The price action formed on 12th/13th April 2021 is turning out to be a real demand area, where the professionals were most probably buying into the sell off. The recent Stochastic divergence as price revisited that demand zone has proven itself to be a decent signal for those willing to get long. The moving averages are now acting as the roadblocks and a close this week above the daily 50 exponential moving average ( ema ) will be a catalyst for more retail buying up to the 200 ema .
2.56 is a key swing high on the intraday chart. The price action is currently compressing under the 200 period exponential moving average. Price action if we get above 2.56 will confirm a higher high and higher low, which should mean momentum to the upside follows.
Some recent news The Silicon Review "The company is currently evaluating more than $500 million in royalty deals and should continue to lead the industry in growth as it has for the last two years." Electric Royalties Ltd. TORONTO, CANADA – July 5, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce that it has entered into definitive transaction documentation with Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties”) for Electric Royalties to acquire a portfolio of two graphite royalties from Vox for C$2,850,000 in shares of Electric Royalties and a C$50,000 cash non-refundable exclusivity payment (the “Transaction”), as announced in a prior press release dated May 18, 2021. Vox has now closed above the 2.56 level and is showing strength with daily swing of higher highs and higher lows. When the share price closes above the 2.88 level, the corrective cycle will have a higher probability of returning to an impulsive move higher.
$FNV $WPM $RGLD $VOX.CA $GDX #preciousmetals #basemetals #gold #silver #inflation #TIPS Gold rises as real yields decline. So keeping an eye on TIPS and the gold miners, with US10Y and inflation is a great timing tool. The rising precious metals-focused Royalty sector is tracking the producers and Spot is holding 1800 US dollars as support. Comparing 3 large precious metals royalty companies and the VanEck Vectors Gold Miners UCITS ETF ( GDX ), shows how the Gold miners and large-cap royalty firms have a similar relationship within the market. Recently the price action in Vox Royalty has started to find that it too can benefit from a rising market and good news flow. In the past VOX Royalty has been a more volatile ride but steady progress towards their goal of building a portfolio and bringing value to their shareholders. A few months ago news of Letters of Intent and Public Offerings was announced. The raising of capital was to purchase royalties and assuming completion of the transactions under LOI and a midpoint of 25 royalties acquired, the Company’s portfolio will consist of seven producing assets (an increase of 75% compared to its four producing or construction-stage assets in 2020). In addition, six of the royalty assets subject to LOIs are currently in a development stage and the remaining 16 royalty assets are in the exploration stage (based on an assumed acquisition of 25 royalties). Assuming 25 of the royalties under LOI are purchased, the Company projects that the underlying royalties are expected to generate between C$3 million and C$7 million of incremental revenue in 2023.
$VOX.CA Vox Royalty Corp (CVE:VOX) (OTCMKTS:VOXCF) has noted that its royalty partner Thor Explorations Ltd (CVE:THX) (LON:THX) (OTCMKTS:THXPF) (FRA:T2X) has begun commissioning its gold processing plant at the Segilola gold project in Nigeria and will pour the first gold bar there before the end of the month. Vox Royalty, which has a 1.5% net smelter return (NSR) royalty on all products mined from the property, estimates it will receive pre-tax royalty revenues of C$4.4 million within the first two full years of production. "Based on production guidance from Thor, we expect that this royalty has the potential to generate revenue almost five times Vox's initial investment of C$900,000 within a span of three years,” Vox Royalty executive vice president of corporate development Simon Cooper said in a statement. bit.ly/3kGZ3xB #gold #preciousmetals #streaming #basemetals #miners #commodities
$VOX.CA is pleased to announce that it has executed binding agreements with Titan Minerals Limited to acquire four Peruvian gold, silver, and copper royalties for total cash consideration of US$1,000,000. In addition, Titan will pay Vox US$1,000,000 in cash pursuant to the terms of an agreement between Vox’s subsidiary, SilverStream SEZC, and a subsidiary of Titan, Mantle Mining Peru S.A.C. (together with the acquisition of the Royalty Portfolio, the “Transaction”). Spencer Cole, Chief Investment Officer stated: “We are pleased to close out this legacy receivable from Titan and to add four highly prospective Peruvian exploration royalties to our portfolio. #preciousmetals #gold #royalty #miners $GDX $WPM $RGLD $FNV This company is on the move
For those of you who haven't been following along, this is what was said in May at the end of Q1 2021. GEORGE TOWN, CAYMAN ISLANDS – May 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce its operating and financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars unless otherwise indicated. Kyle Floyd, Chief Executive Officer stated: “The first quarter of 2021 marked another milestone for Vox as it reported record revenues. The Company is well on track to achieve its previously announced 2021 royalty revenue guidance of C$1.7M to C$2.5M. The embedded organic growth in our portfolio of 50 royalty assets continues to build. Every month our shareholders are benefiting from exploration successes, fast-tracking of development and production increases on our royalty properties. The coming quarters have strong potential to be the most productive in Vox’s seven year history.” This is where they are end of Q2 2021 VOX ANNOUNCES RECORD REVENUE IN Q2 2021 AND INCREASES 2021 REVENUE GUIDANCE BY +100% TORONTO, CANADA – July 27, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”), a high growth precious metals focused royalty company, is pleased to announce that it has realized record preliminary quarterly royalty revenue of C$1,628,600 (US$1,314,000) for the three-month period ended June 30, 2021. During the quarter, the Company recognized inaugural royalty revenue from its Janet Ivy gold royalty, acquired on March 29, 2021, which is an uncapped A$0.50 per tonne royalty. Quarterly revenue benefitted from increased royalty-linked production by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, increased production by Karora Resources Inc. (TSX: KRR ) from the Hidden Secret deposit at Higginsville covered by the Dry Creek royalty, inaugural royalty revenues earned from the Janet Ivy royalty, and increased production by the operator of the Brauna royalty. Vox has successfully grown quarterly revenue figures exponentially since Q3 2020, which is summarized in the below chart: Three months ended June 30, 2021 Royalty revenue (C$) == $1,628,600 Royalty revenue (US$) == $1,314,000 Royalty revenue % growth == 143% # of producing assets == 4 Kyle Floyd, Chief Executive Officer stated: “This is the continuation of an exciting period in Vox’s growth as revenue and profitability metrics start to reflect the true earnings power of the Vox royalty portfolio. We have consistently updated the market with operator updates concerning our royalty assets and noted that our portfolio continues to grow ahead of expectations. The coming quarters and years should continue to reflect a robust increase in revenues from both in production assets and development stage projects we expect to come online.”