Ecora Resources (LON:ECOR) Insider Acquires £7,931.25 in Stock

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

Ecora Resources Stock Performance

ECOR opened at GBX 145.60 on Thursday. The firm’s 50-day moving average price is GBX 160.45 and its 200-day moving average price is GBX 146.06. The company has a market cap of £363.53 million, a P/E ratio of 7.27, a price-to-earnings-growth ratio of 0.12 and a beta of 0.50. The company has a quick ratio of 2.08, a current ratio of 1.77 and a debt-to-equity ratio of 17.90. 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 analysts have issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 180 target price on shares of Ecora Resources in a research note on Wednesday, October 21st. Canaccord Genuity Group restated a “buy” rating and issued a GBX 195 target price on shares of Ecora Resources in a research report on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 186.67.

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.