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
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In the last year, there was no coverage of Ecora Resources published on Stockchase.
On 2024-12-13, Ecora Resources (ECOR-T) stock closed at a price of $1.31.
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.
(Analysts’ price target is $2.43)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%.