Ecora Resources (LON:ECOR - Get Free Report)'s stock had its "buy" rating restated by Berenberg Bank in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They presently have a GBX 120 ($1.62) target price on the stock. Berenberg Bank's target price would indicate a potential upside of 68.07% from the stock's previous close.
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 150 ($2.03) price target on shares of Ecora Resources in a research note on Wednesday.
Read Our Latest Report on Ecora Resources
Ecora Resources Price Performance
ECOR opened at GBX 71.40 ($0.97) on Wednesday. Ecora Resources has a fifty-two week low of GBX 48 ($0.65) and a fifty-two week high of GBX 74.13 ($1.00). The firm has a 50-day moving average of GBX 62.59 and a 200 day moving average of GBX 60.19. The company has a debt-to-equity ratio of 22.68, a quick ratio of 2.08 and a current ratio of 0.60. The firm has a market cap of £219.51 million, a P/E ratio of 9.42, a PEG ratio of 0.12 and a beta of 0.62.
About Ecora Resources
(
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.
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