Ecora Resources (LON:ECOR) Insider Kevin Flynn Purchases 5,625 Shares of Company Stock

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn bought 5,625 shares of the firm’s stock in a transaction dated Friday, November 6th. The stock was purchased at an average cost of GBX 141 per share, for a total transaction of £7,931.25.

Ecora Resources Price Performance

Shares of LON ECOR opened at GBX 145 on Monday. The firm has a market cap of £362.03 million, a P/E ratio of 7.24, 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. Ecora Resources PLC has a 1-year low of GBX 88.40 and a 1-year high of GBX 181.40. The business’s 50 day moving average is GBX 161.98 and its 200-day moving average is GBX 145.99.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ECOR shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 180 price objective on shares of Ecora Resources in a report on Wednesday, October 21st. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 195 price objective on shares of Ecora Resources in a research report on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 186.67.

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.