Vox Royalty (NASDAQ:VOXR - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.
VOXR has been the subject of several other reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vox Royalty in a report on Friday, March 27th. Zacks Research lowered shares of Vox Royalty from a "hold" rating to a "strong sell" rating in a report on Monday, April 6th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Vox Royalty currently has a consensus rating of "Reduce".
Get Our Latest Research Report on Vox Royalty
Vox Royalty Trading Up 3.9%
NASDAQ VOXR opened at $5.34 on Friday. Vox Royalty has a one year low of $2.97 and a one year high of $6.59. The company has a 50-day simple moving average of $5.53 and a 200-day simple moving average of $5.05. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.73 and a current ratio of 2.73. The firm has a market capitalization of $367.93 million, a PE ratio of 76.29 and a beta of 0.36.
Vox Royalty (NASDAQ:VOXR - Get Free Report) last posted its quarterly earnings results on Monday, March 30th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.05). Vox Royalty had a net margin of 35.42% and a return on equity of 0.71%. The business had revenue of $7.36 million during the quarter, compared to analyst estimates of $5.88 million. On average, equities analysts forecast that Vox Royalty will post 0.11 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. NewGen Asset Management Ltd acquired a new position in Vox Royalty during the 3rd quarter valued at about $2,637,000. King Luther Capital Management Corp acquired a new position in Vox Royalty during the 3rd quarter valued at about $2,924,000. Hodges Capital Management Inc. acquired a new position in Vox Royalty during the 3rd quarter valued at about $1,962,000. ORG Partners LLC boosted its stake in Vox Royalty by 1.4% during the 3rd quarter. ORG Partners LLC now owns 12,131,435 shares of the company's stock valued at $52,165,000 after purchasing an additional 169,949 shares during the period. Finally, Tectonic Advisors LLC acquired a new position in Vox Royalty during the 3rd quarter valued at about $661,000. 45.95% of the stock is owned by institutional investors and hedge funds.
Vox Royalty Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Vox Royalty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vox Royalty wasn't on the list.
While Vox Royalty currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.