Free Trial

Ecora Resources (LON:ECOR) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Ecora Resources logo with Basic Materials background

Ecora Resources PLC (LON:ECOR - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 60.62 ($0.80) and traded as high as GBX 71.40 ($0.95). Ecora Resources shares last traded at GBX 70.94 ($0.94), with a volume of 358,250 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 150 ($1.99) target price on shares of Ecora Resources in a research report on Wednesday, July 23rd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 120 ($1.59) target price on shares of Ecora Resources in a research report on Wednesday, July 23rd.

Check Out Our Latest Report on ECOR

Ecora Resources Stock Down 3.4%

The firm has a 50-day moving average price of GBX 64.85 and a 200 day moving average price of GBX 60.76. 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 company has a market cap of £202.62 million, a price-to-earnings ratio of 8.70, a P/E/G 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.

Further Reading

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 Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

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

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines