Vox Royalty to join Russell indexes in June

DENVER, COLORADO - Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR), known for its mining royalty operations and impressive 47% return over the past year, is set to be included in the Russell 3000®, Russell 2000®, and Russell Microcap® Indexes following the annual reconstitution of these indexes on June 27, 2025. This announcement comes after a preliminary list of additions was posted on May 23, 2025. The company, currently valued at $174 million, has shown strong momentum with a 27% price appreciation over the past six months.

The inclusion in these indexes is a significant milestone for Vox, as stated by CEO Kyle Floyd. He notes that this development reflects the company’s robust royalty portfolio and its growth in value since its public debut in May 2020. According to InvestingPro data, Vox maintains a "GOOD" financial health score and enjoys a strong buy consensus from analysts. Floyd anticipates that Vox’s presence in these indexes will bring increased visibility, particularly among institutional investors, and contribute to a broader shareholder base.

Russell indexes are managed by FTSE Russell, a global index provider, and serve as benchmarks for investment strategies and index funds. The annual reconstitution process considers the 4,000 largest U.S. stocks by market capitalization as of April 30, 2025. Inclusion in the Russell 3000® Index guarantees a place in either the Russell 1000® or Russell 2000® Indexes and associated growth and value style indexes for one year. Similarly, membership in the Russell Microcap® Index assures inclusion in the corresponding style indexes.

Vox has been active in the mining royalty sector since its establishment in 2014. The company has built a portfolio of over 60 royalties across six jurisdictions. It prides itself on a transactional team with technical expertise and a global sourcing network. Since early 2020, Vox has completed over 30 transactions to acquire these royalties.

The forward-looking statements in the press release speak to expectations surrounding Vox’s inclusion in the Russell indexes and the potential impacts thereof. However, these statements are subject to risks and uncertainties, including market conditions and regulatory changes, which could influence actual results.

This news report is based on a press release statement from Vox Royalty Corp. and does not constitute an endorsement of the company or its potential market performance. The company maintains impressive operational efficiency with a 98% gross profit margin and strong liquidity with a current ratio of 4.24. InvestingPro subscribers can access 12 additional key insights and detailed financial metrics to make more informed investment decisions about Vox Royalty Corp.

In other recent news, Vox Royalty Corp. has seen noteworthy developments across its various projects and partnerships. The company reported its first-quarter earnings for 2025, with revenue aligning with forecasts, although adjusted earnings per share were slightly below expectations due to higher taxes. A significant highlight is Vox Royalty’s acquisition of the Kanmantoo Net Smelter Return royalty, which led BMO Capital Markets to raise the company’s stock target to $4.00, citing the acquisition’s strategic value and immediate cash flow benefits.

Additionally, Vox’s operating partner, Northern Star Resources, has made substantial progress at the Red Hill gold project in Western Australia, with resource growth reported at the site. Northern Star plans to process ore through its expanded Fimiston mill, with commissioning expected by FY27. In Western Australia, Black Cat Syndicate Limited announced its first gold pour at the Lakewood mill and received approval for underground mining at the Myhree deposit, where Vox holds a 1% net smelter return royalty.

Norwest Minerals Limited has been granted a mining lease for the Bulgera Gold Project, over which Vox also holds a 1% NSR. Furthermore, Evolution Mining Limited has commenced operations at the Castle Hill deposit and begun commissioning its Mungari mill expansion ahead of schedule. These developments are expected to enhance Vox’s royalty revenue, with contributions anticipated from multiple projects in the near to medium term.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.