Jane Street Group LLC Buys 1,160,863 Shares of Vizsla Silver Corp. (NYSE:VZLA)

Jane Street Group LLC raised its stake in Vizsla Silver Corp. (NYSE:VZLA) by 2,412.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,208,989 shares of the company’s stock after purchasing an additional 1,160,863 shares during the period. Jane Street Group LLC owned 0.43% of Vizsla Silver worth $2,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp purchased a new stake in Vizsla Silver during the third quarter valued at approximately $18,528,000. The Manufacturers Life Insurance Company purchased a new position in Vizsla Silver during the 3rd quarter worth $1,916,000. Raffles Associates LP increased its position in Vizsla Silver by 111.7% during the 3rd quarter. Raffles Associates LP now owns 1,694,010 shares of the company’s stock valued at $3,252,000 after buying an additional 893,700 shares in the last quarter. Equinox Partners Investment Management LLC raised its stake in Vizsla Silver by 11.5% in the third quarter. Equinox Partners Investment Management LLC now owns 5,991,600 shares of the company’s stock valued at $11,474,000 after buying an additional 619,600 shares during the last quarter. Finally, LGT Fund Management Co Ltd. purchased a new stake in Vizsla Silver in the second quarter valued at about $531,000. 22.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, National Bank Financial initiated coverage on shares of Vizsla Silver in a report on Thursday. They set an “outperform” rating on the stock.

Vizsla Silver Price Performance

NYSE VZLA opened at $1.77 on Monday. The company has a market cap of $493.39 million, a price-to-earnings ratio of -177.00 and a beta of 0.85. The stock’s fifty day moving average price is $1.93 and its 200 day moving average price is $1.90. Vizsla Silver Corp. has a 1 year low of $1.07 and a 1 year high of $2.40.

Vizsla Silver 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.