Vizsla Silver Corp. (NYSE:VZLA - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 4,584,359 shares traded hands during mid-day trading, an increase of 139% from the previous session's volume of 1,922,082 shares.The stock last traded at $2.95 and had previously closed at $3.01.
Analyst Upgrades and Downgrades
Separately, Raymond James Financial reissued an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $3.83.
View Our Latest Stock Analysis on Vizsla Silver
Vizsla Silver Trading Down 5.3%
The business has a 50 day simple moving average of $2.74 and a two-hundred day simple moving average of $2.28. The stock has a market cap of $846.16 million, a price-to-earnings ratio of -284.10 and a beta of 0.94.
Institutional Trading of Vizsla Silver
A number of hedge funds and other institutional investors have recently made changes to their positions in VZLA. Accredited Investors Inc. acquired a new position in Vizsla Silver in the first quarter worth about $35,000. Heck Capital Advisors LLC bought a new position in Vizsla Silver during the 4th quarter worth approximately $36,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Vizsla Silver in the 1st quarter worth approximately $36,000. Two Sigma Advisers LP bought a new stake in shares of Vizsla Silver in the 4th quarter valued at approximately $55,000. Finally, Connective Capital Management LLC bought a new stake in shares of Vizsla Silver in the 1st quarter valued at approximately $68,000. Institutional investors own 22.46% of the company's stock.
About Vizsla Silver
(
Get Free Report)
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.
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