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ECR Minerals
(LSE:ECR)
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Rating:43Neutral
Price Target:
0.16 p
▼(-6.47% Downside)
Action:Reiterated
Date:07/29/26
The score is held down primarily by the lack of revenue, ongoing losses, and continued cash burn, which imply continued funding needs. Technicals add pressure as the stock trades below all major moving averages. The main support comes from the debt-free balance sheet and improved losses/cash outflow versus earlier periods, but not enough to offset weak fundamentals.
Positive Factors
Debt-free balance sheet
The absence of reported debt limits interest obligations and refinancing exposure, giving ECR greater financial flexibility while it advances mineral projects. This low-leverage position may help preserve strategic options and reduce balance-sheet stress during periods without operating revenue.
Negative Factors
No operating revenue
Zero reported revenue means ECR has not yet demonstrated a recurring commercial income stream to fund exploration or corporate costs. Until projects generate transactions, royalties, or production income, the business remains dependent on asset monetization or external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of reported debt limits interest obligations and refinancing exposure, giving ECR greater financial flexibility while it advances mineral projects. This low-leverage position may help preserve strategic options and reduce balance-sheet stress during periods without operating revenue.
Read all positive factors
ECR Minerals (ECR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£6.78M
Dividend YieldN/A
Average Volume (3M)19.78M
Price to Earnings (P/E)―
Beta (1Y)0.10
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees6
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding4,107,919,000
10 Day Avg. Volume13,628,389
30 Day Avg. Volume19,781,763
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.94
Price to Sales (P/S)0.00
P/FCF Ratio-5.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ECR Minerals Business Overview & Revenue Model
Company Description
ECR Minerals plc, operating through its subsidiaries, focuses on the entire lifecycle of mineral projects, encompassing their identification, acquisition, exploration, and subsequent development. The company's portfolio includes three wholly-owned...
How the Company Makes Money
ECR’s primary economic model is typical of junior exploration companies: it seeks to create value by advancing early-stage mineral projects and then monetizing that value through transactions rather than through steady operating sales. Key revenue...
ECR Minerals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -33.91K | -12.41K | -62.14K | -132.00K | -104.00K | -51.82K |
| EBITDA | -1.37M | -1.24M | -1.12M | -1.64M | -2.51M | -1.41M |
| Net Income | -1.45M | -1.30M | -1.18M | -1.77M | -5.59M | -1.73M |
Balance Sheet | ||||||
| Total Assets | 7.29M | 5.31M | 5.34M | 5.17M | 6.06M | 7.86M |
| Cash, Cash Equivalents and Short-Term Investments | 1.20M | 324.67K | 281.37K | 92.85K | 887.97K | 3.01M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 169.85K | 144.32K | 95.33K | 154.10K | 206.68K | 202.73K |
| Stockholders Equity | 7.12M | 5.16M | 5.24M | 5.01M | 5.85M | 7.66M |
Cash Flow | ||||||
| Free Cash Flow | -1.86M | -849.01K | -1.10M | -2.13M | -2.68M | -4.02M |
| Operating Cash Flow | -1.80M | -849.01K | -714.53K | -1.18M | -918.13K | -1.37M |
| Investing Cash Flow | -568.10K | -5.08K | -137.89K | -434.88K | -1.69M | -2.65M |
| Financing Cash Flow | 2.06M | 898.00K | 1.15M | 858.00K | 464.06K | 5.51M |
ECR Minerals Technical Analysis
Negative
0.17
Price Trends
0.19
Negative
0.22
Negative
0.24
Negative
Market Momentum
>-0.01
Positive
23.73
Positive
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ECR, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.24, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.73 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ECR.
ECR Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | £15.91M | -16.25 | -5.77% | ― | ― | -100.00% | |
44 Neutral | £7.47M | -37.23 | -0.55% | ― | ― | 77.01% | |
43 Neutral | £6.78M | -4.13 | -23.57% | ― | ― | ― | |
42 Neutral | £8.81M | -0.75 | -80.39% | ― | 119.27% | -44.44% | |
42 Neutral | £3.19M | -0.73 | -116.27% | ― | ― | 46.23% |
* Basic Materials Sector Average
GB:ECR
ECR Minerals
0.17
-0.12
-43.10%
GB:ORR
Oriole Resources PLC
0.33
-0.10
-24.42%
GB:CGNR
Conroy Gold and Natural Resources
8.00
-3.00
-27.27%
GB:GRL
Goldstone Resources
0.53
0.11
25.00%
GB:HAMA
Hamak Gold Limited
0.63
-3.13
-83.33%
ECR Minerals Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
ECR Minerals Updates Total Voting Rights as Australian Gold Portfolio Advances
Neutral
Aug 28, 2026
ECR Minerals PLC, a gold-focused exploration and development company with multiple Australian subsidiaries, holds interests in projects ranging from the Maddens hard rock mine in Northern Queensland to the Salt Bush shallow open-cut project in Sou...
