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DENVER, CO - Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR), a mining royalty company with a market capitalization of $174.46 million and impressive 52.74% one-year return, has announced significant developments from its operating partners on several Australian projects, indicating potential enhancements to asset value and progress towards production. The company maintains a remarkable 98.18% gross profit margin, highlighting its efficient royalty-based business model.InvestingPro analysis reveals 11 additional key insights about Vox Royalty’s performance and potential, including detailed financial health metrics and growth indicators.
Develop Global Limited has initiated substantial underground activities at the Sulphur Springs copper-zinc-lead-silver project in Western Australia. As of May 29, 2025, earthworks including the excavation of box-cuts for underground portals and site clearing for a processing plant are in progress. An updated Definitive Feasibility Study is expected to be completed later this year, with a final investment decision to follow.
Silver Mines Limited has received a favorable ruling from the New South Wales Planning Secretary on May 27, 2025, for the Bowdens silver project. This decision clears the path for the Independent Planning Commission to proceed with its re-determination, pending additional information from Silver Mines, which could lead to final development approval.
Catalyst Metals Ltd. has successfully raised A$150 million in equity capital on May 23, 2025. The funds are earmarked for development and exploration at the Plutonic East gold mine, including a 25,000-meter drilling program. This capital injection is expected to accelerate mine development and extend the life of the mine.
Vox holds various royalties in these projects, including a capped production royalty on the Sulphur Springs project, an uncapped gross revenue royalty on the Bowdens silver project, and a grade-linked, uncapped tonnage royalty on the majority of the Plutonic East underground mine.
These updates reflect positive momentum in Vox’s royalty portfolio, with significant advancements in project development and exploration activities. The company anticipates that these developments will contribute to the value of its Australian assets. With a strong current ratio of 4.24 and analyst price targets ranging from $4.00 to $6.00, Vox demonstrates solid financial health despite currently trading slightly above its Fair Value according to InvestingPro analysis.Unlock comprehensive financial analysis and discover more investment opportunities with InvestingPro’s advanced screening tools and expert insights.
This news is based on a press release statement from Vox Royalty Corp. and has not been independently verified. The forward-looking statements involve risks and uncertainties, including those related to project development, regulatory approvals, and market conditions.
In other recent news, Vox Royalty Corp. reported its first-quarter earnings for 2025, with revenue aligning with forecasts, though adjusted earnings per share were slightly below expectations due to higher taxes. BMO Capital Markets responded by raising Vox Royalty’s stock target to $4.00, citing the acquisition of the Kanmantoo Net Smelter Return royalty as a key factor, which led to an upward revision of Vox’s revenue guidance for 2025. Additionally, Vox Royalty is set to be included in the Russell 3000®, Russell 2000®, and Russell Microcap® Indexes, a move expected to enhance visibility among institutional investors.
Vox Royalty is also involved in a legal dispute in the Supreme Court of Western Australia regarding the Red Hill royalty, which it acquired as part of a larger transaction. Despite the legal challenges, Vox Royalty remains firm in its defense, asserting that the claimed right of first refusal was not applicable. The company provided updates on the Red Hill gold project, noting significant exploration and development progress by Northern Star Resources Limited, which reported a resource estimate upgrade.
Moreover, Vox’s operating partners in Western Australia have made notable advancements, such as Black Cat Syndicate’s first gold pour at the Lakewood mill and Evolution Mining’s early commissioning of the Mungari mill expansion. These developments are anticipated to enhance Vox’s near- and medium-term revenue. Vox Royalty continues to emphasize its strategy of targeting high-return royalty acquisitions, boasting a portfolio of over 60 royalties across six jurisdictions.
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