Added to YB: 2025-03-04
Pitch date: 2025-03-02
ECOR.L [bullish]
Ecora Royalties PLC
+134.9%
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 433.9M
Pitch Price
GBP 0.59
Price Target
1.50 (+7%)
Dividend
N/A
EV/EBITDA
13.18
P/E
19.59
EV/Sales
9.29
Sector
Metals and Mining
Category
value
ECOR-rigible!
ECOR.L: $50M copper royalty deal with Moxico for Mimbula mine. Phase II expansion to 56Ktpa by 2026. Revenue forecasts exceed expectations. P/E of 6X. Transitioning from coal to battery metals. Diverse portfolio: 42% copper, 20% cobalt, 14% nickel. Berenberg 150p target. Trading at 61.5% discount to NAV.
Read full article (6 min)