ECR Minerals PLC (GB:ECR)
LSE:ECR
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ECR Minerals
(LSE:ECR)
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Rating:45Neutral
Price Target:
0.23 p
▼(-13.33% Downside)
Action:N/ADate:03/07/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn), partially offset by a debt-free balance sheet and modest improvement in losses/cash flow. Technicals are neutral-to-soft with negative MACD and price below shorter-term averages, and valuation is constrained by a negative P/E and no dividend support.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk for an exploration business and preserves strategic optionality. With no interest burden, management can prioritise farm-outs, targeted drilling or measured equity raises, lengthening runway and improving negotiating leverage over coming months.
Negative Factors
No revenue generation
Zero reported revenue signals the company remains purely an explorer with no operating cash generation. Reliance on non-operational monetisation means milestone timing is uncertain and the business lacks recurring income to fund activity, elevating execution and financing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk for an exploration business and preserves strategic optionality. With no interest burden, management can prioritise farm-outs, targeted drilling or measured equity raises, lengthening runway and improving negotiating leverage over coming months.
Read all positive factors
ECR Minerals (ECR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£8.56M
Dividend YieldN/A
Average Volume (3M)19.46M
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue GrowthN/A
EPS Growth14.29%
CountryUK
Employees7
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.00
Shares Outstanding3,290,888,000
10 Day Avg. Volume17,770,877
30 Day Avg. Volume19,461,657
Financial Highlights & Ratios
PEG Ratio0.02
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, through its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Au...
How the Company Makes Money
ECR’s revenue model is primarily tied to the mineral exploration lifecycle rather than ongoing product sales. Typical monetisation routes include: (1) Project value realisation: increasing the value of its mineral assets through exploration (e.g.,...
ECR Minerals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -12.41K | -62.14K | -132.00K | -104.00K | -51.82K |
| EBITDA | -1.24M | -1.12M | -1.64M | -2.51M | -1.41M |
| Net Income | -1.30M | -1.18M | -1.77M | -5.59M | -1.73M |
Balance Sheet | |||||
| Total Assets | 5.31M | 5.34M | 5.17M | 6.06M | 7.86M |
| Cash, Cash Equivalents and Short-Term Investments | 324.67K | 281.37K | 92.85K | 887.97K | 3.01M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 144.32K | 95.33K | 154.10K | 206.68K | 202.73K |
| Stockholders Equity | 5.16M | 5.24M | 5.01M | 5.85M | 7.66M |
Cash Flow | |||||
| Free Cash Flow | -849.01K | -1.10M | -2.13M | -2.68M | -4.02M |
| Operating Cash Flow | -849.01K | -714.53K | -1.18M | -918.13K | -1.37M |
| Investing Cash Flow | -5.08K | -137.89K | -434.88K | -1.69M | -2.65M |
| Financing Cash Flow | 898.00K | 1.15M | 858.00K | 464.06K | 5.51M |
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% | |
54 Neutral | £16.32M | -16.65 | -17.24% | ― | ― | -100.00% | |
52 Neutral | £11.93M | -0.56 | -47.73% | ― | 93.10% | -150.00% | |
51 Neutral | £8.46M | 5.22 | -2.46% | ― | ― | 77.01% | |
46 Neutral | £4.30M | -1.95 | -86.67% | ― | ― | -7.00% | |
45 Neutral | £8.56M | -3.75 | -24.33% | ― | ― | 14.29% |
* Basic Materials Sector Average
GB:ECR
ECR Minerals
0.25
0.02
8.70%
GB:ORR
Oriole Resources PLC
0.34
0.15
78.95%
GB:CGNR
Conroy Gold and Natural Resources
11.00
8.25
300.00%
GB:GRL
Goldstone Resources
0.90
-0.12
-11.76%
GB:HAMA
Hamak Gold Limited
0.93
0.35
59.48%
ECR Minerals Corporate Events
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
ECR Minerals buys Paleogold to fast-track Australian gold production
Positive
Apr 20, 2026
ECR Minerals has agreed to acquire Paleogold Limited in a staged, share-based and partly cash-funded deal that will add gold projects in Queensland, Western Australia and South Australia to its portfolio. The transaction is structured around reven...
Business Operations and StrategyShareholder Meetings
ECR Minerals Wins Strong Shareholder Backing at AGM for Australian Gold Strategy
Positive
Mar 27, 2026
ECR Minerals said all resolutions were approved at its annual general meeting, with each motion receiving more than 97% support from shareholders on the votes cast. The strong backing affirms the company’s current strategic direction as it a...
Business Operations and StrategyM&A Transactions
ECR Minerals Retains Up to A$2m Royalty Over Victorian Gold Projects After Timor Sale
Positive
Mar 16, 2026
ECR Minerals has confirmed that it will retain a royalty interest of up to A$2 million over the Avoca and Timor gold licences in Victoria, Australia, despite a change in ownership of one of the projects. Leviathan Metals has agreed to sell the Tim...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and FinancingShareholder Meetings
ECR Minerals posts wider loss as it advances shift from explorer to gold producer
Positive
Mar 5, 2026
ECR Minerals has published its audited results for the year to 30 September 2025, confirming a total comprehensive loss of £1.30 million, slightly higher than the previous year, largely due to administrative costs, with net assets broadly sta...
Business Operations and Strategy
ECR Minerals Expands Tambo Footprint with New Gippsland Tenement
Positive
Mar 2, 2026
ECR Minerals has secured a new exploration licence, EL007486, known as Tambo South, in Victoria’s Gippsland region, substantially enlarging its existing Tambo project. The five-year licence spans 322 square kilometres of mainly Crown land, a...
Business Operations and Strategy
ECR Minerals Expands Tambo Footprint with New Gippsland Licence
Positive
Mar 2, 2026
ECR Minerals has secured the Tambo South exploration licence EL007486 in Victoria, significantly extending its Tambo project to a contiguous 47km strike in the Gippsland region. The 322 km² tenement, granted for five years and largely on Crow...
Business Operations and Strategy
ECR Minerals maps out conservative Phase 1 mine plan at Raglan gold project
Positive
Feb 10, 2026
ECR Minerals has completed an internal analysis outlining a Phase 1 mine plan for its 100%-owned Raglan alluvial gold project in central Queensland, targeting a defined section of the historic river channel. The company estimates that mining appro...
Business Operations and Strategy
ECR Minerals Secures Proposed Offtake Partner and Ups Valuation at Raglan Gold Project
Positive
Feb 3, 2026
ECR Minerals has identified a proposed offtake partner for gold production from its Raglan alluvial gold project in Queensland and is progressing formal documentation, which the board expects to finalise within the month, providing what it sees as...
Regulatory Filings and Compliance
ECR Minerals Confirms Total Voting Rights at 3.29 Billion Shares
Neutral
Jan 30, 2026
ECR Minerals PLC has confirmed that its issued share capital currently consists of 3,290,888,016 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 ri...
Business Operations and Strategy
ECR Minerals Launches Production at Raglan as It Transitions Into Gold Producer
Positive
Jan 26, 2026
ECR Minerals has begun implementing its production plan at the fully permitted Raglan alluvial gold project in central Queensland, moving the company into initial gold production and early cashflow generation. The operating team has identified pri...
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.