Last Updated: 10 Nov 2024
Executive Summary
Vox Royalty Corp. (VOXR) is a royalty company focused on acquiring and managing a portfolio of precious metal royalties. The company's latest stock price is $2.71, with a market capitalization of $137.53 million. VOXR has a strong financial position with positive EBITDA and operating margins. However, the company is not yet profitable, with a negative EPS. Analysts have a Buy rating on VOXR, with a target price of $4.21.
Company Overview
Vox Royalty Corp. was founded in 2014 and is headquartered in Toronto, Canada. The company's portfolio of royalties includes interests in gold, silver, and other precious metals projects located in the Americas, Europe, and Africa. VOXR's largest royalty interest is in the producing Candelaria silver mine in Mexico.
Fundamental Analysis
Revenue: VOXR's revenue for the trailing twelve months (TTM) was $12.23 million, up 0.28% year-over-year.
Gross Profit: The company's gross profit for the TTM was $8.19 million, with a gross margin of 67.0%.
EBITDA: VOXR's EBITDA for the TTM was $5.67 million, with an EBITDA margin of 46.3%.
Net Income: The company reported a net loss of $1.02 million for the TTM, with a net margin of -8.3%.
EPS: VOXR's diluted EPS for the TTM was -$0.02.
Book Value: The company's book value per share is $0.899.
Dividend: VOXR does not currently pay a dividend.
Technical Analysis
52-Week High: $3.24
52-Week Low: $1.676
50-Day Moving Average: $2.89
200-Day Moving Average: $2.427
Beta: 0.343
VOXR's stock price has been trending higher in recent months, and is currently trading above its 50-day and 200-day moving averages. The stock has strong support at $2.50 and resistance at $3.00.
Short Term Outlook
In the short term, VOXR's stock price is likely to continue to trade within the range of $2.50 to $3.00. The company's financial results have been mixed, and the stock is still relatively volatile. However, the company's strong portfolio of royalties and positive EBITDA provide support for the stock price.
Long Term Outlook
In the long term, VOXR's stock price is likely to be driven by the performance of the precious metals market. If gold and silver prices continue to rise, VOXR's stock price is likely to benefit. The company's strong portfolio of royalties and experienced management team also provide support for the stock's long-term growth potential.
Analyst Recommendations
Analysts have a Buy rating on VOXR, with a target price of $4.21. The analysts believe that the company's strong portfolio of royalties and positive EBITDA provide support for the stock's long-term growth potential.
