Vizsla Silver Corp. (NYSE:VZLA) Receives $3.83 Average Price Target from Analysts

Shares of Vizsla Silver Corp. (NYSE:VZLA - Get Free Report) have received a consensus rating of "Buy" from the five ratings firms that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $3.83.

Several brokerages recently weighed in on VZLA. BMO Capital Markets began coverage on Vizsla Silver in a research report on Friday, January 24th. They issued an "outperform" rating on the stock. Raymond James reaffirmed an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. Finally, Roth Mkm increased their target price on shares of Vizsla Silver from $3.00 to $3.25 and gave the stock a "buy" rating in a research report on Friday, January 10th.

Institutional Trading of Vizsla Silver

Institutional investors have recently made changes to their positions in the stock. Sprott Inc. increased its position in Vizsla Silver by 17.4% during the fourth quarter. Sprott Inc. now owns 22,805,466 shares of the company's stock worth $38,670,000 after buying an additional 3,384,837 shares during the last quarter. Van ECK Associates Corp grew its holdings in Vizsla Silver by 17.7% in the 4th quarter. Van ECK Associates Corp now owns 11,356,191 shares of the company's stock valued at $19,185,000 after buying an additional 1,706,330 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Vizsla Silver by 83.7% during the first quarter. Mackenzie Financial Corp now owns 7,647,130 shares of the company's stock worth $17,482,000 after buying an additional 3,484,743 shares during the last quarter. Jupiter Asset Management Ltd. grew its stake in shares of Vizsla Silver by 37.7% in the first quarter. Jupiter Asset Management Ltd. now owns 7,468,218 shares of the company's stock worth $17,072,000 after acquiring an additional 2,043,880 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Vizsla Silver by 5.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,414,972 shares of the company's stock valued at $9,149,000 after purchasing an additional 283,052 shares during the last quarter. 22.46% of the stock is currently owned by institutional investors and hedge funds.

Vizsla Silver Price Performance

VZLA stock traded up $0.08 on Friday, hitting $2.31. 882,805 shares of the company were exchanged, compared to its average volume of 1,623,927. The stock has a market capitalization of $678.70 million, a price-to-earnings ratio of -231.00 and a beta of 0.76. The business's fifty day moving average is $2.15 and its two-hundred day moving average is $2.02. Vizsla Silver has a twelve month low of $1.41 and a twelve month high of $2.47.

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.