Renaissance Technologies LLC Has $452,000 Stock Position in Vizsla Silver Corp. (NYSE:VZLA)

Renaissance Technologies LLC lowered its stake in Vizsla Silver Corp. (NYSE:VZLA) by 4.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 252,600 shares of the company’s stock after selling 12,400 shares during the quarter. Renaissance Technologies LLC owned approximately 0.10% of Vizsla Silver worth $452,000 as of its most recent SEC filing.

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

Vizsla Silver Stock Performance

Vizsla Silver stock opened at $2.02 on Friday. The stock has a market cap of $548.89 million, a PE ratio of -40.40 and a beta of 0.97. The firm’s 50-day simple moving average is $1.93 and its 200 day simple moving average is $1.74. Vizsla Silver Corp. has a fifty-two week low of $0.96 and a fifty-two week high of $2.21.

Vizsla Silver (NYSE:VZLA) last announced its quarterly earnings data 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, analysts predict that Vizsla Silver Corp. will post -0.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VZLA has been the topic of a number of research reports. CIBC upped their price target on Vizsla Silver from $3.50 to $4.50 and gave the stock an “outperformer” rating in a research note on Monday, July 29th. HC Wainwright boosted their price target 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.