Insider Buying: Ecora Resources PLC (LON:ECOR) Insider Acquires £15,000 in Stock

Ecora Resources PLC (LON:ECOR) insider Graeme Dacomb purchased 20,000 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were purchased at an average price of GBX 75 ($0.95) per share, for a total transaction of £15,000 ($19,028.29).

Ecora Resources Stock Down 1.5 %

Ecora Resources stock opened at GBX 73.70 ($0.93) on Thursday. The firm has a market cap of £184.15 million, a PE ratio of -1,718.00, a P/E/G ratio of 0.12 and a beta of 0.66. The company has a debt-to-equity ratio of 17.79, a quick ratio of 2.08 and a current ratio of 0.60. The firm’s 50 day moving average price is GBX 80.70 and its two-hundred day moving average price is GBX 82.89. Ecora Resources PLC has a twelve month low of GBX 69.40 ($0.88) and a twelve month high of GBX 124.20 ($1.58).

Ecora Resources Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Thursday, May 9th were paid a $0.02 dividend. The ex-dividend date was Thursday, May 9th. This represents a yield of 1.99%.

Wall Street Analysts Forecast Growth

ECOR has been the topic of a number of recent analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 150 ($1.90) price target on shares of Ecora Resources in a report on Wednesday, March 27th. Canaccord Genuity Group restated a “buy” rating and set a GBX 160 ($2.03) price target on shares of Ecora Resources in a report on Wednesday, April 24th.

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.