Ecora Resources PLC (LON:ECOR) Insider Buys £48,000 in Stock

Ecora Resources PLC (LON:ECOR) insider Marc Bishop Lafleche bought 75,000 shares of Ecora Resources stock in a transaction dated Monday, July 29th. The stock was purchased at an average price of GBX 64 ($0.82) per share, with a total value of £48,000 ($61,744.28).

Marc Bishop Lafleche also recently made the following trade(s):

• On Wednesday, June 19th, Marc Bishop Lafleche bought 30,000 shares of Ecora Resources stock. The stock was purchased at an average price of GBX 75 ($0.96) per share, with a total value of £22,500 ($28,942.63).

Ecora Resources Price Performance

Shares of LON ECOR opened at GBX 63.10 ($0.81) on Friday. Ecora Resources PLC has a fifty-two week low of GBX 61.60 ($0.79) and a fifty-two week high of GBX 114.40 ($1.47). The stock has a market cap of £157.66 million, a price-to-earnings ratio of -1,718.00, a PEG ratio of 0.12 and a beta of 0.66. The company has a debt-to-equity ratio of 17.79, a quick ratio of 2.08 and a current ratio of 0.60. The firm’s 50-day simple moving average is GBX 71.24 and its 200 day simple moving average is GBX 77.75.

Ecora Resources Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ECOR shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 140 ($1.80) price target on shares of Ecora Resources in a research report on Thursday, July 11th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 63 ($0.81) price target on shares of Ecora Resources in a research report on Wednesday, July 24th.

Ecora Resources Company Profile

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.