Trek Financial LLC Purchases 573,826 Shares of Vizsla Silver Corp. $VZLA

Trek Financial LLC increased its position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 66.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,443,076 shares of the company’s stock after purchasing an additional 573,826 shares during the period. Trek Financial LLC owned approximately 0.42% of Vizsla Silver worth $7,894,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VZLA. Millennium Management LLC increased its position in Vizsla Silver by 1,165.0% during the 1st 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 during the period. JPMorgan Chase & Co. boosted its position in shares of Vizsla Silver by 95.4% in the second quarter. JPMorgan Chase & Co. now owns 104,711 shares of the company’s stock valued at $308,000 after acquiring an additional 51,126 shares during the period. Quantbot Technologies LP acquired a new position in shares of Vizsla Silver in the second quarter valued at about $342,000. Walleye Capital LLC bought a new position in Vizsla Silver during the second quarter worth about $650,000. Finally, Amundi increased its position in Vizsla Silver by 44.4% during the second quarter. Amundi now owns 3,250,000 shares of the company’s stock worth $9,685,000 after acquiring an additional 1,000,000 shares during the period. 22.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VZLA has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce downgraded shares of Vizsla Silver from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Raymond James Financial reaffirmed an “outperform” rating on shares of Vizsla Silver in a report on Wednesday, January 14th. Finally, National Bank Financial downgraded shares of Vizsla Silver from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $7.00.

Vizsla Silver Stock Performance

VZLA opened at $3.73 on Tuesday. The firm has a market cap of $1.30 billion, a P/E ratio of -10.66 and a beta of 1.00. Vizsla Silver Corp. has a 52-week low of $2.24 and a 52-week high of $7.19. The company has a debt-to-equity ratio of 0.66, a quick ratio of 65.89 and a current ratio of 65.89. The business’s fifty day moving average is $3.50 and its 200-day moving average is $4.42.

Vizsla Silver Company Profile

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.