Vizsla Silver Corp. (NYSE:VZLA) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company decreased its position in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 827,922 shares of the company's stock after selling 172,078 shares during the quarter. The Manufacturers Life Insurance Company owned 0.30% of Vizsla Silver worth $1,401,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amundi purchased a new stake in shares of Vizsla Silver during the fourth quarter worth $1,710,000. Van ECK Associates Corp increased its position in shares of Vizsla Silver by 17.7% during the fourth quarter. Van ECK Associates Corp now owns 11,356,191 shares of the company's stock worth $19,185,000 after acquiring an additional 1,706,330 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Vizsla Silver during the third quarter worth $230,000. Heck Capital Advisors LLC purchased a new stake in shares of Vizsla Silver during the fourth quarter worth $36,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vizsla Silver during the fourth quarter worth $188,000. Hedge funds and other institutional investors own 22.46% of the company's stock.

Vizsla Silver Trading Up 2.1%

Shares of VZLA stock traded up $0.05 on Friday, reaching $2.44. 22,694,323 shares of the stock were exchanged, compared to its average volume of 1,723,112. The business's 50 day moving average price is $2.19 and its 200 day moving average price is $2.03. The company has a market capitalization of $716.89 million, a price-to-earnings ratio of -244.00 and a beta of 0.76. Vizsla Silver Corp. has a twelve month low of $1.59 and a twelve month high of $2.50.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Raymond James reaffirmed an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. BMO Capital Markets assumed coverage on Vizsla Silver in a research report on Friday, January 24th. They set an "outperform" rating on the stock. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $3.83.

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.