Ero Copper Corp. (ERO) Delivers Robust Earnings Growth on Operational Efficiencies

Ero Copper Corp. (NYSE:ERO) is one of the best copper stocks to buy according to hedge funds. On August 1, the company delivered its second-quarter results, which showed improvements in production and operational efficiency. Consequently, it achieved an adjusted EBITDA of $82.7 million and an adjusted net income of $0.46 per share, representing a 31% increase from the first quarter. Cash flow from operations improved to $90.3 million from $65 million in the previous quarter.

Ero Copper Corp. (ERO) Delivers Robust Earnings Growth on Operational Efficiencies

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During the quarter, Ero Copper produced 15,513 tons of copper and 7,743 ounces of gold. Copper production at the Caraiba’s mine was up 25% quarter over quarter to 9,200 tons as cash costs at the mine declined 7% to $2.07/ib. Cost reduction was driven by operational enhancements, optimized maintenance routines, and improved water management.

Ero Copper also achieved a significant milestone at Tacuma, where commercial production commenced on July 1, 2025. Copper production was up 25% quarter over quarter to 6,400 tons, with throughput levels exceeding 75% of design capacity.

In the second half of 2025, Ero Copper anticipates consecutive output increases at Tucumã and Caraíba. As previously mentioned in its strategic objectives, the company’s emphasis on deleveraging puts it in a position to perhaps start generating shareholder returns.

Ero Copper Corp. (NYSE:ERO) is a high-growth copper producer with operations in Brazil. The company focuses on producing and selling copper, with gold and silver as by-products. Its flagship projects include the Caraíba Operations (underground and open-pit copper mines) and the Tucumã Operation (an open-pit copper mine) in Brazil.

While we acknowledge the potential of Ero Copper Corp. (NYSE:ERO) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ERO and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.

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