ERO COPPER CORP
In the published model solve dated 2026-Q2, anchored at $30.45, ERO COPPER CORP (ERO) is priced for today's economics sustained for ~5.2 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Two copper mines in Brazil plus one gold mine, and the newer copper mine is now the better one: Tucumã produced 8,461 tonnes of copper in the March 2026 quarter at a first-tier cash cost of 1.97 dollars per pound, against 8,826 tonnes at 2.79 dollars per pound from the older Caraíba operations [Source: Q1 2026 results release, May 4, 2026]. • The pressure point is ore quality at Caraíba, where processed grade fell to 0.93% copper from 1.18% a year earlier, so the plant handled far more rock fo
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181 institutional managers reported holding ERO in 13F filings for the quarter ended 2026-03-31. Together they hold about 66% of the company; the top 10 hold 41%. 56 opened new positions that quarter. Held by FMR (Fidelity), Invesco, Vanguard Group, among others. On the short side, 3.5M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ERO's share count grew 17% over the past five years. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.