Ecora Resources PLC (LON:ECOR) Insider Kevin Flynn Sells 42,728 Shares

Ecora Resources PLC (LON:ECOR) insider Kevin Flynn sold 42,728 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of GBX 60 ($0.78), for a total value of £25,636.80 ($33,122.48).

Ecora Resources Trading Down 4.3 %

Shares of LON ECOR opened at GBX 57.20 ($0.74) on Tuesday. Ecora Resources PLC has a 1 year low of GBX 54.20 ($0.70) and a 1 year high of GBX 88.90 ($1.15). The company has a debt-to-equity ratio of 22.68, a current ratio of 0.60 and a quick ratio of 2.08. The firm has a 50-day moving average of GBX 61.44 and a 200 day moving average of GBX 63.64. The stock has a market cap of £175.85 million, a P/E ratio of 7.55, a price-to-earnings-growth ratio of 0.12 and a beta of 0.62.

Ecora Resources Increases Dividend

The business also recently declared a dividend, which will be paid on Sunday, August 10th. Stockholders of record on Thursday, July 24th will be given a $0.26 dividend. This represents a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, July 24th. This is a positive change from Ecora Resources’s previous dividend of $0.02. Ecora Resources’s payout ratio is currently 65.97%.

Analysts Set New Price Targets

ECOR has been the topic of several recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 130 ($1.68) target price on shares of Ecora Resources in a report on Thursday, March 27th. Canaccord Genuity Group increased their price target on shares of 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.

About Ecora Resources

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.