Vizsla Silver Corp. $VZLA Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Vizsla Silver Corp. by 11.8%, owning over 6 million shares valued at approximately $13.8 million.
• The stock has been rated positively by various analysts, with a consensus rating of "Buy" and an average price target of $3.25.
• As of recent trading, Vizsla Silver's share price is $3.88, reflecting a gain of 3.5% for the day, with a market capitalization of $1.33 billion.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 11.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,053,156 shares of the company's stock after buying an additional 638,184 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 2.06% of Vizsla Silver worth $13,837,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sprott Inc. boosted its holdings in Vizsla Silver by 3.9% during the first quarter. Sprott Inc. now owns 23,703,712 shares of the company's stock worth $54,084,000 after buying an additional 898,246 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Vizsla Silver by 83.7% in the first quarter. Mackenzie Financial Corp now owns 7,647,130 shares of the company's stock valued at $17,482,000 after purchasing an additional 3,484,743 shares in the last quarter. Jupiter Asset Management Ltd. lifted its holdings in shares of Vizsla Silver by 37.7% in the first quarter. Jupiter Asset Management Ltd. now owns 7,468,218 shares of the company's stock valued at $17,072,000 after purchasing an additional 2,043,880 shares in the last quarter. Amundi lifted its holdings in shares of Vizsla Silver by 125.0% in the first quarter. Amundi now owns 2,250,000 shares of the company's stock valued at $4,838,000 after purchasing an additional 1,250,000 shares in the last quarter. Finally, Bank of America Corp DE lifted 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 valued at $3,436,000 after purchasing an additional 733,054 shares in the last quarter. Hedge funds and other institutional investors own 22.46% of the company's stock.

Vizsla Silver Stock Down 0.8%

Shares of VZLA traded down $0.03 on Friday, hitting $3.85. 3,206,118 shares of the stock traded hands, compared to its average volume of 3,042,375. The firm has a market capitalization of $1.32 billion, a P/E ratio of -385.00 and a beta of 0.94. The stock's 50 day moving average is $3.37 and its two-hundred day moving average is $2.81. Vizsla Silver Corp. has a 1 year low of $1.67 and a 1 year high of $4.00.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. National Bank Financial raised shares of Vizsla Silver to a "strong-buy" rating in a report on Thursday, June 26th. Roth Capital reaffirmed a "buy" rating on shares of Vizsla Silver in a report on Monday, September 8th. Finally, Zacks Research downgraded shares of Vizsla Silver from a "strong-buy" rating to a "hold" rating in a report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $3.25.

Vizsla Silver 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.