Vizsla Silver Corp. (NYSE:VZLA) Receives $4.06 Consensus PT from Analysts

Vizsla Silver Corp. (NYSE:VZLA) has received a consensus recommendation of “Buy” from the five research firms that are currently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $4.06.

A number of brokerages have recently weighed in on VZLA. BMO Capital Markets started coverage on shares of Vizsla Silver in a report on Friday, January 24th. They set an “outperform” rating on the stock. Roth Mkm boosted their price target on Vizsla Silver from $3.00 to $3.25 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, National Bank Financial initiated coverage on Vizsla Silver in a report on Thursday, December 19th. They issued an “outperform” rating on the stock.

Hedge Funds Weigh In On Vizsla Silver

A number of institutional investors have recently modified their holdings of VZLA. Accredited Investors Inc. purchased a new position in shares of Vizsla Silver during the 3rd quarter valued at approximately $30,000. Tidal Investments LLC purchased a new position in Vizsla Silver in the third quarter valued at $38,000. Sanctuary Advisors LLC acquired a new position in shares of Vizsla Silver in the third quarter worth about $37,000. Heck Capital Advisors LLC purchased a new stake in shares of Vizsla Silver during the 4th quarter worth about $36,000. Finally, Two Sigma Advisers LP acquired a new stake in shares of Vizsla Silver during the 4th quarter valued at about $55,000. Hedge funds and other institutional investors own 22.46% of the company’s stock.

Vizsla Silver Stock Up 5.4 %

VZLA stock opened at $2.36 on Friday. Vizsla Silver has a 52 week low of $1.18 and a 52 week high of $2.40. The stock has a market capitalization of $676.42 million, a PE ratio of -236.00 and a beta of 0.92. The firm has a 50 day moving average of $2.07 and a 200 day moving average of $1.97.

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.