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Ero Copper Corp

Basic Materials CA ERO

22.31CAD
-0.18(0.80%)

Last update at 2024-11-20T19:27:00Z

Day Range

22.2322.64
LowHigh

52 Week Range

15.7432.89
LowHigh

Fundamentals

  • Previous Close 22.49
  • Market Cap2384.26M
  • Volume92945
  • P/E Ratio85.48
  • Dividend Yield-%
  • EBITDA166.97M
  • Revenue TTM464.13M
  • Revenue Per Share TTM4.56
  • Gross Profit TTM 187.18M
  • Diluted EPS TTM0.27

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 126.38M 236.92M 61.42M 74.83M 2.66M
Minority interest -1.23600M -1.57900M 1.37M 0.83M 0.30M
Net income 103.07M 201.05M 51.62M 91.88M -3.15500M
Selling general administrative 57.08M 46.41M 37.00M 39.08M 31.75M
Selling and marketing expenses - - - - -
Gross profit 187.18M 318.86M 188.14M 117.06M 82.23M
Reconciled depreciation 58.97M 47.29M 39.35M 46.17M 45.30M
Ebit 126.70M 264.01M 154.10M 93.36M 17.46M
Ebitda 185.67M 311.30M 193.45M 139.53M 62.76M
Depreciation and amortization 58.97M 47.29M 39.35M 46.17M 45.30M
Non operating income net other - - - - -
Operating income 126.70M 264.01M 154.10M 93.36M 46.23M
Other operating expenses 298.80M 218.83M 164.95M 188.31M 186.87M
Interest expense 21.13M 5.59M 10.15M 11.60M 14.96M
Tax provision 23.32M 34.29M 8.93M -17.62600M 5.65M
Interest income 9.97M 24.10M 1.35M 16.56M 35.04M
Net interest income -21.63300M -8.56000M -10.48100M -16.21900M -17.49200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 23.32M 34.29M 8.93M -17.62600M 5.65M
Total revenue 426.39M 489.92M 324.08M 284.84M 233.10M
Total operating expenses 59.58M 47.77M 29.01M 20.53M 35.99M
Cost of revenue 239.22M 171.06M 135.94M 167.78M 150.88M
Total other income expense net -0.32000M -27.08900M -92.67500M -18.53300M -43.57300M
Discontinued operations - - - - -
Net income from continuing ops 103.07M 202.63M 52.50M 92.45M -2.99100M
Net income applicable to common shares 101.83M 201.05M 51.62M 91.88M -3.15500M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1511.69M 1188.08M 689.76M 497.10M 462.67M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 4.72M 6.67M 6.72M 5.23M 10.15M
Total liab 702.36M 645.91M 294.27M 283.02M 263.62M
Total stockholder equity 804.25M 538.59M 393.06M 212.70M 198.22M
Deferred long term liab - - - - -
Other current liab 50.39M 47.68M 79.08M 63.30M 36.53M
Common stock 271.34M 148.06M 133.07M 126.15M 120.49M
Capital stock 271.34M 148.06M 133.07M 126.15M 120.49M
Retained earnings 549.53M 456.73M 354.89M 153.84M 102.22M
Other liab - 109.70M 114.31M 35.40M 41.20M
Good will - - - - -
Other assets - 24.69M 3.61M 14.83M 21.71M
Cash 111.74M 177.70M 130.13M 62.51M 21.48M
Cash and equivalents - 177.70M 130.13M 62.51M 21.48M
Total current liabilities 173.80M 129.12M 122.66M 91.72M 80.48M
Current deferred revenue 17.16M 16.58M 10.51M 36.76M 35.87M
Net debt 334.10M 251.32M -63.76900M 107.34M 141.53M
Short term debt 31.38M 21.93M 9.05M 13.94M 22.14M
Short long term debt 20.38M 15.70M 4.34M 12.54M 18.98M
Short long term debt total 445.84M 429.02M 66.36M 169.85M 163.02M
Other stockholder equity - -77.37400M -107.08300M -82.92800M -33.57300M
Property plant equipment - 770.96M 477.47M 354.73M 365.39M
Total current assets 199.49M 392.43M 208.69M 127.54M 75.56M
Long term investments - - - - 1.20M
Net tangible assets - 538.59M 393.06M 212.70M 198.22M
Short term investments 0.00000M 139.70M - - -
Net receivables 28.27M 32.78M 45.81M 34.31M 24.55M
Long term debt 405.85M 402.35M 54.91M 155.56M 140.39M
Inventory 42.25M 30.95M 26.02M 25.50M 19.38M
Accounts payable 74.88M 42.93M 24.01M 14.48M 21.81M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -16.61600M -66.18900M -94.91000M -67.29100M -24.48900M
Additional paid in capital - - - - -
Common stock total equity - - - 126.15M 120.49M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 28.95M 24.69M 1.29M 0.61M 8.62M
Deferred long term asset charges - - - - -
Non current assets total 1312.20M 795.65M 481.08M 369.56M 387.11M
Capital lease obligations 19.60M 10.96M 7.11M 1.75M 3.65M
Long term debt total - 407.09M 57.30M 155.91M 140.87M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -425.80600M 2.31M 1.25M -106.74100M -100.97400M
Change to liabilities -0.61400M 10.37M -3.88500M 9.72M 8.56M
Total cashflows from investing activities -425.80600M -179.52600M -116.55600M -106.74100M -100.97400M
Net borrowings 338.42M -112.61200M 7.24M -7.52000M 14.12M
Total cash from financing activities 327.30M -115.43000M 0.29M -18.02100M -7.33200M
Change to operating activities -13.83600M -10.95900M 13.98M -4.59300M -4.38100M
Net income 103.07M 202.63M 52.50M 92.45M -2.99100M
Change in cash 47.57M 67.62M 41.02M 2.54M -32.20600M
Begin period cash flow 130.13M 62.51M 21.48M 18.94M 51.15M
End period cash flow 177.70M 130.13M 62.51M 21.48M 18.94M
Total cash from operating activities 143.39M 364.59M 162.84M 127.83M 82.94M
Issuance of capital stock - - 4.40M 1.94M 1.64M
Depreciation 58.97M 47.29M 39.35M 46.17M 45.30M
Other cashflows from investing activities -129.98700M 2.31M 1.25M -0.46700M 0.20M
Dividends paid 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change to inventory -1.70900M -2.32500M -6.36000M -5.94600M -5.22500M
Change to account receivables -1.87000M -12.18000M -13.26600M -0.75600M -4.61600M
Sale purchase of stock 8.80M 5.55M 4.40M 1.94M 1.64M
Other cashflows from financing activities 390.38M 2.65M 57.65M 25.42M 118.39M
Change to netincome -1.57600M 130.27M 81.40M -8.65100M 46.46M
Capital expenditures 295.82M 181.83M 117.81M 106.27M 101.17M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -18.02900M -15.09800M -9.53200M -3.35900M -5.66000M
Stock based compensation 7.93M 7.85M 9.06M 5.79M 3.23M
Other non cash items -31.86800M 87.63M 71.42M 25.98M 37.42M
Free cash flow -152.43300M 182.76M 45.03M 21.56M -18.23000M

