Ecora Resources
ECOR · Main Market · Basic Resources · mcap £372m · 148.0p 1 open situation →
- EV
- £426m
- EV / EBIT
- 10.8x
- Net debt
- £56.5m
- FCF yield
- 9.3%
- Revenue
- £54.0m
- Cash returned
- 0.9%
- Share price 1y
- +69%
- Insiders 12m
- bought £60k
- Next report
- around 25 Mar
Ecora buys royalties and metal streams, which pay it a share of the revenue of mines run by others. Its focus is on copper, cobalt, nickel and other metals used in the energy transition, plus some coal.
Timeline · every situation
dots = announcementsOpen · 1
Project milestones
Santo Domingo development
Workstreams advancing towards FID, expected Q4 2026
Santo Domingo has a JV partner secured, and FID was guided to the second half of 2026. The 2 September 2026 half-year results say Capstone expects FID in Q4 2026 and is still working on detailed engineering, district infrastructure optimisation and financing. A 54,700m 2026 drill programme is 52% complete.
- Next milestone
- Final investment decision, expected Q4 2026 2 Sep 2026 ↗
- Other catalysts
- Mantos Blancos Phase II study mid-2026; Phalaborwa DFS publication
- Remaining workstreams
- Detailed engineering to 60% completion, district infrastructure optimisation, securing project financing 2 Sep 2026 ↗
- Drill programme
- 54,700m 2026 programme, 52% complete 2 Sep 2026 ↗
Next: Final investment decision
- 2 Sep 2026 Workstreams advancing towards FID, expected Q4 2026
- 26 Mar 2026 FID targeted within next twelve months
- 29 Oct 2025 JV partner agreed; FID expected H2 2026
Closed · 6
Company filings. Not investment advice.