Privium Fund Management B.V. Buys Shares of 116,521 Vizsla Silver Corp. (NYSE:VZLA)

Privium Fund Management B.V. purchased a new position in shares of Vizsla Silver Corp. (NYSE:VZLA) in the 3rd quarter, HoldingsChannel reports. The firm purchased 116,521 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oxbow Advisors LLC raised its stake in Vizsla Silver by 39.5% during the third quarter. Oxbow Advisors LLC now owns 86,120 shares of the company’s stock worth $165,000 after buying an additional 24,390 shares during the last quarter. Virtu Financial LLC acquired a new stake in Vizsla Silver during the 1st quarter worth about $46,000. DNB Asset Management AS acquired a new stake in Vizsla Silver during the 2nd quarter worth about $72,000. Corundum Trust Company INC bought a new position in shares of Vizsla Silver in the 2nd quarter worth about $108,000. Finally, HTLF Bank acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at about $132,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Price Performance

VZLA stock opened at $1.96 on Friday. The company’s 50-day moving average is $2.02 and its 200-day moving average is $1.85. The stock has a market capitalization of $546.35 million, a PE ratio of -98.00 and a beta of 0.95. Vizsla Silver Corp. has a 1 year low of $0.96 and a 1 year high of $2.39.

Vizsla Silver (NYSE:VZLA) last posted its quarterly earnings results on Thursday, September 12th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). On average, analysts anticipate that Vizsla Silver Corp. will post -0.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VZLA has been the subject of several recent analyst reports. CIBC raised their target price on Vizsla Silver from $3.50 to $4.50 and gave the stock an “outperformer” rating in a research note on Monday, July 29th. HC Wainwright raised their price objective on shares of Vizsla Silver from $3.50 to $3.75 and gave the stock a “buy” rating in a research report on Thursday, July 25th.

Vizsla Silver Company Profile

Vizsla Silver Corp. engages in the exploration, and development of precious and base metal assets. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco Project covering an area of 7,189.5 hectares located in located in southern Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.