Vox Royalty Corp. Declares Quarterly Dividend of $0.02 (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Friday, February 27th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.015 per share on Tuesday, April 14th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, March 31st.

Vox Royalty has a payout ratio of 85.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

Vox Royalty Trading Up 3.9%

Shares of Vox Royalty stock opened at $4.84 on Friday. Vox Royalty has a 1 year low of $2.56 and a 1 year high of $6.59. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.35 and a current ratio of 3.35. The company has a market capitalization of $333.43 million, a P/E ratio of -121.00 and a beta of 0.25. The company’s fifty day moving average is $5.48 and its two-hundred day moving average is $4.81.

Hedge Funds Weigh In On Vox Royalty

Several institutional investors have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Vox Royalty in the 2nd quarter worth $31,000. AQR Capital Management LLC acquired a new position in shares of Vox Royalty during the fourth quarter worth about $50,000. ProShare Advisors LLC purchased a new position in Vox Royalty during the fourth quarter worth about $52,000. XTX Topco Ltd purchased a new position in Vox Royalty during the second quarter worth about $56,000. Finally, BNP Paribas Financial Markets lifted its position in Vox Royalty by 160.2% in the third quarter. BNP Paribas Financial Markets now owns 13,313 shares of the company’s stock valued at $57,000 after purchasing an additional 8,196 shares during the period. 45.95% of the stock is owned by institutional investors and hedge funds.

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.