Cormark Has Strong Forecast for Vox Royalty FY2025 Earnings

Vox Royalty Corp. (NASDAQ:VOXR) – Investment analysts at Cormark raised their FY2025 earnings per share estimates for shares of Vox Royalty in a research report issued to clients and investors on Tuesday, February 25th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.00 for the year, up from their prior forecast of ($0.01). The consensus estimate for Vox Royalty’s current full-year earnings is ($0.01) per share.

Vox Royalty Trading Up 5.9 %

Shares of VOXR stock opened at $2.50 on Thursday. The company’s fifty day simple moving average is $2.40 and its 200-day simple moving average is $2.64. The company has a market cap of $126.65 million, a PE ratio of -83.33 and a beta of 0.93. Vox Royalty has a 52 week low of $1.81 and a 52 week high of $3.24.

Vox Royalty (NASDAQ:VOXR) last released its quarterly earnings results on Thursday, February 20th. The company reported ($0.02) EPS for the quarter. The business had revenue of $2.90 million during the quarter. Vox Royalty had a negative net margin of 14.94% and a negative return on equity of 3.71%.

Vox Royalty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.0125 per share. The ex-dividend date is Monday, March 31st. This represents a $0.05 annualized dividend and a yield of 2.00%. This is an increase from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s payout ratio is presently -166.67%.

Hedge Funds Weigh In On Vox Royalty

Several hedge funds have recently modified their holdings of the company. Virtu Financial LLC purchased a new position in shares of Vox Royalty during the third quarter valued at $44,000. National Bank of Canada FI bought a new position in shares of Vox Royalty in the third quarter worth about $52,000. Bard Associates Inc. bought a new position in shares of Vox Royalty in the third quarter worth about $55,000. Sprott Inc. bought a new position in shares of Vox Royalty in the fourth quarter worth about $71,000. Finally, Quadrature Capital Ltd bought a new position in Vox Royalty during the third quarter valued at about $152,000. 45.95% of the stock is currently owned by institutional investors and hedge funds.

About Vox Royalty

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.