Ero Copper announces record copper and gold production, strong financial results for Q4 and full year 2024.

From GlobeNewswire: 2025-03-06 17:05:00

Ero Copper Corp. announces record copper production of 12,883 tonnes in Q4 2024, totaling 40,600 tonnes for the year. Gold production reached 8,936 ounces in Q4 and 57,210 ounces for the year. Financially, the company reported cash flow from operations of $60.8 million for the quarter and $145.4 million for the year. Adjusted EBITDA was $59.1 million for Q4 and $216.2 million for the year. Available liquidity at year-end was $90.4 million. The company is reaffirming its 2025 production, operating cost, and capital expenditure guidance. Adjusted net income for Q4 was $17.4 million, and $80.4 million for the year.

2025 production guidance includes 75,000 to 85,000 tonnes of copper production and 50,000 to 60,000 ounces of gold production at various operations. Copper C1 cash cost guidance ranges from $1.55 to $1.80 per pound, while gold C1 cash cost is expected to be $650 to $800 per ounce. AISC guidance for gold is $1,400 to $1,600 per ounce. Capital expenditures for 2025 are projected to be $230 to $270 million. The company will hold a conference call on March 7, 2025, to discuss these results.



Read more at GlobeNewswire: Ero Copper Reports Fourth Quarter and Full Year 2024