Ecora Resources PLC Plans Dividend of $0.02 (LON:ECOR)

Ecora Resources PLC (LON:ECOR - Get Free Report) declared a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 9th will be given a dividend of $0.02 per share on Wednesday, June 5th. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be accessed at this link.

Ecora Resources Price Performance

LON:ECOR traded down GBX 0.90 ($0.01) on Thursday, reaching GBX 84.70 ($1.06). 764,500 shares of the company's stock traded hands, compared to its average volume of 564,175. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 17.79. Ecora Resources has a 12 month low of GBX 69.40 ($0.87) and a 12 month high of GBX 125.40 ($1.58). The stock has a 50-day simple moving average of GBX 78.51 and a 200-day simple moving average of GBX 85.22. The firm has a market cap of £212.79 million, a PE ratio of -1,718.00, a P/E/G ratio of 0.12 and a beta of 0.69.

Insider Transactions at Ecora Resources

In related news, insider Marc Bishop Lafleche purchased 65,005 shares of Ecora Resources stock in a transaction that occurred on Thursday, February 22nd. The stock was purchased at an average cost of GBX 77 ($0.97) per share, with a total value of £50,053.85 ($62,881.72). Corporate insiders own 19.24% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group restated a "buy" rating and set a GBX 160 ($2.01) target price on shares of Ecora Resources in a research report on Wednesday, April 24th. Berenberg Bank reissued a "buy" rating and set a GBX 150 ($1.88) target price on shares of Ecora Resources in a research report on Wednesday, March 27th.

About Ecora Resources

Ecora Resources PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, and silver.