Marshall Wace LLP Invests $407,000 in Vizsla Silver Corp. (NYSE:VZLA)

Marshall Wace LLP acquired a new stake in Vizsla Silver Corp. (NYSE:VZLA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 227,494 shares of the company’s stock, valued at approximately $407,000. Marshall Wace LLP owned 0.10% of Vizsla Silver as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in shares of Vizsla Silver in the 1st quarter valued at about $46,000. DNB Asset Management AS purchased a new position in Vizsla Silver in the second quarter valued at about $72,000. Corundum Trust Company INC purchased a new stake in shares of Vizsla Silver during the 2nd quarter worth approximately $108,000. Oxbow Advisors LLC purchased a new stake in shares of Vizsla Silver during the 2nd quarter worth approximately $110,000. Finally, LGT Fund Management Co Ltd. acquired a new stake in shares of Vizsla Silver in the 2nd quarter worth approximately $531,000. Hedge funds and other institutional investors own 22.46% of the company’s stock.

Vizsla Silver Stock Performance

Shares of NYSE:VZLA opened at $2.02 on Friday. Vizsla Silver Corp. has a one year low of $0.96 and a one year high of $2.21. The stock has a market cap of $548.89 million, a PE ratio of -40.40 and a beta of 0.97. The business’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $1.74.

Vizsla Silver (NYSE:VZLA) last announced its earnings results on Thursday, September 12th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). As a group, equities research analysts predict that Vizsla Silver Corp. will post -0.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. CIBC boosted their target price on Vizsla Silver from $3.50 to $4.50 and gave the stock an “outperformer” rating in a research report on Monday, July 29th. HC Wainwright increased their price objective on shares of Vizsla Silver from $3.50 to $3.75 and gave the company a “buy” rating in a research note on Thursday, July 25th.

Vizsla Silver Company Profile

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.