$Vox Royalty Corp(VOXR)$ is a Canadian mining company that focuses on generating revenue by acquiring and managing royalties from mining companies. Founded in 2014, the company owns more than 60 royalties covering six different jurisdictions. Vox Royalty's portfolio is mainly concentrated in Australia and North America, with these two regions accounting for more than 80% of its portfolio.
Fluctuations in metal prices directly affect the company's profitability. According to Vox Royalty Corp., operating cash flow in the third quarter of 2024 reached CA$5,333,752, an increase of 82% over the same period in 2023.
In 2023, Vox Royalty's royalty income is expected to be between $11 million and $13 million, showing the company's strong performance in the royalty field. In addition, the company also announced a quarterly dividend of CA$0.012 per share, further enhancing its attractiveness to investors.
According to Zacks Investment Research, based on three analysts’ short-term target prices, $Vox Royalty Corp(VOXR)$ has an average target price of $4.20. WalletInvestor.com predicts that VOXR’s stock price could reach $16.653 on October 31, 2029.