Canaccord Genuity Group restated their buy rating on shares of Ecora Resources (LON:ECOR - Free Report) in a research report released on Wednesday, Marketbeat.com reports. The firm currently has a GBX 160 ($1.98) price target on the stock.
Separately, Berenberg Bank restated a buy rating and set a GBX 150 ($1.85) price target on shares of Ecora Resources in a research report on Wednesday, March 27th.
Get Our Latest Research Report on ECOR
Ecora Resources Stock Up 0.4 %
Shares of ECOR traded up GBX 0.30 ($0.00) on Wednesday, reaching GBX 79.70 ($0.98). The company's stock had a trading volume of 805,457 shares, compared to its average volume of 558,839. The firm has a fifty day moving average of GBX 77.09 and a 200-day moving average of GBX 86.13. The company has a current ratio of 0.49, a quick ratio of 2.08 and a debt-to-equity ratio of 10.43. Ecora Resources has a twelve month low of GBX 69.40 ($0.86) and a twelve month high of GBX 125.40 ($1.55). The stock has a market capitalization of £205.55 million, a PE ratio of -1,594.00, a PEG ratio of 0.12 and a beta of 0.71.
Ecora Resources Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, February 14th. Stockholders of record on Thursday, January 11th were given a $0.02 dividend. This represents a dividend yield of 1.46%. The ex-dividend date was Thursday, January 11th. Ecora Resources's dividend payout ratio is currently -14,000.00%.
Insider Activity at Ecora Resources
In other Ecora Resources news, insider Marc Bishop Lafleche bought 65,005 shares of the company's stock in a transaction dated Thursday, February 22nd. The shares were purchased at an average price of GBX 77 ($0.95) per share, for a total transaction of £50,053.85 ($61,825.41). 18.74% of the stock is currently owned by corporate insiders.
About Ecora Resources
(
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Ecora Resources PLC operates as a natural resource royalty and streaming company. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, calcium carbonate, chromite, gold, and silver primarily in Australia, North and South America, Europe, and internationally.
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