Ecora Resources PLC (LON:ECOR) Insider Sells £25,636.80 in Stock

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 stock was sold at an average price of GBX 60 ($0.78), for a total transaction of £25,636.80 ($33,148.18).

Ecora Resources Stock Down 4.3 %

Shares of Ecora Resources stock traded down GBX 2.60 ($0.03) during trading on Monday, hitting GBX 57.20 ($0.74). The company’s stock had a trading volume of 1,014,884 shares, compared to its average volume of 548,834. Ecora Resources PLC has a 52 week low of GBX 54.20 ($0.70) and a 52 week high of GBX 88.90 ($1.15). The company has a market capitalization of £175.85 million, a PE ratio of 7.55, a P/E/G ratio of 0.12 and a beta of 0.62. The company has a fifty day simple moving average of GBX 61.59 and a two-hundred day simple moving average of GBX 63.69. The company has a debt-to-equity ratio of 22.68, a quick ratio of 2.08 and a current ratio of 0.60.

Ecora Resources Increases Dividend

The firm also recently announced a dividend, which will be paid on Sunday, August 10th. Shareholders of record on Thursday, July 24th will be paid a dividend of $0.26 per share. This is an increase from Ecora Resources’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, July 24th. This represents a dividend yield of 5.29%. Ecora Resources’s dividend payout ratio (DPR) is currently 65.97%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ECOR shares. 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 stock a “buy” rating in a research note on Friday, January 31st. Berenberg Bank reissued a “buy” rating and issued a GBX 130 ($1.68) target price on shares of Ecora Resources in a research report on Thursday.

Ecora Resources Company Profile

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.