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

Shares of Vizsla Silver Corp. (NYSE:VZLA) have earned an average rating of “Buy” from the four brokerages that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $4.06.

A number of research analysts recently commented on VZLA shares. Roth Mkm increased their price target on Vizsla Silver from $3.00 to $3.25 and gave the company a “buy” rating in a report on Friday, January 10th. National Bank Financial initiated coverage on Vizsla Silver in a research note on Thursday, December 19th. They set an “outperform” rating for the company. Finally, BMO Capital Markets started coverage on shares of Vizsla Silver in a research note on Friday. They issued an “outperform” rating for the company.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VZLA. Heck Capital Advisors LLC bought a new position in Vizsla Silver during the fourth quarter worth $36,000. JPMorgan Chase & Co. acquired a new stake in shares of Vizsla Silver during the third quarter worth $230,000. Tidal Investments LLC bought a new position in shares of Vizsla Silver in the 3rd quarter worth about $38,000. Sanctuary Advisors LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at about $37,000. Finally, Virtu Financial LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at about $81,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Price Performance

NYSE:VZLA opened at $2.00 on Friday. The firm has a 50-day moving average of $1.85 and a two-hundred day moving average of $1.93. The stock has a market cap of $557.50 million, a P/E ratio of -200.00 and a beta of 0.86. Vizsla Silver has a 1-year low of $1.07 and a 1-year high of $2.39.

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.