Alps Advisors Inc. grew its stake in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 954.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 969,071 shares of the company's stock after acquiring an additional 877,177 shares during the quarter. Alps Advisors Inc. owned about 0.33% of Vizsla Silver worth $2,200,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new stake in shares of Vizsla Silver during the 4th quarter valued at about $36,000. Two Sigma Advisers LP purchased a new stake in shares of Vizsla Silver during the 4th quarter valued at about $55,000. Quantbot Technologies LP boosted 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 valued at $97,000 after acquiring an additional 9,102 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Vizsla Silver during the 4th quarter valued at about $99,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vizsla Silver during the 4th quarter valued at about $188,000. Hedge funds and other institutional investors own 22.46% of the company's stock.
Vizsla Silver Price Performance
Shares of VZLA traded down $0.06 on Wednesday, reaching $3.22. The company's stock had a trading volume of 2,223,707 shares, compared to its average volume of 2,166,942. The stock has a market capitalization of $1.08 billion, a P/E ratio of -322.00 and a beta of 0.92. The stock's 50 day simple moving average is $2.97 and its two-hundred day simple moving average is $2.39. Vizsla Silver Corp. has a 12-month low of $1.67 and a 12-month high of $3.66.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on VZLA shares. National Bank Financial raised shares of Vizsla Silver to a "strong-buy" rating in a report on Thursday, June 26th. Raymond James Financial reaffirmed an "outperform" rating on shares of Vizsla Silver in a report on Friday, April 4th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Vizsla Silver has a consensus rating of "Buy" and an average price target of $3.83.
Check Out Our Latest Report on VZLA
Vizsla Silver Company Profile
(
Free Report)
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.
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