Ecora Resources (LON:ECOR) Hits New 52-Week Low at $69.30

Ecora Resources PLC (LON:ECOR) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 69.30 ($0.88) and last traded at GBX 69.80 ($0.88), with a volume of 1393914 shares. The stock had previously closed at GBX 71.30 ($0.90).

Analysts Set New Price Targets

Several brokerages have recently weighed in on ECOR. Berenberg Bank reaffirmed a “buy” rating and set a GBX 140 ($1.77) price target on shares of Ecora Resources in a research note on Monday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 160 ($2.02) price target on shares of Ecora Resources in a report on Wednesday, April 24th.

Ecora Resources Stock Performance

The company has a market capitalization of £174.40 million, a P/E ratio of -1,718.00, a PEG ratio of 0.12 and a beta of 0.66. The company has a debt-to-equity ratio of 17.79, a current ratio of 0.60 and a quick ratio of 2.08. The company has a fifty day moving average price of GBX 80.08 and a two-hundred day moving average price of GBX 82.62.

Ecora Resources Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Thursday, May 9th were issued a dividend of $0.02 per share. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend was Thursday, May 9th.

Insider Transactions at Ecora Resources

In related news, insider Marc Bishop Lafleche acquired 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The shares were bought at an average cost of GBX 75 ($0.95) per share, with a total value of £22,500 ($28,459.40). In related news, insider Marc Bishop Lafleche acquired 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The shares were bought at an average cost of GBX 75 ($0.95) per share, with a total value of £22,500 ($28,459.40). Also, insider Graeme Dacomb purchased 20,000 shares of the company’s stock in a transaction on Monday, June 24th. The stock was acquired at an average cost of GBX 75 ($0.95) per share, for a total transaction of £15,000 ($18,972.93). Over the last three months, insiders have bought 108,083 shares of company stock worth $8,106,225. Insiders own 22.52% of the company’s stock.

Ecora Resources Company Profile

Ecora Resources PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, and silver.