Ecora Resources (LON:ECOR) Earns Buy Rating from Berenberg Bank

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 180 price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 12.92% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 195 price objective on shares of Ecora Resources in a research note on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, Ecora Resources presently has a consensus rating of “Buy” and a consensus price target of GBX 186.67.

Ecora Resources Stock Up 0.1%

Shares of Ecora Resources stock opened at GBX 159.40 on Wednesday. Ecora Resources has a twelve month low of GBX 84 and a twelve month high of GBX 181.40. The stock has a market cap of £397.98 million, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 0.12 and a beta of 0.50. The company has a current ratio of 1.77, a quick ratio of 2.08 and a debt-to-equity ratio of 17.90. The company has a fifty day moving average price of GBX 167.31 and a 200 day moving average price of GBX 148.93.

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.