Free Trial

Ecora Resources (LON:ECOR) Shares Pass Above 200 Day Moving Average - Here's What Happened

Ecora Resources logo with Basic Materials background

Ecora Resources PLC (LON:ECOR - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 60.11 ($0.81) and traded as high as GBX 65.30 ($0.88). Ecora Resources shares last traded at GBX 64.40 ($0.87), with a volume of 459,884 shares traded.

Analysts Set New Price Targets

ECOR has been the topic of a number of recent analyst reports. Canaccord Genuity Group restated a "buy" rating and issued a GBX 150 ($2.02) price target on shares of Ecora Resources in a research report on Wednesday, April 23rd. Berenberg Bank restated a "buy" rating and issued a GBX 130 ($1.75) price target on shares of Ecora Resources in a research report on Thursday, July 3rd.

Get Our Latest Research Report on Ecora Resources

Ecora Resources Stock Performance

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 stock has a 50-day simple moving average of GBX 61.44 and a 200-day simple moving average of GBX 60.12. The stock has a market cap of £199.22 million, a P/E ratio of 8.55, a PEG ratio of 0.12 and a beta of 0.62.

Ecora Resources Company Profile

(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.

Recommended Stories

Should You Invest $1,000 in Ecora Resources Right Now?

Before you consider Ecora Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ecora Resources wasn't on the list.

While Ecora Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines