D.A. Davidson & CO. Acquires New Holdings in Vizsla Silver Corp. (NYSE:VZLA)

D.A. Davidson & CO. acquired a new stake in Vizsla Silver Corp. (NYSE:VZLA - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,000 shares of the company's stock, valued at approximately $227,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in Vizsla Silver in the 4th quarter valued at $36,000. Two Sigma Advisers LP purchased a new position in shares of Vizsla Silver during the 4th quarter worth $55,000. Quantbot Technologies LP raised its holdings in shares of Vizsla Silver by 19.1% during the 4th quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock worth $97,000 after acquiring an additional 9,102 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Vizsla Silver during the 4th quarter worth $99,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Vizsla Silver during the 4th quarter worth $188,000. Hedge funds and other institutional investors own 22.46% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on VZLA. Raymond James Financial reiterated an "outperform" rating on shares of Vizsla Silver in a report on Friday, April 4th. National Bank Financial upgraded Vizsla Silver to a "strong-buy" rating in a report on Thursday, June 26th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $3.83.

Vizsla Silver Trading Up 0.6%

VZLA traded up $0.02 on Tuesday, hitting $3.28. The company had a trading volume of 4,087,891 shares, compared to its average volume of 2,165,199. The firm has a market cap of $1.10 billion, a P/E ratio of -328.00 and a beta of 0.92. Vizsla Silver Corp. has a 1 year low of $1.67 and a 1 year high of $3.66. The company's fifty day moving average price is $2.92 and its 200 day moving average price is $2.38.

Vizsla Silver 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.