Vizsla Silver Corp. $VZLA Stock Holdings Lifted by Fourth Sail Capital LP

Fourth Sail Capital LP increased its holdings in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 42.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,166,612 shares of the company’s stock after buying an additional 1,834,712 shares during the quarter. Vizsla Silver accounts for about 5.4% of Fourth Sail Capital LP’s portfolio, making the stock its 6th largest position. Fourth Sail Capital LP’s holdings in Vizsla Silver were worth $33,731,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Millennium Management LLC grew its stake 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 valued at $6,666,000 after purchasing an additional 2,700,887 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vizsla Silver by 95.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 104,711 shares of the company’s stock valued at $308,000 after purchasing an additional 51,126 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Vizsla Silver during the 2nd quarter valued at about $342,000. Walleye Capital LLC purchased a new stake in Vizsla Silver during the 2nd quarter valued at about $650,000. Finally, Amundi grew its stake in Vizsla Silver by 44.4% during the 2nd quarter. Amundi now owns 3,250,000 shares of the company’s stock valued at $9,685,000 after purchasing an additional 1,000,000 shares during the last quarter. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce downgraded Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $7.00.

Vizsla Silver Stock Performance

Shares of VZLA stock opened at $3.59 on Friday. The stock has a market cap of $1.26 billion, a PE ratio of -10.26 and a beta of 1.04. The business has a 50-day simple moving average of $3.49 and a 200-day simple moving average of $4.32. The company has a quick ratio of 65.89, a current ratio of 65.89 and a debt-to-equity ratio of 0.66. Vizsla Silver Corp. has a 52-week low of $2.82 and a 52-week high of $7.19.

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.