Van ECK Associates Corp Boosts Stock Position in Vizsla Silver Corp. $VZLA

Key Points

• VanEck Associates boosted its stake in Vizsla Silver by 41.7% in Q3, buying 4,001,170 additional shares to hold 13,587,661 shares (3.93% ownership) worth about $58.7 million.
• Analyst consensus is a Moderate Buy with an average price target of $7.00; three analysts rate the stock a Buy and three rate it a Hold.
• VZLA recently traded at $4.14, has a 52‑week range of $1.69–$7.19, a market cap of $1.45 billion and a negative P/E (~‑103.5), indicating it is currently unprofitable.

Van ECK Associates Corp increased its stake in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Free Report) by 41.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,587,661 shares of the company's stock after purchasing an additional 4,001,170 shares during the quarter. Van ECK Associates Corp owned 3.93% of Vizsla Silver worth $58,698,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VZLA. Bogart Wealth LLC acquired a new position in shares of Vizsla Silver during the 3rd quarter worth about $26,000. Hohimer Wealth Management LLC acquired a new position in Vizsla Silver in the third quarter valued at $47,000. Wealth Enhancement Advisory Services LLC acquired a new position in Vizsla Silver in the 3rd quarter valued at about $50,000. TD Waterhouse Canada Inc. purchased a new stake in shares of Vizsla Silver during the third quarter worth approximately $55,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Vizsla Silver during the 3rd quarter worth $54,000. Hedge funds and other institutional investors own 22.46% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VZLA. Cantor Fitzgerald started coverage on Vizsla Silver in a report on Monday, December 22nd. They issued a "buy" rating and a $7.00 price target for the company. Roth Mkm increased their price target on shares of Vizsla Silver from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday, November 13th. Canadian Imperial Bank of Commerce cut shares of Vizsla Silver from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 5th. National Bank Financial downgraded Vizsla Silver from an "outperform" rating to a "sector perform" rating in a research report on Tuesday, February 10th. Finally, Raymond James Financial reaffirmed an "outperform" rating on shares of Vizsla Silver in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Vizsla Silver has an average rating of "Moderate Buy" and an average target price of $7.00.

Vizsla Silver Stock Up 3.8%

VZLA opened at $4.14 on Wednesday. Vizsla Silver Corp. has a 52-week low of $1.69 and a 52-week high of $7.19. The company has a 50 day moving average of $4.99 and a two-hundred day moving average of $4.64. The company has a market cap of $1.45 billion, a P/E ratio of -103.50 and a beta of 0.96.

About Vizsla Silver

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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