Ecora Resources’ (ECOR) Buy Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their buy rating on shares of Ecora Resources (LON:ECOR) in a report released on Wednesday morning, MarketBeat reports. Royal Bank Of Canada currently has a GBX 175 price target on the stock.

A number of other research firms have also recently commented on ECOR. Berenberg Bank reiterated a “buy” rating and set a GBX 150 price target on shares of Ecora Resources in a report on Friday, January 23rd. Canaccord Genuity Group upped their price objective on Ecora Resources from GBX 155 to GBX 185 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ecora Resources has a consensus rating of “Buy” and a consensus target price of GBX 170.

Ecora Resources Stock Up 0.2%

Ecora Resources stock opened at GBX 125.40 on Wednesday. The company has a debt-to-equity ratio of 31.55, a current ratio of 2.49 and a quick ratio of 2.08. The company’s 50-day moving average is GBX 137.04 and its 200-day moving average is GBX 109.54. The firm has a market capitalization of £312.81 million, a PE ratio of -10.45, a P/E/G ratio of 0.12 and a beta of 0.53. Ecora Resources has a fifty-two week low of GBX 48 and a fifty-two week high of GBX 155.20.

Ecora Resources Company Profile

Ecora Royalties is a leading critical minerals focused royalty and streaming company.

Copper is at the core of our portfolio which also includes other commodities linked to the trend of electrification, energy transition, infrastructure renewal and urbanisation, digital infrastructure, robotics and energy security.

Our cash generative portfolio includes producing royalties and streams and has a strong organic growth profile driven by royalties and streams already acquired and expected to generate substantial additional cash flow within the next five years.