Vox Royalty is transitioning from a gold-focused royalty portfolio to a diversified mix with increased copper and battery metals exposure, capitalizing on secular demand trends. VOXR's recent $60 million global gold royalty acquisition and strong balance sheet position it for robust growth while maintaining prudent leverage and increasing dividends. Despite a Q2 revenue dip due to iron ore weakness, VOXR's gold assets are ramping up, and management reaffirms 2025 revenue guidance of $13–$15 million, with multiple growth catalysts ahead.
Vox Royalty offers a discounted entry into a high-growth, asset-light royalty model, with strong management alignment and a diversified portfolio in stable jurisdictions. Multiple near-term mine openings and a robust pipeline are set to drive double-digit revenue and cash flow growth, supported by record gold and copper prices. Despite premium EV/EBITDA multiples, Vox remains undervalued relative to its growth curve, with consensus price targets 40–60% above current levels.
Here is how Vox Royalty Corp. (VOXR) and Yara International ASA (YARIY) have performed compared to their sector so far this year.
| Metals & Mining Industry | Materials Sector | Kyle Floyd CEO | NASDAQ (CM) Exchange | CA92919F1036 ISIN |
| CA Country | 6 Employees | 31 Dec 2025 Last Dividend | - Last Split | 28 Jul 2020 IPO Date |
Vox Royalty Corp., established in 2014 and based in Toronto, Canada, positions itself as a distinctive player in the mining sector by focusing on royalty and streaming investments. As a company, it prides itself on a diversified portfolio that includes 56 royalties and streaming assets, alongside 1 royalty option, encompassing a broad geographical span across Australia, Canada, Peru, Brazil, South Africa, Mexico, the United States, Madagascar, the Cayman Islands, and Nigeria. This extensive reach and strategic focus on royalties and streams allow Vox Royalty Corp. to leverage the mining outputs and revenues of its partners without direct involvement in the mining operations, thus facilitating a risk-mitigated pathway to revenue generation in the resource sector.
Mining Royalties and Streams
Vox Royalty Corp.'s core business revolves around acquiring and holding mining royalties and streams. This financial model provides the company with a percentage of revenue or production from mining projects without bearing the costs or responsibilities of operating the mines. This approach offers a lower-risk investment in the mining sector, with potential for long-term returns based on the performance of the underlying assets.
Royalty Options
The company also engages in royalty options, providing it with the potential to acquire future royalties under predetermined conditions. This tier of its business model allows Vox Royalty Corp. to strategically expand its portfolio by securing rights to royalties that can be activated based on the success or development milestones of the underlying mining projects.