Vizsla Silver (NYSE:VZLA) Earns Outperform Rating from Analysts at BMO Capital Markets

BMO Capital Markets initiated coverage on shares of Vizsla Silver (NYSE:VZLA) in a research report sent to investors on Friday, Marketbeat.com reports. The brokerage issued an outperform rating on the stock.

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

Vizsla Silver Trading Up 1.5 %

Vizsla Silver stock opened at $2.03 on Friday. The firm has a 50 day moving average of $1.85 and a 200 day moving average of $1.93. The firm has a market capitalization of $565.86 million, a price-to-earnings ratio of -203.00 and a beta of 0.86. Vizsla Silver has a 12-month low of $1.07 and a 12-month high of $2.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Heck Capital Advisors LLC bought a new position in shares of Vizsla Silver during the 4th quarter valued at approximately $36,000. JPMorgan Chase & Co. purchased a new stake in Vizsla Silver during the 3rd quarter valued at $230,000. Tidal Investments LLC purchased a new stake in Vizsla Silver during the 3rd quarter valued at $38,000. Sanctuary Advisors LLC purchased a new stake in Vizsla Silver during the 3rd quarter valued at $37,000. Finally, Virtu Financial LLC purchased a new stake in Vizsla Silver during the 3rd quarter valued at $81,000. 22.46% of the stock is currently owned by institutional investors.

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.