Vizsla Silver Corp. (NYSE:VZLA) Receives Average Recommendation of "Buy" from Brokerages

Shares of Vizsla Silver Corp. (NYSE:VZLA - Get Free Report) have been assigned an average recommendation of "Buy" from the five analysts that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $3.83.

Several research analysts recently weighed in on VZLA shares. Raymond James Financial reiterated an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. National Bank Financial upgraded Vizsla Silver to a "strong-buy" rating in a research report on Thursday, June 26th.

Vizsla Silver Price Performance

Shares of VZLA stock opened at $3.29 on Friday. Vizsla Silver has a 1-year low of $1.67 and a 1-year high of $3.66. The stock's 50-day moving average is $3.01 and its 200 day moving average is $2.41. The company has a market cap of $1.11 billion, a P/E ratio of -329.00 and a beta of 0.92.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VZLA. Quantbot Technologies LP raised its holdings in Vizsla Silver by 19.1% during the fourth quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock worth $97,000 after purchasing an additional 9,102 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new position in Vizsla Silver during the second quarter worth $30,000. Cambridge Investment Research Advisors Inc. raised its holdings in Vizsla Silver by 7.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 164,459 shares of the company's stock worth $376,000 after purchasing an additional 10,975 shares during the last quarter. Accredited Investors Inc. acquired a new position in Vizsla Silver during the first quarter worth $35,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in Vizsla Silver during the first quarter worth $36,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.