The Globe and Mail reports in its Friday, Nov. 17, edition that BMO Capital Markets analyst Rene Cartier rates Vox Royalty "outperform" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cartier set a share target of $3 (U.S.). Analysts on average target the shares at $5.25 (U.S.). Mr. Cartier says in a note: "Although the portfolio is concentrated in the development and exploration phase of the mine-maturity life cycle, Vox is generating strong cash flow, and operating on a self-sustaining basis. ... Given Vox's growth track record, intellectual property, and portfolio, we could see the company as a potential tuck-in acquisition candidate."