We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ero Copper's Tucuma Operation Reaches Commercial Production Milestone
Read MoreHide Full Article
Key Takeaways
Ero Copper declared commercial production at its Tucuma Operation effective July 1, 2025.
Production hit 6,400 tons in Q2, with June contributing 2,000 tons post filter press repair.
Metallurgical recovery and concentrate grades met or beat targets, fueling expected H2 growth.
Ero Copper Corp. (ERO - Free Report) announced that its Tucumã Operation has achieved commercial production, effective July 1, 2025. The achievement came after the third tailings filter was repaired and commissioned in April 2025.
Ero Copper’s Tucumã Operation to Deliver Growth in Q2
In June, following the installation of the third filter press and process plant modifications, Tucumã achieved sustained throughput rates above 75% of its design capacity.
The operation produced around 6,400 tons of copper in the second quarter of 2025, with approximately 2,000 tons generated from the latter half of June. Metallurgical recovery rates and copper concentrate grades have consistently met or exceeded targets. The company expects throughput to increase by the year-end, driving sequential copper production growth in the second half.
ERO’s Tucumã Operations’ Performance in Q1
The Tucumã operation in Brazil's Pará State produced 5,067 tons of copper in concentrate, with more than half of the output coming in March after planned maintenance was completed in the preceding months of January and February.
Ero Copper's first-quarter 2025 financial results showed improvement due to higher metals prices and growing production from the Tucumã Operation, leading to increases in net income and adjusted EBITDA compared with the fourth quarter of 2024.
Ero Copper Stock’s Price Performance
Shares of the company have lost 26.1% in a year compared with the industry’s 13.6% decline.
Carpenter Technology has an average trailing four-quarter earnings surprise of 11.1%. The Zacks Consensus Estimate for CRS’ 2025 earnings is pegged at $7.20 per share, which indicates year-over-year growth of 51.9%. Carpenter Technology shares have skyrocketed 111% last year.
SSR Mining has an average trailing four-quarter earnings surprise of 58.8%. The Zacks Consensus Estimate for SSRM’s 2025 earnings is pegged at $1.14 per share, implying year-over-year growth of 307%. SSR Mining stock has surged 88.6% last year.
ATI has an average trailing four-quarter earnings surprise of 12.54%. The Zacks Consensus Estimate for ATI’s 2025 earnings is pegged at $3.01 per share, indicating year-over-year growth of 22.4%. ATI shares have jumped 54% last year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ero Copper's Tucuma Operation Reaches Commercial Production Milestone
Key Takeaways
Ero Copper Corp. (ERO - Free Report) announced that its Tucumã Operation has achieved commercial production, effective July 1, 2025. The achievement came after the third tailings filter was repaired and commissioned in April 2025.
Ero Copper’s Tucumã Operation to Deliver Growth in Q2
In June, following the installation of the third filter press and process plant modifications, Tucumã achieved sustained throughput rates above 75% of its design capacity.
The operation produced around 6,400 tons of copper in the second quarter of 2025, with approximately 2,000 tons generated from the latter half of June. Metallurgical recovery rates and copper concentrate grades have consistently met or exceeded targets. The company expects throughput to increase by the year-end, driving sequential copper production growth in the second half.
ERO’s Tucumã Operations’ Performance in Q1
The Tucumã operation in Brazil's Pará State produced 5,067 tons of copper in concentrate, with more than half of the output coming in March after planned maintenance was completed in the preceding months of January and February.
Ero Copper's first-quarter 2025 financial results showed improvement due to higher metals prices and growing production from the Tucumã Operation, leading to increases in net income and adjusted EBITDA compared with the fourth quarter of 2024.
Ero Copper Stock’s Price Performance
Shares of the company have lost 26.1% in a year compared with the industry’s 13.6% decline.
ERO’s Zacks Rank & Stocks to Consider
ERO currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS - Free Report) , SSR Mining Inc. (SSRM - Free Report) and ATI Inc. (ATI - Free Report) . These three companies carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Carpenter Technology has an average trailing four-quarter earnings surprise of 11.1%. The Zacks Consensus Estimate for CRS’ 2025 earnings is pegged at $7.20 per share, which indicates year-over-year growth of 51.9%. Carpenter Technology shares have skyrocketed 111% last year.
SSR Mining has an average trailing four-quarter earnings surprise of 58.8%. The Zacks Consensus Estimate for SSRM’s 2025 earnings is pegged at $1.14 per share, implying year-over-year growth of 307%. SSR Mining stock has surged 88.6% last year.
ATI has an average trailing four-quarter earnings surprise of 12.54%. The Zacks Consensus Estimate for ATI’s 2025 earnings is pegged at $3.01 per share, indicating year-over-year growth of 22.4%. ATI shares have jumped 54% last year.