Ecora Resources PLC (ECOR) To Go Ex-Dividend on July 24th

Ecora Resources PLC (LON:ECOR) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, July 24th will be given a dividend of $0.26 per share on Sunday, August 10th. This represents a yield of 5.29%. The ex-dividend date is Thursday, July 24th. This is a 1,423.5% increase from Ecora Resources’s previous dividend of $0.02. The official announcement can be accessed at this link.

Ecora Resources Price Performance

Shares of ECOR opened at GBX 59.60 ($0.77) on Friday. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 22.68. Ecora Resources has a twelve month low of GBX 54.20 ($0.70) and a twelve month high of GBX 88.90 ($1.15). The stock has a market capitalization of £183.23 million, a P/E ratio of 7.86, a P/E/G ratio of 0.12 and a beta of 0.62. The company has a 50 day moving average of GBX 61.59 and a 200-day moving average of GBX 63.65.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ECOR. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 130 ($1.68) target price on shares of Ecora Resources in a research report on Thursday. Canaccord Genuity Group raised their price objective on Ecora Resources from GBX 140 ($1.81) to GBX 145 ($1.88) and gave the company a “buy” rating in a report on Friday, January 31st.

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.