Vizsla Silver (NYSE:VZLA) Now Covered by National Bank Financial

National Bank Financial began coverage on shares of Vizsla Silver (NYSE:VZLA) in a report published on Thursday morning, Marketbeat Ratings reports. The firm issued an outperform rating on the stock.

Vizsla Silver Price Performance

Vizsla Silver stock opened at $1.71 on Thursday. The stock’s 50 day moving average is $1.94 and its 200 day moving average is $1.90. Vizsla Silver has a one year low of $1.07 and a one year high of $2.40. The firm has a market cap of $476.67 million, a P/E ratio of -171.00 and a beta of 0.85.

Hedge Funds Weigh In On Vizsla Silver

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Accredited Investors Inc. acquired a new stake in Vizsla Silver during the 3rd quarter worth about $30,000. Sanctuary Advisors LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter valued at about $37,000. Tidal Investments LLC bought a new stake in shares of Vizsla Silver during the 3rd quarter valued at about $38,000. Virtu Financial LLC acquired a new stake in Vizsla Silver during the third quarter worth approximately $81,000. Finally, Quantbot Technologies LP increased its holdings in Vizsla Silver by 142.9% in the third quarter. Quantbot Technologies LP now owns 47,717 shares of the company’s stock worth $92,000 after purchasing an additional 28,072 shares in the last quarter. Institutional investors and hedge funds own 22.46% of the company’s stock.

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.