Vizsla Silver (NYSE:VZLA) PT Raised to C$3.75

Vizsla Silver (NYSE:VZLAGet Rating) had its price objective lifted by investment analysts at Stifel Nicolaus from C$3.30 to C$3.75 in a research report issued on Wednesday, The Fly reports.

Separately, HC Wainwright lifted their price target on Vizsla Silver from $2.00 to $2.75 in a research report on Wednesday.

Vizsla Silver Price Performance

Shares of VZLA stock traded up $0.04 during trading hours on Wednesday, reaching $1.36. The company’s stock had a trading volume of 233,953 shares, compared to its average volume of 176,560. The company has a market capitalization of $244.35 million and a PE ratio of -15.11. Vizsla Silver has a one year low of $0.91 and a one year high of $2.24. The business’s fifty day moving average is $1.16.

Vizsla Silver (NYSE:VZLAGet Rating) last issued its quarterly earnings data on Monday, December 12th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Analysts expect that Vizsla Silver will post -0.06 earnings per share for the current year.

Institutional Investors Weigh In On Vizsla Silver

Hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC boosted its position in shares of Vizsla Silver by 25.0% during the third quarter. FNY Investment Advisers LLC now owns 75,000 shares of the company’s stock valued at $86,000 after purchasing an additional 15,000 shares in the last quarter. U S Global Investors Inc. boosted its holdings in Vizsla Silver by 33.3% in the third quarter. U S Global Investors Inc. now owns 1,000,000 shares of the company’s stock worth $1,143,000 after acquiring an additional 250,000 shares in the last quarter. Finally, MMCAP International Inc. SPC boosted its holdings in Vizsla Silver by 2.3% in the second quarter. MMCAP International Inc. SPC now owns 2,505,976 shares of the company’s stock worth $2,648,000 after acquiring an additional 57,500 shares in the last quarter. 16.55% of the stock is currently owned by institutional investors.

About Vizsla Silver

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Vizsla Silver Corp. engages in the acquisition, exploration, and development of precious and base metal assets. The company explores for gold, silver, and coper deposits. Its flagship project is the Panuco-Copala silver gold district located in Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.

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