Vox Royalty (NASDAQ:VOXR) Lowered to Hold Rating by Wall Street Zen

Vox Royalty (NASDAQ:VOXR) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Vox Royalty in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Vox Royalty currently has an average rating of “Hold”.

Vox Royalty Stock Performance

Shares of VOXR stock opened at $5.55 on Friday. The company has a current ratio of 3.35, a quick ratio of 3.35 and a debt-to-equity ratio of 0.12. Vox Royalty has a 12-month low of $2.21 and a 12-month high of $5.88. The business’s 50 day moving average is $5.12 and its two-hundred day moving average is $4.42. The company has a market capitalization of $380.12 million, a P/E ratio of -138.75 and a beta of 0.35.

Institutional Trading of Vox Royalty

A number of institutional investors have recently made changes to their positions in VOXR. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Vox Royalty during the second quarter worth approximately $31,000. AQR Capital Management LLC purchased a new position in Vox Royalty in the 4th quarter valued at $50,000. ProShare Advisors LLC acquired a new stake in Vox Royalty during the 4th quarter worth $52,000. XTX Topco Ltd purchased a new stake in shares of Vox Royalty during the second quarter worth $56,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Vox Royalty by 160.2% during the third quarter. BNP Paribas Financial Markets now owns 13,313 shares of the company’s stock worth $57,000 after buying an additional 8,196 shares in the last quarter. 45.95% of the stock is owned by institutional investors and hedge funds.

Vox Royalty Company 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.