Roth Mkm Issues Positive Forecast for Vizsla Silver (NYSE:VZLA) Stock Price

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

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

Vizsla Silver Stock Performance

Shares of VZLA stock opened at $2.02 on Friday. The firm’s 50 day moving average price is $1.83 and its two-hundred day moving average price is $1.91. Vizsla Silver has a 52-week low of $1.07 and a 52-week high of $2.39. The stock has a market cap of $563.08 million, a PE ratio of -202.00 and a beta of 0.86.

Hedge Funds Weigh In On Vizsla Silver

Several institutional investors and hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp bought a new position in Vizsla Silver during the third quarter worth about $18,528,000. Equinox Partners Investment Management LLC lifted its holdings in shares of Vizsla Silver by 11.5% during the 3rd quarter. Equinox Partners Investment Management LLC now owns 5,991,600 shares of the company’s stock valued at $11,474,000 after purchasing an additional 619,600 shares in the last quarter. Raffles Associates LP grew its position in shares of Vizsla Silver by 111.7% in the 3rd quarter. Raffles Associates LP now owns 1,694,010 shares of the company’s stock valued at $3,252,000 after purchasing an additional 893,700 shares during the period. Jane Street Group LLC raised its holdings in 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 buying an additional 1,160,863 shares during the period. Finally, U S Global Investors Inc. lifted its stake in Vizsla Silver by 17.7% in the third quarter. U S Global Investors Inc. now owns 1,075,000 shares of the company’s stock valued at $2,058,000 after buying an additional 162,000 shares in 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.