Vox Royalty Secures Stake in Stockman Project with New Royalty Deal, Faces Valuation Concerns

Vox Royalty Corp. has acquired a 1.5% Net Smelter Return royalty on the Stockman project in Australia, a copper-gold-zinc-silver mine in its feasibility stage. The deal involves a A$5 million upfront payment and an additional A$10 million contingent on production milestones. Vox's financial metrics show a strong gross margin but challenges in net profitability and free cash flow. Valuation metrics suggest the stock is trading near historical highs, with a significant P/S ratio indicating potential overvaluation.