BMO Capital Markets Initiates Coverage on Vizsla Silver (NYSE:VZLA)

Analysts at BMO Capital Markets assumed coverage on shares of Vizsla Silver (NYSE:VZLA) in a report issued on Friday,Briefing.com Automated Import reports. The firm set an “outperform” rating on the stock.

VZLA has been the topic of several other research reports. National Bank Financial started coverage on shares of Vizsla Silver in a research note on Thursday, December 19th. They issued an “outperform” rating on the stock. Roth Mkm lifted their price target on shares of Vizsla Silver from $3.00 to $3.25 and gave the stock a “buy” rating in a research report on Friday, January 10th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $4.06.

Vizsla Silver Stock Down 4.3 %

Shares of VZLA stock opened at $2.00 on Friday. The stock has a 50-day simple moving average of $1.85 and a 200 day simple moving average of $1.93. Vizsla Silver has a fifty-two week low of $1.07 and a fifty-two week high of $2.39. The stock has a market capitalization of $557.50 million, a P/E ratio of -200.00 and a beta of 0.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VZLA. Accredited Investors Inc. acquired a new stake in shares of Vizsla Silver during the third quarter valued at approximately $30,000. Tidal Investments LLC purchased a new position in Vizsla Silver during the 3rd quarter worth approximately $38,000. Sanctuary Advisors LLC acquired a new stake in Vizsla Silver during the 3rd quarter valued at $37,000. Heck Capital Advisors LLC purchased a new stake in shares of Vizsla Silver in the fourth quarter valued at $36,000. Finally, Virtu Financial LLC acquired a new stake in shares of Vizsla Silver in the third quarter worth $81,000. 22.46% of the stock is currently owned by institutional investors and hedge funds.

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.