Vox Royalty (NASDAQ:VOXR) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Vox Royalty (NASDAQ:VOXR) from a hold rating to a buy rating in a report issued on Sunday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 29th. One investment 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 Stock Performance

Shares of NASDAQ:VOXR opened at $6.43 on Friday. Vox Royalty has a 1 year low of $2.29 and a 1 year high of $6.44. The stock has a market capitalization of $440.39 million, a price-to-earnings ratio of -160.75 and a beta of 0.25. 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 company’s 50 day simple moving average is $5.20 and its 200 day simple moving average is $4.52.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in Vox Royalty during the 2nd quarter worth approximately $31,000. AQR Capital Management LLC acquired a new position in shares of Vox Royalty during the fourth quarter worth $50,000. ProShare Advisors LLC bought a new stake in shares of Vox Royalty in the fourth quarter worth $52,000. XTX Topco Ltd acquired a new stake in Vox Royalty in the second quarter valued at $56,000. Finally, BNP Paribas Financial Markets raised its position in Vox Royalty by 160.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 13,313 shares of the company’s stock worth $57,000 after purchasing an additional 8,196 shares during the last quarter. 45.95% of the stock is currently 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.