ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ECOR Ecora Resources Plc

64.10
-0.40 (-0.62%)
03 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ecora Resources Plc LSE:ECOR London Ordinary Share GB0006449366 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.62% 64.10 63.80 64.30 65.60 63.20 64.60 293,085 16:35:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal,oth Minerals,ores-whsl 61.9M 847k 0.0034 187.65 160.23M
Ecora Resources Plc is listed in the Coal,oth Minerals,ores-whsl sector of the London Stock Exchange with ticker ECOR. The last closing price for Ecora Resources was 64.50p. Over the last year, Ecora Resources shares have traded in a share price range of 54.40p to 101.00p.

Ecora Resources currently has 248,412,084 shares in issue. The market capitalisation of Ecora Resources is £160.23 million. Ecora Resources has a price to earnings ratio (PE ratio) of 187.65.

Ecora Resources Share Discussion Threads

Showing 726 to 749 of 1050 messages
Chat Pages: Latest  30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
27/3/2024
07:22
Dividend halved, income weak and debt burden too high. Buybacks won’t touch the sides IMHO. More years of pain to come. What a waste of the Kestrel bonanza. MBL out of his depth and investors paying the price. 😡
cocopah
27/3/2024
07:19
Not what I wanted to read this morning, they are cutting the dividend after the FY 2.125 cents payout..A USD10M buyback too, another decision I would not have taken using it for debt reduction instead..Seems they are looking to shore up the balance sheet in anticipation on WM not moving forward, a sensible thing to do, but just bad luck if BHP do not move forward with the build..
laurence llewelyn binliner
20/3/2024
15:37
I would think the divi will have to be cut next year. The far greater issue is the substantial (so far, paper) loss of capital, which will take several years (and a large slice of luck) to rectify. The next thing to go will be the 2016 low … I feel genuinely sorry for those who are ‘heavily’; invested here, the options are not great. MBL has a lot to answer for, having failed on every front since his appointment! 😡
cocopah
20/3/2024
14:46
I hope you are right LLB, but the share price sure does not reflect a safe 9% dividend. Its either the buy of the century, or.....

I see where you are coming from, but I don't await the results with an altogether easy mind!

1knocker
19/3/2024
18:03
I’d like to think JT would have transitioned in a more piecemeal fashion … the all out hung-ho approach was full of risk and unfortunately for investors a costly mistake. No accretive deals means that income is going to be dire for a long while. I can only see this dropping a lot more and with only £8,000 on the line now I am just going to sweat it out for a few years. There is no polishing this one … it’s a real mess.
cocopah
19/3/2024
17:32
#1Knocker, we still have our Kestrel income here for all of 2024/2025 and some of 2026 so far, so the dividend is covered 2 or 3 times over..

What could change, pending the WM update build deferral possibility is the need to substitute that USD10-15M a year income gap IF it happens, but the portfolio can cover the dividend comfortably without it if needed, VB will take care of that as it scales up..

24.04.2024 for the Q1 update..

laurence llewelyn binliner
19/3/2024
15:40
Everything depends on the dividend holding. If the dividend holds and is sutainable, the price is far too low, little more than half what it should be. If the dividend is cut 50 or 60%, it is about right.

Having just seen the DEC dividend cut 66% when on balance i thought it would hold and on worst case be cut 50%, I am feeling less relaxed here than I was!

1knocker
19/3/2024
15:20
Would Treger have done any better? Transitioning a business can always be challenging, particularly when you're hostage to volatile commodity prices and long and potentially uncertain lead times to first production for development assets. And the downside for Royalty companies is that you have no control over the latter.
mwj1959
19/3/2024
09:42
Horrendous loss of shareholder value since Treger departed. From 1.86 at the beginning of April 22 to today's 71p is some drop. From the duff change of name to the 'so far disappointing' transition to future facing metals, it's been a big mistake to hold. Hopefully there's not much further to plummet and I live long enough to see a rebound of some sort.
lcwanderer
18/3/2024
18:47
Coco - thx. I've looked at in the past and not been convinced, which saved me a few quid (it's halved since then!), so going to keep it on the watch list for now.
mwj1959
18/3/2024
14:19
#Flagon, thanks for posting, all we can do is watch and wait here for the WM build update and the Nickel price to pick up again..
laurence llewelyn binliner
18/3/2024
12:18
18th March 2024

MELBOURNE - BHP Group said on Monday some contractors at its West Musgrave nickel and copper project in Western Australia had left its operations as the global miner assesses whether it will put its nickel division on ice due to a severe price slump... etc

