King Luther Capital Management Corp Takes Position in Vox Royalty Corp. $VOXR

King Luther Capital Management Corp purchased a new position in Vox Royalty Corp. (NASDAQ:VOXR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 680,000 shares of the company’s stock, valued at approximately $2,924,000.

Several other institutional investors also recently added to or reduced their stakes in VOXR. Los Angeles Capital Management LLC purchased a new stake in shares of Vox Royalty during the 2nd quarter worth approximately $873,000. Hodges Capital Management Inc. bought a new position in Vox Royalty during the third quarter valued at $1,962,000. ORG Partners LLC increased its position in Vox Royalty by 1.4% in the third quarter. ORG Partners LLC now owns 12,131,435 shares of the company’s stock worth $52,165,000 after buying an additional 169,949 shares during the last quarter. Tectonic Advisors LLC purchased a new stake in Vox Royalty in the third quarter worth $661,000. Finally, Quadrature Capital Ltd bought a new stake in shares of Vox Royalty in the second quarter valued at $336,000. Institutional investors own 45.95% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vox Royalty in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Vox Royalty from a “buy” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Vox Royalty Price Performance

Vox Royalty stock opened at $5.55 on Friday. The firm has a market capitalization of $380.12 million, a P/E ratio of -138.75 and a beta of 0.35. Vox Royalty Corp. has a one year low of $2.21 and a one year high of $5.88. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.35 and a quick ratio of 3.35. The business has a fifty day moving average price of $5.12 and a 200-day moving average price of $4.42.

About Vox Royalty

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.