Brokerages Set Vizsla Silver Corp. (NYSE:VZLA) PT at $3.83

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 company, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have covered the stock in the last year is $3.83.

Separately, Raymond James reiterated an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Sprott Inc. lifted its position in shares of Vizsla Silver by 3.9% in the 1st quarter. Sprott Inc. now owns 23,703,712 shares of the company's stock valued at $54,084,000 after acquiring an additional 898,246 shares in the last quarter. Van ECK Associates Corp raised its stake in Vizsla Silver by 17.7% during the 4th quarter. Van ECK Associates Corp now owns 11,356,191 shares of the company's stock valued at $19,185,000 after purchasing an additional 1,706,330 shares during the period. Mackenzie Financial Corp lifted its holdings in shares of Vizsla Silver by 83.7% in the first quarter. Mackenzie Financial Corp now owns 7,647,130 shares of the company's stock valued at $17,482,000 after purchasing an additional 3,484,743 shares in the last quarter. Jupiter Asset Management Ltd. boosted its position 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 buying an additional 2,043,880 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Vizsla Silver by 11.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,053,156 shares of the company's stock worth $13,837,000 after buying an additional 638,184 shares during the period. 22.46% of the stock is owned by hedge funds and other institutional investors.

Vizsla Silver Stock Up 2.8%

NYSE:VZLA traded up $0.08 during trading hours on Thursday, reaching $2.89. 1,635,730 shares of the company's stock were exchanged, compared to its average volume of 1,740,894. The company has a market capitalization of $849.11 million, a P/E ratio of -289.00 and a beta of 0.76. Vizsla Silver has a 12 month low of $1.59 and a 12 month high of $2.97. The business's 50-day simple moving average is $2.28 and its two-hundred day simple moving average is $2.08.

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.