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High materiality8/10

Vox Royalty Reports Record H1 2026 Results, Maintains Guidance, Declares Dividend

Aug 12, 2026, 5:10 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong Q2/Q1H results, record cash, portfolio revaluations, and dividend support point to near-term upside; non-GAAP measures require caution, but divestitures and asset-life extensions add optionality and upside to NAV.

AI summary

What happened, with direct paths to the underlying reporting

Vox Royalty posted strong Q2 2026 results with a record first half, boosted by $11m portfolio revaluations and operational cash flow. The company reiterated 2026 guidance of $32–$37m in royalty and net precious metal receipts and declared a quarterly dividend of $0.015 per share. Strategic divestitures and portfolio developments underpin higher intrinsic value.

Q2 2026 net income $17.0m; 1H $41.5m; includes $11m revaluation.
Cash $31.1m; undrawn credit facility $40m.
Federation royalty and i-80 divested; gross margins 14x and 2x.
Q2 ounces delivered 54,999; 1H 132,292; avg. net income per ounce $83.26 (Q2).
Dividend declared $0.015 per share; record Sept 30; payout Oct 14, 2026.

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