Vizsla Silver (NYSE:VZLA) Upgraded by National Bank Financial to "Strong-Buy" Rating

Vizsla Silver (NYSE:VZLA - Get Free Report) was upgraded by analysts at National Bank Financial to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Raymond James Financial reiterated an "outperform" rating on shares of Vizsla Silver in a research note on Friday, April 4th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $3.83.

Vizsla Silver Stock Down 5.7%

Shares of NYSE VZLA opened at $2.83 on Thursday. Vizsla Silver has a twelve month low of $1.67 and a twelve month high of $3.66. The firm has a market cap of $842.88 million, a P/E ratio of -283.00 and a beta of 0.94. The company has a 50 day moving average of $2.76 and a 200 day moving average of $2.29.

Institutional Investors Weigh In On Vizsla Silver

A number of hedge funds have recently added to or reduced their stakes in VZLA. Accredited Investors Inc. bought a new stake in shares of Vizsla Silver during the 1st quarter valued at $35,000. Heck Capital Advisors LLC bought a new stake in shares of Vizsla Silver during the 4th quarter valued at $36,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Vizsla Silver during the 1st quarter valued at $36,000. Two Sigma Advisers LP bought a new stake in shares of Vizsla Silver during the 4th quarter valued at $55,000. Finally, Connective Capital Management LLC bought a new stake in shares of Vizsla Silver during the 1st quarter valued at $68,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

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.

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