JUNIORMETRICS

Ecora Royalties PLCE

ECRAF·ECOR·US$2.16 (CAD 3.06)·US$538.1M cap
Copperalso:Diversified royalty portfolio (23 royalty/streaming assets across 10 countries) Map

Ecora Resources plc (LSE/TSX: ECOR; renamed Ecora Royalties PLC in January 2026) is a diversified natural-resource royalty and streaming company with 23 royalty/investment assets spanning copper, nickel/cobalt, uranium, iron ore, vanadium, rare earths, chromite, gold, calcium carbonate and steelmaking coal across 10 countries. H1 2026 marked a deliberate transition away from its historical dependence on the Kestrel steelmaking-coal royalty (Bowen Basin, Australia, operated by Kestrel Coal Pty Ltd, contributing GBP17.5M in 2025) toward critical minerals: management guidance weights future cash flow ~80% to copper and cobalt, led by Mantos Blancos (Capstone Copper, Chile), Voisey's Bay (Vale, Canada, nickel-cobalt), and Mimbula (Moxico Resources, Zambia, copper). Total portfolio contribution rose 75% to GBP31.3M in H1 2026 versus H1 2025. Other notable assets include Cañariaco (Alta Copper, Peru, copper-gold), West Musgrave (BHP, Australia, nickel-copper), four uranium royalties (McClean Lake Mill/Orano and Patterson Corridor East/NexGen, Canada; Four Mile/Quasar Resources, Australia; Salamanca/Berkeley Energia, Spain), Phalaborwa (Rainbow Rare Earths, South Africa), Maracas Menchen (Largo Resources, Brazil, vanadium), LIORC/Rio Tinto and Pilbara/BHP (iron ore), Ring of Fire (Wyloo Metals, Canada, chromite) and EVBC (Orvana Minerals, Spain, gold).

Notable vs. Peers

  • Financials score of 3.5/10 is weaker than the peer average of 5.6/10.
Not yet researched
Weak track recordStrong track record
3.5/10
Thin runwayWell-capitalized
3.5/10 vs.
How this is calculated
9/10
Harder place to buildEasier place to build
9/10 vs.
What goes into it
  • Jurisdiction (40%, counts 100% here)9/10

    UK-domiciled royalty company with a London headquarters and LSE primary listing. The rating reflects its home jurisdiction rather than the underlying assets, which span Chile, Zambia, the USA, Peru, Brazil, South Africa, Canada, Spain, the Dominican Republic and Australia.

  • Infrastructure (40%)Not scored

    A royalty/streaming company holds interests in other operators' mines rather than building its own, so a flagship infrastructure checklist isn't scored for it.

  • Nearby producing mine (20%)Not scored

    Not scored for a royalty/streaming company, which doesn't build or run a mine of its own.

How this is calculated
Not yet researched
Weaker portfolioStronger portfolio
5.8/10
Weaker profileStronger profile
5.8/10 vs.
Price Chart
$1.03$1.56$1.89$1.72$2.15SepDecAprJulOct
Sep 19, 2025 – Oct 15, 2026
$2.16
+169%from low-11.3%from high
$0.80$2.43
$538.1M
Far belowFar above
$538.1M vs. $943M peer median
$592.1M
Far belowFar above
$592.1M vs. $926.2M peer median
249.5M
Far aboveFar below
249.5M vs. 481.1M peer median
Price (USD - Local)
US$2.16 (CAD 3.06)
Cash Position (USD)
$6M
Far belowFar above
$6M vs. $97.2M peer median
Debt (USD)
$60M
Far aboveFar below
$60M vs. $39M peer median
Jurisdiction
United Kingdom
Overall Score Trend
-7.9% since 2026-09-19 · -9.4% from peak

Your Rankings

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Royalty & Streaming Portfolio

Ecora Royalties PLC does not operate mines, so it has no technical study of its own. What it holds instead is a book of royalty and stream interests in other companies' assets -- the portfolio below. Only figures the company has actually disclosed are shown; nothing here is estimated.

No individual royalty or stream interests are recorded for this company yet.

AISC
Cut-off Grade

Management Team

Chairman of Ecora Resources plc (Ecora Royalties PLC), director since 2024. 25+ years in corporate finance and capital markets with significant natural-resources experience.

CEO and Director of Ecora Resources plc since Apr 2022.

CFO and Director of Ecora Resources plc since 2020. 18 years of corporate-finance experience.

Senior Independent Director of Ecora Resources plc since 1 Jun 2023 (Non-Executive Director since Aug 2021); Chair of the Remuneration Committee, member of the Audit and Nomination Committees.

Independent Non-Executive Director of Ecora Resources plc.

Independent Non-Executive Director of Ecora Resources plc.

Independent Non-Executive Director of Ecora Resources plc.

Non-Executive Director of Ecora Resources plc.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents