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

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

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

Vox Royalty Stock Performance

Shares of VOXR opened at $2.05 on Thursday. The stock has a 50 day moving average price of $1.99 and a two-hundred day moving average price of $1.99. The firm has a market capitalization of $102.75 million, a P/E 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 Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Sprott Inc. bought a new stake in shares of Vox Royalty during the third quarter valued at about $42,000. Euro Pacific Asset Management LLC purchased a new stake in Vox Royalty during the third quarter valued at about $118,000. Russell Investments Group Ltd. lifted its position in Vox Royalty by 15.3% in the fourth quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock valued at $194,000 after purchasing an additional 12,459 shares during the last quarter. Meixler Investment Management Ltd. grew its holdings in Vox Royalty by 42.1% in the 3rd quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company’s stock worth $361,000 after acquiring an additional 52,900 shares during the last quarter. Finally, Ancora Advisors LLC bought a new position in Vox Royalty in the 3rd quarter worth $471,000. Hedge funds and other institutional investors own 45.95% of the company’s stock.

About Vox Royalty

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.