Jupiter Asset Management Ltd. Buys New Stake in Vizsla Silver Corp. (NYSE:VZLA)

Jupiter Asset Management Ltd. bought a new stake in Vizsla Silver Corp. (NYSE:VZLA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,424,338 shares of the company’s stock, valued at approximately $9,165,000.

Several other institutional investors have also recently added to or reduced their stakes in VZLA. Accredited Investors Inc. acquired a new position in shares of Vizsla Silver in the third quarter worth $30,000. Tidal Investments LLC acquired a new position in shares of Vizsla Silver in the third quarter worth $38,000. Sanctuary Advisors LLC acquired a new position in shares of Vizsla Silver in the third quarter worth $37,000. Heck Capital Advisors LLC acquired a new position in shares of Vizsla Silver in the fourth quarter worth $36,000. Finally, Virtu Financial LLC acquired a new position in shares of Vizsla Silver in the third quarter worth $81,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Wall Street Analyst Weigh In

VZLA has been the subject of several research reports. Roth Mkm boosted their price target on shares of Vizsla Silver from $3.00 to $3.25 and gave the stock a “buy” rating in a research note on Friday, January 10th. BMO Capital Markets assumed coverage on shares of Vizsla Silver in a research note on Friday, January 24th. They issued an “outperform” rating for the company. Finally, National Bank Financial assumed coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They set an “outperform” rating for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Vizsla Silver has an average rating of “Buy” and an average price target of $4.06.

Vizsla Silver Trading Up 4.2 %

Vizsla Silver stock opened at $2.22 on Friday. The stock has a market cap of $636.29 million, a P/E ratio of -222.00 and a beta of 0.92. The company has a fifty day simple moving average of $2.04 and a 200-day simple moving average of $1.97. Vizsla Silver Corp. has a 12-month low of $1.18 and a 12-month high of $2.39.

Vizsla Silver 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.