Vox Royalty (TSE:VOXR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Vox Royalty Corp. reported a robust second quarter in 2024 with a substantial 15% increase in gross profit and a 28% reduction in general and administration expenses compared to the same period last year. The company also highlighted its strategic growth through acquisitions and operational advancements, such as the start of ore mining at Bulong/Myhree and record ore shipments from its royalty asset. Additionally, Vox Royalty strengthened its financial position with increased cash flows from operations and announced enhancements to shareholder returns through a higher quarterly cash dividend and a new share repurchase program.
For further insights into TSE:VOXR stock, check out TipRanks’ Stock Analysis page.
