MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Boosts Stake in Vizsla Silver Corp. (NYSE:VZLA)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,414,972 shares of the company's stock after purchasing an additional 283,052 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 1.89% of Vizsla Silver worth $9,149,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VZLA. JPMorgan Chase & Co. bought a new stake in Vizsla Silver during the third quarter worth about $230,000. Heck Capital Advisors LLC bought a new stake in shares of Vizsla Silver in the 4th quarter valued at about $36,000. Van ECK Associates Corp lifted its stake in shares of Vizsla Silver by 17.7% in the 4th quarter. Van ECK Associates Corp now owns 11,356,191 shares of the company's stock valued at $19,185,000 after acquiring an additional 1,706,330 shares during the last quarter. Sprott Inc. lifted its stake in shares of Vizsla Silver by 17.4% in the 4th quarter. Sprott Inc. now owns 22,805,466 shares of the company's stock valued at $38,670,000 after acquiring an additional 3,384,837 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Vizsla Silver in the 4th quarter valued at about $188,000. Institutional investors own 22.46% of the company's stock.

Analyst Upgrades and Downgrades

VZLA has been the subject of a number of recent research reports. BMO Capital Markets initiated coverage on Vizsla Silver in a research note on Friday, January 24th. They issued an "outperform" rating for the company. Raymond James reissued an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $3.83.

Vizsla Silver Stock Up 0.9%

Shares of NYSE VZLA traded up $0.03 during midday trading on Thursday, reaching $2.70. The company had a trading volume of 699,950 shares, compared to its average volume of 1,728,360. Vizsla Silver Corp. has a one year low of $1.59 and a one year high of $2.72. The firm's fifty day moving average price is $2.21 and its 200-day moving average price is $2.04. The stock has a market cap of $791.81 million, a PE ratio of -269.50 and a beta of 0.76.

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.