Ecora Resources PLC (ECOR) To Go Ex-Dividend on January 2nd

Ecora Resources PLC (LON:ECOR) announced a dividend on Wednesday, September 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 2nd will be paid a dividend of $0.02 per share on Friday, January 31st. This represents a yield of 2.24%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be seen at this link.

Ecora Resources Trading Down 4.8 %

LON ECOR opened at GBX 59.39 ($0.78) on Friday. Ecora Resources has a 52 week low of GBX 54.20 ($0.71) and a 52 week high of GBX 114.40 ($1.50). The firm has a 50 day moving average of GBX 64.60 and a two-hundred day moving average of GBX 73.79. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 17.79. The stock has a market capitalization of £147.53 million, a PE ratio of -1,718.00, a price-to-earnings-growth ratio of 0.12 and a beta of 0.65.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ECOR shares. Berenberg Bank restated a “buy” rating and issued a GBX 150 ($1.97) price target on shares of Ecora Resources in a research note on Wednesday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 150 ($1.97) target price on shares of Ecora Resources in a research report on Wednesday. Finally, Royal Bank of Canada boosted their target price on Ecora Resources from GBX 100 ($1.31) to GBX 120 ($1.58) and gave the company an “outperform” rating in a report on Thursday.

Insiders Place Their Bets

In related news, insider Kevin Flynn acquired 33,083 shares of Ecora Resources stock in a transaction on Monday, June 17th. The stock was purchased at an average cost of GBX 75 ($0.99) per share, with a total value of £24,812.25 ($32,626.23). In other news, insider Kevin Flynn acquired 33,083 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were purchased at an average cost of GBX 75 ($0.99) per share, for a total transaction of £24,812.25 ($32,626.23). Also, insider Andrew Webb acquired 25,000 shares of the business’s stock in a transaction on Friday, June 14th. The shares were purchased at an average price of GBX 75 ($0.99) per share, with a total value of £18,750 ($24,654.83). In the last three months, insiders have acquired 183,083 shares of company stock valued at $12,906,225. Insiders own 22.78% of the company’s stock.

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.