Mizuho Markets Americas LLC Makes New $10.10 Million Investment in Vizsla Silver Corp. $VZLA

Mizuho Markets Americas LLC purchased a new position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,845,862 shares of the company’s stock, valued at approximately $10,097,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Auxano Advisors LLC bought a new stake in shares of Vizsla Silver during the 4th quarter worth about $629,000. Ground Swell Capital LLC bought a new stake in shares of Vizsla Silver during the 4th quarter worth about $85,000. Trek Financial LLC raised its position in shares of Vizsla Silver by 66.0% during the 4th quarter. Trek Financial LLC now owns 1,443,076 shares of the company’s stock worth $7,894,000 after buying an additional 573,826 shares in the last quarter. Swiss Life Asset Management Ltd raised its position in shares of Vizsla Silver by 20.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 14,681 shares of the company’s stock worth $80,000 after buying an additional 2,498 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its position in shares of Vizsla Silver by 18.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 58,466 shares of the company’s stock worth $321,000 after buying an additional 9,264 shares in the last quarter. 22.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on VZLA shares. National Bank Financial downgraded shares of Vizsla Silver from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, February 10th. Canadian Imperial Bank of Commerce downgraded shares of Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Vizsla Silver presently has a consensus rating of “Moderate Buy” and an average target price of $7.00.

Vizsla Silver Stock Performance

Shares of VZLA opened at $3.37 on Friday. The firm’s 50 day moving average is $3.39 and its 200-day moving average is $4.38. The stock has a market capitalization of $1.18 billion, a P/E ratio of -9.63 and a beta of 1.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.89 and a quick ratio of 65.89. Vizsla Silver Corp. has a 12-month low of $2.73 and a 12-month high of $7.19.

Vizsla Silver Profile

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.