Action
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Ero Copper Corp's stock closed at C$50.24, reflecting a 1D decrease of 0.92%. However, the stock has shown impressive growth over the past week, up 23.62%. This upward trend is indicative of positive investor sentiment following the recent financial results.
Company News and Developments
Ero Copper recently reported its Q1 2026 financial results, highlighting a strong operational performance with copper production of 17,287 tonnes and gold production of 5,495 ounces. The company also confirmed high-grade continuity at its Furnas Copper-Gold Project, which is expected to enhance future production capabilities. Additionally, the company is set to release its Q2 2026 results on August 5, 2026, which may further influence investor sentiment.
Technical Picture
Analyzing Ero Copper's technical indicators, the stock is currently trading significantly above its 50-day moving average of C$39.11 and its 200-day moving average of C$38.27, with respective increases of 28.5% and 31.3% compared to the current price. The stock's 52-week range is between C$18.57 and C$53.69, indicating that it is trading at approximately 90% of its range. The stock has a beta of 1.59, suggesting higher volatility compared to the broader market. Recent trading volume has also been robust, with the latest volume at 260,410 shares, which is 1.31 times the 20-day average volume of 395,483 shares.
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