Ecora Resources (LON:ECOR) Stock Price Crosses Below Two Hundred Day Moving Average of $115.77

Shares of Ecora Resources PLC (LON:ECOR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 115.77 ($1.43) and traded as low as GBX 110 ($1.36). Ecora Resources shares last traded at GBX 110.40 ($1.37), with a volume of 342,229 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ECOR shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 180 ($2.23) target price on shares of Ecora Resources in a report on Tuesday, September 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 230 ($2.85) price target on shares of Ecora Resources in a report on Tuesday, July 25th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 180 ($2.23) price target on shares of Ecora Resources in a report on Tuesday, September 5th.

Ecora Resources Trading Up 0.9 %

The company has a quick ratio of 2.08, a current ratio of 0.49 and a debt-to-equity ratio of 10.43. The business’s fifty day moving average is GBX 111.05 and its 200 day moving average is GBX 115.77. The firm has a market capitalization of £287.30 million, a price-to-earnings ratio of -2,228.00, a price-to-earnings-growth ratio of 0.12 and a beta of 0.68.

Insider Buying and Selling at Ecora Resources

In other news, insider Kevin Flynn acquired 4,700 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was bought at an average price of GBX 107 ($1.33) per share, with a total value of £5,029 ($6,229.41). In other news, insider Kevin Flynn bought 4,700 shares of the company’s stock in a transaction dated Friday, September 8th. The stock was bought at an average cost of GBX 107 ($1.33) per share, for a total transaction of £5,029 ($6,229.41). Also, insider Marc Bishop Lafleche bought 7,500 shares of Ecora Resources stock in a transaction on Wednesday, August 2nd. The shares were acquired at an average cost of GBX 113 ($1.40) per share, for a total transaction of £8,475 ($10,497.96). Company insiders own 21.44% of the company’s stock.

Ecora Resources Company Profile

Ecora Resources PLC operates as a natural resource royalty and streaming company. It has royalties and investments in mining and exploration interests in cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, calcium carbonate, chromite, gold, and silver primarily in Australia, North and South America, Europe, and internationally.