Ecora Resources’ (ECOR) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Ecora Resources (LON:ECOR) in a report published on Wednesday,Digital Look reports. The firm currently has a GBX 195 price target on the stock.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank reissued a “buy” rating and set a GBX 190 target price on shares of Ecora Resources in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 185 price target on shares of Ecora Resources in a report on Monday, June 15th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 190.

Ecora Resources Stock Performance

ECOR opened at GBX 172.20 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 2.08 and a debt-to-equity ratio of 17.90. Ecora Resources has a 12-month low of GBX 72.80 and a 12-month high of GBX 180.89. The firm has a 50 day moving average of GBX 147.65 and a two-hundred day moving average of GBX 141.73. The firm has a market capitalization of £429.56 million, a PE ratio of 19.39, a P/E/G ratio of 0.12 and a beta of 0.47.

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.