Ecora Resources' (ECOR) "Buy" Rating Reiterated at Berenberg Bank

Ecora Resources (LON:ECOR - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They presently have a GBX 150 ($1.95) target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. Canaccord Genuity Group restated a "buy" rating and issued a GBX 150 ($1.95) price objective on shares of Ecora Resources in a research report on Wednesday, September 4th. Royal Bank of Canada raised their price target on shares of Ecora Resources from GBX 100 ($1.30) to GBX 120 ($1.56) and gave the company an "outperform" rating in a report on Thursday, September 5th.

Ecora Resources Stock Performance

Ecora Resources has a 1-year low of GBX 54.20 ($0.70) and a 1-year high of GBX 101 ($1.31). The company has a market capitalization of £156.76 million, a PE ratio of 1,050.97, a PEG ratio of 0.12 and a beta of 0.62. 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 business's 50 day simple moving average is GBX 65.26 and its two-hundred day simple moving average is GBX 71.96.

Insider Activity

In related news, insider Marc Bishop Lafleche bought 75,000 shares of the firm's stock in a transaction dated Monday, July 29th. The stock was bought at an average cost of GBX 64 ($0.83) per share, for a total transaction of £48,000 ($62,321.47). 21.91% of the stock is currently owned by company insiders.

About Ecora Resources

Ecora Resources PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, and silver.