This summary was created by AI, based on 2 opinions in the last 12 months.
Ecora Resources (ECOR-T) is uniquely positioned due to its diversified royalty base, generating substantial free cash flow despite political pressures associated with coal. While coal royalties face declining valuations, they remain a vital source of income for the company, leading experts to anticipate significant revenue and free cash flow growth in the coming years. Analysts believe that the current market undervalues Ecora, established as the cheapest among intermediate royalty companies, which has a solid cash flow pipeline largely stemming from coal. With a current yield of 4% and a price target of $2.43, experts express confidence that the share price will increase or that the company will attract consolidation interest from larger royalty firms, presenting definitive opportunities for investors. This combination of revenue growth potential and market dynamics draws attention to Ecora as a promising investment.
Cheapest of the intermediate royalty companies, but best cashflow pipeline. Based in London UK and there aren't a lot of royalty companies there. Principal source of free cashflow is coal, decidedly out of favour. Royalties from coal will go down over next 3-5 years.
The market's missing its wonderful portfolio of other assets. One of 2 things will happen. Either share price goes up, or it gets consolidated by another mid-tier, or larger, royalty company. Would make a wonderful tuck-in acquisition. Yield is 4%.
Ecora Resources is a Canadian stock, trading under the symbol ECOR-T on the Toronto Stock Exchange (ECOR-CT). It is usually referred to as TSX:ECOR or ECOR-T
In the last year, 1 stock analyst published opinions about ECOR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ecora Resources.
Ecora Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Ecora Resources.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Ecora Resources In the last year. It is a trending stock that is worth watching.
On 2025-04-15, Ecora Resources (ECOR-T) stock closed at a price of $0.98.
Diversified its royalty base. Coal royalties are effectively valued at 0, due to political incorrectness of coal; but they generate substantial free cashflow. Free cashflows in the royalty business are very strong, as you don't have operating or capital costs. Looks to be in for a period of revenue growth, suggesting pretty dramatic FCF growth.
Either the share price goes up, or it gets taken over by another royalty company.