Latest news with #EcoraResources
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Sticks to Its Buy Rating for Ecora Resources (ECOR)
RBC Capital analyst Ben Davis maintained a Buy rating on Ecora Resources on July 17 and set a price target of p130.00. The company's shares closed yesterday at p66.20. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Davis is a 3-star analyst with an average return of 4.5% and a 58.14% success rate. Davis covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and Ecora Resources. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecora Resources with a p125.00 average price target, representing an 88.82% upside. In a report released on July 14, Berenberg Bank also maintained a Buy rating on the stock with a p120.00 price target. The company has a one-year high of p74.60 and a one-year low of p48.00. Currently, Ecora Resources has an average volume of 412.6K.
Associated Press
02-07-2025
- Business
- Associated Press
Ecora Resources PLC Announces 2024 Final Dividend: Amounts Per Ordinary Share
2024 Final Dividend: Amounts per ordinary share in Sterling and Canadian Dollar LONDON, UK / ACCESS Newswire / July 2, 2025 / Further to the approval by shareholders at the Company's Annual General Meeting on 5 June 2025 of the final dividend for 2024 of 1.11c per ordinary share, the equivalent of the final dividend, in Sterling is 0.8086 pence per share and in Canadian Dollars is 1.5158 Canadian cents per share based on exchange rates of US$1=£0.7285 and US$1=C$1.3656. The US$:£/C$ conversion rates were determined by the prevailing rates on Friday 27 June 2025, being the record date for the final dividend. The payment date of the 2024 final dividend is Friday 25 July 2025. For further information: This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit SOURCE: Ecora Resources PLC press release
Yahoo
22-06-2025
- Business
- Yahoo
We Wouldn't Be Too Quick To Buy Ecora Resources PLC (LON:ECOR) Before It Goes Ex-Dividend
Ecora Resources PLC (LON:ECOR) is about to trade ex-dividend in the next three days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase Ecora Resources' shares before the 26th of June in order to receive the dividend, which the company will pay on the 25th of July. The company's next dividend payment will be US$0.0111 per share, on the back of last year when the company paid a total of US$0.082 to shareholders. Based on the last year's worth of payments, Ecora Resources has a trailing yield of 2.5% on the current stock price of UK£0.662. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to investigate whether Ecora Resources can afford its dividend, and if the dividend could grow. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Ecora Resources paid a dividend last year despite being unprofitable. This might be a one-off event, but it's not a sustainable state of affairs in the long run. With the recent loss, it's important to check if the business generated enough cash to pay its dividend. If Ecora Resources didn't generate enough cash to pay the dividend, then it must have either paid from cash in the bank or by borrowing money, neither of which is sustainable in the long term. Dividends consumed 51% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. See our latest analysis for Ecora Resources Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Ecora Resources was unprofitable last year, but at least the general trend suggests its earnings have been improving over the past five years. Even so, an unprofitable company whose business does not quickly recover is usually not a good candidate for dividend investors. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Ecora Resources has seen its dividend decline 17% per annum on average over the past 10 years, which is not great to see. Remember, you can always get a snapshot of Ecora Resources's financial health, by checking our visualisation of its financial health, here. Is Ecora Resources worth buying for its dividend? It's hard to get used to Ecora Resources paying a dividend despite reporting a loss over the past year. At least the dividend was covered by free cash flow, however. It's not that we think Ecora Resources is a bad company, but these characteristics don't generally lead to outstanding dividend performance. Although, if you're still interested in Ecora Resources and want to know more, you'll find it very useful to know what risks this stock faces. Case in point: We've spotted 1 warning sign for Ecora Resources you should be aware of. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Globe and Mail
18-06-2025
- Business
- Globe and Mail
Perseus Mining Appoints Additional Non-Executive Director
