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

Wall Street Zen upgraded shares of Vox Royalty (NASDAQ:VOXR) from a hold rating to a buy rating in a report released on Sunday morning.

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

Vox Royalty Trading Down 5.5%

Shares of VOXR stock opened at $6.02 on Friday. The company has a market capitalization of $412.31 million, a price-to-earnings ratio of -150.50 and a beta of 0.25. The company has a current ratio of 3.35, a quick ratio of 3.35 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $5.23 and a 200 day moving average price of $4.56. Vox Royalty has a twelve month low of $2.29 and a twelve month high of $6.59.

Institutional Investors Weigh In On Vox Royalty

Institutional investors have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in Vox Royalty during the second quarter worth approximately $31,000. AQR Capital Management LLC acquired a new stake in shares of Vox Royalty during the fourth quarter valued at about $50,000. ProShare Advisors LLC purchased a new stake in shares of Vox Royalty during the fourth quarter worth about $52,000. XTX Topco Ltd acquired a new position in shares of Vox Royalty in the second quarter worth about $56,000. Finally, BNP Paribas Financial Markets boosted its holdings in Vox Royalty by 160.2% in the third 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 during the last quarter. 45.95% of the stock is currently owned by hedge funds and other institutional investors.

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.