Ecora Resources’ (ECOR) Buy Rating Reaffirmed at Royal Bank Of Canada

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating reiterated by investment analysts at Royal Bank Of Canada in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 175 price objective on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 35.87% from the company’s current price.

ECOR has been the subject of a number of other reports. Berenberg Bank restated a “buy” rating and set a GBX 150 price objective on shares of Ecora Resources in a report on Friday, January 23rd. Canaccord Genuity Group upped their price target on Ecora Resources from GBX 155 to GBX 185 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Ecora Resources currently has an average rating of “Buy” and a consensus price target of GBX 170.

Ecora Resources Trading Down 0.3%

ECOR stock traded down GBX 0.40 on Wednesday, hitting GBX 128.80. 900,311 shares of the company were exchanged, compared to its average volume of 1,510,498. The company has a debt-to-equity ratio of 31.55, a current ratio of 2.49 and a quick ratio of 2.08. The stock has a market capitalization of £321.30 million, a price-to-earnings ratio of -10.73, a price-to-earnings-growth ratio of 0.12 and a beta of 0.53. Ecora Resources has a twelve month low of GBX 48 and a twelve month high of GBX 155.20. The business’s fifty day moving average is GBX 136.63 and its two-hundred day moving average is GBX 108.93.

Ecora Resources Company Profile

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.