Quantbot Technologies LP Increases Stock Position in Vizsla Silver Corp. (NYSE:VZLA)

Quantbot Technologies LP raised its stake in shares of Vizsla Silver Corp. (NYSE:VZLA) by 19.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 56,819 shares of the company’s stock after purchasing an additional 9,102 shares during the period. Quantbot Technologies LP’s holdings in Vizsla Silver were worth $97,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company purchased a new stake in Vizsla Silver in the third quarter valued at approximately $1,916,000. Verition Fund Management LLC purchased a new position in shares of Vizsla Silver during the third quarter worth $115,000. Integrated Wealth Concepts LLC grew its stake in shares of Vizsla Silver by 29.0% in the third quarter. Integrated Wealth Concepts LLC now owns 52,117 shares of the company’s stock valued at $100,000 after buying an additional 11,728 shares in the last quarter. Jane Street Group LLC lifted its stake in Vizsla Silver by 2,412.1% during the 3rd quarter. Jane Street Group LLC now owns 1,208,989 shares of the company’s stock worth $2,321,000 after acquiring an additional 1,160,863 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in Vizsla Silver during the 3rd quarter worth about $183,000. 22.46% of the stock is owned by hedge funds and other institutional investors.

Vizsla Silver Stock Performance

Shares of Vizsla Silver stock opened at $2.27 on Tuesday. The business has a 50-day simple moving average of $2.14 and a 200-day simple moving average of $2.00. Vizsla Silver Corp. has a one year low of $1.27 and a one year high of $2.47. The company has a market cap of $655.13 million, a PE ratio of -227.00 and a beta of 0.92.

Analysts Set New Price Targets

VZLA has been the topic of a number of recent 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 began coverage on shares of Vizsla Silver in a research note on Friday, January 24th. They set an “outperform” rating on the stock. Finally, National Bank Financial assumed coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $4.06.

About Vizsla Silver

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.