4,331,900 Shares in Vizsla Silver Corp. $VZLA Bought by Fourth Sail Capital LP

Fourth Sail Capital LP purchased a new stake in Vizsla Silver Corp. (NYSEAMERICAN:VZLA) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,331,900 shares of the company’s stock, valued at approximately $12,736,000. Vizsla Silver comprises approximately 2.6% of Fourth Sail Capital LP’s portfolio, making the stock its 17th biggest holding. Fourth Sail Capital LP owned approximately 1.27% of Vizsla Silver at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Baader Bank Aktiengesellschaft bought a new position in Vizsla Silver during the second quarter worth about $30,000. Accredited Investors Inc. bought a new stake in shares of Vizsla Silver during the first quarter worth approximately $35,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Vizsla Silver during the first quarter worth approximately $36,000. TD Asset Management Inc grew its position in shares of Vizsla Silver by 9.5% in the second quarter. TD Asset Management Inc now owns 334,031 shares of the company’s stock valued at $984,000 after purchasing an additional 29,099 shares during the last quarter. Finally, Connective Capital Management LLC bought a new position in shares of Vizsla Silver during the first quarter worth approximately $68,000. 22.46% of the stock is currently owned by institutional investors and hedge funds.

Vizsla Silver Stock Performance

Shares of VZLA opened at $3.92 on Monday. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -98.00 and a beta of 0.97. Vizsla Silver Corp. has a 52-week low of $1.67 and a 52-week high of $5.07. The stock’s 50-day simple moving average is $4.14 and its 200 day simple moving average is $3.41.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Roth Capital reiterated a “buy” rating on shares of Vizsla Silver in a research report on Monday, September 8th. Zacks Research lowered Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Vizsla Silver has an average rating of “Buy” and an average target price of $3.25.

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.