Vox Royalty (NASDAQ:VOXR) Stock Price Down 1.7% – What’s Next?

Shares of Vox Royalty Corp. (NASDAQ:VOXR) fell 1.7% during trading on Friday . The company traded as low as $2.31 and last traded at $2.35. 90,203 shares traded hands during trading, an increase of 14% from the average session volume of 79,095 shares. The stock had previously closed at $2.39.

Vox Royalty Stock Performance

The stock has a market capitalization of $119.05 million, a PE ratio of -117.50 and a beta of 0.93. The stock’s 50 day moving average is $2.43 and its two-hundred day moving average is $2.68.

Vox Royalty Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a $0.012 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Tuesday, December 31st. Vox Royalty’s dividend payout ratio is presently -200.00%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its stake in Vox Royalty by 53.0% in the 2nd quarter. Renaissance Technologies LLC now owns 191,500 shares of the company’s stock worth $530,000 after purchasing an additional 66,319 shares in the last quarter. ORG Partners LLC increased its holdings in shares of Vox Royalty by 7.6% in the third quarter. ORG Partners LLC now owns 13,347,465 shares of the company’s stock valued at $40,309,000 after purchasing an additional 938,814 shares during the last quarter. Meixler Investment Management Ltd. lifted its position in Vox Royalty by 9.4% during the third quarter. Meixler Investment Management Ltd. now owns 201,300 shares of the company’s stock worth $608,000 after buying an additional 17,300 shares in the last quarter. Bard Associates Inc. acquired a new position in Vox Royalty during the third quarter worth $55,000. Finally, Quadrature Capital Ltd purchased a new stake in Vox Royalty in the 3rd quarter valued at $152,000. 45.95% of the stock is 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.