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Vizsla Silver (NYSE:VZLA) Shares Gap Up - Here's Why

Vizsla Silver logo with Basic Materials background

Vizsla Silver Corp. (NYSE:VZLA - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.20, but opened at $3.43. Vizsla Silver shares last traded at $3.52, with a volume of 1,575,128 shares.

Analysts Set New Price Targets

Separately, Raymond James restated an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $3.83.

Read Our Latest Analysis on Vizsla Silver

Vizsla Silver Trading Down 2.1%

The business has a 50 day moving average of $2.36 and a 200-day moving average of $2.12. The firm has a market capitalization of $1.02 billion, a P/E ratio of -344.50 and a beta of 0.94.

Institutional Investors Weigh In On Vizsla Silver

Large investors have recently made changes to their positions in the stock. Accredited Investors Inc. bought a new stake in Vizsla Silver in the 1st quarter valued at $35,000. OMERS ADMINISTRATION Corp bought a new stake in Vizsla Silver in the 1st quarter valued at $36,000. Heck Capital Advisors LLC bought a new stake in Vizsla Silver in the 4th quarter valued at $36,000. Connective Capital Management LLC bought a new stake in Vizsla Silver in the 1st quarter valued at $68,000. Finally, Pale Fire Capital SE bought a new stake in Vizsla Silver in the 1st quarter valued at $70,000. Institutional investors and hedge funds 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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