Ecora Royalties adjusted earnings up fivefold; net debt down to GBP 75m
Adjusted earnings increased fivefold, with portfolio contribution up 75% year-over-year. Net debt was reduced to GBP 75 million as base metals growth, especially copper and cobalt, drove results.
Portfolio contribution surged 75% year-over-year, with adjusted earnings up fivefold and net debt reduced to GBP 75 million.
Base metals, especially copper and cobalt, drove growth, and the business is positioned for further organic expansion and de-risking milestones.Based on Ecora Royalties PLC…