$ERO.TO

Ero Copper Confirms High-Grade Continuity, Extends Known Mineralization at Furnas Project in Brazil

Ero Copper (ERO.TO) confirmed high-grade continuity and extended the known mineralization at the Furnas copper-gold project in Brazil, the company said Wednesday.Assay results include 90 meters at 1.13% copper equivalent, including 32 meters at 1.70% copper equivalent; and 45 meters at 1.25% copper equivalent, including 20 meters at 1.98% copper equivalent."Every drill result from Furnas reinforces the scale, quality and growth potential of the deposit," President and Chief Executive Officer Makko DeFilippo said."High-grade continuity within the SE and NW zones remains strong, and new step-out drilling in the Central zone, near planned infrastructure, highlights new opportunities to build upon an already compelling [preliminary economic assessment] mine plan," DeFilippo added.Ero has completed over 75,000 m of drilling through the end of May, with assay results currently available for approximately 52,000 m. There are ten drill rigs operating at the project, and the deposit remains open to depth and along strike, the company said.

TSX Closer: Index Down In All But 1 of the Last 8 Sessions; Morningstar Cites 10 Top-Performing Dividend Stocks

The Toronto Stock Exchange has closed lower in all but one of the last eight sessions, with the latest losses on this Tuesday coming as U.S. Defense Secretary Pete Hegseth said the US-Iran ceasefire "is not over" despite attacks in the Strait of Hormuz yesterday.The S&P/TSX Composite Index closed down 71.96 points, or 0.2%, at 33.566.91, even as most sectors were higher, led by Health Care, up 2.5%, followed By Base Metals, up 2%, and Energy, up 1.4%. Information Technology was down near 4.2% and the Battery Metals Index was down 2.6%.Among individual stocks, BNN Bloomberg TV cited Ero Copper, up more than 5% today and up just short of 100% over one year. The company reported first-quarter results earlier Tuesday. BNN also cited Parex Resources (PXT.TO), up near 5% as Frontera (FEC.TO) obtained a final order approving their plan of arrangement.On the negative side, BNN cited Shopify (SHOP.TO), down more than 15% after its Q1 results, and Keyera (KEY.TO), which lost more than 7% as the Competition Bureau moved to block its $5.15-billion acquisition of Plains All American Pipelines Canadian natural-gas liquids business.Still on individual stocks, Morningstar Canada said the top performing dividend payers in April included engineering and construction company Aecon (ARE.TO), Canadian Imperial Bank of Commerce (CM.TO), and asset management firm IGM Financial (IGM.TO). Morningstar noted dividend-paying stocks that "combine healthy balance sheets with hefty yields" can provide investors with "steady incomes, cushion against market downturns, and grow investments at a healthy clip".A screening of the Morningstar Canada Index, which measures the performance of Canada's broad regional markets, targeting the top 97% of stocks by market capitalization, for companies with a forward dividend yield of at least 1.5%, excluding real estate investment trusts, showed the best performing Canadian dividend stocks last month. This included the aforementioned Aecon, CIBC and IGM. The list also included National Bank of Canada (NA.TO), TD Bank Group (TD.TO), Industrial Alliance Insurance and Financial Services (IAG.TO), Power Corporation of Canada (POW.TO), TMX Group (X.TO), Sun Life Financial (SLF.TO) and Superior Plus (SPB.TO).Of commodities, gold traded higher by midafternoon, rising off a five-week low as treasury yields weakened. Gold for June delivery was up US$35.60 to US$4,568.90 per ounce.But West Texas Intermediate crude oil fell 3.9% with the ceasefire between the United States and Iran seen holding, calming Monday's gains as violence in the Persian Gulf eased. WTI crude oil for June delivery closed down US$4.15 to settle at US$102.27 per barrel, after rising 4.4% on Monday, while July Brent oil was down US$4.24 to US$110.20.

Ero Copper Upgraded To Outperform From Sector Perform With National Bk on FCF Outlook and "Relative Insulation from Ongoing Cost Pressures"

Ero Copper Upgraded To Outperform From Sector Perform With National Bk on FCF Outlook and "Relative Insulation from Ongoing Cost Pressures"

Ero Copper Maintained at Hold at Stifel Canada After Q1 Results; Price Target Kept at C$52.00

Stifel Canada on Tuesday maintained its hold rating on the shares of Ero Copper (ERO.TO) and its C$52.00 price target following the miner's first-quarter results."Ero reported Q1/26 adjusted EPS of $0.69 vs. our $0.60 (consensus $0.58) and adjusted EBITDA of $125Mln vs. our $107Mln (consensus $118Mln) on copper production of 17.3Kt (higher vs. our 16.5Kt) at C1 cash cost of $2.39/lb (in-line vs. our $2.41/lb) and gold production of 5.5Koz at gold cash cost and AISC of $2,120/oz and $4,441/oz, respectively. Strong results were partly offset by higher costs at Xavantina due to scheduled ventilation, cooling and ground-support installation (substantially complete at end of April). FY26 production, cost and capex guidance is reaffirmed, including consolidated copper of 67.5-77.5Kt at C1 of $2.15-2.35/lb, gold of 40-50Koz at AISC of $2,000-2,500/oz, and capex of $275-320Mln. At Q1/26, Ero held total liquidity of $146.2Mln, including cash of $91.2Mln (-$14Mln QoQ) and $55Mln undrawn revolving credit facility, with net debt declining to $490.7Mln (-$11Mln QoQ) and ND/EBITDA reduced to 1.04x (from 1.22x at YE25)," analyst Ralph Profiti wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $35.14, Change: $+1.79, Percent Change: +5.37%

Earnings Flash (ERO.TO) Ero Copper Reaffirming Its 2026 Production, Operating Cost, and Capital Expenditure Guidance

Earnings Flash (ERO.TO) Ero Copper Reports Q1 Adjusted Net Income Attributable to Owners of Co US$72.4M or $0.69 Per Share On a Diluted Basis