Peer Comparison

Sector: Basic Materials Industry: Copper

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ERO
Ero Copper Corp
-0.18 0.80% 22.31 85.48 4.85 5.14 2.41 4.85 18.94
FM
First Quantum Minerals Ltd
0.09 0.49% 18.46 - 47.39 3.34 1.02 3.58 92.79
LUN
Lundin Mining Corporation
- -% 14.24 28.94 14.20 2.60 1.55 2.29 5.80
CS
Capstone Mining Corp
-0.11 1.08% 10.09 - 12.41 5.01 2.03 4.79 36.74
HBM
HudBay Minerals Inc
-0.1 0.79% 12.62 31.92 10.63 2.51 1.49 2.17 5.82

Reports Covered

Stock Research & News

Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Ero Copper Corp

625 Howe Street, Vancouver, BC, Canada, V6C 2T6

Key Executives

Name Title Year Born
Mr. Christopher Noel Dunn CMA Exec. Chairman 1960
Mr. David Maxwell Strang CEO & Director 1968
Mr. Makko DeFilippo Pres NA
Mr. Wayne Drier Chief Financial Officer NA
Ms. Anthea Bath Chief Operating Officer NA
Mr. Michel Richard Chief Geological Officer NA
Ms. Courtney R. B. Lynn VP of Corp. Devel. & Investor Relations 1982
Mr. Deepk Hundal Sr. VP, Gen. Counsel & Corp. Sec. NA
Mr. Eduardo de Come Chief Exec. Officer of Ero Brazil 1966
Mr. Pablo Mejia-Herrera VP of Exploration NA

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