120,000 Shares in Vizsla Silver Corp. (NYSE:VZLA) Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. bought a new stake in Vizsla Silver Corp. (NYSE:VZLA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 120,000 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds have also recently added to or reduced their stakes in VZLA. Accredited Investors Inc. purchased a new stake in Vizsla Silver during the third quarter valued at about $30,000. Sanctuary Advisors LLC acquired a new stake in shares of Vizsla Silver during the third quarter valued at approximately $37,000. Tidal Investments LLC purchased a new stake in shares of Vizsla Silver in the 3rd quarter valued at approximately $38,000. Virtu Financial LLC acquired a new position in Vizsla Silver in the 3rd quarter worth approximately $81,000. Finally, Quantbot Technologies LP grew its position in Vizsla Silver by 142.9% during the 3rd quarter. Quantbot Technologies LP now owns 47,717 shares of the company’s stock worth $92,000 after purchasing an additional 28,072 shares in the last quarter. Institutional investors own 22.46% of the company’s stock.

Analyst Upgrades and Downgrades

VZLA has been the topic of a number of research analyst reports. Roth Mkm lifted their price target on Vizsla Silver from $3.00 to $3.25 and gave the company a “buy” rating in a report on Friday, January 10th. BMO Capital Markets initiated coverage on Vizsla Silver in a research note on Friday, January 24th. They set an “outperform” rating on the stock. Finally, National Bank Financial assumed coverage on shares of Vizsla Silver in a research report on Thursday, December 19th. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $4.06.

Vizsla Silver Stock Performance

Shares of NYSE VZLA opened at $2.06 on Friday. Vizsla Silver Corp. has a 1-year low of $1.07 and a 1-year high of $2.39. The company has a 50-day moving average of $1.87 and a two-hundred day moving average of $1.93. The company has a market cap of $574.23 million, a PE ratio of -206.00 and a beta of 0.86.

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.