Vizsla Silver Corp. (NYSE:VZLA) Receives $3.25 Average PT from Brokerages

Vizsla Silver Corp. (NYSE:VZLA) has been given a consensus rating of “Buy” by the six ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $3.25.

VZLA has been the subject of several research analyst reports. Zacks Research cut Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Roth Capital reissued a “buy” rating on shares of Vizsla Silver in a research report on Monday, September 8th. Finally, National Bank Financial raised Vizsla Silver to a “strong-buy” rating in a research report on Thursday, June 26th.

Hedge Funds Weigh In On Vizsla Silver

Large investors have recently made changes to their positions in the business. Baader Bank Aktiengesellschaft acquired a new position in shares of Vizsla Silver during the 2nd quarter worth about $30,000. Accredited Investors Inc. acquired a new stake in Vizsla Silver during the first quarter worth about $35,000. Heck Capital Advisors LLC acquired a new stake in Vizsla Silver during the fourth quarter worth about $36,000. OMERS ADMINISTRATION Corp acquired a new stake in Vizsla Silver during the first quarter worth about $36,000. Finally, Two Sigma Advisers LP acquired a new stake in Vizsla Silver during the fourth quarter worth about $55,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Stock Up 3.6%

Shares of VZLA stock opened at $3.99 on Tuesday. Vizsla Silver has a 12 month low of $1.67 and a 12 month high of $4.00. The business’s 50 day moving average is $3.38 and its two-hundred day moving average is $2.82. The company has a market cap of $1.36 billion, a PE ratio of -399.00 and a beta of 0.94.

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.