Vizsla Silver (NYSE:VZLA) Shares Gap Up – What’s Next?

Vizsla Silver Corp. (NYSE:VZLA) gapped up before the market opened on Monday . The stock had previously closed at $1.84, but opened at $2.00. Vizsla Silver shares last traded at $1.92, with a volume of 863,534 shares trading hands.

Vizsla Silver Price Performance

The stock has a 50-day moving average price of $1.95 and a 200-day moving average price of $1.90. The company has a market capitalization of $533.81 million, a price-to-earnings ratio of -184.00 and a beta of 0.85.

Vizsla Silver (NYSE:VZLA) last issued its earnings results on Thursday, September 12th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Equities analysts forecast that Vizsla Silver Corp. will post -0.04 earnings per share for the current year.

Hedge Funds Weigh In On Vizsla Silver

Large investors have recently modified their holdings of the stock. Accredited Investors Inc. bought a new position in shares of Vizsla Silver in the third quarter valued at about $30,000. Tidal Investments LLC bought a new position in shares of Vizsla Silver in the third quarter valued at about $38,000. Sanctuary Advisors LLC bought a new position in shares of Vizsla Silver in the third quarter valued at about $37,000. Virtu Financial LLC bought a new position in shares of Vizsla Silver in the third quarter valued at about $81,000. Finally, Quantbot Technologies LP raised its position in shares of Vizsla Silver by 142.9% in the third quarter. Quantbot Technologies LP now owns 47,717 shares of the company’s stock valued at $92,000 after purchasing an additional 28,072 shares during the period. 22.46% of the stock is owned by institutional investors.

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.