Vox Royalty (NASDAQ:VOXR) Upgraded at Wall Street Zen

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

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

Vox Royalty Trading Up 8.1%

Shares of Vox Royalty stock opened at $5.18 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.35 and a quick ratio of 3.35. The stock’s 50 day simple moving average is $5.09 and its 200-day simple moving average is $4.28. The stock has a market cap of $354.10 million, a P/E ratio of -129.50 and a beta of 0.35. Vox Royalty has a 1-year low of $2.21 and a 1-year high of $5.88.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VOXR. Los Angeles Capital Management LLC acquired a new stake in Vox Royalty during the 2nd quarter worth approximately $873,000. Geode Capital Management LLC purchased a new stake in shares of Vox Royalty during the second quarter worth $1,672,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Vox Royalty in the second quarter valued at $31,000. Intech Investment Management LLC purchased a new position in Vox Royalty in the second quarter valued at $59,000. Finally, JPMorgan Chase & Co. purchased a new position in Vox Royalty in the second quarter valued at $71,000. Institutional investors and hedge funds own 45.95% of the company’s stock.

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.