Ecora Resources (LON:ECOR) Stock Keeps Buy Rating at Berenberg Bank

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report released on Wednesday, Digital Look reports. They presently have a GBX 180 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 12.78% from the company’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 195 target price on shares of Ecora Resources in a report on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 186.67.

Ecora Resources Stock Up 0.3%

Ecora Resources stock traded up GBX 0.40 during mid-day trading on Wednesday, reaching GBX 159.60. The company’s stock had a trading volume of 868,918 shares, compared to its average volume of 1,450,428. The company has a market capitalization of £398.48 million, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 0.12 and a beta of 0.50. Ecora Resources has a 12 month low of GBX 84 and a 12 month high of GBX 181.40. The business’s 50 day simple moving average is GBX 167.31 and its 200 day simple moving average is GBX 148.93. The company has a debt-to-equity ratio of 17.90, a quick ratio of 2.08 and a current ratio of 1.77.

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.