Vizsla Silver (NYSE:VZLA) Now Covered by National Bank Financial

Analysts at National Bank Financial initiated coverage on shares of Vizsla Silver (NYSE:VZLA) in a research note issued to investors on Thursday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating on the stock.

Vizsla Silver Trading Down 4.8 %

VZLA stock opened at $1.77 on Thursday. The company’s 50 day moving average is $1.95 and its two-hundred day moving average is $1.90. Vizsla Silver has a twelve month low of $1.07 and a twelve month high of $2.40. The stock has a market cap of $493.39 million, a P/E ratio of -177.00 and a beta of 0.85.

Hedge Funds Weigh In On Vizsla Silver

Several large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its position in shares of Vizsla Silver by 29.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 52,117 shares of the company’s stock valued at $100,000 after purchasing an additional 11,728 shares during the period. Accredited Investors Inc. acquired a new position in Vizsla Silver during the third quarter worth approximately $30,000. Tidal Investments LLC purchased a new stake in Vizsla Silver in the third quarter valued at approximately $38,000. Sanctuary Advisors LLC acquired a new stake in shares of Vizsla Silver in the third quarter valued at approximately $37,000. Finally, Oxbow Advisors LLC grew its position in shares of Vizsla Silver by 39.5% during the third quarter. Oxbow Advisors LLC now owns 86,120 shares of the company’s stock worth $165,000 after acquiring an additional 24,390 shares during the last quarter. Institutional investors and hedge funds 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.