Vox Royalty (NASDAQ:VOXR) Lowered to “Hold” Rating by Wall Street Zen

Vox Royalty (NASDAQ:VOXR) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Vox Royalty in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Vox Royalty Trading Down 4.4%

NASDAQ:VOXR opened at $5.27 on Friday. The company has a market capitalization of $360.26 million, a PE ratio of -131.75 and a beta of 0.36. Vox Royalty has a 52-week low of $2.21 and a 52-week high of $5.88. The stock’s 50 day moving average price is $5.02 and its 200 day moving average price is $4.20. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 0.12.

Hedge Funds Weigh In On Vox Royalty

Institutional investors have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey purchased a new position in Vox Royalty in the second quarter valued at about $31,000. XTX Topco Ltd acquired a new stake in shares of Vox Royalty in the 2nd quarter worth approximately $56,000. BNP Paribas Financial Markets increased its stake in Vox Royalty by 160.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 13,313 shares of the company’s stock valued at $57,000 after purchasing an additional 8,196 shares in the last quarter. Intech Investment Management LLC acquired a new position in Vox Royalty during the second quarter worth $59,000. Finally, Diversify Advisory Services LLC purchased a new stake in Vox Royalty during the second quarter worth $60,000. 45.95% of the stock is owned by institutional investors and hedge funds.

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.