Added to YB: 2025-04-03
Pitch date: 2025-04-02
ECOR.L [neutral]
Ecora Royalties PLC
+138.85%
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 0.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.18
P/E
19.59
EV/Sales
9.29
Sector
Metals and Mining
Category
value
ECORA FY2024 results
ECOR.L (earnings update): Royalty co pivoting to energy transition metals. FY24 revenue -3.7% to $59.6M, op profit $39.5M. $28.3M loss due to Voisey's Bay cobalt writedown. Adj EPS 11.43c, P/E 6.6x. Net debt $82.4M. Portfolio 80% base metals. Forecasts $100M contribution by 2027-28. Trading at steep NAV discount. 55% upside per balance sheet.
Read full article (4 min)