Ecora Resources (LON:ECOR) Rating Reiterated by Canaccord Genuity Group

Ecora Resources (LON:ECOR)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity Group in a research report issued on Wednesday, MarketBeat reports. They presently have a GBX 63 ($0.81) price target on the stock. Canaccord Genuity Group’s price target would suggest a potential downside of 0.47% from the stock’s current price.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Ecora Resources in a report on Thursday, July 11th.

Ecora Resources Stock Performance

Shares of ECOR stock traded up GBX 0.60 ($0.01) during trading hours on Wednesday, hitting GBX 63.30 ($0.82). 536,493 shares of the company were exchanged, compared to its average volume of 609,022. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 17.79. The stock has a market capitalization of £158.16 million, a price-to-earnings ratio of -1,718.00, a P/E/G ratio of 0.12 and a beta of 0.66. The firm has a fifty day simple moving average of GBX 74.64 and a 200 day simple moving average of GBX 79.16. Ecora Resources has a 52-week low of GBX 62.30 ($0.81) and a 52-week high of GBX 122 ($1.58).

Insider Activity

In other Ecora Resources news, insider Andrew Webb bought 25,000 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was acquired at an average price of GBX 75 ($0.97) per share, with a total value of £18,750 ($24,249.87). In related news, insider Andrew Webb bought 25,000 shares of the company’s stock in a transaction on Friday, June 14th. The shares were acquired at an average cost of GBX 75 ($0.97) per share, with a total value of £18,750 ($24,249.87). Also, insider Graeme Dacomb bought 20,000 shares of the business’s stock in a transaction dated Monday, June 24th. The stock was bought at an average cost of GBX 75 ($0.97) per share, for a total transaction of £15,000 ($19,399.90). In the last 90 days, insiders have acquired 108,083 shares of company stock worth $8,106,225. Corporate insiders own 22.52% of the company’s stock.

Ecora Resources Company Profile

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.