107,750 Shares in Vox Royalty Corp. $VOXR Purchased by Papamarkou Wellner Asset Management inc.

Papamarkou Wellner Asset Management inc. bought a new stake in shares of Vox Royalty Corp. (NASDAQ:VOXR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 107,750 shares of the company’s stock, valued at approximately $510,000. Papamarkou Wellner Asset Management inc. owned about 0.16% of Vox Royalty as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Banque Cantonale Vaudoise bought a new position in Vox Royalty in the 1st quarter valued at approximately $32,000. Legal & General Group Plc purchased a new stake in shares of Vox Royalty in the 2nd quarter worth $30,000. Caitlin John LLC bought a new stake in Vox Royalty during the 2nd quarter worth approximately $31,000. AQR Capital Management LLC purchased a new position in shares of Vox Royalty in the fourth quarter valued at about $50,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Vox Royalty in the second quarter worth $51,000. Institutional investors own 45.95% of the company’s stock.

Vox Royalty Stock Performance

Shares of NASDAQ VOXR opened at $5.76 on Friday. The company’s fifty day moving average price is $4.83 and its 200 day moving average price is $5.31. The company has a market capitalization of $400.04 million, a PE ratio of 8.60 and a beta of 0.53. Vox Royalty Corp. has a 1 year low of $3.39 and a 1 year high of $6.70.

Vox Royalty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.015 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.0%. Vox Royalty’s dividend payout ratio (DPR) is 8.96%.

Wall Street Analyst Weigh In

Several research firms have commented on VOXR. Weiss Ratings lowered shares of Vox Royalty from a “buy (b-)” rating to a “hold (c+)” rating in a research note 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. BMO Capital Markets reissued an “outperform” rating on shares of Vox Royalty in a research report on Friday, May 15th. Wall Street Zen lowered shares of Vox Royalty from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Roth Capital set a $7.75 price target on Vox Royalty in a research note on Tuesday, August 18th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $7.75.

Vox Royalty Profile

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.