Raymond James Financial Inc. Makes New Investment in Vizsla Silver Corp. (NYSE:VZLA)

Raymond James Financial Inc. bought a new stake in Vizsla Silver Corp. (NYSE:VZLA - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 109,748 shares of the company's stock, valued at approximately $188,000.

Several other institutional investors also recently bought and sold shares of VZLA. Heck Capital Advisors LLC acquired a new position in shares of Vizsla Silver in the fourth quarter valued at approximately $36,000. Tidal Investments LLC purchased a new stake in shares of Vizsla Silver in the third quarter valued at $38,000. Quantbot Technologies LP lifted its position in shares of Vizsla Silver by 19.1% in the fourth quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock valued at $97,000 after acquiring an additional 9,102 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Vizsla Silver in the third quarter valued at $230,000. Finally, Diametric Capital LP lifted its position in Vizsla Silver by 35.3% during the fourth quarter. Diametric Capital LP now owns 163,091 shares of the company's stock worth $275,000 after buying an additional 42,586 shares during the period. 22.46% of the stock is owned by institutional investors and hedge funds.

Vizsla Silver Price Performance

Vizsla Silver stock traded up $0.05 during trading hours on Friday, hitting $2.44. The company had a trading volume of 22,694,323 shares, compared to its average volume of 1,723,112. The firm's fifty day moving average is $2.19 and its 200-day moving average is $2.03. Vizsla Silver Corp. has a fifty-two week low of $1.59 and a fifty-two week high of $2.50. The firm has a market capitalization of $716.89 million, a P/E ratio of -244.00 and a beta of 0.76.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. BMO Capital Markets started coverage on shares of Vizsla Silver in a research note on Friday, January 24th. They set an "outperform" rating for the company. Raymond James reaffirmed an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average price target of $3.83.

About Vizsla Silver

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.