680,000 Shares in Vox Royalty Corp. $VOXR Bought by King Luther Capital Management Corp

King Luther Capital Management Corp purchased a new stake in Vox Royalty Corp. (NASDAQ:VOXR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 680,000 shares of the company’s stock, valued at approximately $2,924,000. King Luther Capital Management Corp owned 1.34% of Vox Royalty at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 29th. Wall Street Zen downgraded Vox Royalty from a “buy” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Vox Royalty Price Performance

Vox Royalty stock opened at $5.55 on Friday. Vox Royalty Corp. has a 52 week low of $2.21 and a 52 week high of $5.88. The company’s 50 day moving average price is $5.12 and its two-hundred day moving average price is $4.42. The stock has a market cap of $380.12 million, a P/E ratio of -138.75 and a beta of 0.35. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 0.12.

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.