Business Operations and StrategyPrivate Placements and Financing
ECR Minerals secures up to A$3m joint venture funding for Creswick gold project
Positive
Aug 17, 2026
ECR Minerals has executed binding conditional farm-in and joint venture agreements with Australian explorer Bold Gold Resources for the Creswick Gold Project in Victoria, giving Bold Gold a pathway to earn up to an 80% interest by funding as much ...
Business Operations and StrategyPrivate Placements and Financing
ECR Minerals Upsizes Fundraise as Institutional Investor Boosts Backing
Positive
Aug 11, 2026
ECR Minerals has expanded its recent equity fundraising after an institutional investor increased its participation, adding £250,000 and bringing total gross proceeds to £886,250. The company will issue 506,428,572 new ordinary shares an...
Business Operations and StrategyPrivate Placements and Financing
ECR Minerals Raises £636,000 to Accelerate Maddens Gold Project Towards 2026 Production
Positive
Aug 10, 2026
ECR Minerals has raised approximately £636,250 through a discounted placing of 363.6 million new shares on AIM, with attached investor warrants, to fund accelerated development of its Maddens Gold Project in Northern Queensland. The capital w...
Business Operations and Strategy
ECR Minerals pushes Maddens Gold Project toward production in Queensland
Positive
Aug 5, 2026
ECR Minerals has reported significant progress at its Maddens Gold Project in Queensland, advancing both underground development at the Maddens mine and planned alluvial operations at the Brothers lease. The company is transitioning from pure expl...
Business Operations and Strategy
ECR Minerals launches major low-cost reconnaissance drive at Tuckanarra
Positive
Aug 3, 2026
ECR Minerals has launched a major multi-phase reconnaissance mapping and target-generation programme at its 80%-owned Tuckanarra Gold Project in Western Australia, positioned next to Odyssey Gold’s 407,000-ounce JORC resource. The initiative...
Business Operations and StrategyRegulatory Filings and Compliance
ECR Minerals sets total voting rights at 3.6 billion shares amid expanding Australian gold portfolio
Positive
Jul 31, 2026
ECR Minerals has confirmed that its issued share capital now comprises 3,601,490,394 ordinary shares of 0.001 pence each, with one voting right per share and no shares held in treasury. This disclosure sets the official total voting rights figure ...
Business Operations and Strategy
ECR Minerals pivots resources to high-priority Maddens gold project in Queensland
Positive
Jul 28, 2026
ECR Minerals is intensifying its focus on the Maddens Gold Project in North Queensland, redeploying personnel and a mobile wash plant from its Raglan operation to launch trial alluvial mining at the Brothers mining lease. The company views Maddens...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
ECR Minerals issues new equity and options as scrip-based pay expands
Neutral
Jul 14, 2026
ECR Minerals has issued 57,738,599 new ordinary shares on AIM, primarily to remunerate directors and advisers in equity at 0.211 pence per share, and to pay Slievemara Consulting 25 million shares at 0.26 pence for introducing the Paleogold acquis...
Business Operations and Strategy
ECR Minerals Uncovers New Drill-Ready Gold Corridor at Lolworth
Positive
Jul 9, 2026
ECR Minerals has identified a new drill-ready gold target at the Butterfly Creek prospect within its 100%-owned Lolworth Project in North Queensland, after laboratory assays defined a 200-metre north-northeast trending gold corridor. The corridor ...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
ECR Minerals pivots from explorer to emerging Australian gold producer
Positive
Jun 30, 2026
ECR Minerals has reported unaudited half-year results to 31 March 2026, alongside a strategic pivot from junior explorer to diversified Australian gold producer. The company completed a £1.5 million fundraising and ended the period with net a...
Business Operations and Strategy
ECR Minerals Targets Higher Gold Recovery and Growth at Raglan Project
Positive
Jun 10, 2026
ECR Minerals has reported an operational update at its Raglan alluvial gold project in Queensland, where a drone Lidar survey has been completed and data interpretation is underway to refine mine planning, identify new palaeochannel targets and su...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.