Ecora Resources (LON:ECOR) Insider Purchases £7,770 in Stock

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn purchased 5,550 shares of Ecora Resources stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of GBX 140 per share, with a total value of £7,770.

Ecora Resources Price Performance

Shares of ECOR stock remained flat at GBX 141.20 on Tuesday. 155,646 shares of the stock traded hands, compared to its average volume of 2,146,983. 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 PLC has a 12-month low of GBX 56.90 and a 12-month high of GBX 155.20. The business has a 50 day moving average price of GBX 137.86 and a 200 day moving average price of GBX 125.53. The stock has a market cap of £352.23 million, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.12 and a beta of 0.47.

Analyst Ratings Changes

Several research firms have weighed in on ECOR. Royal Bank Of Canada restated a “buy” rating and issued a GBX 175 price target on shares of Ecora Resources in a research note on Wednesday, March 18th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 185 price objective on shares of Ecora Resources in a research report on Wednesday, April 29th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 180 target price on shares of Ecora Resources in a report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 180.

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.