Ecora Resources PLC (LON:ECOR) Insider Graeme Dacomb Purchases 20,000 Shares of Stock

Ecora Resources PLC (LON:ECOR) insider Graeme Dacomb acquired 20,000 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were purchased at an average cost of GBX 75 ($0.95) per share, with a total value of £15,000 ($19,028.29).

Ecora Resources Trading Down 0.9 %

Shares of Ecora Resources stock opened at GBX 76.20 ($0.97) on Tuesday. 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 company has a fifty day simple moving average of GBX 81.04 and a 200-day simple moving average of GBX 83.03. The stock has a market cap of £190.39 million, a price-to-earnings ratio of -1,718.00, a PEG ratio of 0.12 and a beta of 0.66. Ecora Resources PLC has a 12-month low of GBX 69.40 ($0.88) and a 12-month high of GBX 124.20 ($1.58).

Ecora Resources Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 9th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a yield of 1.99%.

Wall Street Analysts Forecast Growth

ECOR has been the topic of a number of analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 150 ($1.90) price target on shares of Ecora Resources in a research note on Wednesday, March 27th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 160 ($2.03) target price on shares of Ecora Resources in a research report on Wednesday, April 24th.

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.