Ecora Resources PLC (LON:ECOR - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 65.28 ($0.81) and traded as high as GBX 65.60 ($0.81). Ecora Resources shares last traded at GBX 63.90 ($0.79), with a volume of 293,085 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 150 ($1.86) price objective on shares of Ecora Resources in a report on Wednesday, October 23rd.
Get Our Latest Analysis on ECOR
Ecora Resources Stock Performance
The company has a quick ratio of 2.08, a current ratio of 3.04 and a debt-to-equity ratio of 21.86. The company has a fifty day moving average price of GBX 63.55 and a 200 day moving average price of GBX 65.28. The stock has a market cap of £158.84 million, a PE ratio of 1,064.92, a P/E/G ratio of 0.12 and a beta of 0.62.
Ecora Resources Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be paid a $0.02 dividend. The ex-dividend date is Thursday, January 2nd. This represents a yield of 2.24%. Ecora Resources's dividend payout ratio (DPR) is currently 8,333.33%.
Insider Activity
In other news, insider Marc Bishop Lafleche acquired 100,000 shares of the stock in a transaction dated Thursday, October 24th. The stock was purchased at an average cost of GBX 63 ($0.78) per share, with a total value of £63,000 ($78,260.87). Insiders own 21.91% of the company's stock.
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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