Vizsla Silver Corp. $VZLA Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. grew its position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 115.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,000 shares of the company’s stock after purchasing an additional 115,000 shares during the period. D.A. Davidson & CO. owned approximately 0.06% of Vizsla Silver worth $632,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Privium Fund Management B.V. raised its stake in shares of Vizsla Silver by 30.3% during the second quarter. Privium Fund Management B.V. now owns 250,790 shares of the company’s stock valued at $732,000 after purchasing an additional 58,303 shares during the period. TD Asset Management Inc lifted its stake in Vizsla Silver by 9.5% during the second quarter. TD Asset Management Inc now owns 334,031 shares of the company’s stock worth $984,000 after purchasing an additional 29,099 shares during the last quarter. Verde Servicos Internacionais S.A. bought a new position in Vizsla Silver during the second quarter worth $323,000. Triasima Portfolio Management inc. bought a new position in Vizsla Silver during the second quarter worth $1,546,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in Vizsla Silver in the second quarter valued at $30,000. Hedge funds and other institutional investors own 22.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on VZLA shares. Zacks Research cut shares of Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. Roth Capital reaffirmed a “buy” rating on shares of Vizsla Silver in a research note on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $3.25.

Vizsla Silver Trading Up 3.3%

Shares of NYSEAMERICAN VZLA opened at $4.10 on Wednesday. The business has a fifty day simple moving average of $4.06 and a 200 day simple moving average of $3.30. Vizsla Silver Corp. has a one year low of $1.67 and a one year high of $5.07. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -102.50 and a beta of 0.98.

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.