Ero Copper (ERO) vs Hudbay Minerals (HBM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ero Copper (ERO) has outperformed Hudbay Minerals (HBM) over the past year, gaining 53.6% versus a gain of 48.3%. Over five years, HBM leads with a +245.9% price change compared with +75.6% for ERO. Hudbay Minerals is the larger company by market cap ($11.28 billion vs $3.75 billion), about 3.0 times the size, while Ero Copper is growing revenue faster (+67.1% vs +9.4%).
On valuation, Ero Copper trades at a lower forward P/E (7.4x vs 12.7x for Hudbay Minerals). Hudbay Minerals pays a dividend yielding 0.08%, while Ero Copper does not currently pay one. Ero Copper converts more of its revenue into profit, with a net margin of 33.6% versus 25.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERO | HBM |
|---|---|---|
| Share price | $35.98 | $25.39 |
| Market cap | $3.75B | $11.28B |
| 1-day change | -2.18% | -1.86% |
| YTD return | +27.18% | +27.91% |
| 1-year return | +53.63% | +48.31% |
| 5-year return | +75.56% | +245.86% |
| P/E ratio (TTM) | 12.20 | 14.85 |
| Forward P/E | 7.37 | 12.71 |
| EPS (TTM) | $2.95 | $1.71 |
| Dividend yield | 0.00% | 0.08% |
| Annual dividend | $0.00 | $0.021 |
| Revenue (latest FY) | $785.84M | $2.21B |
| Revenue growth (YoY) | +67.11% | +9.39% |
| Net income (latest FY) | $263.72M | $568.50M |
| Gross margin | 43.85% | 33.61% |
| Operating margin | 34.43% | 41.45% |
| Net margin | 33.56% | 25.71% |
| 52-week high | $40.83 | $32.15 |
| 52-week low | $19.10 | $14.34 |
| Distance from 52-week high | -11.88% | -21.03% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +13.20% | +37.93% |
| Average volume | 1.31M | 4.54M |
| Shares outstanding | 104.30M | 444.14M |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Hudbay Minerals is about 3.0 times larger than Ero Copper by market value ($11.28B vs $3.75B).
- Ero Copper is more profitable, keeping 33.6 cents of every revenue dollar as net income versus 25.7 cents for Hudbay Minerals.
- Ero Copper grew revenue faster in its latest fiscal year (+67.11% vs +9.39%).
About Ero Copper
ERO stock →Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil.
Basic Materials · Metal Mining
About Hudbay Minerals
HBM stock →Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It primarily explores for copper concentrates containing copper, gold, zinc, molybdenum concentrates, and silver.
Basic Materials · Metal Mining
ERO vs HBM FAQ
Which is bigger, Ero Copper or Hudbay Minerals?
Hudbay Minerals (HBM) is larger, with a market capitalization of $11.28B compared with $3.75B for Ero Copper (ERO).
Which stock has performed better over the past year, ERO or HBM?
ERO returned +53.63% over the past 12 months, compared with +48.31% for HBM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ERO or HBM?
ERO has the lower trailing P/E at 12.2, versus 14.8 for HBM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ero Copper or Hudbay Minerals?
Hudbay Minerals pays a dividend yielding 0.08%, while Ero Copper does not currently pay a regular dividend.
Are Ero Copper and Hudbay Minerals in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.