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Ero Copper Corp.

CA$53.59Last updated
+CA$1.10 (2.10%)Past day
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Ero Copper Corp. (TSX: ERO) is trading at CA$53.59, about ₹3,649 at today's CAD/INR rate, as of 25 Sep 2026, 12:09 PM ET, up 2.10% today. Indian residents can buy Ero Copper from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$52.49
Previous close:CA$52.49
Volume:81.89K

Today's low

CA$51.85

Today's high

CA$53.70

52 week low

CA$25.12

52 week high

CA$56.62

ERO opened at CA$52.49, closed previously at CA$52.49, and has traded between CA$25.12 and CA$56.62 over the past 52 weeks.

About

Operating in Brazil, Ero Copper Corp. specializes in the exploration, development, and production of base metals. The company's core business involves mining and selling copper concentrate from its MCSA Mining Complex, located in northeastern Bahia's Curaçá Valley, which also yields gold and silver as secondary products. Additionally, Ero Copper maintains full ownership of the Boa Esperança property, an ongoing copper development project in southeastern Pará, and the NX Gold property situated in Mato Grosso state. This enterprise was founded in 2016 and is presently headquartered in Vancouver, Canada.

Country
CA
CEO
Makko DeFilippo
Exchange listed on
TSX
Industry
Copper
Base currency
CAD
Full Time Employees
3,690
Sector
Basic Materials
IPO date
19/10/2017

Key statistics

Avg. volume

440.49K

Market cap

CA$5.59B

P/E Ratio

12.72

Price-to-sales ratio

3.78

Enterprise value

$4.42B

Free cash flow yield

3.88%

Debt-to-equity ratio

0.47

Return on equity

30.09%

ROIC

15.57%

Beta

1.67

Dividend yield

0.00%

Last dividend

CA$0.00

Financial overview

Revenue

$799.60M

Earnings per share

$2.59

Free cash flow

$91.22M

Net profit margin

29.72%

Gross margin

42.91%

EBITDA

$410.40M

Revenue growth

70.03%

Similar securities

This is not an investment recommendation

How to buy Ero Copper from India

Indian residents can buy Ero Copper shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.

  3. Search for Ero Copper and place an order

    Find Ero Copper by name or by its ticker, ERO, and choose an order type. Ero Copper trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Ero Copper position in CAD and INR. Ero Copper pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Ero Copper from India

Trading and taxes when buying Ero Copper from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneEro Copper does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Ero Copper stock?

Yes. Ero Copper (ERO) has been listed on the Toronto Stock Exchange since 2017, in the Copper industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Ero Copper share cost in rupees?

One Ero Copper share is CA$53.59 — about ₹3,649 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the Ero Copper price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Ero Copper from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

How are gains on Ero Copper shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ero Copper price. Paasa issues a capital-gains statement for your return.

Does Ero Copper pay a dividend?

No. Ero Copper does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Ero Copper from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Do I have to declare Ero Copper shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Ero Copper holding, its cost and its closing value.

How do I sell Ero Copper and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.

Does the rupee rate affect what I make on Ero Copper?

Yes. Ero Copper is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.