TSX:EROMetals and Mining
Ero Copper (TSX:ERO) Stock Can Margin Strength Silence Cost Doubts
Traders have chased Ero Copper higher for weeks, with the stock up roughly 41% over the past month into today’s close at CA$47.78, and Q2 results now put that optimism under a harsher light. The headline is margin power. The business produced US$284.3m in revenue and US$89.5m in net income, leaving investors to judge whether the current P/E of 11.5x, compared with higher industry multiples, reflects underappreciated copper earnings strength or a market that still doubts how durable these...