Strength Seen in electroCore (ECOR): Can Its 6.0% Jump Turn into More Strength?
electroCore (ECOR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Ecora Resources notes upgrades at Maracás Menchen vanadium project
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) has noted an update to the Life of Mine and Pre-Feasibility Study completed on the Maracás Menchen vanadium-titanium operation in Bahia State, Brazil by owner Largo. The highlights of the LOMP and Pre-Feasibility Study include a thirteen-year increase in the reserve-based mine life (out to 2054) and a 67% increase in Mineral Reserves, Ecora added.
Ecora Resources' comments about Voisey Bay encouraging, broker says
Ecora Resources PLC's (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) comments regarding the Voisey's Bay cobalt operation stream were the most significant component of its third quarter update, according to Peel Hunt. The four deliveries in the quarter matched the total deliveries for all of 2023, notes the broker.
Ecora Resources boosted by cobalt production ramp up
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) portfolio income dropped by 10% in its latest quarter as the contribution from its coking coal royalty at Kestrel fell sharply as expected. Without Kestrel, where mining shifted to areas outside of Ecora's royalty, income in the three months to end September 2024 rose by 4% to US$5 million helped by an almost tripled contribution from the cobalt operation at Voisey Bay.
electroCore (ECOR) Stock Jumps 11.7%: Will It Continue to Soar?
electroCore (ECOR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Ecora Resources to switch listing category to ‘commercial companies' on the LSE
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) told investors it intends to move its shares from the ‘Transition' listing category on the London Stock Exchange, to the ‘Commercial Companies' category. These are among the new definitions under the newly reformed listing rules, brought in by the FCA this year.
Ecora Resources just way too cheap, broker suggests
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) is undervalued by the market after a difficult year says broker Stifel and currently stands at a discount to even the worst-case prognosis. A mining royalty stream specialist, Stifel notes key commodities such as cobalt and metallurgical coal have come under pressure this year.
Ecora Resources target price raised by Canadian bank
Ecora Resources PLC's (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) half-year has prompted RBC to remove US$83 million in investments from its 2024/2025 forecasts due to comments on the call on the Incoa project and the unlikely near- term execution of the Piaui option. As a result, net debt and acquisition costs are reduced, increasing RBC's price target from 100p to 120p.
Ecora Resources has 'real value' at this level, broker suggests
Ecora Resources PLC's (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) interim profits after tax at US$11.5 million were significantly higher than expectations, says broker Peel Hunt. A lower-than-expected impairment of the Kestrel coal royalty plus a positive revaluation of other royalty financial instruments helped the numbers with a net gain of $8.5m.
Ecora Resources posts big profit after strong Kestrel performance
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) saw a near US$28 million swing into the black in its latest half-year as the royalty specialist received a bumper contribution from its Kestrel asset in Australia. Profits jumped to US$17.9 million from a loss of US$10.2 million, as total income rose to US$51.3 million (from US$44.5 million) in the six months to end June 2024 with Kestrel contributing around 80% of royalties.
electroCore, Inc. (ECOR) Q2 2024 Earnings Call Transcript
electroCore, Inc. (NASDAQ:ECOR ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Dan Goldberger - CEO Brian Posner - CFO Conference Call Participants Jeffrey Cohen - Ladenburg Thalmann Anthony Vendetti - Maxim Group Sean Lee - H.C. Wainwright Tyler Bussian - Brookline Capital Markets Walter Schenker - MAZ Partners Operator Greetings, and welcome to the electroCore Second Quarter 2024 Earnings Conference Call.
ElectroCore, Inc. (ECOR) Reports Q2 Loss, Tops Revenue Estimates
ElectroCore, Inc. (ECOR) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $1.03 per share a year ago.
