Medici Capital LLC Invests $442,000 in Vox Royalty Corp. (NASDAQ:VOXR)

Medici Capital LLC acquired a new stake in shares of Vox Royalty Corp. (NASDAQ:VOXR - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 151,300 shares of the company's stock, valued at approximately $442,000. Vox Royalty makes up approximately 0.5% of Medici Capital LLC's portfolio, making the stock its 14th largest position. Medici Capital LLC owned 0.30% of Vox Royalty as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC purchased a new position in Vox Royalty in the 4th quarter worth approximately $47,000. Sprott Inc. bought a new stake in shares of Vox Royalty during the 4th quarter worth $71,000. Total Wealth Planning & Management Inc. purchased a new position in Vox Royalty in the fourth quarter worth $223,000. Marshall Wace LLP increased its stake in Vox Royalty by 1,353.1% in the fourth quarter. Marshall Wace LLP now owns 212,158 shares of the company's stock valued at $496,000 after acquiring an additional 197,558 shares during the last quarter. Finally, Ancora Advisors LLC increased its stake in Vox Royalty by 1.1% in the fourth quarter. Ancora Advisors LLC now owns 419,086 shares of the company's stock valued at $981,000 after acquiring an additional 4,638 shares during the last quarter. Institutional investors own 45.95% of the company's stock.

Vox Royalty Stock Down 1.4%

Shares of VOXR stock opened at $3.57 on Tuesday. The business has a 50-day moving average price of $3.33 and a two-hundred day moving average price of $2.79. Vox Royalty Corp. has a 12-month low of $2.21 and a 12-month high of $3.79. The firm has a market cap of $181.20 million, a P/E ratio of -119.00 and a beta of 0.42.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). The firm had revenue of $2.68 million for the quarter, compared to analysts' expectations of $3.50 million. Vox Royalty had a negative net margin of 14.94% and a negative return on equity of 3.71%. As a group, research analysts expect that Vox Royalty Corp. will post -0.01 EPS for the current fiscal year.

Vox Royalty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be given a dividend of $0.0125 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.05 annualized dividend and a yield of 1.40%. Vox Royalty's payout ratio is -125.00%.

About Vox Royalty

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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