Berenberg Bank reissued their buy rating on shares of Ecora Resources (LON:ECOR - Free Report) in a report released on Thursday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 130 ($1.78) price objective on the stock.
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 150 ($2.05) target price on shares of Ecora Resources in a report on Wednesday, April 23rd.
Check Out Our Latest Stock Report on ECOR
Ecora Resources Stock Up 2.4%
Shares of LON ECOR traded up GBX 1.50 ($0.02) during mid-day trading on Thursday, reaching GBX 63.60 ($0.87). The company had a trading volume of 236,646 shares, compared to its average volume of 476,298. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 22.68. The firm has a 50 day simple moving average of GBX 60.51 and a two-hundred day simple moving average of GBX 60.06. The stock has a market cap of £195.53 million, a P/E ratio of 8.39, a PEG ratio of 0.12 and a beta of 0.62. Ecora Resources has a 52-week low of GBX 48 ($0.66) and a 52-week high of GBX 74.13 ($1.01).
Ecora Resources Company Profile
(
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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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