Vox Royalty Corp. (NASDAQ:VOXR) Announces Quarterly Dividend of $0.02

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Friday, February 27th, NASDAQ Dividends reports. Investors of record on Tuesday, March 31st will be paid a dividend of 0.015 per share on Tuesday, April 14th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, March 31st.

Vox Royalty has a dividend payout ratio of 85.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

Vox Royalty Price Performance

Shares of NASDAQ VOXR opened at $4.84 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.35 and a current ratio of 3.35. The company has a market cap of $333.43 million, a PE ratio of -121.00 and a beta of 0.25. The business has a 50-day simple moving average of $5.48 and a two-hundred day simple moving average of $4.81. Vox Royalty has a fifty-two week low of $2.56 and a fifty-two week high of $6.59.

Analysts Set New Price Targets

VOXR has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Vox Royalty from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vox Royalty in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Vox Royalty presently has a consensus rating of “Hold”.

Vox Royalty Company Profile

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.