Ecora Resources announces Q2 2023 interim dividend in Sterling and Canadian Dollar

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Ecora Resources announces Q2 2023 interim dividend in Sterling and Canadian Dollar
Credit: © Reuters.

Ecora Resources PLC, the London-based company, announced on Tuesday an interim dividend for Q2 2023 of 2.125 cents per ordinary share. This announcement follows a previous declaration made on May 10, 2023.

The equivalent of this interim dividend in Sterling is 1.73868 pence per share, and in Canadian Dollars it amounts to 2.86259 Canadian cents per share. These conversions are based on the exchange rates of $1=£0.8182 and $1=C$1.3471, respectively. The conversion rates were determined by the prevailing rates on Friday last week, which was the record date for this interim dividend.

The company has scheduled the payment date for this interim dividend to be on Wednesday, October 25, 2023.

For further information regarding this announcement, Ecora Resources PLC can be reached via their Company Secretary, Jason Gray. Additional information can also be found on the company's website.

According to InvestingPro data, Ecora Resources currently has a market cap of $4.24 million. The company's P/E ratio stands at -0.96 and the adjusted P/E ratio for LTM2023.Q2 is -2.82. The company's return on assets for LTM2023.Q2 is -40.24%.

InvestingPro Tips reveals that Ecora Resources' management has been aggressively buying back shares, and the stock generally trades with low price volatility. The company's valuation implies a strong free cash flow yield. These tips, among others, can be found at InvestingPro, which offers a wealth of additional tips for savvy investors.

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