Medici Capital LLC Boosts Position in Vox Royalty Corp. $VOXR

Key Points

• Medici Capital LLC increased its shareholding in Vox Royalty Corp. by 103.8%, now owning approximately 308,326 shares worth around $974,000.
• Vox Royalty reported a quarterly revenue of $2.77 million, missing expectations of $3.44 million, and has a negative return on equity of -4.23%.
• The company announced a quarterly dividend of $0.0125, with a yield of 1.4%, though its dividend payout ratio stands at -125.00%.

Medici Capital LLC raised its stake in shares of Vox Royalty Corp. (NASDAQ:VOXR - Free Report) by 103.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 308,326 shares of the company's stock after buying an additional 157,026 shares during the quarter. Vox Royalty comprises 0.9% of Medici Capital LLC's portfolio, making the stock its 15th largest holding. Medici Capital LLC owned approximately 0.61% of Vox Royalty worth $974,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VOXR. ORG Partners LLC grew its holdings in shares of Vox Royalty by 3.8% during the first quarter. ORG Partners LLC now owns 12,715,236 shares of the company's stock worth $37,128,000 after purchasing an additional 465,271 shares in the last quarter. Ancora Advisors LLC grew its holdings in shares of Vox Royalty by 66.3% during the first quarter. Ancora Advisors LLC now owns 696,879 shares of the company's stock worth $2,035,000 after purchasing an additional 277,793 shares in the last quarter. Total Wealth Planning & Management Inc. purchased a new position in shares of Vox Royalty during the fourth quarter worth about $223,000. Russell Investments Group Ltd. grew its holdings in shares of Vox Royalty by 32.0% during the first quarter. Russell Investments Group Ltd. now owns 276,477 shares of the company's stock worth $807,000 after purchasing an additional 67,076 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Vox Royalty during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 45.95% of the company's stock.

Vox Royalty Stock Down 0.3%

Shares of NASDAQ VOXR opened at $3.53 on Friday. Vox Royalty Corp. has a 12 month low of $2.21 and a 12 month high of $3.79. The company has a current ratio of 4.34, a quick ratio of 4.34 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $179.64 million, a price-to-earnings ratio of -88.25 and a beta of 0.33. The business has a 50-day moving average of $3.34 and a 200-day moving average of $3.20.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). The business had revenue of $2.77 million for the quarter, compared to analysts' expectations of $3.44 million. Vox Royalty had a negative return on equity of 4.23% and a negative net margin of 16.92%. Sell-side analysts expect that Vox Royalty Corp. will post -0.01 earnings per share for the current fiscal year.

Vox Royalty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be paid a $0.0125 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.05 annualized dividend and a yield of 1.4%. Vox Royalty's dividend payout ratio is currently -125.00%.

Vox Royalty Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.

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