Ecora Resources PLC (LON:ECOR) Insider Buys £48,000 in Stock

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche bought 75,000 shares of Ecora Resources stock in a transaction on Monday, July 29th. The shares were acquired at an average price of GBX 64 ($0.82) per share, for a total transaction of £48,000 ($61,744.28).

Marc Bishop Lafleche also recently made the following trade(s):

• On Wednesday, June 19th, Marc Bishop Lafleche bought 30,000 shares of Ecora Resources stock. The shares were acquired at an average price of GBX 75 ($0.96) per share, for a total transaction of £22,500 ($28,942.63).

Ecora Resources Stock Performance

ECOR opened at GBX 63.10 ($0.81) on Friday. Ecora Resources PLC has a 52-week low of GBX 61.60 ($0.79) and a 52-week high of GBX 114.40 ($1.47). The firm has a market capitalization of £157.66 million, a PE ratio of -1,718.00, a PEG 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 business’s 50-day simple moving average is GBX 71.24 and its 200 day simple moving average is GBX 77.75.

Ecora Resources Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Thursday, May 9th. This represents a yield of 1.99%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 140 ($1.80) target price on shares of Ecora Resources in a report on Thursday, July 11th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 63 ($0.81) price target on shares of Ecora Resources in a report on Wednesday, July 24th.

Ecora Resources Company Profile

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.