Professional
Added to YB: 2026-03-30
Pitch date: 2026-03-26
ECOR.TO [neutral]
Ecora Royalties PLC
+10.11%
current return
Author Info
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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 433.9M
Pitch Price
GBP 1.27
Price Target
4.00 (+187%)
Dividend
N/A
EV/EBITDA
13.18
P/E
19.59
EV/Sales
9.29
Sector
Metals and Mining
Category
value
Ecora Royalties – Critical Minerals Inflection; Solid Cash Generation
ECOR.TO (update): 2025 marked inflection to 51% critical minerals (copper-focused); FCF +21% YoY to $27.4M; deleveraged to $85.5M net debt vs $125M peak. Voisey's Bay ramp to 2044, Mimbula expansion, Mantos Blancos Phase II study mid-2026. Coal winds down 2030; ~90% base metals by then driving rev to ~$100M (vs $57M 2025). 1.2x P/NAV = C$4 PT
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