Vizsla Silver Corp. (NYSE:VZLA) Shares Acquired by Mackenzie Financial Corp

Mackenzie Financial Corp increased its position in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 83.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,647,130 shares of the company's stock after acquiring an additional 3,484,743 shares during the period. Mackenzie Financial Corp owned approximately 2.60% of Vizsla Silver worth $17,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver during the first quarter worth about $35,000. Heck Capital Advisors LLC purchased a new position in Vizsla Silver in the 4th quarter valued at about $36,000. Two Sigma Advisers LP acquired a new stake in Vizsla Silver in the 4th quarter worth about $55,000. Cubist Systematic Strategies LLC purchased a new stake in Vizsla Silver during the 4th quarter worth approximately $99,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Vizsla Silver during the fourth quarter valued at approximately $188,000. Institutional investors and hedge funds own 22.46% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Raymond James Financial reaffirmed an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. National Bank Financial raised shares of Vizsla Silver to a "strong-buy" rating in a research note on Thursday, June 26th.

Vizsla Silver Stock Performance

Shares of VZLA traded down $0.04 during midday trading on Friday, hitting $2.90. The company had a trading volume of 2,263,053 shares, compared to its average volume of 2,969,297. Vizsla Silver Corp. has a 1 year low of $1.67 and a 1 year high of $3.66. The company's 50-day simple moving average is $3.16 and its 200-day simple moving average is $2.51. The firm has a market capitalization of $989.23 million, a P/E ratio of -290.00 and a beta of 0.92.

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.