TD Asset Management Inc Takes $697,000 Position in Vizsla Silver Corp. (NYSE:VZLA)

Key Points

• TD Asset Management Inc has acquired a new stake in Vizsla Silver Corp, purchasing 304,932 shares valued at approximately $697,000.
• Institutional investors currently own 22.46% of Vizsla Silver's stock, with several others also recently establishing new positions in the company.
• Vizsla Silver has been upgraded to a "strong-buy" rating by National Bank Financial, indicating positive analyst sentiment towards the stock.

TD Asset Management Inc purchased a new stake in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 304,932 shares of the company's stock, valued at approximately $697,000. TD Asset Management Inc owned 0.10% of Vizsla Silver as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

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

Vizsla Silver Price Performance

Shares of Vizsla Silver stock opened at $3.02 on Tuesday. 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 moving average of $3.17 and a two-hundred day moving average of $2.52. The company has a market capitalization of $1.03 billion, a P/E ratio of -302.00 and a beta of 0.92.

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.

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