Ecora Resources’ (ECOR) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Ecora Resources (LON:ECOR) in a report published on Tuesday, Marketbeat reports. Berenberg Bank currently has a GBX 120 target price on the stock.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 150 price target on shares of Ecora Resources in a research note on Tuesday, September 2nd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 135.

Ecora Resources Trading Up 0.2%

Shares of ECOR opened at GBX 86.50 on Tuesday. The business’s 50-day moving average price is GBX 74.30 and its 200 day moving average price is GBX 64.82. The stock has a market capitalization of £215.43 million, a P/E ratio of -720.83, a P/E/G ratio of 0.12 and a beta of 0.62. Ecora Resources has a 1-year low of GBX 48 and a 1-year high of GBX 87.27. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 22.68.

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.