Ero Copper Corp traded at 37.64 this Friday March 6th, decreasing 1.76 or 4.47 percent since the previous trading session. Looking back, over the last four weeks, Ero Copper lost 12.61 percent. Over the last 12 months, its price rose by 112.66 percent. Looking ahead, we forecast Ero Copper Corp to be priced at 45.50 by the end of this quarter and at 42.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ero Copper Corp is a Canada-based clean copper producer with operations in Brazil. The Company''s primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A., 100% owner of the Caraiba Operations, which is comprised of the operations located in the Curaca Valley, Bahia State, Brazil. The Company’s operations include Caraiba Operations, Tucuma Project and Xavantina Operations. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers north-northwest of the capital city of Salvador, which include the Pilar and Vermelhos underground mines and the Surubim open pit mine. The Company open pit mine, and the Boa Esperana development project (Tucuma Project), an IOCG-type copper project located in Para, Brazil. It also owns 97.6% of NX Gold S.A. (NX Gold) which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso, Brazil and approximately 670 km east of the capital city of Cuiaba.