Vizsla Silver Corp. (NYSEAMERICAN:VZLA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) have earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $7.00.

Several brokerages recently commented on VZLA. Roth Mkm raised their price objective on Vizsla Silver from $6.00 to $7.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. National Bankshares downgraded Vizsla Silver from an “outperform” rating to a “sector perform” rating in a research report on Tuesday. Cantor Fitzgerald assumed coverage on Vizsla Silver in a research note on Monday, December 22nd. They set a “buy” rating and a $7.00 target price on the stock. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Vizsla Silver in a report on Wednesday, January 14th.

Institutional Trading of Vizsla Silver

Several institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC purchased a new stake in Vizsla Silver in the third quarter worth $26,000. Integrity Alliance LLC. bought a new stake in shares of Vizsla Silver during the 4th quarter valued at about $56,000. Hohimer Wealth Management LLC bought a new position in Vizsla Silver in the 3rd quarter worth $47,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Vizsla Silver in the third quarter worth approximately $50,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Vizsla Silver during the third quarter worth about $50,000. Institutional investors own 22.46% of the company’s stock.

Vizsla Silver Stock Performance

Vizsla Silver stock traded up $0.02 on Tuesday, reaching $4.10. The company’s stock had a trading volume of 36,961,025 shares, compared to its average volume of 11,883,521. The company has a market cap of $1.43 billion, a price-to-earnings ratio of -102.50 and a beta of 0.94. The business’s fifty day moving average price is $5.55 and its 200 day moving average price is $4.53. Vizsla Silver has a twelve month low of $1.69 and a twelve month high of $7.19.

Vizsla Silver Company Profile

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.