Moon Capital Management LP Takes Position in Vox Royalty Corp. $VOXR

Moon Capital Management LP bought a new stake in shares of Vox Royalty Corp. (NASDAQ:VOXR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 180,000 shares of the company’s stock, valued at approximately $774,000. Vox Royalty comprises about 0.6% of Moon Capital Management LP’s investment portfolio, making the stock its 10th biggest holding.

Other hedge funds also recently modified their holdings of the company. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Vox Royalty in the second quarter valued at $31,000. XTX Topco Ltd bought a new position in Vox Royalty in the 2nd quarter worth about $56,000. Intech Investment Management LLC purchased a new stake in Vox Royalty in the second quarter valued at approximately $59,000. Diversify Advisory Services LLC bought a new stake in shares of Vox Royalty during the 2nd quarter worth $60,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Vox Royalty in the 2nd quarter worth about $62,000. Institutional investors own 45.95% of the company’s stock.

Vox Royalty Price Performance

VOXR opened at $5.53 on Tuesday. The stock has a 50-day moving average price of $5.12 and a 200-day moving average price of $4.45. The firm has a market cap of $378.75 million, a PE ratio of -138.25 and a beta of 0.35. Vox Royalty Corp. has a 1 year low of $2.21 and a 1 year high of $5.88. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.35 and a quick ratio of 3.35.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 29th. Wall Street Zen cut shares of Vox Royalty from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

About Vox Royalty

Vox Royalty Corp. is a mining royalty and streaming company that acquires interest in precious and base metal projects around the world. By investing in royalty and metal stream agreements, the company provides non-dilutive financing to exploration and mining operators in exchange for a percentage of production revenue or metal offtake. This model allows Vox Royalty to build a steady cash-flow profile without the operational risks and capital expenditures associated with direct mine ownership.

Since its founding in 2018 and subsequent listing on the TSX Venture Exchange, Vox Royalty has assembled a diversified portfolio of royalty and stream interests covering gold, silver, copper, zinc, nickel and other battery metals.