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 default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ECOR Ecora Resources Plc

61.90
-1.30 (-2.06%)
31 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 Shares Traded Last Trade
  -1.30 -2.06% 61.90 277,962 16:35:28
Bid Price Offer Price High Price Low Price Open Price
62.10 62.60 63.30 61.30 62.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal,oth Minerals,ores-whsl USD 61.9M USD 847k USD 0.0034 183.82 157M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:28 UT 21,782 61.90 GBX

Ecora Resources (ECOR) Latest News

Ecora Resources (ECOR) Discussions and Chat

Ecora Resources Forums and Chat

Date Time Title Posts
29/1/202509:11ECORA RESOURCES1,042
25/1/202308:15Ecora Resource2
17/1/202312:21Ecora - The New Pacific Resources7

Add a New Thread

Ecora Resources (ECOR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-31 16:35:2861.9021,78213,483.06UT
2025-01-31 16:29:5662.50106.25AT
2025-01-31 16:29:5062.50138.13AT
2025-01-31 16:29:3162.501610.00AT
2025-01-31 16:28:3262.403119.34AT

Ecora Resources (ECOR) Top Chat Posts

Top Posts
Posted at 01/2/2025 08:20 by Ecora Resources Daily Update
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 63.20p.
Ecora Resources currently has 248,412,084 shares in issue. The market capitalisation of Ecora Resources is £155,257,553.
Ecora Resources has a price to earnings ratio (PE ratio) of 183.82.
This morning ECOR shares opened at 62.50p
Posted at 19/12/2024 10:23 by the deacon
I agree. Rick is right in so much as on a forward looking basis Ecora is cheap - assuming Santo Domingo, Piaui and West Musgrave get into production. The elephant in this particular room, however, is the management. I wasn't particularly enamored by MBL's appointment when Treger left, and I think that's been proved right. It's funny, as I agree with what Rick Rule has often said about the management teams in the royalty and streaming space. The royalty and streaming model has attracted and developed some of the very best in the business. ECOR seems to the exception, unfortunately. He mentions Altius Minerals in the interview. I've had Altius in my portfolio since their COVID-related knockdown around $8. They've an exceptionally switched on team who understand how to grow a royalty business. It is possible that ECOR gets a bid from another player, but that'll only be down to the inability of the current team to extract value for shareholders. I've said before, some of the nickel, cobalt and copper assets in the Ecora portfolio are amongst the most attractive royalties and streams in the diversified and mid tier spaces. I dislike the feeling of the 'job done' attitude that i pick up from this management team - particularly the CEO. As QP points out, the value destruction here is completely the opposite to the performance of Ecora's closest peer.
Posted at 19/12/2024 06:35 by quepassa
Share price performance over twelve months:-

19/12/23 - 95p

19/12/24 - 63p

Negative Performance of c. minus -33%


..hmmmm

not good.

all imo. dyor.
qp
Posted at 11/9/2024 15:09 by cocopah
Well, that was hard work and a hard listen. At least MBL appeared and sounded less smug. It looks as if current investors will just have to suck it up for the next three to five years before seeing an marked improvement in the share price. There really is nothing to entice new investors in the short to medium term either. I can see the share price falling away some more in the short-term too.
Posted at 03/9/2024 17:45 by quepassa
As predicted by me, the share price has now tumbled firmly into the 50p range.


Fresh Article on Yahoo Finance / Simply Wall Street dd. 29/8/24 headed:-



" ECORA RESOURCES... SHARES COULD BE 32% ABOVE THEIR INTRINSIC VALUE ESTIMATE"



which continues:-



" Using the Dividend Discount Model, Ecora Resources fair value estimate is UK£0.45"


Link to article herewith:-

hXXps://finance.yahoo.com/news/ecora-resources-plc-lon-ecor-054631813.html

The SWOT analysis in the article is worth contemplating.


The share price graph remains in my opinion on a downwards trajectory.

