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Ecora Resources Plc (TSE:ECOR)
:ECOR
Earnings Data
Report Date
Sep 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -11.02%
|Next Earnings Date:Sep 03, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with substantial volume growth and strategic acquisitions in base metals, particularly in copper. However, challenges remain in the cobalt market and some specialty metals segments. Ecora's financial and portfolio positioning remains strong, providing a positive outlook for future growth.Company Guidance
In the recent Ecora Resources Full Year 2024 Results Call, leadership emphasized a positive year amid challenging market conditions, highlighting a 9% year-on-year contribution growth when adjusted for nonrecurring items. The company emphasized its focus on portfolio diversification and growth, citing key acquisitions such as the Phalaborwa royalty and Mimbula copper stream. Significant volume growth was reported from Voisey's Bay and Mantos Blancos, with further copper production growth anticipated at Kestrel. Despite challenges in the cobalt market, the company foresees favorable pricing tailwinds ahead. Financially, adjusted earnings were steady at $28.8 million, translating to $0.114 per share, with the firm maintaining a robust capital allocation framework focused on deleveraging. Ecora's portfolio remains heavily weighted towards base metals, particularly copper, which is projected to drive substantial growth in their critical minerals royalty portfolio, potentially increasing revenue from $20 million in 2024 to over $100 million by 2030.Volume Growth in Portfolio
In 2024, Ecora saw significant volume growth from key producing royalties, particularly at Voisey's Bay and Kestrel, with expectations for continued growth into 2025. Voisey's Bay saw a 36% increase in volumes, and Mantos Blancos hit record production levels.
Mimbula Copper Stream Acquisition
Ecora's acquisition of the Mimbula copper stream is expected to increase its copper exposure. The stream is income-producing and should be accretive to earnings and free cash flow from 2025 onwards.
Strong Base Metals Portfolio Performance
Base metals portfolio performed well with a 9% contribution increase on a like-for-like basis. The company expects to see 60% volume growth at Voisey's Bay in 2025.
Copper Growth Pipeline
Ecora has built a leading organic copper growth pipeline, with potential copper production expected to reach 20 million pounds in the next decade.
Improved Financial Position
Ecora's financial position remains strong with a $180 million borrowing facility, and the company plans to focus on deleveraging and balance sheet strength.
TSE:ECOR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:ECOR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 27, 2025 | C$1.23 | C$1.15 | -6.12% |
Sep 04, 2024 | C$1.05 | C$1.08 | +3.24% |
Mar 27, 2024 | C$1.26 | C$1.54 | +22.16% |
Sep 05, 2023 | C$1.67 | C$1.73 | +3.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ecora Resources Plc (TSE:ECOR) report earnings?
Ecora Resources Plc (TSE:ECOR) is schdueled to report earning on Sep 03, 2025, TBA Not Confirmed.
What is Ecora Resources Plc (TSE:ECOR) earnings time?
Ecora Resources Plc (TSE:ECOR) earnings time is at Sep 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ECOR EPS forecast?
TSE:ECOR EPS forecast for the fiscal quarter 2025 (Q2) is <0.01.