Moon Capital Management LP Invests $774,000 in Vox Royalty Corp. $VOXR

Moon Capital Management LP purchased a new stake in Vox Royalty Corp. (NASDAQ:VOXR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 180,000 shares of the company’s stock, valued at approximately $774,000. Vox Royalty comprises 0.6% of Moon Capital Management LP’s portfolio, making the stock its 10th biggest position. Moon Capital Management LP owned 0.35% of Vox Royalty at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Los Angeles Capital Management LLC bought a new stake in shares of Vox Royalty in the second quarter valued at about $873,000. Geode Capital Management LLC bought a new stake in Vox Royalty in the second quarter valued at approximately $1,672,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Vox Royalty during the 2nd quarter valued at $31,000. Intech Investment Management LLC bought a new stake in shares of Vox Royalty during the 2nd quarter worth about $59,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Vox Royalty during the second quarter worth approximately $71,000. Institutional investors own 45.95% of the company’s stock.

Vox Royalty Stock Performance

Shares of VOXR stock opened at $5.53 on Tuesday. Vox Royalty Corp. has a one year low of $2.21 and a one year high of $5.88. The business’s 50 day simple moving average is $5.12 and its 200 day simple moving average is $4.45. The stock has a market capitalization of $378.75 million, a PE ratio of -138.25 and a beta of 0.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.35 and a quick ratio of 3.35.

Analysts Set New Price Targets

Several analysts have weighed in on VOXR shares. Wall Street Zen cut shares of Vox Royalty from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.