BMO Capital Markets Begins Coverage on Vizsla Silver (NYSE:VZLA)

BMO Capital Markets assumed coverage on shares of Vizsla Silver (NYSE:VZLA) in a research note issued to investors on Friday morning, MarketBeat reports. The firm issued an outperform rating on the stock.

Several other equities analysts have also weighed in on VZLA. Roth Mkm lifted their target price on shares of Vizsla Silver from $3.00 to $3.25 and gave the company a “buy” rating in a report on Friday, January 10th. National Bank Financial started coverage on Vizsla Silver in a research note on Thursday, December 19th. They set an “outperform” rating on the stock. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $4.06.

Vizsla Silver Stock Up 1.5 %

Shares of VZLA stock opened at $2.03 on Friday. Vizsla Silver has a fifty-two week low of $1.07 and a fifty-two week high of $2.39. The firm’s 50 day moving average price is $1.85 and its two-hundred day moving average price is $1.93.

Institutional Trading of Vizsla Silver

Institutional investors and hedge funds have recently made changes to their positions in the stock. Accredited Investors Inc. acquired a new stake in Vizsla Silver in the third quarter worth $30,000. Heck Capital Advisors LLC acquired a new position in shares of Vizsla Silver during the fourth quarter valued at $36,000. Sanctuary Advisors LLC bought a new position in shares of Vizsla Silver during the third quarter worth about $37,000. Tidal Investments LLC acquired a new stake in shares of Vizsla Silver in the 3rd quarter worth about $38,000. Finally, Virtu Financial LLC bought a new stake in Vizsla Silver in the 3rd quarter valued at about $81,000. 22.46% of the stock is currently owned by institutional investors and hedge funds.

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.