ALL IMO. DYOR.
QP
Posted at 16/8/2024 20:59 by the deacon
That's the risk, yes. West Musgrave and Santo Domingo are the two that prompted ECOR to execute the S32 transaction - in the belief that at least WM would be in production by the time Kestrel came to an end. Piaui has the potential to contribute meaningfully but, as is the case with WM - the nickel market/outlook isn't conducive to a new mine build. Remember, BHP initially sold WM to Oz Minerals, and now have it back following the Oz takeover. It's safe to say BHP aren't overly enamored with the economics at WM, so it's difficult to say when that situation changes. Santo Domingo has always been a high cost option for Capstone. The chunky upfront capex is likely a turn off vs the option of M&A. I'm sure WM and Santo Domingo get into production, but I very much doubt either make it before Kestrel ends. Then there's Voiseys Bay. VB is predominantly a nickel mine, with ECOR enjoying a stream on the cobalt byproduct. Ramp up is expected to improve things, but won't bridge the kestrel void on its own for ECOR.Difficult to know what's going on at Piaui given there's no public disclosure requirements there. I suspect there'll be no rush to commercial production though - with similar outlook issues to WM. In a market where there's a rush to bring on new meaningful (scale) production asap, then these assets get built and ECOR makes a heck of a lot of money. But we're not in that market, and unfortunately the cash cow is running out fast. Recently there's been a flurry of royalties purchased on producing copper assets by some of the bigger royalty co's. That's the sort of place ECOR's cash should have gone given the time constraint. I'm sure WM, Santo Domingo and Piaui all make it into production, but I'm also equally sure it won't be in time to fill that oncoming Kestrel void.
Posted at 12/7/2024 05:29 by quepassa
There is ZERO evidence of any M&A interest in Ecora.

Good try guys! - but no-one would likely be interested in this Heinz-57 assortment of investments.


Meanwhile the uranium markets have started moving again after an early summer lull as Biden has just signed the Advance Act to promote US nuclear industries and Kazakh has hiked tax on uranium exports.

Astonishing how little Ecora has in uranium.

Elsewhere and to put things into perspective, peer-group streamer Franco-Nevada by comparison UP 30% since March from C$1.40 to C$1.75 compared to Ecora's losing share price.


The big problem in my view with Ecora is their portfolio. It's over-diversified and nebulous. They need to re-invent themselves again as the latest strategy is not bringing home the bacon.

They once made a lot of money by placing a big bet at the right time on coal.

Now they've spread their chips all over the roulette table under the guise of green metals/commodities and they are losing lots of their bets.

This company needs to double-down on a smaller spread of investments and focus on that hard.

Until something changes, this share will continue its downwards trajectory in my view.

ALL IMO. DYOR.
QP
Posted at 01/6/2024 17:23 by cocopah
A cynic might argue that the buyback was instigated not long after the CEO bought a load of shares (presumably hoping - misguidedly - that such a director investment would put a base under the share price). The share price then tanked. The share buyback has been done thoughtlessly and in a rush at too high a premium. I believe that the share price will continue to slide which means it will probably be several years before I get the remainder of my money back. Luckily, it’s not a significant investment but it still smarts. MBL said on several occasions that he was looking for an accretive deal in the near term and completely failed to deliver. He has proved to be a poor replacement for his predecessor.

It doesn’t help that their PR machine keeps pumping absolute garbage out about copper prices on their social media when having made such a hash of things they would be be better served keeping silent.

I will try and keep my thoughts to myself from now on and just sell when the price recovers sufficiently for me to take a minimal loss.
Posted at 01/6/2024 08:52 by 1knocker
There wewe a good many of us who disliked the move away from coal and thought it a serious mistake.

It is perfectly fair to say that those of us who stayed in, and even added to, our holdings here after reaching that conclusion acted irrationally.

The more serious strategic error the company has made though is misreading how to play the 'green energy /electrification revolution'. The key is copper, and copper prices and investments remained surprisingly cheap for a considerable period. That provided a window of investment opportunity which was missed. Add to that the purchase of then 'fashionable' electrification /battery materials investments at high prices, and it is evident that the management here are merely chasing the market rather than analysing it.

