Jupiter Asset Management Ltd. Has $17.07 Million Stock Holdings in Vizsla Silver Corp. (NYSE:VZLA)

Key Points

• Jupiter Asset Management Ltd. increased its holdings in Vizsla Silver Corp. by 37.7% in Q1, having acquired an additional 2,043,880 shares, bringing its total to 7,468,218 shares.
• Several other institutional investors have also taken positions in Vizsla Silver, with new stakes from companies like Accredited Investors Inc. and Raymond James Financial Inc.
• National Bank Financial upgraded Vizsla Silver to a "strong-buy" rating, indicating positive investor sentiment towards the company's future prospects.

Jupiter Asset Management Ltd. grew its position in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 37.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,468,218 shares of the company's stock after purchasing an additional 2,043,880 shares during the quarter. Jupiter Asset Management Ltd. owned about 2.54% of Vizsla Silver worth $17,072,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Mackenzie Financial Corp lifted its stake in shares of Vizsla Silver by 83.7% in the 1st quarter. Mackenzie Financial Corp now owns 7,647,130 shares of the company's stock valued at $17,482,000 after acquiring an additional 3,484,743 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Vizsla Silver by 5.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,414,972 shares of the company's stock valued at $9,149,000 after acquiring an additional 283,052 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vizsla Silver by 57.4% in the 4th quarter. Bank of America Corp DE now owns 2,009,190 shares of the company's stock valued at $3,436,000 after acquiring an additional 733,054 shares during the last quarter. Raffles Associates LP raised its position in Vizsla Silver by 1.5% during the 4th quarter. Raffles Associates LP now owns 1,719,010 shares of the company's stock worth $2,940,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Marshall Wace LLP raised its position in Vizsla Silver by 404.1% during the 4th quarter. Marshall Wace LLP now owns 1,169,891 shares of the company's stock worth $2,001,000 after purchasing an additional 937,807 shares during the last quarter. Institutional investors and hedge funds own 22.46% of the company's stock.

Analyst Ratings Changes

Separately, National Bank Financial raised Vizsla Silver to a "strong-buy" rating in a research report on Thursday, June 26th.

Vizsla Silver Trading Down 0.2%

NYSE:VZLA traded down $0.01 during trading hours on Wednesday, hitting $3.18. 511,960 shares of the company were exchanged, compared to its average volume of 2,947,785. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of -318.50 and a beta of 0.92. Vizsla Silver Corp. has a one year low of $1.67 and a one year high of $3.66. The company has a fifty day simple moving average of $3.17 and a 200 day simple moving average of $2.53.

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.