Perth, June 18, 2025 (GLOBE NEWSWIRE) -- perseus mining appoints additional independent non-executive director to its board / Perseus Mining Limited (ASX/TSX:PRU) ('Perseus' or 'the Company') is pleased to advise that Mr James (Jim) Rutherford has agreed to join the Board of Perseus in the role of non-executive, independent Director and will take up this position with immediate effect. Jim is a seasoned investment professional with over 25 years of experience in investment management and banking, specialising in the global mining and metals sector. He has extensive international experience and brings considerable financial and corporate insight to the Board. Between 1997 and 2013, Jim was Senior Vice President at Capital Group, a long-established US investment firm, where he had responsibility for investing in the global mining and metals sector. Prior to that, he was Vice President at HSBC James Capel in New York, responsible for covering the Latin American mining industry and also worked at Credit Lyonnais Securities. Currently, he is a director of Manara Minerals Investment Co., a joint venture between the Saudi Arabian Mining Company (Ma'aden) and the Public Investment Fund (PIF) and is a non-executive director of Ecora Resources plc, positions he has held since 2023 and 2019 respectively. Earlier this year, he was also appointed as a non-executive director of Minera Cobre de Colombia, a private company that is focused on copper exploration in Colombia. From 2013 to 2020, he served as a non-executive director of Anglo-American plc, the UK-listed diversified mining group, and in 2020 was appointed Non-Executive Chairman of the gold producer Centamin plc, a role he held until late 2024. He was also Lead Independent Director of GT Gold from 2019 until its acquisition by Newmont in 2021 and, prior to that, was a Non-Executive Director and then Chairman of Dalradian Resources from 2015 to 2018. He received his Bachelor of Science in Economics and Computer Science from Queen's University, Belfast (UK) and gained his Master of Arts in Development Economics from the University of Sussex (UK). He is also an alumnus of the London Business School. Jim has also been active throughout his career in the non-profit sector and is currently a member of the Advisory Board of Queen's University Belfast Business School and a member of the Board of Governors of the Royal Belfast Academical Institution. Perseus's Non-Executive Chairman Rick Menell said: 'On behalf of the Board of Perseus, I am delighted to welcome Jim Rutherford to the Board of our Company at a pivotal time in our growth. Jim brings extensive experience in the resources sector, and his expertise in financial markets will be invaluable as we execute our strategy and continue to create long-term value for our stakeholders. His broad knowledge of the mining industry, across multiple commodities and jurisdictions, including Africa, will be a strong complement to the Perseus leadership team as we pursue our ambitions to become a leader of the gold mining industry on the continent. Jim's appointment forms part of our ongoing Board renewal process. The Board is currently considering the appointment of an additional director with specific geological expertise to further strengthen its capability' This market announcement was authorised for release by Jeff Quartermaine, Perseus's Managing Director and Chief Executive Officer.
Yahoo
21-05-2025
- Business
- Yahoo
Investors in Ecora Resources (LON:ECOR) have unfortunately lost 52% over the last five years
Ecora Resources PLC (LON:ECOR) shareholders should be happy to see the share price up 16% in the last month. But don't envy holders -- looking back over 5 years the returns have been really bad. Indeed, the share price is down 64% in the period. So is the recent increase sufficient to restore confidence in the stock? Not yet. However, in the best case scenario (far from fait accompli), this improved performance might be sustained. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. Our free stock report includes 1 warning sign investors should be aware of before investing in Ecora Resources. Read for free now. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. In the last half decade Ecora Resources saw its share price fall as its EPS declined below zero. This was, in part, due to extraordinary items impacting earnings. Since the company has fallen to a loss making position, it's hard to compare the change in EPS with the share price change. However, we can say we'd expect to see a falling share price in this scenario. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. It might be well worthwhile taking a look at our free report on Ecora Resources' earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Ecora Resources the TSR over the last 5 years was -52%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! Ecora Resources shareholders are down 30% for the year (even including dividends), but the market itself is up 6.0%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 9% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Ecora Resources you should know about. There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
