Professional
Added to YB: 2026-02-16
Pitch date: 2026-02-12
ECOR.TO [bullish]
Ecora Royalties PLC
-2.4%
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 488.6M
Pitch Price
GBP 1.42
Price Target
4.00 (+189%)
Dividend
0.62%
EV/EBITDA
47.44
P/E
-16.07
EV/Sales
23.72
Sector
Metals and Mining
Category
value
Ecora Royalties – Copper-Focused Royalty Company with Strong Growth
ECOR.TO: Critical minerals royalty co transitioning from coal to 81% base metals (50% copper). Trades 0.8x NAV vs peers 1.9x. Expects 75% income growth through 2030 w/ zero capex as development royalties advance (Voisey's Bay cobalt ramp-up H2/26, Mantos Blancos Phase II 2026). 49% NAV producing, 43% development. Price target C$4.00 (47% upside). Main risk: development execution on non-producing assets (43% NAV). Catalysts: Voisey's Bay ramp, Mimbula expansion, Mantos Phase II FID.
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