Bank of Montreal Can Cuts Stock Holdings in Vizsla Silver Corp. (NYSE:VZLA)

Bank of Montreal Can reduced its position in shares of Vizsla Silver Corp. (NYSE:VZLA - Free Report) by 49.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,500 shares of the company's stock after selling 182,637 shares during the period. Bank of Montreal Can owned 0.07% of Vizsla Silver worth $311,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Diametric Capital LP lifted its stake in Vizsla Silver by 35.3% in the 4th quarter. Diametric Capital LP now owns 163,091 shares of the company's stock worth $275,000 after purchasing an additional 42,586 shares in the last quarter. Quantbot Technologies LP lifted its position in Vizsla Silver by 19.1% during the fourth quarter. Quantbot Technologies LP now owns 56,819 shares of the company's stock worth $97,000 after buying an additional 9,102 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in Vizsla Silver during the fourth quarter worth approximately $9,165,000. Amundi purchased a new stake in Vizsla Silver in the 4th quarter valued at $1,710,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vizsla Silver in the 4th quarter worth $188,000. Institutional investors and hedge funds own 22.46% of the company's stock.

Analyst Ratings Changes

VZLA has been the subject of a number of analyst reports. Roth Mkm upped their price objective on shares of 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 assumed coverage on shares of Vizsla Silver in a report on Friday, January 24th. They set an "outperform" rating for the company. Finally, Raymond James reaffirmed an "outperform" rating on shares of Vizsla Silver in a research report on Friday, April 4th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $3.83.

Vizsla Silver Stock Down 2.3 %

NYSE VZLA traded down $0.05 on Friday, reaching $2.17. The stock had a trading volume of 1,121,127 shares, compared to its average volume of 1,613,639. Vizsla Silver Corp. has a 12-month low of $1.27 and a 12-month high of $2.47. The stock has a fifty day moving average price of $2.13 and a two-hundred day moving average price of $2.02. The firm has a market capitalization of $637.56 million, a price-to-earnings ratio of -217.00 and a beta of 0.75.

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.