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    Kate Nakagawa

    Research Analyst at CIBC

    Kate Nakagawa is an analyst at CIBC specializing in equity research, covering companies in the financial services and technology sectors. She provides investment analysis and recommendations for firms such as Canadian banks and fintech companies, with a demonstrated ability to identify outperforming stocks and deliver competitive returns. Nakagawa began her career in finance in the early 2010s and has held roles at leading financial institutions before joining CIBC, steadily building expertise in securities research and portfolio management. She holds professional credentials including securities licenses and has been recognized for her analytical rigor and sector insights.

    Kate Nakagawa's questions to Ero Copper (ERO) leadership

    Kate Nakagawa's questions to Ero Copper (ERO) leadership • Q1 2025

    Question

    On behalf of Anita Soni, Kate Nakagawa from CIBC asked if the mobilization of a new contractor at Caraiba would lead to an increase in mining costs for the remainder of the year compared to Q1 levels.

    Answer

    President and CEO Makko DeFilippo clarified that the work being done by the third-party contractor is primarily capitalized development. Therefore, it is already reflected in the company's capital guidance and is not expected to materially impact operating costs.

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