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

Medici Capital LLC acquired a new stake in Vox Royalty Corp. (NASDAQ:VOXR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 151,300 shares of the company's stock, valued at approximately $442,000. Vox Royalty accounts for about 0.5% of Medici Capital LLC's portfolio, making the stock its 14th largest position. Medici Capital LLC owned about 0.30% of Vox Royalty at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Total Wealth Planning & Management Inc. acquired a new position in shares of Vox Royalty during the 4th quarter worth approximately $223,000. Wealth Enhancement Advisory Services LLC bought a new position in Vox Royalty in the 4th quarter valued at about $47,000. Renaissance Technologies LLC boosted its position in shares of Vox Royalty by 5.1% during the 4th quarter. Renaissance Technologies LLC now owns 596,472 shares of the company's stock worth $1,396,000 after acquiring an additional 29,172 shares in the last quarter. 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, Sprott Inc. acquired a new position in Vox Royalty during the fourth quarter valued at approximately $71,000. 45.95% of the stock is currently owned by institutional investors and hedge funds.

Vox Royalty Stock Down 0.5%

Shares of VOXR traded down $0.02 during midday trading on Friday, hitting $3.63. The company's stock had a trading volume of 315,588 shares, compared to its average volume of 205,460. Vox Royalty Corp. has a one year low of $2.21 and a one year high of $3.79. The stock has a market capitalization of $184.24 million, a price-to-earnings ratio of -90.75 and a beta of 0.42. The company's fifty day simple moving average is $3.37 and its two-hundred day simple moving average is $2.81.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). The firm had revenue of $2.68 million during the quarter, compared to the consensus estimate of $3.50 million. Vox Royalty had a negative net margin of 16.30% and a negative return on equity of 4.05%. On average, research analysts predict that Vox Royalty Corp. will post -0.01 earnings per share for the current year.

Vox Royalty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be paid a $0.0125 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Monday, June 30th. Vox Royalty's dividend payout ratio is currently -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.