Ero Copper ( (TSE:ERO) ) has shared an announcement.
In 2024, Ero Copper Corp. achieved significant milestones, including the successful completion of the Tucumã Project, which contributed to a record fourth-quarter copper production. The company increased mineral reserves and resources at its Xavantina Operations and signed an agreement with Vale Base Metals for a 60% interest in the Furnas Copper-Gold Project. Financially, Ero Copper reported a cash flow from operations of $145.4 million and an adjusted EBITDA of $216.2 million, while reducing capital expenditures by nearly $165 million compared to 2023. The company also focused on environmental, social, and governance initiatives, investing in community programs and training managers on human rights and modern slavery risks.
More about Ero Copper
Ero Copper Corp. operates in the mining industry, focusing on copper and gold production. The company has operations in Brazil, including the Caraíba, Tucumã, and Xavantina mines, and is engaged in an advanced-stage project at the Furnas Copper-Gold Project. Ero Copper is headquartered in Vancouver, Canada, with additional offices in São Paulo and Belo Horizonte, Brazil.
YTD Price Performance: -9.46%
Average Trading Volume: 478,997
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.28B
Find detailed analytics on ERO stock on TipRanks’ Stock Analysis page.