Added to YB: 2024-05-20
Pitch date: 2024-05-19
ERO [bullish]
Ero Copper Corp.
+6.32%
current return
Author Info
Alberto's Substack uncovers situational value stocks positioned for both short and long term price appreciation. Sign up for the newsletter.
Company Info
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil.
Market Cap
CAD 1.5B
Pitch Price
CAD 32.74
Price Target
81.00 (+133%)
Dividend
N/A
EV/EBITDA
11.29
P/E
86.56
EV/Sales
4.39
Sector
Metals and Mining
Category
growth
Ero Copper Update: Raising Price Target
ERO: Raised PT to $81 (134% upside) on record Q1 gold production (low costs), ramping Tucuma copper project (97% complete, commercial production Q3), and exploration upside. Copper production to grow 35-64% YoY in 2024 with expanded operations. PT of $145 at $15k/t copper.
Read full article (3 min)