Ecora Resources’ (ECOR) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Ecora Resources (LON:ECOR) in a report published on Thursday, Marketbeat reports. Canaccord Genuity Group currently has a GBX 185 price target on the stock.

Several other research firms have also recently issued reports on ECOR. Royal Bank Of Canada reiterated a “buy” rating and issued a GBX 175 target price on shares of Ecora Resources in a research note on Wednesday, March 18th. Berenberg Bank dropped their price target on shares of Ecora Resources from GBX 190 to GBX 180 and set a “buy” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Ecora Resources presently has an average rating of “Buy” and a consensus price target of GBX 180.

Ecora Resources Trading Up 1.4%

Ecora Resources stock opened at GBX 128.80 on Thursday. The company has a current ratio of 1.20, a quick ratio of 2.08 and a debt-to-equity ratio of 20.72. Ecora Resources has a 12 month low of GBX 48 and a 12 month high of GBX 155.20. The stock’s 50 day simple moving average is GBX 137.13 and its two-hundred day simple moving average is GBX 111.64. The firm has a market cap of £321.30 million, a PE ratio of -10.73, a P/E/G ratio of 0.12 and a beta of 1.16.

About Ecora Resources

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.