Stock Traders Buy Large Volume of Call Options on Vizsla Silver (NYSEAMERICAN:VZLA)

Vizsla Silver Corp. (NYSEAMERICAN:VZLA) was the recipient of unusually large options trading activity on Wednesday. Investors acquired 11,180 call options on the company. This is an increase of 133% compared to the typical volume of 4,790 call options.

Institutional Trading of Vizsla Silver

Several institutional investors and hedge funds have recently made changes to their positions in VZLA. Baader Bank Aktiengesellschaft purchased a new position in Vizsla Silver during the first quarter valued at $41,000. Quantinno Capital Management LP bought a new position in shares of Vizsla Silver during the first quarter valued at $44,000. J. Derek Lewis & Associates Inc. bought a new position in shares of Vizsla Silver during the first quarter valued at $46,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Vizsla Silver in the 3rd quarter worth about $50,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Vizsla Silver in the 3rd quarter worth about $54,000. Hedge funds and other institutional investors own 22.46% of the company’s stock.

Vizsla Silver Trading Up 7.5%

Shares of VZLA traded up $0.29 during trading hours on Wednesday, hitting $4.15. 3,517,661 shares of the stock were exchanged, compared to its average volume of 7,921,784. Vizsla Silver has a fifty-two week low of $2.88 and a fifty-two week high of $7.19. The company has a debt-to-equity ratio of 0.55, a current ratio of 32.32 and a quick ratio of 32.32. The business has a 50-day moving average of $3.46 and a 200-day moving average of $3.53. The firm has a market capitalization of $1.47 billion, a P/E ratio of -37.68 and a beta of 1.10.

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.