Goldman Sachs Group Inc. Decreases Stock Holdings in Vizsla Silver Corp. $VZLA

Goldman Sachs Group Inc. reduced its position in Vizsla Silver Corp. (NYSE:VZLA) by 5.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 626,255 shares of the company’s stock after selling 37,790 shares during the quarter. Goldman Sachs Group Inc. owned about 0.21% of Vizsla Silver worth $1,422,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Accredited Investors Inc. acquired a new stake in shares of Vizsla Silver during the first quarter valued at about $35,000. Heck Capital Advisors LLC acquired a new position in Vizsla Silver during the fourth quarter worth $36,000. OMERS ADMINISTRATION Corp acquired a new position in Vizsla Silver during the first quarter worth $36,000. Two Sigma Advisers LP purchased a new stake in shares of Vizsla Silver in the 4th quarter valued at $55,000. Finally, Connective Capital Management LLC purchased a new stake in shares of Vizsla Silver in the 1st quarter valued at $68,000. 22.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on VZLA shares. Zacks Research lowered shares of Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. Roth Capital reiterated a “buy” rating on shares of Vizsla Silver in a report on Monday, September 8th. Finally, National Bank Financial raised Vizsla Silver to a “strong-buy” rating in a research report on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $3.25.

Vizsla Silver Price Performance

Vizsla Silver stock opened at $3.97 on Friday. The stock’s 50-day moving average is $3.45 and its 200-day moving average is $2.87. Vizsla Silver Corp. has a 12 month low of $1.67 and a 12 month high of $4.01. The company has a market cap of $1.36 billion, a price-to-earnings ratio of -397.00 and a beta of 0.94.

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.