Mackenzie Financial Corp Grows Holdings in Vizsla Silver Corp. (NYSE:VZLA)

Mackenzie Financial Corp lifted its stake in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 83.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 2.60% of Vizsla Silver worth $17,482,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VZLA. TD Asset Management Inc acquired a new stake in Vizsla Silver during the 1st quarter worth approximately $697,000. Ninepoint Partners LP acquired a new stake in Vizsla Silver during the 1st quarter worth approximately $2,653,000. Accredited Investors Inc. acquired a new stake in Vizsla Silver during the 1st quarter worth approximately $35,000. Alps Advisors Inc. grew its position in Vizsla Silver by 954.6% in the first quarter. Alps Advisors Inc. now owns 969,071 shares of the company's stock valued at $2,200,000 after acquiring an additional 877,177 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in Vizsla Silver in the first quarter valued at approximately $227,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

Vizsla Silver Trading Down 1.4%

NYSE:VZLA traded down $0.04 during trading hours on Friday, hitting $2.90. The stock 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 business has a 50 day simple moving average of $3.16 and a two-hundred day simple moving average of $2.51. The company has a market cap of $989.23 million, a PE ratio of -290.00 and a beta of 0.92.

Analysts Set New Price Targets

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

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.