Royal Bank of Canada Has $12.84 Million Stock Holdings in Vizsla Silver Corp. $VZLA

Key Points

• Royal Bank of Canada increased its Vizsla Silver stake by 38.4% in the first quarter, adding 1.08 million shares to own 3.89 million shares valued at approximately $12.84 million, or 1.11% of the company.
• Other institutional investors also increased exposure, including Millennium Management, which expanded its position by 1,165%, and Amundi, which raised its holdings by 44.4%; institutions collectively own 22.46% of VZLA.
• Vizsla Silver shares rose 5.9%, opening at $3.74, while the company advances its high-grade Panuco silver project in Mexico. The stock has traded between $2.88 and $7.19 over the past year.

Royal Bank of Canada boosted its stake in Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Free Report) by 38.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,890,559 shares of the company's stock after buying an additional 1,078,721 shares during the period. Royal Bank of Canada owned approximately 1.11% of Vizsla Silver worth $12,839,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of VZLA. Millennium Management LLC grew its position in shares of Vizsla Silver by 1,165.0% in the first quarter. Millennium Management LLC now owns 2,932,731 shares of the company's stock valued at $6,666,000 after purchasing an additional 2,700,887 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Vizsla Silver by 95.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 104,711 shares of the company's stock worth $308,000 after purchasing an additional 51,126 shares during the last quarter. Quantbot Technologies LP bought a new stake in Vizsla Silver in the 2nd quarter valued at $342,000. Walleye Capital LLC acquired a new position in Vizsla Silver in the 2nd quarter valued at $650,000. Finally, Amundi grew its holdings in Vizsla Silver by 44.4% in the 2nd quarter. Amundi now owns 3,250,000 shares of the company's stock valued at $9,685,000 after buying an additional 1,000,000 shares in the last quarter. 22.46% of the stock is owned by institutional investors.

Vizsla Silver Stock Up 5.9%

VZLA stock opened at $3.74 on Friday. Vizsla Silver Corp. has a fifty-two week low of $2.88 and a fifty-two week high of $7.19. The company has a debt-to-equity ratio of 0.55, a current ratio of 32.32 and a quick ratio of 32.32. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of -34.00 and a beta of 1.07. The business's fifty day moving average price is $3.37 and its two-hundred day moving average price is $3.74.

Vizsla Silver Profile

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.

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