Vox Royalty Corp. $VOXR Shares Sold by Walleye Capital LLC

Walleye Capital LLC cut its stake in Vox Royalty Corp. (NASDAQ:VOXR) by 91.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,326 shares of the company’s stock after selling 629,210 shares during the period. Walleye Capital LLC’s holdings in Vox Royalty were worth $327,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VOXR. Banque Cantonale Vaudoise acquired a new stake in shares of Vox Royalty in the 1st quarter valued at about $32,000. AQR Capital Management LLC purchased a new stake in Vox Royalty in the fourth quarter valued at approximately $50,000. ProShare Advisors LLC acquired a new stake in shares of Vox Royalty in the fourth quarter valued at approximately $52,000. Hsbc Holdings PLC acquired a new stake in shares of Vox Royalty in the fourth quarter valued at approximately $58,000. Finally, SG Americas Securities LLC purchased a new position in shares of Vox Royalty during the fourth quarter worth approximately $61,000. 45.95% of the stock is owned by hedge funds and other institutional investors.

Vox Royalty Stock Performance

VOXR stock opened at $4.37 on Friday. The stock has a market capitalization of $303.50 million, a PE ratio of 10.40 and a beta of 0.50. The company has a fifty day moving average of $5.07 and a 200-day moving average of $5.31. Vox Royalty Corp. has a one year low of $3.13 and a one year high of $6.70.

Vox Royalty (NASDAQ:VOXR) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.28. The firm had revenue of $16.04 million during the quarter, compared to analysts’ expectations of $7.72 million. Vox Royalty had a net margin of 190.73% and a return on equity of 8.16%. Equities analysts forecast that Vox Royalty Corp. will post 0.2 earnings per share for the current fiscal year.

Vox Royalty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Vox Royalty’s dividend payout ratio is 14.29%.

Analyst Ratings Changes

Several analysts recently commented on VOXR shares. Wall Street Zen upgraded shares of Vox Royalty from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Zacks Research upgraded shares of Vox Royalty from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Roth Capital reiterated a “buy” rating and set a $8.00 target price on shares of Vox Royalty in a research note on Monday, June 29th. Weiss Ratings lowered Vox Royalty from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 17th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Vox Royalty in a research report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Vox Royalty has an average rating of “Moderate Buy” and a consensus target price of $8.00.

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.