Vizsla Silver Corp. (NYSE:VZLA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Vizsla Silver Corp. (NYSE:VZLA) have received a consensus recommendation of “Buy” from the five analysts that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is $3.83.

A number of equities analysts have recently commented on VZLA shares. Raymond James reaffirmed an “outperform” rating on shares of Vizsla Silver in a research report on Friday, April 4th. BMO Capital Markets initiated coverage on Vizsla Silver in a research report on Friday, January 24th. They set an “outperform” rating on the stock.

Vizsla Silver Stock Up 5.4 %

VZLA opened at $2.35 on Friday. The business has a fifty day moving average of $2.16 and a 200 day moving average of $2.02. The stock has a market cap of $690.45 million, a P/E ratio of -235.00 and a beta of 0.76. Vizsla Silver has a 52-week low of $1.46 and a 52-week high of $2.47.

Institutional Trading of Vizsla Silver

A number of hedge funds have recently bought and sold shares of VZLA. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver during the 1st quarter worth $35,000. Tidal Investments LLC bought a new stake in shares of Vizsla Silver in the 3rd quarter valued at about $38,000. Heck Capital Advisors LLC purchased a new position in shares of Vizsla Silver in the 4th quarter worth approximately $36,000. Two Sigma Advisers LP bought a new position in shares of Vizsla Silver during the 4th quarter worth approximately $55,000. Finally, Virtu Financial LLC purchased a new stake in Vizsla Silver during the third quarter valued at approximately $81,000. 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.