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Ero Copper Announces Record Copper Production and Financial Flexibility Enhancements

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Ero Copper Announces Record Copper Production and Financial Flexibility Enhancements

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Ero Copper ( (TSE:ERO) ) has shared an update.

Ero Copper Corp. reported record copper production in 2024, with its Caraíba Operations exceeding expectations while Tucumã Operations fell slightly short. Gold production at the Xavantina Operations was in line with original projections but below the increased guidance. Additionally, the company amended its revolving credit facility to enhance financial flexibility, increasing commitments to $200 million and extending the maturity date to 2028, which positions it well for future operational expansions.

More about Ero Copper

Ero Copper Corp. operates in the mining industry, focusing on the production of copper and gold. The company is listed on both the Toronto Stock Exchange and the New York Stock Exchange, and its operations include the Caraíba and Tucumã copper mines and the Xavantina gold operation.

YTD Price Performance: 1.02%

Average Trading Volume: 408,266

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.37B

See more insights into ERO stock on TipRanks’ Stock Analysis page.

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