Ecora Resources (LON:ECOR) Insider Marc Bishop Lafleche Acquires 5,560 Shares

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche purchased 5,560 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of GBX 149 per share, for a total transaction of £8,284.40.

Ecora Resources Stock Performance

LON:ECOR remained flat at GBX 141.20 during trading hours on Tuesday. 155,646 shares of the company were exchanged, compared to its average volume of 2,146,983. The company has a market capitalization 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. The firm’s 50-day moving average price is GBX 137.86 and its 200-day moving average price is GBX 125.53. Ecora Resources PLC has a one year low of GBX 56.90 and a one year high of GBX 155.20. The company has a debt-to-equity ratio of 20.72, a current ratio of 1.20 and a quick ratio of 2.08.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 185 price objective on shares of Ecora Resources in a research report on Wednesday, April 29th. Royal Bank Of Canada reissued a “buy” rating and set a GBX 175 price objective on shares of Ecora Resources in a research note on Wednesday, March 18th. Finally, Berenberg Bank restated 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 data from MarketBeat, Ecora Resources currently has a consensus rating of “Buy” and an average price target of GBX 180.

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.