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Model output · Signal date 2026-11-06

Ero Copper Corp. (ERO) Stock Forecast Nov. 6, 2026

Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 5150 stocks scored
Rank correlation · 90D 3.0% Spearman, 357 dates
Market Cap $3.01B mid-cap · #10 of 41 peers
Summary

Ero Copper Corp. (ERO) stock forecast summary

Our AI scores Ero Copper Corp. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Ero Copper Corp. is a mid-cap company with a market capitalization of $3.01B. It ranks number 10 by market capitalization among the 41 Metal Mining issuers in our coverage with a current forecast.

For ERO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 3.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, ERO included.

Price

ERO price chart and AI forecast

ERO
Cross-section · 2026-11-06

How ERO ranks among 5150 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2025-12-31

Ero Copper Corp. (ERO) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Metal Mining peers listed below that report each metric.

Valuation & Market

MetricEROIndustry medianRank
Market Cap $3.01B $478M 10/41
P/E Ratio 7.31x 8.96x 8/12
EPS $3.95 – –
Revenue/Share $20.25 – –
FCF/Share $-4.56 – –

Profitability & Margins

MetricEROIndustry medianRank
ROE 41.7% -9.4% 5/22
ROA 20.3% -22.4% 4/28
ROIC 36.4% 1.8% 8/23
Gross Margin 41.2% 51.5% 8/13
Operating Margin 28.6% 24.8% 4/13
Net Margin 18.5% 13.0% 4/11
EBT Margin 23.4% 13.9% 6/15
Tax Rate 19.8% – –

Financial Health

MetricEROIndustry medianRank
Current Ratio 1.06x 1.87x 28/43
Quick Ratio 0.65x 0.97x 11/17
D/E Ratio 1.05x 0.69x 9/36
Financial Leverage 2.06x 1.79x 11/38
Working Capital $15M $10M 20/42

Cash Flow

MetricEROIndustry medianRank
Operating Cash Flow $847M -$1M 7/37
Free Cash Flow -$475M -$60M 12/14
Capital Spending -$1.32B -$311M 11/14
FCF/Sales -22.5% -2.4% 6/9
CapEx/Sales 62.6% 19.0% 2/9

Operational Efficiency

MetricEROIndustry medianRank
Asset Turnover 1.10x 0.67x 5/15
Inventory Turnover 11.6x 5.9x 3/8
Fixed Assets Turnover 1.3x 1.6x 9/14
Days Inventory 32 days 62 days 6/8
Payables Period 45 days 69 days 7/9

Income Statement

MetricEROIndustry medianRank
Total Revenue $2.11B $7.38B 9/15
Operating Income $604M -$1M 7/29
Net Income $390M -$2M 5/28
Cost of Goods Sold $1.24B $277M 6/13

Dividend & Shareholder Information

MetricEROIndustry medianRank
Shares Outstanding 104M – –

Balance Sheet Highlights (USD millions)

Total Current Assets$276M
Cash & Short-term Investments$105M
Inventory$107M
Total Liabilities$986M
Short-term Debt$107M
Quarterly Financial Reports

ERO quarterly financials and insider trading

Industry Peers · Metal Mining

Ero Copper Corp. (ERO) industry peers

Companies classified under the same SEC industry code as Ero Copper Corp. (Metal Mining): 48 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
ERO Ero Copper Corp. $3.01B 7.3x –
BHP Bhp Group Ltd $202.76B 11.2x –
SCCO Southern Copper Corp/ $141.23B 22.1x 10.5x
RIO Rio Tinto Plc $136.25B 4.3x –
FCX Freeport-Mcmoran Inc $83.15B 22.7x 4.0x
VALE Vale S.A. $48.88B – 0.6x
HBM Hudbay Minerals Inc. $9.14B 9.7x –
CLF Cleveland-Cliffs Inc. $6.54B – 1.2x
MP Mp Materials Corp. / De $6.31B – 3.2x
USAR Usa Rare Earth, Inc. $3.09B – 1.2x
ALM Almonty Industries Inc. $2.34B – –
NEXA Nexa Resources S.A. $1.51B – –
IE Ivanhoe Electric Inc. $1.12B 8.3x 2.3x
USAS Americas Gold & Silver Corp $990M – –
TMC Tmc The Metals Co Inc. $913M 2.7x –
CRML Critical Metals Corp. $864M – –
DC Dakota Gold Corp. $798M – 4.3x
ASM Avino Silver & Gold Mines Ltd $718M 16.6x –
LAC Lithium Argentina Ag $708M – –
SGML Sigma Lithium Corp $596M – –
GSM Ferroglobe Plc $478M – –
NB Niocorp Developments Ltd $423M – 1.0x
ALOY Realloys Inc. $422M – 2.2x
THM International Tower Hill Mines Ltd $403M – 2.4x
WRN Western Copper & Gold Corp $348M 19.5x –
LZM Lifezone Metals Ltd $334M – –
REA Rare Earths Americas, Inc. $161M – 1.9x
COBA Chilean Cobalt Corp. $125M – 26.8x
PZG Paramount Gold Nevada Corp. $84M – 2.5x
THMG Thunder Mountain Gold Inc $62M – –
AEC Anfield Energy Inc. $53M – –
WWR Westwater Resources, Inc. $49M – 0.3x
NEXM Nexmetals Mining Corp. $43M 1.2x –
SRGZ Star Gold Corp. $37M – 14.5x
COPR Idaho Copper Corp $23M – 2.1x
DYNR Dynaresource, Inc. $13M 3.2x 3.0x
LTUM Lithium Corp $6M – –
MAGE Magellan Copper & Gold Corp $3M – –
SVBL Silver Bull Resources, Inc. $2M – –
LBSR Liberty Star Uranium & Metals Corp. $2M – –
ENRT Enertopia Corp. $330K – 5.6x
ACRL Atacama Resources International, Inc. N/A – –
ADMG Adamant Dri Processing & Minerals Group N/A – –
AMLM American Lithium Minerals, Inc. N/A – –
BHLL Bunker Hill Mining Corp. N/A – –
GSTX Graphene & Solar Technologies Ltd N/A – –
HNOI Hno International, Inc. N/A – –
RYES Rise Gold Corp. N/A – –

Where ERO sits on the market map

Energy & Transportation · Metal Mining
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News

Ero Copper Corp. (ERO) stock news

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FAQ

Ero Copper Corp. (ERO) stock forecast FAQ

What is the Ero Copper Corp. (ERO) stock forecast?

Our AI scores Ero Copper Corp. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Ero Copper Corp. stock predictions?

For ERO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 3.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Ero Copper Corp. forecasts updated?

Ero Copper Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.

Which companies are Ero Copper Corp.'s industry peers?

48 issuers in our coverage, ERO included, share the SEC industry code Metal Mining. The largest are: Bhp Group Ltd (BHP), Southern Copper Corp/ (SCCO), Rio Tinto Plc (RIO), Freeport-Mcmoran Inc (FCX), Vale S.A. (VALE), Hudbay Minerals Inc. (HBM).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.