Key Points
- Insider purchase: Director Christine Coignard bought 11,400 shares on November 14 at GBX 92 each, a total outlay of £10,488.
- Shares opened at GBX 89.50 (reported down ~2.3%), with a market cap of £222.9m and a negative P/E of -7.46, reflecting current losses.
- Analyst sentiment is positive: two brokers rate Ecora a "Buy" with a consensus target of GBX 137.50, and Canaccord recently lifted its target to GBX 155.
Ecora Resources PLC (LON:ECOR - Get Free Report) insider Christine Coignard acquired 11,400 shares of the firm's stock in a transaction that occurred on Friday, November 14th. The stock was bought at an average price of GBX 92 per share, with a total value of £10,488.
Ecora Resources Stock Down 2.3%
Shares of LON:ECOR opened at GBX 89.50 on Wednesday. The firm has a market cap of £222.90 million, a P/E ratio of -7.46, a P/E/G ratio of 0.12 and a beta of 0.62. Ecora Resources PLC has a 12-month low of GBX 48 and a 12-month high of GBX 99.80. The business has a fifty day simple moving average of GBX 87.15 and a 200 day simple moving average of GBX 73.27. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 22.68.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on ECOR. Berenberg Bank restated a "buy" rating and set a GBX 120 price objective on shares of Ecora Resources in a research report on Tuesday, September 30th. Canaccord Genuity Group increased their target price on shares of Ecora Resources from GBX 150 to GBX 155 and gave the company a "buy" rating in a research report on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 137.50.
Get Our Latest Stock Analysis on ECOR
Ecora Resources Company Profile
(
Get Free Report)
Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating
a sustainable future. The company is listed on both the London and Toronto Stock Exchange.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a
sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.
See Also
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