Added to YB: 2025-07-29
Pitch date: 2025-07-26
ECOR.L [neutral]
Ecora Royalties PLC
+132.82%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Ecora Royalties PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.
Market Cap
GBP 554.1M
Pitch Price
GBP 0.72
Price Target
1.50 (-6%)
Dividend
0.91%
EV/EBITDA
16.31
P/E
24.99
EV/Sales
11.50
Sector
Metals and Mining
Category
growth
ECOR-aging Updates
ECOR.L (update): Royalty co w/ $85M 2025 rev forecast, including Kestral Coal's final $50M in Q3 & new $50M Mimbula copper royalty (56Ktpa by 2026). Trading at 6-9x P/FCF, <7x P/E. 4-prong strategy: growth, deleveraging, dividends, buybacks. 50% copper exposure plus cobalt, nickel, uranium. Trading at 43% discount to NAV vs peer premium. Berenberg PT 150p (2.5x).
Read full article (7 min)