Vizsla Silver Corp. (NYSEAMERICAN:VZLA) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts have given Vizsla Silver a consensus rating of "Moderate Buy" from six brokerages (three buy, three hold), with an average 1-year price target of $7.00.
• Shares opened at $4.00, trade in a 12-month range of $1.69–$7.19, and the company has a market capitalization of about $1.40 billion with institutional ownership near 22.5%.
• Vizsla Silver is focused on high-grade silver exploration in Mexico, primarily the flagship Panuco Project, where ongoing drilling has reported consistent high-grade silver intercepts.

Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Get Free Report) has received a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $7.00.

A number of research firms recently weighed in on VZLA. Canadian Imperial Bank of Commerce downgraded shares of Vizsla Silver from a "strong-buy" rating to a "hold" rating in a research report on Thursday. National Bank Financial lowered Vizsla Silver from an "outperform" rating to a "sector perform" rating in a report on Tuesday, February 10th. Raymond James Financial reaffirmed an "outperform" rating on shares of Vizsla Silver in a research report on Wednesday, January 14th. Cantor Fitzgerald started coverage on Vizsla Silver in a report on Monday, December 22nd. They set a "buy" rating and a $7.00 price target on the stock. Finally, Roth Mkm upped their price target on Vizsla Silver from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday, November 13th.

Institutional Investors Weigh In On Vizsla Silver

A number of large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in shares of Vizsla Silver by 10.1% in the third quarter. Ameriprise Financial Inc. now owns 26,310 shares of the company's stock worth $114,000 after acquiring an additional 2,410 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in Vizsla Silver by 20.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 14,681 shares of the company's stock valued at $80,000 after purchasing an additional 2,498 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Vizsla Silver by 2.3% in the 3rd quarter. D.A. Davidson & CO. now owns 220,000 shares of the company's stock valued at $950,000 after purchasing an additional 5,000 shares during the period. Bogart Wealth LLC bought a new stake in Vizsla Silver in the 3rd quarter valued at $26,000. Finally, Pale Fire Capital SE grew its position in Vizsla Silver by 25.6% in the 2nd quarter. Pale Fire Capital SE now owns 38,800 shares of the company's stock worth $114,000 after purchasing an additional 7,900 shares during the last quarter. 22.46% of the stock is currently owned by institutional investors.

Vizsla Silver Price Performance

Shares of VZLA stock opened at $4.00 on Friday. Vizsla Silver has a 12-month low of $1.69 and a 12-month high of $7.19. The business has a 50 day simple moving average of $5.05 and a 200 day simple moving average of $4.61. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -100.00 and a beta of 0.96.

Vizsla Silver Company Profile

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.

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