Raymond James Financial Inc. Buys Shares of 109,748 Vizsla Silver Corp. (NYSE:VZLA)

Raymond James Financial Inc. purchased a new stake in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 109,748 shares of the company's stock, valued at approximately $188,000.

A number of other large investors also recently bought and sold shares of the business. Amundi bought a new position in Vizsla Silver in the 4th quarter worth about $1,710,000. Van ECK Associates Corp raised its holdings in Vizsla Silver by 17.7% in the fourth quarter. Van ECK Associates Corp now owns 11,356,191 shares of the company's stock worth $19,185,000 after buying an additional 1,706,330 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Vizsla Silver in the third quarter worth about $230,000. Heck Capital Advisors LLC purchased a new position in Vizsla Silver in the fourth quarter worth about $36,000. Finally, Quantbot Technologies LP raised its holdings in Vizsla Silver by 19.1% in the fourth quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock worth $97,000 after buying an additional 9,102 shares during the last quarter. 22.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VZLA has been the subject of several recent analyst reports. BMO Capital Markets assumed coverage on shares of Vizsla Silver in a report 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 report on Friday, April 4th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $3.83.

Vizsla Silver Price Performance

Shares of VZLA traded up $0.14 during trading hours on Thursday, hitting $2.39. The stock had a trading volume of 5,565,883 shares, compared to its average volume of 1,668,799. The firm has a market capitalization of $702.20 million, a PE ratio of -239.00 and a beta of 0.76. Vizsla Silver Corp. has a 12 month low of $1.59 and a 12 month high of $2.47. The stock has a fifty day moving average price of $2.19 and a 200 day moving average price of $2.03.

Vizsla Silver Company 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.