Vox Royalty Corp. Expected to Post Q1 2024 Earnings of ($0.01) Per Share (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR) – Research analysts at Cormark issued their Q1 2024 earnings per share (EPS) estimates for shares of Vox Royalty in a note issued to investors on Monday, April 22nd. Cormark analyst N. Dion forecasts that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Vox Royalty’s current full-year earnings is ($0.02) per share.

Vox Royalty Trading Up 1.0 %

Shares of VOXR opened at $2.07 on Thursday. The stock has a 50 day moving average of $1.99 and a 200-day moving average of $1.99. Vox Royalty has a 52 week low of $1.70 and a 52 week high of $3.07.

Vox Royalty (NASDAQ:VOXR) last issued its earnings results on Thursday, March 7th. The company reported $0.01 EPS for the quarter. The company had revenue of $3.00 million during the quarter. Vox Royalty had a positive return on equity of 1.85% and a negative net margin of 0.81%.

Vox Royalty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were given a dividend of $0.012 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.05 dividend on an annualized basis and a yield of 2.32%. This is a positive change from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s payout ratio is currently -500.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in Vox Royalty by 15.3% during the 4th quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock valued at $194,000 after purchasing an additional 12,459 shares during the period. Sprott Inc. acquired a new position in Vox Royalty during the 3rd quarter valued at approximately $42,000. Meixler Investment Management Ltd. boosted its position in Vox Royalty by 42.1% during the 3rd quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company’s stock valued at $361,000 after purchasing an additional 52,900 shares during the period. Euro Pacific Asset Management LLC acquired a new position in Vox Royalty during the 3rd quarter valued at approximately $118,000. Finally, Ancora Advisors LLC bought a new stake in Vox Royalty during the 3rd quarter valued at $471,000. Institutional investors and hedge funds own 45.95% of the company’s stock.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.