Vizsla Silver (NYSE:VZLA) Stock Rating Upgraded by National Bank Financial

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

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

Vizsla Silver Price Performance

VZLA stock traded down $0.02 during trading hours on Thursday, reaching $2.92. 3,055,145 shares of the stock were exchanged, compared to its average volume of 2,018,889. The firm's 50-day moving average is $2.77 and its 200-day moving average is $2.30. Vizsla Silver has a 12 month low of $1.67 and a 12 month high of $3.66. The company has a market cap of $869.69 million, a price-to-earnings ratio of -292.00 and a beta of 0.94.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Accredited Investors Inc. acquired a new position in shares of Vizsla Silver during the 1st quarter worth about $35,000. OMERS ADMINISTRATION Corp bought a new stake in Vizsla Silver during the first quarter worth about $36,000. Heck Capital Advisors LLC acquired a new position in Vizsla Silver during the fourth quarter valued at approximately $36,000. Connective Capital Management LLC acquired a new position in Vizsla Silver during the first quarter valued at approximately $68,000. Finally, Pale Fire Capital SE bought a new position in Vizsla Silver in the first quarter valued at approximately $70,000. Institutional investors own 22.46% of the company's stock.

About Vizsla Silver

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.