IN BRIEF: Ecora portfolio contribution doubles in first quarter

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Ecora Resources PLC - South and North America-focused royalty and streaming company providing capital to mining sector - Notes portfolio contribution of $19.5 million in the three months to March 31, more than doubled from $9 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%

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