Ecora Resources’ (ECOR) Outperform Rating Reaffirmed At Royal Bank Of Canada
Royal Bank of Canada restated their outperform rating on shares of Ecora Resources (LON:ECOR – Get Rating) in a research note released on Tuesday morning, Marketbeat Ratings reports. Royal Bank of Canada currently has a GBX 320 ($3.87) price objective on the stock.
Several other research firms have also commented on ECOR. Beaufort Securities dropped their price target on shares of Ecora Resources from GBX 400 ($4.83) to GBX 390 ($4.71) and set a buy rating on the stock in a research report on Thursday, July 28th. Berenberg Bank dropped their price target on shares of Ecora Resources from GBX 390 ($4.71) to GBX 330 ($3.99) and set a buy rating on the stock in a research report on Saturday, October 8th.
Ecora Resources Trading Up 1.0 %
Shares of Ecora Resources stock opened at GBX 158.57 ($1.92) on Tuesday. The company has a debt-to-equity ratio of 9.70, a current ratio of 2.46 and a quick ratio of 2.08. The firm has a fifty day moving average price of GBX 159.60 and a 200 day moving average price of GBX 160.26. Ecora Resources has a 1 year low of GBX 143.60 ($1.74) and a 1 year high of GBX 161.75 ($1.95). The stock has a market cap of £408.89 million and a PE ratio of 307.84.
Insider Activity at Ecora Resources
In related news, insider Robert Stan bought 25,100 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were acquired at an average price of GBX 164 ($1.98) per share, for a total transaction of £41,164 ($49,739.00). In related news, insider Marc Bishop Lafleche bought 13,245 shares of the company’s stock in a transaction dated Monday, September 26th. The shares were acquired at an average price of GBX 151 ($1.82) per share, for a total transaction of £19,999.95 ($24,166.20). Also, insider Robert Stan bought 25,100 shares of the company’s stock in a transaction dated Thursday, September 1st. The stock was bought at an average price of GBX 164 ($1.98) per share, for a total transaction of £41,164 ($49,739.00).
About Ecora Resources
Ecora Resources PLC operates as a natural resources royalty and streaming company. The company has royalties and investments in mining and exploration interests in cobalt, coking coal, iron ore, copper, vanadium, uranium, and gold primarily in Australia, North and South America, and Europe. The company was formerly known as Anglo Pacific Group plc and changed its name to Ecora Resources PLC in October 2022.
www.ferroalloynet.com
