Vizsla Silver Corp. (NYSE:VZLA) Given Consensus Recommendation of “Buy” by Brokerages

Vizsla Silver Corp. (NYSE:VZLA) has been given an average rating of “Buy” by the five analysts that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $4.06.

Several equities research analysts have weighed in on VZLA shares. Roth Mkm boosted their price objective on Vizsla Silver from $3.00 to $3.25 and gave the stock a “buy” rating in a research note on Friday, January 10th. National Bank Financial began coverage on Vizsla Silver in a research note on Thursday, December 19th. They set an “outperform” rating on the stock. Finally, BMO Capital Markets began coverage on Vizsla Silver in a research note on Friday, January 24th. They set an “outperform” rating on the stock.

Vizsla Silver Price Performance

Shares of NYSE VZLA opened at $2.38 on Friday. The business’s 50 day moving average is $2.09 and its two-hundred day moving average is $1.98. Vizsla Silver has a 1-year low of $1.19 and a 1-year high of $2.47. The stock has a market capitalization of $682.15 million, a P/E ratio of -238.00 and a beta of 0.92.

Institutional Trading of Vizsla Silver

A number of large investors have recently modified their holdings of the company. Quantbot Technologies LP boosted its holdings in shares of Vizsla Silver by 19.1% in the fourth quarter. Quantbot Technologies LP now owns 56,819 shares of the company’s stock valued at $97,000 after purchasing an additional 9,102 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in Vizsla Silver by 29.0% during the third quarter. Integrated Wealth Concepts LLC now owns 52,117 shares of the company’s stock worth $100,000 after buying an additional 11,728 shares during the period. Accredited Investors Inc. purchased a new stake in Vizsla Silver during the third quarter worth $30,000. Tidal Investments LLC purchased a new stake in Vizsla Silver during the third quarter worth $38,000. Finally, Sanctuary Advisors LLC purchased a new stake in Vizsla Silver during the third quarter worth $37,000. Hedge funds and other institutional investors own 22.46% of the company’s stock.

About Vizsla Silver

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.