Added to YB: 2025-07-29
Pitch date: 2025-07-26
ECOR.L [neutral]
Ecora Royalties PLC
+125.59%
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 566.8M
Pitch Price
GBP 0.72
Price Target
1.50 (-8%)
Dividend
N/A
EV/EBITDA
12.25
P/E
11.37
EV/Sales
8.90
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)