Ecora Resources (LON:ECOR) Reaches New 1-Year Low at $69.30

Ecora Resources PLC (LON:ECOR)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 69.30 ($0.88) and last traded at GBX 69.80 ($0.88), with a volume of 1393914 shares. The stock had previously closed at GBX 71.30 ($0.90).

Analyst Upgrades and Downgrades

ECOR has been the topic of several research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 160 ($2.02) price objective on shares of Ecora Resources in a research note on Wednesday, April 24th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 140 ($1.77) target price on shares of Ecora Resources in a research report on Monday.

Ecora Resources Price Performance

The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 17.79. The firm has a market cap of £175.40 million, a P/E ratio of -1,718.00, a PEG ratio of 0.12 and a beta of 0.66. The business has a fifty day moving average of GBX 79.69 and a 200 day moving average of GBX 82.40.

Ecora Resources Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 9th were issued a dividend of $0.02 per share. This represents a yield of 1.99%. The ex-dividend date of this dividend was Thursday, May 9th.

Insider Transactions at Ecora Resources

In related news, insider Graeme Dacomb purchased 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The stock was acquired at an average cost of GBX 75 ($0.95) per share, for a total transaction of £15,000 ($18,972.93). In other news, insider Graeme Dacomb acquired 20,000 shares of the stock in a transaction on Monday, June 24th. The stock was acquired at an average cost of GBX 75 ($0.95) per share, for a total transaction of £15,000 ($18,972.93). Also, insider Marc Bishop Lafleche acquired 30,000 shares of the stock in a transaction on Wednesday, June 19th. The shares were purchased at an average price of GBX 75 ($0.95) per share, with a total value of £22,500 ($28,459.40). Insiders bought a total of 108,083 shares of company stock worth $8,106,225 over the last quarter. Company insiders own 22.52% of the company’s stock.

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.