Amundi Invests $1.71 Million in Vizsla Silver Corp. (NYSE:VZLA)

Amundi bought a new position in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,000,000 shares of the company's stock, valued at approximately $1,710,000. Amundi owned approximately 0.36% of Vizsla Silver as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Integrated Wealth Concepts LLC lifted its stake in Vizsla Silver by 29.0% in the third quarter. Integrated Wealth Concepts LLC now owns 52,117 shares of the company's stock worth $100,000 after acquiring an additional 11,728 shares during the last quarter. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver during the 3rd quarter worth $30,000. Tidal Investments LLC acquired a new position in shares of Vizsla Silver during the third quarter worth $38,000. Sanctuary Advisors LLC purchased a new position in Vizsla Silver in the third quarter valued at $37,000. Finally, Heck Capital Advisors LLC acquired a new stake in Vizsla Silver in the fourth quarter valued at $36,000. Institutional investors and hedge funds own 22.46% of the company's stock.

Analyst Ratings Changes

VZLA has been the topic of a number of recent analyst reports. Roth Mkm increased their price objective on Vizsla Silver from $3.00 to $3.25 and gave the company a "buy" rating in a report on Friday, January 10th. BMO Capital Markets initiated coverage on shares of Vizsla Silver in a research note on Friday, January 24th. They issued an "outperform" rating on the stock. Finally, National Bank Financial initiated coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They issued an "outperform" rating on the stock. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $4.06.

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Vizsla Silver Trading Down 5.5 %

Shares of Vizsla Silver stock traded down $0.13 during trading hours on Friday, hitting $2.23. 6,909,387 shares of the company were exchanged, compared to its average volume of 1,418,809. The business has a 50-day moving average of $2.10 and a 200-day moving average of $1.98. Vizsla Silver Corp. has a 1 year low of $1.22 and a 1 year high of $2.47. The stock has a market capitalization of $639.16 million, a price-to-earnings ratio of -223.00 and a beta of 0.92.

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.