Vox Royalty (TSE:VOXR) has released an update.
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Vox Royalty Corp. reported a robust second quarter in 2024, with a 15% increase in gross profit and a significant 28% cut in general and administration expenses compared to the same period last year. The company has also successfully completed an Australian royalty portfolio acquisition, contributing to its strategic growth. Alongside these achievements, Vox announced a 9.1% increase in their quarterly cash dividend and the implementation of a dividend reinvestment plan and a share repurchase program.
For further insights into TSE:VOXR stock, check out TipRanks’ Stock Analysis page.