Hillsdale Investment Management Inc. Boosts Position in Ero Copper Corp. $ERO

Posted by Geri Gentry on May 30th, 2026

Hillsdale Investment Management Inc. grew its holdings in shares of Ero Copper Corp. (NYSE:ERO – Free Report) by 602.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,685,445 shares of the company’s stock after buying an additional 1,445,645 shares during the period. Ero Copper accounts for 1.3% of Hillsdale Investment Management Inc.’s portfolio, making the stock its 12th biggest position. Hillsdale Investment Management Inc.’s holdings in Ero Copper were worth $47,767,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ERO. FNY Investment Advisers LLC purchased a new position in shares of Ero Copper during the fourth quarter valued at approximately $25,000. Banque Cantonale Vaudoise purchased a new stake in Ero Copper in the third quarter worth $111,000. SG Americas Securities LLC purchased a new stake in Ero Copper in the fourth quarter worth $115,000. Shay Capital LLC purchased a new stake in Ero Copper in the third quarter worth $202,000. Finally, Versor Investments LP purchased a new stake in Ero Copper in the third quarter worth $217,000. 71.30% of the stock is owned by hedge funds and other institutional investors.

Ero Copper Price Performance

Shares of ERO stock opened at $30.58 on Friday. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 10.88 and a beta of 1.13. The business’s fifty day moving average is $27.73 and its 200 day moving average is $28.13. Ero Copper Corp. has a twelve month low of $12.79 and a twelve month high of $39.80. The company has a quick ratio of 0.46, a current ratio of 0.82 and a debt-to-equity ratio of 0.64.

Ero Copper (NYSE:ERO – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Ero Copper had a return on equity of 29.86% and a net margin of 31.63%.The company had revenue of $263.20 million for the quarter, compared to analysts’ expectations of $245.51 million. Research analysts expect that Ero Copper Corp. will post 3.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ERO. Wall Street Zen cut Ero Copper from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Bank of America cut Ero Copper from a “buy” rating to a “neutral” rating in a research note on Monday, February 9th. National Bank Financial raised Ero Copper from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, May 5th. Zacks Research cut Ero Copper from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group cut Ero Copper from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $33.00 to $31.00 in a research note on Tuesday, April 14th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.50.

View Our Latest Research Report on Ero Copper

About Ero Copper

(Free Report)

Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.