Verde Servicos Internacionais S.A. Buys Shares of 110,000 Vizsla Silver Corp. $VZLA

Verde Servicos Internacionais S.A. purchased a new position in Vizsla Silver Corp. (NYSEAMERICAN:VZLA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 110,000 shares of the company’s stock, valued at approximately $323,000.

Several other large investors have also recently made changes to their positions in the company. Sprott Inc. raised its stake in Vizsla Silver by 3.9% in the 1st quarter. Sprott Inc. now owns 23,703,712 shares of the company’s stock valued at $54,084,000 after purchasing an additional 898,246 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Vizsla Silver by 83.7% during the first quarter. Mackenzie Financial Corp now owns 7,647,130 shares of the company’s stock worth $17,482,000 after buying an additional 3,484,743 shares in the last quarter. Jupiter Asset Management Ltd. raised its position in shares of Vizsla Silver by 37.7% in the first quarter. Jupiter Asset Management Ltd. now owns 7,468,218 shares of the company’s stock valued at $17,072,000 after buying an additional 2,043,880 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Vizsla Silver by 11.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,053,156 shares of the company’s stock worth $13,837,000 after buying an additional 638,184 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Vizsla Silver by 1,165.0% in the first quarter. Millennium Management LLC now owns 2,932,731 shares of the company’s stock worth $6,666,000 after buying an additional 2,700,887 shares in the last quarter. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

Vizsla Silver Price Performance

Shares of VZLA opened at $4.50 on Friday. Vizsla Silver Corp. has a 1-year low of $1.67 and a 1-year high of $4.88. The stock has a market cap of $1.54 billion, a PE ratio of -112.50 and a beta of 0.98. The firm has a 50-day simple moving average of $3.76 and a two-hundred day simple moving average of $3.07.

Wall Street Analyst Weigh In

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

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.