Ecora Resources (LON:ECOR) Insider Acquires 5,625 Shares of Stock

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn acquired 5,625 shares of the stock in a transaction dated Friday, November 6th. The shares were purchased at an average price of GBX 141 per share, for a total transaction of £7,931.25.

Ecora Resources Stock Up 2.5%

Shares of ECOR stock opened at GBX 145 on Monday. The company has a debt-to-equity ratio of 17.90, a quick ratio of 2.08 and a current ratio of 1.77. The firm’s 50-day moving average is GBX 161.98 and its 200-day moving average is GBX 145.99. The stock has a market cap of £362.03 million, a price-to-earnings ratio of 7.24, a PEG ratio of 0.12 and a beta of 0.50. Ecora Resources PLC has a 52-week low of GBX 88.40 and a 52-week high of GBX 181.40.

Analyst Ratings Changes

A number of research analysts recently weighed in on ECOR shares. Berenberg Bank reissued a “buy” rating and set a GBX 180 target price on shares of Ecora Resources in a report on Wednesday, October 21st. Canaccord Genuity Group restated a “buy” rating and issued a GBX 195 price target on shares of Ecora Resources in a research note on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating. According to MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 186.67.

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.