Vox Royalty Corp. (VOXR) – What Are Analysts Thinking About This Stock?

Shares of Vox Royalty Corp. (NASDAQ:VOXR) have been assigned an average recommendation of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $8.00.

VOXR has been the subject of several research analyst reports. Weiss Ratings raised shares of Vox Royalty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 31st. Wall Street Zen cut shares of Vox Royalty from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Roth Capital reaffirmed a “buy” rating and issued a $8.00 price objective (up from $7.75) on shares of Vox Royalty in a research note on Thursday, September 3rd. Finally, National Bank Financial initiated coverage on shares of Vox Royalty in a research report on Thursday, October 8th. They issued an “outperform” rating on the stock.

Vox Royalty Trading Down 3.1%

Shares of NASDAQ:VOXR opened at $4.73 on Thursday. The firm’s 50 day moving average is $5.40 and its two-hundred day moving average is $5.26. The firm has a market capitalization of $328.83 million, a P/E ratio of 22.18 and a beta of 0.60. Vox Royalty has a 52 week low of $3.81 and a 52 week high of $6.70.

Vox Royalty Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th were paid a $0.0150 dividend. This represents a $0.06 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, September 30th. Vox Royalty’s dividend payout ratio is currently 8.96%.

Hedge Funds Weigh In On Vox Royalty

A number of hedge funds have recently made changes to their positions in the business. Castleview Partners LLC boosted its holdings in Vox Royalty by 19.8% during the third quarter. Castleview Partners LLC now owns 30,200 shares of the company’s stock worth $152,000 after buying an additional 5,000 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Vox Royalty in the first quarter valued at about $32,000. Legal & General Group Plc bought a new position in shares of Vox Royalty during the 2nd quarter valued at about $30,000. Caitlin John LLC bought a new stake in Vox Royalty during the 2nd quarter worth approximately $31,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Vox Royalty in the second quarter valued at approximately $51,000. Institutional investors and hedge funds own 45.95% of the company’s stock.

Vox Royalty Company Profile

Vox Royalty Corp. is a mining-focused royalty and streaming company that provides capital to mineral developers and operators in exchange for future payments or production interests. Rather than owning and operating mines directly, the company builds a portfolio of royalty, stream, and other interests tied to the exploration, development, and production of mineral assets.

Its portfolio is focused primarily on precious and base metals, including gold, silver, copper, and other industrial commodities.