CUP/EUR Price & Performance (CUPEUR)

Ero Copper Corp. (ERO) saw a modest gain of 0.08% in its latest trading session, standing out as the S&P 500, Dow, and Nasdaq all posted significant losses. Analysts anticipate strong year-over-year growth in the company’s forthcoming earnings report, with revenue expected to rise by 49.34% and EPS by 12.5%.1

On March 13, UBS upgraded Southern Copper (SCCO) from Neutral to Buy, forecasting a 4.40% upside in its stock price. Institutional interest is increasing, with total shares owned by institutions rising 3.60% last quarter. Analysts project annual revenue of $11 billion, despite a slight year-over-year decline.2

Copper prices approached $10,000 per ton, driven by fears of U.S. tariffs disrupting global trade. The anticipation of duties has led to stockpiling in the U.S., tightening supply elsewhere. Analysts expect this trend to continue, with potential tariffs adding further upward pressure on prices.3