Vizsla Silver Corp. (NYSE:VZLA) Position Raised by Van ECK Associates Corp

Van ECK Associates Corp grew its position in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 17.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,356,191 shares of the company's stock after acquiring an additional 1,706,330 shares during the quarter. Van ECK Associates Corp owned about 4.07% of Vizsla Silver worth $19,185,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in Vizsla Silver during the 4th quarter valued at about $36,000. JPMorgan Chase & Co. purchased a new stake in Vizsla Silver in the third quarter worth $230,000. Tidal Investments LLC bought a new stake in Vizsla Silver in the third quarter worth $38,000. Sanctuary Advisors LLC bought a new position in shares of Vizsla Silver during the third quarter valued at $37,000. Finally, Virtu Financial LLC bought a new position in Vizsla Silver in the third quarter valued at about $81,000. 22.46% of the stock is owned by hedge funds and other institutional investors.

Vizsla Silver Trading Up 0.9 %

Shares of Vizsla Silver stock traded up $0.02 during trading hours on Wednesday, reaching $2.26. 1,635,253 shares of the company's stock were exchanged, compared to its average volume of 1,733,515. The firm has a market capitalization of $647.76 million, a price-to-earnings ratio of -226.00 and a beta of 0.90. The company has a fifty day moving average of $1.96 and a 200-day moving average of $1.95. Vizsla Silver Corp. has a 52-week low of $1.07 and a 52-week high of $2.39.

Wall Street Analyst Weigh In

VZLA has been the subject of a number of research reports. Roth Mkm increased 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. BMO Capital Markets started coverage on 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 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, the company currently has a consensus rating of "Buy" and an average target price of $4.06.

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.