Those who have bought in at 70/80 ought to be OK, but those of us with holdings bought around 120 probably have a long wait before we get our heads above water again. Anyone (not many of us I hope) who bought close to 200 is cooked. That was a selling not a buying price, whatever strategy the management had adopted. Even the best companies are bad investments if you overpay.

We should not rail against the management. Our losses are not caused by their mistakes but by our mistakes in failing to recognise theirs, and in investing /staying invested even when we do recognise their mistakes. ECOR is stuck with the consequences of its decisions. we are not stuck with ECOR.

I shall sell ECOR down as and when I see better opportunities in the sector elsewhere. I don't care whether i recover my money holding ECOR or selling it to invest elsewhere, but before I rotate into something else I need to be sure that I have thought the 'something else' rather more thoroughly than i did ECOR when I held on here despite my misgivings as to its strategy.
Posted at 28/3/2024 15:17 by cocopah
His smugness (MBL) is about as good at capital allocation as Southgate is at understanding free-flowing attacking football!

He should’ve apologised for the destruction of shareholder value and being late to the party with near-term accretive income. At one stage he said that those kind of deals were not available … and then later he said that they were just the kind of deals that they were now looking for - clueless.

Basically, he is asking investors who are at least 40% or more down on their investment to suck it up for about 4 years plus, (with a 3p per share per year dividend) whilst income remains depressed.

The only person who might gain from the share buyback is himself who bought shares at 76p and then panicked into a buyback when the share price dipped to 70p … not what I call an ethical move!

The share price might’ve improved marginally over the last day or two (and this may continue as the buyback takes place) but there is no hiding from the fact that near term income and by that I mean over the next 3 years looks awful … and as a result I fail to see what would be the impetus for any kind of sustained share price rally.

What a mess!😡
Posted at 15/1/2024 17:53 by 1knocker
Yes, Que, when looking at the rear view mirror we all have 20:20 vision. We can see the performance over a year (some of us who are really on the ball can even calculate the total return!) for ourselves and do not need to be told.

The questions we are concerned with are where the ECOR share price goes next?, when?, and why? And will the div rise fall or remain the same? And if not ECOR, what royalty company should we be buying now? And if not any royalty company, what sector and what company in that sector?

Trickier, those questions.
Ecora Resources share price data is direct from the London Stock Exchange

Ecora Resources Frequently Asked Questions (FAQ)

What is the current Ecora Resources share price?
The current share price of Ecora Resources is 61.90p
How many Ecora Resources shares are in issue?
Ecora Resources has 248,412,084 shares in issue
What is the market cap of Ecora Resources?
The market capitalisation of Ecora Resources is GBP 157M
What is the 1 year trading range for Ecora Resources share price?
Ecora Resources has traded in the range of 54.40p to 93.00p during the past year
What is the PE ratio of Ecora Resources?
The price to earnings ratio of Ecora Resources is 183.82
What is the cash to sales ratio of Ecora Resources?
The cash to sales ratio of Ecora Resources is 2.51
What is the reporting currency for Ecora Resources?
Ecora Resources reports financial results in USD
What is the latest annual turnover for Ecora Resources?
The latest annual turnover of Ecora Resources is USD 61.9M
What is the latest annual profit for Ecora Resources?
The latest annual profit of Ecora Resources is USD 847k
What is the registered address of Ecora Resources?
The registered address for Ecora Resources is KENT HOUSE, 3RD FLOOR NORTH, 14 – 17 MARKET PLACE, LONDON, W1W 8AJ
What is the Ecora Resources website address?
The website address for Ecora Resources is www.ecora-resources.com
Which industry sector does Ecora Resources operate in?
Ecora Resources operates in the COAL,OTH MINERALS,ORES-WHSL sector

Your Recent History

Delayed Upgrade Clock