Ecora Resources (LON:ECOR) Insider Marc Bishop Lafleche Buys 13,000 Shares of Company Stock

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche bought 13,000 shares of the company’s stock in a transaction that occurred on Thursday, November 5th. The shares were bought at an average cost of GBX 141 per share, for a total transaction of £18,330.

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

• On Thursday, November 5th, Marc Bishop Lafleche bought 5,000 shares of Ecora Resources stock. The stock was acquired at an average cost of GBX 140 per share, for a total transaction of £7,000.

Ecora Resources Stock Up 2.5%

LON ECOR opened at GBX 145 on Monday. The firm has a market cap of £362.03 million, a PE ratio of 7.24, a price-to-earnings-growth ratio of 0.12 and a beta of 0.50. Ecora Resources PLC has a one year low of GBX 88.40 and a one year high of GBX 181.40. The stock’s 50 day simple moving average is GBX 161.98 and its 200 day simple moving average is GBX 145.99. The company has a debt-to-equity ratio of 17.90, a current ratio of 1.77 and a quick ratio of 2.08.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Canaccord Genuity Group restated a “buy” rating and set a GBX 195 target price on shares of Ecora Resources in a report on Wednesday, September 2nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 180 price target on shares of Ecora Resources in a report on Wednesday, October 21st. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 186.67.

Ecora Resources Company Profile

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.