Ecora Resources (ECOR)

Sector:

Mining

84.40p
   
  • Change Today:
      2.40p
  • 52 Week High: 123.40
  • 52 Week Low: 70.70
  • Currency: UK Pounds
  • Shares Issued: 251.23m
  • Volume: 420,116
  • Market Cap: £212.04m

Red Rock and Anglo Pacific have big Ida

Date: Wednesday 02 May 2012

LONDON (ShareCast) - Mining firm Red Rock Resources and commodities investor Anglo Pacific have cemented their royalty revenue agreement over the Mount Ida iron ore project in Australia.

The deal will see Anglo Pacific acquire 0.75% of royalties from the project in which Red Rock holds a 1.5% interest.

It’s set to cost Anglo $14m but paid in three tranches. It’s the first tranche which has been settled today.

The investment firm will hand Red Rock US$3,899,999.81 in cash and allot it 416,161 in new shares worth US$2,139,730 on the basis of last night’s closing price.

Anglo Pacific fell 1.9% on the announcement as investors mulled the share dilution while Red Rock gained 1.15%.

BS

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Ecora Resources Market Data

Currency UK Pounds
Share Price 84.40p
Change Today 2.40p
% Change 2.93 %
52 Week High 123.40
52 Week Low 70.70
Volume 420,116
Shares Issued 251.23m
Market Cap £212.04m

Ecora Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.24% above the market average97.24% above the market average97.24% above the market average97.24% above the market average97.24% above the market average
92.54% above the sector average92.54% above the sector average92.54% above the sector average92.54% above the sector average92.54% above the sector average
Price Trend
57.37% below the market average57.37% below the market average57.37% below the market average57.37% below the market average57.37% below the market average
11.72% below the sector average11.72% below the sector average11.72% below the sector average11.72% below the sector average11.72% below the sector average
Income
72.61% above the market average72.61% above the market average72.61% above the market average72.61% above the market average72.61% above the market average
41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average
Growth
77.68% below the market average77.68% below the market average77.68% below the market average77.68% below the market average77.68% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ecora Resources Dividends

  Latest Previous
  Final Q3
Ex-Div n/a 11-Jan-24
Paid n/a 14-Feb-24
Amount 2.12¢ 2.12¢

Trades for 03-May-2024

Time Volume / Share Price
16:35 24,273 @ 84.40p
16:35 88 @ 84.40p
16:35 472 @ 84.40p
16:35 276 @ 84.40p
16:35 1,611 @ 84.40p

Ecora Resources Key Personnel

CFO Kevin Flynn
CEO Marc Bishop Lafleche

Top of Page