Millennium Management LLC Purchases 132,842 Shares of Vizsla Silver Corp. (NYSE:VZLA)

Millennium Management LLC lifted its holdings in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 134.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 231,844 shares of the company's stock after purchasing an additional 132,842 shares during the quarter. Millennium Management LLC owned 0.08% of Vizsla Silver worth $396,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Vizsla Silver by 5.5% during 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. Cubist Systematic Strategies LLC purchased a new stake in Vizsla Silver during the fourth quarter valued at about $99,000. Bank of America Corp DE boosted its holdings in shares of Vizsla Silver by 57.4% in the fourth quarter. Bank of America Corp DE now owns 2,009,190 shares of the company's stock worth $3,436,000 after buying an additional 733,054 shares during the period. Raffles Associates LP increased its position in shares of Vizsla Silver by 1.5% in the fourth quarter. Raffles Associates LP now owns 1,719,010 shares of the company's stock worth $2,940,000 after acquiring an additional 25,000 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Vizsla Silver by 404.1% during the fourth quarter. Marshall Wace LLP now owns 1,169,891 shares of the company's stock valued at $2,001,000 after acquiring an additional 937,807 shares during the period. 22.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Raymond James reiterated an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vizsla Silver currently has an average rating of "Buy" and an average price target of $3.83.

Vizsla Silver Stock Performance

VZLA traded down $0.03 during trading on Friday, reaching $3.47. 2,183,252 shares of the company's stock were exchanged, compared to its average volume of 2,528,095. The company's fifty day moving average price is $2.50 and its 200-day moving average price is $2.18. The firm has a market capitalization of $1.03 billion, a PE ratio of -347.00 and a beta of 0.94. Vizsla Silver Corp. has a fifty-two week low of $1.62 and a fifty-two week high of $3.66.

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.