Vizsla Silver Corp. (NYSE:VZLA) Shares Sold by Bank of Montreal Can

Bank of Montreal Can trimmed its position in Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 49.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,500 shares of the company's stock after selling 182,637 shares during the quarter. Bank of Montreal Can owned about 0.07% of Vizsla Silver worth $311,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VZLA. Amundi purchased a new stake in Vizsla Silver in the 4th quarter worth approximately $1,710,000. Van ECK Associates Corp lifted its stake in shares of 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 purchasing an additional 1,706,330 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at $37,000. Virtu Financial LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at $81,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at $230,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

Vizsla Silver Stock Down 2.9 %

Shares of Vizsla Silver stock traded down $0.07 during trading hours on Tuesday, reaching $2.15. 287,232 shares of the company's stock were exchanged, compared to its average volume of 1,607,515. Vizsla Silver Corp. has a 1 year low of $1.27 and a 1 year high of $2.47. The company has a market capitalization of $630.22 million, a P/E ratio of -214.60 and a beta of 0.75. The business has a fifty day moving average of $2.12 and a two-hundred day moving average of $2.02.

Analyst Ratings Changes

VZLA has been the subject of several analyst reports. BMO Capital Markets initiated coverage on shares of Vizsla Silver in a research note on Friday, January 24th. They issued an "outperform" rating for the company. Raymond James restated an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. Finally, Roth Mkm upped their price objective 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. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently 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.