Renaissance Technologies LLC Acquires 790,161 Shares of Vizsla Silver Corp. (NYSE:VZLA)

Renaissance Technologies LLC lifted its holdings in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 282.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,070,061 shares of the company's stock after acquiring an additional 790,161 shares during the quarter. Renaissance Technologies LLC owned approximately 0.38% of Vizsla Silver worth $1,830,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Heck Capital Advisors LLC bought a new position in shares of Vizsla Silver in the fourth quarter worth about $36,000. Sanctuary Advisors LLC acquired a new stake in shares of Vizsla Silver in the third quarter valued at approximately $37,000. Tidal Investments LLC bought a new position in Vizsla Silver in the 3rd quarter worth approximately $38,000. Virtu Financial LLC acquired a new position in Vizsla Silver during the 3rd quarter worth $81,000. Finally, Quantbot Technologies LP boosted its position in Vizsla Silver by 19.1% in the 4th quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock valued at $97,000 after buying an additional 9,102 shares during the last quarter. 22.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VZLA has been the subject of a number of recent research reports. Roth Mkm boosted their target price on Vizsla Silver from $3.00 to $3.25 and gave the stock a "buy" rating in a research report on Friday, January 10th. Raymond James restated an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. Finally, BMO Capital Markets assumed coverage on shares of Vizsla Silver in a research report on Friday, January 24th. They set an "outperform" rating for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $3.83.

Vizsla Silver Stock Performance

NYSE:VZLA traded up $0.07 during mid-day trading on Friday, hitting $2.11. The company had a trading volume of 980,344 shares, compared to its average volume of 1,596,647. The firm has a market cap of $618.47 million, a P/E ratio of -211.50 and a beta of 0.75. Vizsla Silver Corp. has a fifty-two week low of $1.30 and a fifty-two week high of $2.47. The business's fifty day moving average is $2.12 and its two-hundred day moving average is $2.02.

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.