Vizsla Silver (NYSE:VZLA) Earns Outperform Rating from Analysts at National Bank Financial

National Bank Financial assumed coverage on shares of Vizsla Silver (NYSE:VZLA) in a report published on Thursday, Marketbeat.com reports. The brokerage issued an outperform rating on the stock.

Vizsla Silver Trading Up 3.5 %

Shares of NYSE VZLA opened at $1.77 on Thursday. The company has a market capitalization of $493.39 million, a price-to-earnings ratio of -177.00 and a beta of 0.85. Vizsla Silver has a twelve month low of $1.07 and a twelve month high of $2.40. The firm has a 50-day moving average of $1.93 and a two-hundred day moving average of $1.90.

Institutional Trading of Vizsla Silver

Several hedge funds have recently added to or reduced their stakes in VZLA. Integrated Wealth Concepts LLC lifted its holdings in shares of Vizsla Silver by 29.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 52,117 shares of the company’s stock valued at $100,000 after purchasing an additional 11,728 shares during the last quarter. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver in the 3rd quarter valued at about $30,000. Tidal Investments LLC acquired a new stake in shares of Vizsla Silver in the 3rd quarter valued at about $38,000. Sanctuary Advisors LLC purchased a new position in Vizsla Silver during the 3rd quarter worth approximately $37,000. Finally, Oxbow Advisors LLC increased its position in Vizsla Silver by 39.5% during the third quarter. Oxbow Advisors LLC now owns 86,120 shares of the company’s stock worth $165,000 after buying an additional 24,390 shares during the period. Institutional investors own 22.46% of the company’s stock.

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.