Ero Copper Corp
NYSE:ERO

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Ero Copper Corp Logo
Ero Copper Corp
NYSE:ERO
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Price: 35.35 USD -4.15%
Market Cap: $3.6B

Operating Margin

30%
Current
Improving
by 5.4%
vs 3-y average of 24.6%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
30%
=
Operating Income
$176.3m
/
Revenue
$588.2m

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
30%
=
Operating Income
$176.3m
/
Revenue
$588.2m

Peer Comparison

Country Company Market Cap Operating
Margin
CA
Ero Copper Corp
TSX:ERO
5B CAD
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US
Southern Copper Corp
NYSE:SCCO
159.2B USD
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US
Freeport-McMoRan Inc
NYSE:FCX
88.7B USD
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UK
Antofagasta PLC
LSE:ANTO
38B GBP
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CN
Jiangxi Copper Co Ltd
SSE:600362
203.3B CNY
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CA
First Quantum Minerals Ltd
TSX:FM
31.4B CAD
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CA
Lundin Mining Corp
TSX:LUN
28.7B CAD
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PL
KGHM Polska Miedz SA
WSE:KGH
68.7B PLN
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CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
101B CNY
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DE
Aurubis AG
XETRA:NDA
7.5B EUR
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CN
Yunnan Copper Co Ltd
SZSE:000878
49.5B CNY
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Market Distribution

Higher than 89% of companies in Canada
Percentile
89th
Based on 4 855 companies
89th percentile
30%
Low
-4 710 029.9% — -65.8%
Typical Range
-65.8% — 11%
High
11% — 71 100%
Distribution Statistics
Canada
Min -4 710 029.9%
30th Percentile -65.8%
Median -2.4%
70th Percentile 11%
Max 71 100%

Ero Copper Corp
Glance View

Ero Copper Corp. is a Canadian mining company that digs deep into the rich, red earth of Brazil, focusing its efforts on copper, gold, and silver production. The company's operational heart beats in the lush landscapes of the Curaçá Valley, where its cornerstone asset, the MCSA Mining Complex, is located. This area is renowned for its high-grade copper deposits and Ero Copper harnesses advanced mining techniques to sustainably extract and process copper ore. The production journey starts with the extraction of ore from mines, followed by crushing, grinding, and flotation processes to produce copper concentrate. This is then sold to smelters and refiners who further process it into pure copper, a commodity in high demand for electrical equipment, construction, and renewable energy systems. Ero Copper's business strategy revolves around maximizing the value of their mineral-rich assets, adopting technologies to enhance their extraction and processing efficiency, and expanding their mineral resource base. By reinvesting in exploration and drilling programs, the company continually extends the life of its mines, thus ensuring a steady flow of output. Aside from their copper operations, Ero Copper also cultivates potential revenue streams from the byproducts of its primary production, like gold and silver, which are integral to electronics and jewelry industries. By honing in on efficient operations, robust safety practices, and sustainability measures, Ero Copper solidifies its place in the global market as a significant copper producer, riding the wave of green energy demand where copper plays an essential role.

ERO Intrinsic Value
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
30%
=
Operating Income
$176.3m
/
Revenue
$588.2m
What is Ero Copper Corp's current Operating Margin?

The current Operating Margin for Ero Copper Corp is 30%, which is above its 3-year median of 24.6%.

How has Operating Margin changed over time?

Over the last 3 years, Ero Copper Corp’s Operating Margin has decreased from 37.4% to 30%. During this period, it reached a low of 19.8% on Mar 31, 2024 and a high of 37.4% on Aug 30, 2022.

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