Ecora Resources (LON:ECOR) Insider Kevin Flynn Acquires 5,550 Shares

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn purchased 5,550 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of GBX 140 per share, with a total value of £7,770.

Ecora Resources Price Performance

Ecora Resources stock remained flat at GBX 141.20 during midday trading on Tuesday. 155,646 shares of the company were exchanged, compared to its average volume of 2,146,983. The company has a debt-to-equity ratio of 20.72, a quick ratio of 2.08 and a current ratio of 1.20. The stock has a 50-day simple moving average of GBX 137.86 and a two-hundred day simple moving average of GBX 125.53. Ecora Resources PLC has a 12 month low of GBX 56.90 and a 12 month high of GBX 155.20. The company has a market capitalization of £352.23 million, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.12 and a beta of 0.47.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ECOR shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 180 target price on shares of Ecora Resources in a research report on Wednesday, April 29th. Royal Bank Of Canada reissued a “buy” rating and issued a GBX 175 price objective on shares of Ecora Resources in a research note on Wednesday, March 18th. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 185 price objective on shares of Ecora Resources in a report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Ecora Resources currently has an average rating of “Buy” and an average target price of GBX 180.

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.