Vizsla Silver Target of Unusually Large Options Trading (NYSEAMERICAN:VZLA)

Key Points

• Unusually large call options activity: Investors acquired 12,578 call options on VZLA, roughly a 53% increase over the average volume of 8,245 calls.
• Stock slipped on lower-than-average trading: Shares fell $0.20 to $3.17 with 7.88M shares traded (vs. avg. 11.53M), a $1.11B market cap and a 12-month range of $1.69–$7.19.
• Mixed analyst view but positive consensus target: Three analysts rate VZLA Buy and three Hold, giving an average "Moderate Buy" consensus and a $7.00 price target; institutional ownership is about 22.46%.

Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Get Free Report) was the recipient of unusually large options trading on Thursday. Investors acquired 12,578 call options on the company. This is an increase of approximately 53% compared to the average volume of 8,245 call options.

Vizsla Silver Stock Performance

Shares of NYSEAMERICAN VZLA traded down $0.20 during trading hours on Thursday, reaching $3.17. The stock had a trading volume of 7,884,879 shares, compared to its average volume of 11,530,093. The company has a market cap of $1.11 billion, a price-to-earnings ratio of -8.99 and a beta of 0.96. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.89 and a quick ratio of 65.89. The business's fifty day moving average is $4.75 and its two-hundred day moving average is $4.63. Vizsla Silver has a twelve month low of $1.69 and a twelve month high of $7.19.

Hedge Funds Weigh In On Vizsla Silver

Large investors have recently added to or reduced their stakes in the company. Bogart Wealth LLC acquired a new stake in Vizsla Silver in the 3rd quarter valued at approximately $26,000. Hohimer Wealth Management LLC acquired a new position in Vizsla Silver during the third quarter worth $47,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Vizsla Silver during the 3rd quarter worth about $50,000. Schonfeld Strategic Advisors LLC acquired a new position in Vizsla Silver during the third quarter worth approximately $50,000. Finally, Swiss Life Asset Management Ltd acquired a new stake in shares of Vizsla Silver in the third quarter valued at approximately $53,000. Institutional investors own 22.46% of the company's stock.

Wall Street Analysts Forecast Growth

VZLA has been the subject of a number of recent research reports. Raymond James Financial reiterated an "outperform" rating on shares of Vizsla Silver in a research report on Wednesday, January 14th. National Bank Financial cut shares of Vizsla Silver from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, February 10th. Canadian Imperial Bank of Commerce cut Vizsla Silver from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 5th. Finally, Cantor Fitzgerald began coverage on Vizsla Silver in a research report on Monday, December 22nd. They issued a "buy" rating and a $7.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $7.00.

About Vizsla Silver

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.

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