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

Shares of Vizsla Silver Corp. (NYSE:VZLA) have been given a consensus rating of “Buy” by the five brokerages that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is $4.06.

VZLA has been the topic of several research analyst reports. 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 research report on Friday, January 10th. National Bank Financial initiated coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They issued an “outperform” rating on the stock. Finally, BMO Capital Markets initiated coverage on shares of Vizsla Silver in a research report on Friday, January 24th. They issued an “outperform” rating on the stock.

Institutional Trading of Vizsla Silver

Hedge funds have recently bought and sold shares of the business. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver in the third quarter valued at approximately $30,000. Heck Capital Advisors LLC acquired a new position in Vizsla Silver during the fourth quarter worth $36,000. Sanctuary Advisors LLC purchased a new stake in Vizsla Silver in the 3rd quarter valued at $37,000. Tidal Investments LLC acquired a new stake in shares of Vizsla Silver in the 3rd quarter worth $38,000. Finally, Two Sigma Advisers LP purchased a new position in shares of Vizsla Silver during the 4th quarter worth $55,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Stock Performance

VZLA opened at $2.00 on Tuesday. The company has a fifty day moving average of $1.99 and a two-hundred day moving average of $1.96. Vizsla Silver has a fifty-two week low of $1.07 and a fifty-two week high of $2.39. The stock has a market capitalization of $573.24 million, a price-to-earnings ratio of -200.00 and a beta of 0.90.

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.