Vox Royalty (NASDAQ:VOXR – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.08, Zacks reports. Vox Royalty had a return on equity of 8.16% and a net margin of 190.73%.The business had revenue of $6.15 million during the quarter, compared to the consensus estimate of $7.83 million.
Vox Royalty Price Performance
Shares of VOXR traded up $0.15 during midday trading on Thursday, hitting $5.31. The stock had a trading volume of 179,055 shares, compared to its average volume of 547,479. The firm has a market cap of $368.79 million, a PE ratio of 12.64 and a beta of 0.53. Vox Royalty has a 1 year low of $3.13 and a 1 year high of $6.70. The stock’s 50 day moving average is $4.75 and its 200 day moving average is $5.29.
Vox Royalty Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.015 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.1%. Vox Royalty’s payout ratio is 14.29%.
Hedge Funds Weigh In On Vox Royalty
Wall Street Analyst Weigh In
VOXR has been the topic of a number of research analyst reports. Roth Capital restated a “buy” rating and set a $8.00 price target on shares of Vox Royalty in a report on Monday, June 29th. Wall Street Zen lowered shares of Vox Royalty from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings downgraded Vox Royalty from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 17th. Zacks Research raised shares of Vox Royalty from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Vox Royalty in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $8.00.
View Our Latest Report on Vox Royalty
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.
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