Vizsla Silver (NYSE:VZLA) PT Raised to $4.75 at Canaccord Genuity Group

Vizsla Silver (NYSE:VZLA) had its target price hoisted by Canaccord Genuity Group from $4.00 to $4.75 in a research note published on Tuesday morning, Benzinga reports. The firm currently has a speculative buy rating on the stock.

Separately, HC Wainwright reiterated a buy rating and issued a $3.25 price objective on shares of Vizsla Silver in a report on Thursday, March 21st.

Vizsla Silver Trading Up 0.7 %

VZLA opened at $1.35 on Tuesday. The stock has a 50-day moving average price of $1.28 and a 200-day moving average price of $1.22. Vizsla Silver has a 12-month low of $0.94 and a 12-month high of $1.68.

Vizsla Silver (NYSE:VZLA) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). On average, research analysts anticipate that Vizsla Silver will post -0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vizsla Silver

Several institutional investors have recently bought and sold shares of the stock. New Harbor Financial Group LLC purchased a new stake in Vizsla Silver during the 3rd quarter valued at about $36,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Vizsla Silver by 2.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,009,458 shares of the company’s stock valued at $4,330,000 after acquiring an additional 78,941 shares during the period. Sprott Inc. boosted its holdings in Vizsla Silver by 6.0% during the 4th quarter. Sprott Inc. now owns 15,950,585 shares of the company’s stock valued at $20,207,000 after acquiring an additional 897,430 shares during the period. Mackenzie Financial Corp purchased a new stake in Vizsla Silver during the 4th quarter valued at about $1,360,000. Finally, Equinox Partners Investment Management LLC purchased a new stake in Vizsla Silver during the 1st quarter valued at about $7,023,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

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.