Ecora Resources PLC (LON:ECOR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 64.06 ($0.80) and traded as high as GBX 64.30 ($0.80). Ecora Resources shares last traded at GBX 62.90 ($0.78), with a volume of 248,813 shares.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on ECOR shares. Canaccord Genuity Group boosted their price objective on shares of Ecora Resources from GBX 140 ($1.74) to GBX 145 ($1.81) and gave the stock a "buy" rating in a research report on Friday, January 31st. Berenberg Bank restated a "buy" rating and set a GBX 150 ($1.87) price objective on shares of Ecora Resources in a research report on Wednesday, October 23rd.
Get Our Latest Research Report on Ecora Resources
Ecora Resources Trading Down 1.1 %
The stock has a market capitalization of £156.62 million, a price-to-earnings ratio of 1,050.00, a PEG ratio of 0.12 and a beta of 0.62. The company has a debt-to-equity ratio of 21.86, a current ratio of 3.04 and a quick ratio of 2.08. The business's 50-day simple moving average is GBX 63.10 and its two-hundred day simple moving average is GBX 64.06.
Ecora Resources Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 2.24%. Ecora Resources's payout ratio is currently 8,333.33%.
About Ecora Resources
(
Get Free Report)
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.
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