Ecora Resources (LON:ECOR) Insider Buys £20,116.25 in Stock

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn purchased 21,175 shares of Ecora Resources stock in a transaction dated Wednesday, November 5th. The stock was bought at an average cost of GBX 95 per share, for a total transaction of £20,116.25.

Ecora Resources Stock Up 0.3%

ECOR traded up GBX 0.30 during trading hours on Thursday, hitting GBX 95.10. 1,375,673 shares of the company’s stock were exchanged, compared to its average volume of 498,250. Ecora Resources PLC has a 12-month low of GBX 48 and a 12-month high of GBX 99.80. The firm has a 50 day moving average of GBX 83.86 and a 200 day moving average of GBX 70.70. The firm has a market cap of £236.85 million, a P/E ratio of -7.93, a price-to-earnings-growth ratio of 0.12 and a beta of 0.62. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 22.68.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ECOR shares. Canaccord Genuity Group upped their target price on shares of Ecora Resources from GBX 150 to GBX 155 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 120 price target on shares of Ecora Resources in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 137.50.

About Ecora Resources

Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating
a sustainable future. The company is listed on both the London and Toronto Stock Exchange.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a
sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.