Trek Financial LLC Purchases 573,826 Shares of Vizsla Silver Corp. $VZLA

Trek Financial LLC increased its position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 66.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,443,076 shares of the company’s stock after purchasing an additional 573,826 shares during the period. Trek Financial LLC’s holdings in Vizsla Silver were worth $7,894,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VZLA. Sprott Inc. lifted its stake in Vizsla Silver by 1.4% during the third quarter. Sprott Inc. now owns 22,851,053 shares of the company’s stock worth $98,691,000 after purchasing an additional 306,900 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Vizsla Silver by 72.8% in the 3rd quarter. Tidal Investments LLC now owns 14,435,320 shares of the company’s stock valued at $62,361,000 after purchasing an additional 6,080,923 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Vizsla Silver by 41.7% in the 3rd quarter. Van ECK Associates Corp now owns 13,587,661 shares of the company’s stock valued at $58,698,000 after purchasing an additional 4,001,170 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Vizsla Silver by 38.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,395,079 shares of the company’s stock worth $49,220,000 after buying an additional 3,139,086 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Vizsla Silver by 274.5% during the 2nd quarter. Bank of America Corp DE now owns 8,022,629 shares of the company’s stock worth $23,587,000 after buying an additional 5,880,575 shares during the last quarter. 22.46% of the stock is owned by institutional investors.

Vizsla Silver Stock Performance

NYSEAMERICAN VZLA opened at $3.73 on Tuesday. The firm’s fifty day moving average price is $3.50 and its two-hundred day moving average price is $4.42. The stock has a market cap of $1.30 billion, a PE ratio of -10.66 and a beta of 1.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 65.89 and a current ratio of 65.89. Vizsla Silver Corp. has a fifty-two week low of $2.24 and a fifty-two week high of $7.19.

Analyst Ratings Changes

VZLA has been the topic of several research analyst reports. Raymond James Financial reaffirmed an “outperform” rating on shares of Vizsla Silver in a research note on Wednesday, January 14th. Canadian Imperial Bank of Commerce downgraded Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, National Bank Financial cut shares of Vizsla Silver from an “outperform” rating to a “sector perform” rating in a report on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Vizsla Silver currently has a consensus rating of “Moderate Buy” and an average target price 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.