Opinions
Stockchase Insights
Ero Copper Corp
ERO-N
HOLD
Jul 11, 2025
$15.100
Stock price when the opinion was issued
Mining
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY ON WEAKNESS
Very well run. In a 2-year timeframe, it'll go higher. Very long-life deposit, very good production pipeline. He sold, as it exceeded all his goals for it and he wanted to divert $$ back into gold.
When thinking about base metals, think in timeframes of longer than one year. Because of the economic weakness we seem to be experiencing, it could take 2-3 years to fulfill its promise. Then, it will become an earnings machine and the market will reflect that.
Mining
ERO in June reached commercial operations at its Tucuma mine, which is good, but often results in some investors selling on news. Then, the copper market this week was sent into turmoil with Trump's import tax plan. ERO has received a couple of broker downgrades in the past month, but also received new brokerage coverage at Stifel. All in, we do not see any material negative news specifically to ERO. The stock remains up 4% for the year.
Unlock Premium - Try 5i Free