Vizsla Silver (NYSE:VZLA) Stock Price Expected to Rise, Roth Mkm Analyst Says

Vizsla Silver (NYSE:VZLA) had its price target hoisted by equities researchers at Roth Mkm from $3.00 to $3.25 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Roth Mkm’s target price would suggest a potential upside of 59.31% from the company’s previous close.

Separately, National Bank Financial assumed coverage on shares of Vizsla Silver in a research note on Thursday, December 19th. They issued an “outperform” rating on the stock. Four analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $4.06.

Vizsla Silver Stock Performance

Shares of VZLA opened at $2.04 on Friday. Vizsla Silver has a one year low of $1.07 and a one year high of $2.39. The stock has a market cap of $568.65 million, a P/E ratio of -204.00 and a beta of 0.86. The stock has a 50-day moving average of $1.83 and a two-hundred day moving average of $1.91.

Institutional Investors Weigh In On Vizsla Silver

Large investors have recently bought and sold shares of the stock. Accredited Investors Inc. purchased a new stake in shares of Vizsla Silver during the 3rd quarter worth $30,000. Sanctuary Advisors LLC acquired a new stake in Vizsla Silver in the third quarter valued at $37,000. Tidal Investments LLC purchased a new stake in Vizsla Silver during the 3rd quarter worth about $38,000. Virtu Financial LLC acquired a new position in shares of Vizsla Silver during the 3rd quarter worth about $81,000. Finally, Quantbot Technologies LP lifted its stake in Vizsla Silver by 142.9% during 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 during the last quarter. Hedge funds and other institutional investors own 22.46% of the company’s stock.

Vizsla Silver Company 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.