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IN BRIEF: Ecora portfolio contribution doubles in first quarter

Wed, 24th Apr 2024 13:31

Ecora Resources PLC - South and North America-focused royalty and streaming company providing capital to mining sector - Notes portfolio contribution of USD19.5 million in the three months to March 31, more than doubled from USD9 million in the final quarter of 2023. Says this is primarily due to operations at Kestrel moving back within its private royalty area, with the rest of the portfolio producing volumes in line with expectations. Chief Executive Officer Marc Bishop comments: "We are keeping a close eye on the progress of the ramp up at Voisey's Bay, the publication of the Santo Domingo feasibility study and the development plan for the West Musgrave nickel-copper project."

Current stock price: 78.71 pence, down 0.9%

12-month change: down 35%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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