Cormark Weighs in on Vox Royalty Corp.’s Q1 2024 Earnings (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR) – Research analysts at Cormark issued their Q1 2024 earnings estimates for Vox Royalty in a research report issued to clients and investors on Monday, April 22nd. Cormark analyst N. Dion anticipates that the company will earn ($0.01) per share for the quarter. The consensus estimate for Vox Royalty’s current full-year earnings is ($0.02) per share.

Vox Royalty Stock Down 1.0 %

Shares of NASDAQ VOXR opened at $2.05 on Thursday. The stock’s fifty day simple moving average is $1.99 and its 200 day simple moving average is $1.99. The stock has a market capitalization of $102.75 million, a price-to-earnings ratio of -205.00 and a beta of 0.93. Vox Royalty has a 52-week low of $1.70 and a 52-week high of $3.06.

Vox Royalty (NASDAQ:VOXR) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.01 earnings per share for the quarter. Vox Royalty had a negative net margin of 0.81% and a positive return on equity of 1.85%. The company had revenue of $3.00 million during the quarter.

Vox Royalty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were given a dividend of $0.012 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This is an increase from Vox Royalty’s previous quarterly dividend of $0.01. This represents a $0.05 dividend on an annualized basis and a yield of 2.34%. Vox Royalty’s payout ratio is presently -500.00%.

Hedge Funds Weigh In On Vox Royalty

A number of hedge funds have recently modified their holdings of VOXR. Sprott Inc. bought a new position in Vox Royalty during the third quarter valued at approximately $42,000. Euro Pacific Asset Management LLC acquired a new position in Vox Royalty during the third quarter worth $118,000. Russell Investments Group Ltd. increased its position in Vox Royalty by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock worth $194,000 after buying an additional 12,459 shares during the last quarter. Meixler Investment Management Ltd. raised its holdings in Vox Royalty by 42.1% during the third quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company’s stock valued at $361,000 after buying an additional 52,900 shares in the last quarter. Finally, Ancora Advisors LLC acquired a new stake in shares of Vox Royalty in the third quarter worth about $471,000. 45.95% of the stock is owned by institutional investors and hedge funds.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.