Ecora Resources’ (ECOR) “Buy” Rating Reiterated at Canaccord Genuity Group

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 195 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 13.78% from the stock’s current price.

A number of other equities analysts have also commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 190 price target on shares of Ecora Resources in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 185 price objective on shares of Ecora Resources in a report on Monday, June 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 190.

Ecora Resources Trading Up 2.1%

Shares of ECOR opened at GBX 171.38 on Wednesday. The firm’s 50 day simple moving average is GBX 145.47 and its 200 day simple moving average is GBX 141.03. The company has a market capitalization of £427.50 million, a P/E ratio of 19.30, a P/E/G ratio of 0.12 and a beta of 0.47. The company has a debt-to-equity ratio of 20.72, a current ratio of 1.20 and a quick ratio of 2.08. Ecora Resources has a 1-year low of GBX 72.30 and a 1-year high of GBX 178.

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.