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Ero Copper transitions from capital investment phase to high-volume production phase

The Motley Fool +1 ·

ERO
ERO Ero Copper Corp
$29.95 -0.60%
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  1. 1Ero Copper has recorded a 46% increase in its stock price over the past year.
  2. 2Ero Copper achieved $137.9 million in operating cash flow for the second quarter, a 49% increase from the previous quarter.
  3. 3Ero Copper reduced its net debt by approximately $100 million over 18 months.

So what's the key point?

The cash earned by Ero Copper increased by 49% compared to the previous quarter. This means the company's situation has improved as it is reducing debt and earning money well.

Source The Motley Fool +1 · View original ↗

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