Bastion Asset Management Inc. Invests $8.66 Million in Vizsla Silver Corp. $VZLA

Bastion Asset Management Inc. bought a new stake in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 2,542,937 shares of the company’s stock, valued at approximately $8,658,000. Vizsla Silver makes up 2.7% of Bastion Asset Management Inc.’s portfolio, making the stock its 8th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in Vizsla Silver during the fourth quarter worth about $5,470,000. Trek Financial LLC grew its stake in shares of Vizsla Silver by 66.0% in the 4th quarter. Trek Financial LLC now owns 1,443,076 shares of the company’s stock valued at $7,894,000 after purchasing an additional 573,826 shares during the period. NewGen Asset Management Ltd bought a new stake in shares of Vizsla Silver in the 4th quarter valued at approximately $4,923,000. CIBC Asset Management Inc acquired a new position in shares of Vizsla Silver in the 4th quarter worth approximately $1,747,000. Finally, Fourth Sail Capital LP raised its holdings in shares of Vizsla Silver by 42.4% in the 4th quarter. Fourth Sail Capital LP now owns 6,166,612 shares of the company’s stock worth $33,731,000 after buying an additional 1,834,712 shares in the last quarter. Institutional investors own 22.46% of the company’s stock.

Vizsla Silver Price Performance

Vizsla Silver stock opened at $3.07 on Friday. The business has a 50 day simple moving average of $3.45 and a 200 day simple moving average of $4.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.89 and a quick ratio of 65.89. The company has a market capitalization of $1.09 billion, a PE ratio of -8.77 and a beta of 1.06. Vizsla Silver Corp. has a one year low of $2.88 and a one year high of $7.19.

About Vizsla Silver

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.