Ecora Resources’ (ECOR) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Ecora Resources (LON:ECOR) in a research note issued to investors on Thursday morning, Marketbeat.com reports. They currently have a GBX 130 ($1.77) price objective on the stock.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 150 ($2.05) target price on shares of Ecora Resources in a research report on Wednesday, April 23rd.

Ecora Resources Stock Up 2.4%

ECOR opened at GBX 63.60 ($0.87) on Thursday. The business’s 50-day simple moving average is GBX 60.51 and its 200-day simple moving average is GBX 60.07. The company has a debt-to-equity ratio of 22.68, a quick ratio of 2.08 and a current ratio of 0.60. Ecora Resources has a one year low of GBX 48 ($0.65) and a one year high of GBX 74.13 ($1.01). The stock has a market capitalization of £195.53 million, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 0.12 and a beta of 0.62.

Ecora Resources Company Profile

Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating
a sustainable future. The company is listed on both the London and Toronto Stock Exchange.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a
sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.