Link :

flagon
14/3/2024
17:55
#mwj1959 I’d leave it for a while, worse to come here I fear and I say that as an investor well in the red here (fortunately on a much reduced holding). Their social media team pumped out some nonsense on copper prices today failing to note the significant drop in the price of cobalt (a mainstay of their production!🫣) since last year. Near-term income looks shocking and the current CEO hasn’t plugged the gap. More damp squib than slow burn unfortunately.
cocopah
13/3/2024
10:08
I don't own ECOR, but do have exposure to the sector via TRR. Having attended their presentation last night at the Share Magazine / AJ Bell event the stock at current levels does look interesting, given that it trades at an estimated 0.5 P/NAV, very similar to TRR (compare that with the much higher valuations attached to gold mining royalty companies, many of whom trade at substantial premiums on a P/NAV basis). Sentiment towards the commodity sector in general remains challenging, reflected in the share price, so probably a good time to be looking at the opportunity in these stocks, while recognising that they are probably going to be slow burners.
mwj1959
13/3/2024
09:03
Cobalt.

see price and price graph.

quepassa
13/3/2024
00:35
Good interview explaining Ecora’s transition from Metallurgical Coal to energy transition metals.
888icb
11/3/2024
20:12
#1Knocker, frustrating to be down here at a low of 72 pence, however, compare to BRWM, our share price trend is identical but we are on a steeper discount and an opportunity..

I am looking to add a few on new ISA day if it holds steady which could be a very nice averaging down buy for what should/could be a 10% yield at the price.

New company presentation tomorrow, not sure if it might point towards anything new though, we will have to check and find out.. :o)

Senior management will deliver a presentation about the Company to update existing and potential investors on Ecora's business plans..

laurence llewelyn binliner
11/3/2024
16:34
I do hope you are right LLB. I have just bought a few more at 72.27, and that is my lot. My average purchase price is now 119.6, though counting the sale of a chunk a while back at 160 my current cost per share is under that. I am still deep in the red though on the capital account. So everything depends upon the dividend holding.

Cut it any which way you like, but to my mind the price and the dividend are at odds and the dividend is going to fall or the share price is going to rise. I sincerely hope it will be he latter!

1knocker
11/3/2024
15:42
#Andydaf, if we consider the portfolio generated USD27.7M in 2023 without Kestrel, and VB was down -USD13M / 70% on 2022, then it can stand on its own feet and cover the dividend without Kestrel..

BUT we do have Kestrel for 2024/2025 with expectations of +15/+25% on tonnages, and VB will be ramping up from 11 deliveries (2023) to an expected 14 (2024), and 28 (2025) so we will be recovering the gap down in income..

WM is an unknown right now, but the Nickel price is recovering so this will influence BHP decision to accelerate or slow the mine build..

We also know the BOD are sitting on USD230M of funds available to consider/progress/acquire new royalties to further build the portfolio out, and now is the time to go shopping while bank debt is very expensive and hard to get.

laurence llewelyn binliner
11/3/2024
15:21
Took a few more today.More than likely a bit early but i suppose thats the gamble.Kestrel should see us through 24/25 but then everything is in the lap of the gods.If nickel and cobalt prices rebound and copper flies i will think i have been a smart so and so,if they dont i will be crying into my tea.GLA
andydaf
10/3/2024
18:55
Surely it is 10 years from now is the measurement of you are buying in
dartboard1
10/3/2024
17:24
I like the look of TRR at its current price. Also Ecor under 100p, despite your reservations, which I broadly share. I think they are more than priced in now.

My core holdings though are Rio, BHP and Glencore. I am a minimum of 50% up on each of those. Keep an eye on BRWM too. Mining is cyclical, so timing of purchases matters. I don't think there is any hurry to buy /top up any of those just yet, but I am watching them closely and expect to do so some tme this year. The big miners have shown unheard of disciplne over the past peak, and are in much better balance sheet shape than is usually the case.

1knocker
10/3/2024
16:38
I used to have a sizeable holding in APC, but sold out when they started to move so aggressively into battery materials at what I thought were meaty valuations. In retrospect, that was an excellent decision. Looking at the numbers now, everything about the company still seems overdependent on a declining income from Kestral. For those of you who follow this closely, what am I missing? I'm currently lacking any natural materials in my portfolio, believe that this is a good time in the cycle to invest, but am not sure that Ecora ( as it is now) is the right vehicle?
reddirish
10/3/2024
16:12
well, well well.

famous last words of LLB

"we need to hold a share for a decade, through a commodity cycle and measure it on a total return basis before concluding if we got it right or wrong.. :o)".

let's put that decade long holding period to the test

Price 1st March:-

2014 - 180 pence (anglo-pac)
2024 - 75 pence


disastrous destruction of shareholder value over last decade.

care to comment??

quepassa
Chat Pages: Latest  30  29  28  27  26  25  24  23  22  21  20  19  Older

Your Recent History

Delayed Upgrade Clock