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

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche bought 5,560 shares of the 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 Price Performance

Shares of Ecora Resources stock remained flat at GBX 141.20 during trading hours on Tuesday. The stock had a trading volume of 155,646 shares, compared to its average volume of 2,146,983. Ecora Resources PLC has a 52-week low of GBX 56.90 and a 52-week high of GBX 155.20. The business has a 50 day moving average price of GBX 137.86 and a two-hundred day moving average price of GBX 125.53. The company has a debt-to-equity ratio of 20.72, a quick ratio of 2.08 and a current ratio of 1.20. The company has a market cap of £352.23 million, a price-to-earnings ratio of 15.90, a PEG ratio of 0.12 and a beta of 0.47.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ECOR shares. Royal Bank Of Canada restated a “buy” rating and issued a GBX 175 price objective on shares of Ecora Resources in a research report on Wednesday, March 18th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 185 target price on shares of Ecora Resources in a research note on Wednesday, April 29th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 180 price target on shares of Ecora Resources in a report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ecora Resources currently has an average rating of “Buy” and an average target price of GBX 180.

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.