ERO Copper

Ero Copper Corp. traded sharply higher in regular session, reaching $27.085 by 09:35 ET, up 5.3% from the prior close of $25.72 and hitting the intraday high, driven by an update on its Furnas drilling program which confirmed high-grade continuity and extended known mineralization, reigniting market optimism about the project's growth potential. This follows Q1 2026 earnings that showed revenue surged 110.4% YoY to $263.2M, net profit margin at 41.3%, and EPS of $1.04 (+35.1% YoY), providing strong fundamental support. Despite today's rally, the stock remains 31.9% below its 52-week high of $39.80 and trades below both the 20-day MA ($27.83) and 60-day MA ($28.26), while YTD it is still down 6.8%, reflecting lingering concerns over copper prices and geopolitical risks. However, pre-market activity was muted with only 4,012 shares traded between $25.75 and $26.97, suggesting limited early buying conviction that could cap further upside.