Ecora Resources PLC (LON:ECOR - Get Free Report) insider Kevin Flynn sold 42,728 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of GBX 60 ($0.77), for a total value of £25,636.80 ($33,071.21).
Ecora Resources Price Performance
Shares of LON ECOR traded down GBX 2.50 ($0.03) during midday trading on Friday, reaching GBX 52.50 ($0.68). 925,369 shares of the company were exchanged, compared to its average volume of 563,390. The stock's 50-day moving average price is GBX 61.26 and its 200-day moving average price is GBX 63.51. Ecora Resources PLC has a one year low of GBX 51.80 ($0.67) and a one year high of GBX 88.90 ($1.15). The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 22.68. The stock has a market cap of £161.40 million, a P/E ratio of 6.93, a PEG ratio of 0.12 and a beta of 0.62.
Ecora Resources Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, June 26th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, June 26th. This is a positive change from Ecora Resources's previous dividend of $0.02. This represents a yield of 5.29%. Ecora Resources's dividend payout ratio is currently 65.97%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on ECOR shares. Canaccord Genuity Group boosted their price objective on Ecora Resources from GBX 140 ($1.81) to GBX 145 ($1.87) and gave the company a "buy" rating in a research report on Friday, January 31st. Berenberg Bank reissued a "buy" rating and set a GBX 130 ($1.68) price target on shares of Ecora Resources in a research report on Thursday, March 27th.
Read Our Latest Research Report on ECOR
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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