Ecora Resources’ (ECOR) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Ecora Resources (LON:ECOR – Free Report) in a research report sent to investors on Wednesday,Digital Look reports. The brokerage currently has a GBX 190 price target on the stock.

ECOR has been the topic of several other reports. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 185 price objective on shares of Ecora Resources in a research report on Monday, June 15th. Canaccord Genuity Group lifted their target price on Ecora Resources from GBX 185 to GBX 195 and gave the company a “buy” rating in a research note on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 190.

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Ecora Resources Price Performance

Shares of LON:ECOR opened at GBX 172.20 on Wednesday. The company has a debt-to-equity ratio of 17.90, a current ratio of 1.77 and a quick ratio of 2.08. Ecora Resources has a 1-year low of GBX 72.80 and a 1-year high of GBX 180.89. The company has a market capitalization of £429.56 million, a P/E ratio of 19.39, a P/E/G ratio of 0.12 and a beta of 0.47. The firm’s 50 day simple moving average is GBX 147.65 and its two-hundred day simple moving average is GBX 141.73.

About Ecora Resources

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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.

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