Ecora Resources (LON:ECOR) Insider Marc Bishop Lafleche Purchases 13,000 Shares of Company Stock

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche purchased 13,000 shares of the stock in a transaction dated Thursday, November 5th. The shares were acquired at an average price of GBX 141 per share, with a total value of £18,330.

Marc Bishop Lafleche also recently made the following trade(s):

• On Thursday, November 5th, Marc Bishop Lafleche acquired 5,000 shares of Ecora Resources stock. The stock was acquired at an average price of GBX 140 per share, for a total transaction of £7,000.

Ecora Resources Trading Up 2.5%

Shares of LON ECOR opened at GBX 145 on Monday. Ecora Resources PLC has a fifty-two week low of GBX 88.40 and a fifty-two week high of GBX 181.40. The firm has a market capitalization of £362.03 million, a P/E ratio of 7.24, a P/E/G ratio of 0.12 and a beta of 0.50. The company has a debt-to-equity ratio of 17.90, a current ratio of 1.77 and a quick ratio of 2.08. The company’s 50 day simple moving average is GBX 161.98 and its 200 day simple moving average is GBX 145.99.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ECOR. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 195 price target on shares of Ecora Resources in a research note on Wednesday, September 2nd. Berenberg Bank restated a “buy” rating and issued a GBX 180 price target on shares of Ecora Resources in a research report on Wednesday, October 21st. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Ecora Resources currently has a consensus rating of “Buy” and an average target price of GBX 186.67.

About Ecora Resources

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.