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

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 180 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 12.92% from the company’s current price.

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

Ecora Resources Stock Performance

LON:ECOR traded up GBX 0.20 during mid-day trading on Wednesday, reaching GBX 159.40. 8,233,251 shares of the company’s stock were exchanged, compared to its average volume of 1,486,528. Ecora Resources has a one year low of GBX 84 and a one year high of GBX 181.40. 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 business’s fifty day simple moving average is GBX 167.31 and its two-hundred day simple moving average is GBX 148.93. The firm has a market capitalization of £397.98 million, a PE ratio of 7.96, a price-to-earnings-growth ratio of 0.12 and a beta of 0.50.

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.