Fourth Sail Capital LP Has $33.73 Million Position in Vizsla Silver Corp. $VZLA

Fourth Sail Capital LP increased its holdings in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 42.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,166,612 shares of the company’s stock after acquiring an additional 1,834,712 shares during the period. Vizsla Silver comprises 5.4% of Fourth Sail Capital LP’s portfolio, making the stock its 6th biggest position. Fourth Sail Capital LP owned about 1.76% of Vizsla Silver worth $33,731,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Sprott Inc. lifted its stake in shares of Vizsla Silver by 1.4% during the 3rd quarter. Sprott Inc. now owns 22,851,053 shares of the company’s stock worth $98,691,000 after acquiring an additional 306,900 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Vizsla Silver by 72.8% during the 3rd quarter. Tidal Investments LLC now owns 14,435,320 shares of the company’s stock worth $62,361,000 after acquiring an additional 6,080,923 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Vizsla Silver by 41.7% during the 3rd quarter. Van ECK Associates Corp now owns 13,587,661 shares of the company’s stock worth $58,698,000 after acquiring an additional 4,001,170 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Vizsla Silver by 38.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,395,079 shares of the company’s stock worth $49,220,000 after acquiring an additional 3,139,086 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of Vizsla Silver by 34.1% during the 4th quarter. Jupiter Asset Management Ltd. now owns 10,013,434 shares of the company’s stock worth $54,934,000 after acquiring an additional 2,545,216 shares during the last quarter. 22.46% of the stock is owned by institutional investors.

Vizsla Silver Trading Up 3.5%

Shares of NYSEAMERICAN VZLA opened at $3.59 on Friday. The company has a quick ratio of 65.89, a current ratio of 65.89 and a debt-to-equity ratio of 0.66. The business has a fifty day simple moving average of $3.49 and a two-hundred day simple moving average of $4.32. The firm has a market cap of $1.26 billion, a PE ratio of -10.26 and a beta of 1.04. Vizsla Silver Corp. has a twelve month low of $2.82 and a twelve month high of $7.19.

Wall Street Analyst Weigh In

Separately, Canadian Imperial Bank of Commerce lowered Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Vizsla Silver currently has an average rating of “Moderate Buy” and an average price target of $7.00.

About Vizsla Silver

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.