Vizsla Silver (NYSE:VZLA) Shares Gap Up - Should You Buy?

Vizsla Silver Corp. (NYSE:VZLA - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $3.25, but opened at $3.38. Vizsla Silver shares last traded at $3.34, with a volume of 1,849,993 shares.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on VZLA shares. National Bank Financial upgraded shares of Vizsla Silver to a "strong-buy" rating in a research note on Thursday, June 26th. Raymond James Financial reaffirmed an "outperform" rating on shares of Vizsla Silver in a report on Friday, April 4th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $3.83.

Vizsla Silver Stock Up 0.2%

The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -327.50 and a beta of 0.92. The company's 50-day simple moving average is $2.92 and its 200-day simple moving average is $2.38.

Institutional Trading of Vizsla Silver

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Baader Bank Aktiengesellschaft acquired a new stake in Vizsla Silver during the 2nd quarter worth about $30,000. Accredited Investors Inc. bought a new position in shares of Vizsla Silver in the 1st quarter valued at $35,000. Heck Capital Advisors LLC acquired a new position in Vizsla Silver during the 4th quarter worth about $36,000. OMERS ADMINISTRATION Corp acquired a new position in Vizsla Silver during the 1st quarter worth about $36,000. Finally, Two Sigma Advisers LP acquired a new position in shares of Vizsla Silver in the 4th quarter valued at about $55,000. Hedge funds and other institutional investors own 22.46% of the company's stock.

Vizsla Silver Company 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.