K.J. Harrison & Partners Inc Has $1.98 Million Position in Vizsla Silver Corp. $VZLA

K.J. Harrison & Partners Inc reduced its stake in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 44.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 361,500 shares of the company’s stock after selling 290,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Vizsla Silver were worth $1,983,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Sprott Inc. boosted its holdings in shares of Vizsla Silver by 1.4% during the third quarter. Sprott Inc. now owns 22,851,053 shares of the company’s stock worth $98,691,000 after purchasing an additional 306,900 shares during the period. Tidal Investments LLC lifted its stake in Vizsla Silver by 72.8% in the third quarter. Tidal Investments LLC now owns 14,435,320 shares of the company’s stock valued at $62,361,000 after acquiring an additional 6,080,923 shares during the last quarter. Van ECK Associates Corp lifted its stake in Vizsla Silver by 41.7% in the third quarter. Van ECK Associates Corp now owns 13,587,661 shares of the company’s stock valued at $58,698,000 after acquiring an additional 4,001,170 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Vizsla Silver by 38.0% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,395,079 shares of the company’s stock valued at $49,220,000 after acquiring an additional 3,139,086 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Vizsla Silver by 274.5% in the second quarter. Bank of America Corp DE now owns 8,022,629 shares of the company’s stock valued at $23,587,000 after acquiring an additional 5,880,575 shares during the last quarter. 22.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Vizsla Silver Trading Up 7.1%

NYSEAMERICAN:VZLA opened at $3.46 on Thursday. Vizsla Silver Corp. has a 12 month low of $2.23 and a 12 month high of $7.19. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -9.89 and a beta of 1.00. The company has a quick ratio of 65.89, a current ratio of 65.89 and a debt-to-equity ratio of 0.66. The company’s 50 day moving average is $3.53 and its 200-day moving average is $4.44.

Vizsla Silver 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.