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Ero Copper raises costs guidance

Toronto and New York-listed Ero Copper has increased its costs guidance for the year after posting below consensus second-quarter earnings but an in-line operating performance.

Ero Copper raises costs guidance Ero Copper raises costs guidance Ero Copper raises costs guidance Ero Copper raises costs guidance Ero Copper raises costs guidance

Ero Copper hurt by smelting

The firm posted second-quarter adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$55.8 million, below the market consensus of $69 million.

EBITDA was down 10.