Ecora Resources PLC Announces Dividend of $0.02 (LON:ECOR)

Ecora Resources PLC (LON:ECOR) announced a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.02 per share on Wednesday, June 5th. This represents a yield of 1.99%. The ex-dividend date is Thursday, May 9th. The official announcement can be accessed at this link.

Ecora Resources Stock Performance

Shares of ECOR stock opened at GBX 85.40 ($1.07) on Thursday. The firm has a market capitalization of £214.55 million, a PE ratio of -1,718.00, a price-to-earnings-growth ratio of 0.12 and a beta of 0.69. The firm has a fifty day simple moving average of GBX 78.51 and a two-hundred day simple moving average of GBX 85.22. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 17.79. Ecora Resources has a 12 month low of GBX 69.40 ($0.87) and a 12 month high of GBX 125.40 ($1.58).

Insider Transactions at Ecora Resources

In other news, insider Marc Bishop Lafleche bought 65,005 shares of Ecora Resources stock in a transaction dated Thursday, February 22nd. The stock was purchased at an average price of GBX 77 ($0.97) per share, for a total transaction of £50,053.85 ($62,881.72). Company insiders own 19.24% of the company’s stock.

Wall Street Analysts Forecast Growth

ECOR has been the subject of a number of recent research reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 160 ($2.01) price target on shares of Ecora Resources in a research note on Wednesday, April 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 ($1.88) target price on shares of Ecora Resources in a research note on Wednesday, March 27th.

Ecora Resources Company Profile

Ecora Resources PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, and silver.