Vizsla Silver Corp. $VZLA Shares Purchased by Waratah Capital Advisors Ltd.

Key Points

• Waratah Capital Advisors increased its position in Vizsla Silver by 26% in Q3, buying 1,353,578 shares to hold 6,554,415 shares (about 1.90% of the company) valued at roughly $28.3 million.
• Vizsla Silver trades near $3.90 (1‑year range $1.69–$7.19) with a market cap of $1.36 billion, and analysts have a consensus Moderate Buy rating with an average target price of $7.00.
• Other institutions also boosted stakes — notably Millennium Management raised its holding by 1,165% to 2.93 million shares — and institutional investors own about 22.46% of the company.

Waratah Capital Advisors Ltd. grew its position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Free Report) by 26.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,554,415 shares of the company's stock after purchasing an additional 1,353,578 shares during the period. Vizsla Silver accounts for about 0.5% of Waratah Capital Advisors Ltd.'s investment portfolio, making the stock its 20th largest position. Waratah Capital Advisors Ltd. owned about 1.90% of Vizsla Silver worth $28,315,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VZLA. Millennium Management LLC increased its stake in 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. D.A. Davidson & CO. increased its stake in shares of Vizsla Silver by 115.0% during the 2nd quarter. D.A. Davidson & CO. now owns 215,000 shares of the company's stock valued at $632,000 after acquiring an additional 115,000 shares during the last quarter. Regal Partners Ltd acquired a new position in shares of Vizsla Silver during the 2nd quarter valued at about $2,264,000. K.J. Harrison & Partners Inc purchased a new position in shares of Vizsla Silver during the 2nd quarter worth about $2,460,000. Finally, Bastion Asset Management Inc. acquired a new stake in shares of Vizsla Silver in the second quarter worth approximately $1,982,000. Institutional investors and hedge funds own 22.46% of the company's stock.

Vizsla Silver Price Performance

Shares of NYSEAMERICAN VZLA opened at $3.90 on Wednesday. Vizsla Silver Corp. has a 1-year low of $1.69 and a 1-year high of $7.19. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of -97.50 and a beta of 0.93. The business has a 50-day moving average of $5.27 and a 200-day moving average of $4.58.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on VZLA shares. National Bank Financial lowered shares of Vizsla Silver from an "outperform" rating to a "sector perform" rating in a research report on Tuesday, February 10th. Cantor Fitzgerald started coverage on Vizsla Silver in a research report on Monday, December 22nd. They issued a "buy" rating and a $7.00 target price on the stock. Roth Mkm lifted their target price on Vizsla Silver from $6.00 to $7.00 and gave the company a "buy" rating in a report on Thursday, November 13th. Finally, Raymond James Financial restated an "outperform" rating on shares of Vizsla Silver in a research note on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $7.00.

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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