Ero Copper Q2 2026 profit rises as copper, gold prices lift revenue, cash flow, company says
ERO•Production and cash costs
Consolidated copper production totaled 17,315 tonnes at C1 cash costs of USD 2.42 per lb; Caraíba grades fell, Tucumã throughput improved.
Gold output totaled 20,553 oz; higher mined production and recovery from historic concentrate stockpiles drove a jump in sales to 17,016 oz.
Cash flow, liquidity and debt
Operating cash flow was USD 137.9 million; liquidity rose to USD 181.7 million; net debt fell to USD 452.7 million following USD 25 million revolver repayment.
Q2 revenue and profit rise on stronger copper prices and gold sales
For the three months ended June 30, 2026, revenue rose to USD 284.3 million; copper prices and higher gold sales volumes lifted results.
Net income was USD 90.7 million; earnings fell from the prior quarter mainly on lower foreign-exchange gains despite higher gross profit.
