Ecora Resources (ECOR) Share Price, News & Analysis

Company Overview

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. We take a disciplined approach to investments and acquisitions, focusing on high quality opportunities, in established mining jurisdictions and with experienced management teams. These investments have the potential to deliver enhanced returns through life of mine extension and commodity price outperformance. Our management team has a long and proven track record of originating, completing due diligence, innovatively structuring and completing accretive royalty and stream transactions in the critical minerals space. We allocate capital prudently, with a focus on growth, maintaining a strong balance sheet and returns to shareholders. Ecora’s shares are listed on the London and Toronto Stock Exchanges (ECOR) and trade on the OTCQX Best Market (OTCQX: ECRAF).

Key Stats

• Today's Range: 142.80 to 151.20
• 50-Day Range: 125.40 to 152.60
• 52-Week Range: 60.10 to 155.20
• Volume: 400,283 shs
• Average Volume: 1.99 million shs
• Market Capitalization: £363.70 million
• P/E Ratio: 16.42
• Dividend Yield: 1.04%
• Price Target: GBX 180
• Consensus Rating: Buy

Ecora Resources Stock Analysis - MarketRank™

Ecora Resources scored higher than 96% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Buy

Consensus Rating

Ecora Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 3 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Ecora Resources has a consensus price target of GBX 180, representing about 22.0% upside from its current price of GBX 147.60.

Amount of Analyst Coverage

Ecora Resources has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ecora Resources is 16.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ecora Resources is 16.62, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.71.

Price to Earnings Growth Ratio

Ecora Resources has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Ecora Resources has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ECOR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Ecora Resources pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ecora Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ecora Resources is 12.49%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Ecora Resources has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Ecora Resources this week, compared to 1 article on an average week.

Search Interest

3 people have searched for ECOR on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Ecora Resources to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.5 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of Ecora Resources in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net £16,054.40 in company stock, which represents 0.0044% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Ecora Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought £16,054.40 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

8.37% of the stock of Ecora Resources is held by insiders.

Percentage Held by Institutions

29.99% of the stock of Ecora Resources is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Medical Equipment
• Current Symbol: LON:ECOR
• CIK: N/A
• Web: www.anglopacificgroup.com
• Phone: +44-20-34357400
• Fax: N/A
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ecora Resources: GBX 180
• High Price Target: GBX 185
• Low Price Target: GBX 175
• Potential Upside/Downside: +23.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 8.88
• Trailing P/E Ratio: 16.42
• Forward P/E Ratio: 19.10
• P/E Growth: 0.12
• Net Income: £28.84 million
• Net Margins: 38.89%
• Pretax Margin: N/A
• Return on Equity: 4.87%
• Return on Assets: 5.07%

Debt

• Debt-to-Equity Ratio: 20.72
• Current Ratio: 1.20
• Quick Ratio: 2.08

Sales & Book Value

• Annual Sales: £55.90 million
• Price / Sales: 6.51
• Cash Flow: GBX 5.02 per share
• Price / Cash Flow: 29.02
• Book Value: GBX 188.07 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 249,453,000
• Free Float: N/A
• Market Cap: £363.70 million
• Optionable: Not Optionable
• Beta: 0.47