Vox Royalty Corp. to Post Q1 2024 Earnings of ($0.01) Per Share, Cormark Forecasts (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR - Free Report) - Stock analysts at Cormark issued their Q1 2024 earnings per share estimates for Vox Royalty in a research note issued to investors on Monday, April 22nd. Cormark analyst N. Dion expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Vox Royalty's current full-year earnings is ($0.02) per share.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.01 earnings per share (EPS) for the quarter. Vox Royalty had a positive return on equity of 1.85% and a negative net margin of 0.81%. The business had revenue of $3.00 million for the quarter.

Vox Royalty Stock Performance

Vox Royalty stock traded down $0.02 during midday trading on Thursday, reaching $2.05. The stock had a trading volume of 44,246 shares, compared to its average volume of 65,373. Vox Royalty has a twelve month low of $1.70 and a twelve month high of $3.06. The stock has a market capitalization of $102.75 million, a PE ratio of -207.00 and a beta of 0.93. The stock's 50-day simple moving average is $1.99 and its 200 day simple moving average is $1.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. ORG Partners LLC increased its position in shares of Vox Royalty by 25.3% during the fourth quarter. ORG Partners LLC now owns 12,416,551 shares of the company's stock worth $25,578,000 after acquiring an additional 2,505,801 shares during the last quarter. Meixler Investment Management Ltd. increased its position in shares of Vox Royalty by 42.1% during the third quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company's stock worth $361,000 after acquiring an additional 52,900 shares during the last quarter. Sprott Inc. purchased a new stake in shares of Vox Royalty during the third quarter worth about $42,000. Ancora Advisors LLC purchased a new stake in shares of Vox Royalty during the third quarter worth about $471,000. Finally, Euro Pacific Asset Management LLC purchased a new stake in shares of Vox Royalty during the third quarter worth about $118,000. Institutional investors and hedge funds own 45.95% of the company's stock.

Vox Royalty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were paid a dividend of $0.012 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date was Wednesday, March 27th. This is a boost from Vox Royalty's previous quarterly dividend of $0.01. Vox Royalty's payout ratio is currently -500.00%.

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.