160,000 Shares in Vox Royalty Corp. $VOXR Bought by Manatuck Hill Partners LLC

Manatuck Hill Partners LLC purchased a new stake in shares of Vox Royalty Corp. (NASDAQ:VOXR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 160,000 shares of the company’s stock, valued at approximately $757,000. Manatuck Hill Partners LLC owned about 0.23% of Vox Royalty at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Banque Cantonale Vaudoise acquired a new position in shares of Vox Royalty in the 1st quarter valued at about $32,000. Legal & General Group Plc acquired a new stake in Vox Royalty during the second quarter worth approximately $30,000. AQR Capital Management LLC acquired a new stake in Vox Royalty during the fourth quarter worth approximately $50,000. Oppenheimer Asset Management Inc. bought a new stake in Vox Royalty in the second quarter worth approximately $51,000. Finally, ProShare Advisors LLC bought a new stake in Vox Royalty in the fourth quarter worth approximately $52,000. 45.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VOXR shares. BMO Capital Markets restated an “outperform” rating on shares of Vox Royalty in a report on Friday, May 15th. Roth Capital set a $7.75 price objective on shares of Vox Royalty in a research note on Tuesday, August 18th. Wall Street Zen downgraded shares of Vox Royalty from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Zacks Research raised shares of Vox Royalty from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Weiss Ratings cut shares of Vox Royalty from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Vox Royalty presently has an average rating of “Moderate Buy” and a consensus target price of $7.75.

Vox Royalty Trading Down 0.9%

Vox Royalty stock opened at $5.79 on Wednesday. The firm has a market capitalization of $402.12 million, a price-to-earnings ratio of 8.64 and a beta of 0.53. The firm’s fifty day moving average price is $4.81 and its two-hundred day moving average price is $5.30. Vox Royalty Corp. has a 1-year low of $3.39 and a 1-year high of $6.70.

Vox Royalty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 30th. Vox Royalty’s dividend payout ratio is currently 8.96%.

Vox Royalty Profile

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.