Ecora Resources (LON:ECOR) Insider Buys £29,760 in Stock

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche purchased 32,000 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average price of GBX 93 per share, for a total transaction of £29,760.

Ecora Resources Trading Down 2.5%

LON ECOR opened at GBX 92.50 on Friday. Ecora Resources PLC has a 1 year low of GBX 48 and a 1 year high of GBX 99.80. The company has a fifty day moving average of GBX 84.75 and a 200 day moving average of GBX 71.28. The company has a debt-to-equity ratio of 22.68, a current ratio of 0.60 and a quick ratio of 2.08. The company has a market capitalization of £230.38 million, a PE ratio of -7.71, a P/E/G ratio of 0.12 and a beta of 0.62.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ECOR shares. Canaccord Genuity Group lifted their price objective on Ecora Resources from GBX 150 to GBX 155 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 120 price objective on shares of Ecora Resources in a research report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 137.50.

Ecora Resources Company Profile

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.