Roth Mkm Increases Vizsla Silver (NYSE:VZLA) Price Target to $3.25

Vizsla Silver (NYSE:VZLA) had its price objective hoisted by Roth Mkm from $3.00 to $3.25 in a research report released on Friday,Benzinga reports. Roth Mkm currently has a buy rating on the stock.

Separately, National Bank Financial assumed coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They issued an “outperform” rating for the company. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $4.06.

Vizsla Silver Stock Up 1.0 %

NYSE:VZLA opened at $2.02 on Friday. Vizsla Silver has a twelve month low of $1.07 and a twelve month high of $2.39. The company has a market cap of $563.08 million, a P/E ratio of -202.00 and a beta of 0.86. The business has a 50 day moving average price of $1.83 and a two-hundred day moving average price of $1.91.

Hedge Funds Weigh In On Vizsla Silver

Institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp acquired a new position in shares of Vizsla Silver during the 3rd quarter worth about $18,528,000. Equinox Partners Investment Management LLC raised its stake in Vizsla Silver by 11.5% in the third quarter. Equinox Partners Investment Management LLC now owns 5,991,600 shares of the company’s stock valued at $11,474,000 after buying an additional 619,600 shares during the period. Raffles Associates LP lifted its position in shares of Vizsla Silver by 111.7% in the third quarter. Raffles Associates LP now owns 1,694,010 shares of the company’s stock valued at $3,252,000 after buying an additional 893,700 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Vizsla Silver by 2,412.1% during the 3rd quarter. Jane Street Group LLC now owns 1,208,989 shares of the company’s stock worth $2,321,000 after acquiring an additional 1,160,863 shares during the period. Finally, U S Global Investors Inc. increased its holdings in shares of Vizsla Silver by 17.7% during the 3rd quarter. U S Global Investors Inc. now owns 1,075,000 shares of the company’s stock worth $2,058,000 after acquiring an additional 162,000 shares during the last quarter. 22.46% of the stock is currently owned by institutional investors and hedge funds.

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.