Vizsla Silver (NYSEAMERICAN:VZLA) Cut to Sector Perform at National Bank Financial

Vizsla Silver (NYSEAMERICAN:VZLA) was downgraded by equities research analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued on Wednesday.

A number of other equities analysts also recently issued reports on the company. Raymond James Financial restated an “outperform” rating on shares of Vizsla Silver in a research report on Wednesday, January 14th. Roth Mkm increased their target price on shares of Vizsla Silver from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. National Bankshares lowered shares of Vizsla Silver from an “outperform” rating to a “sector perform” rating in a report on Tuesday. Finally, Cantor Fitzgerald started coverage on shares of Vizsla Silver in a research report on Monday, December 22nd. They issued a “buy” rating and a $7.00 price target on the stock. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $7.00.

Vizsla Silver Stock Up 0.5%

Shares of Vizsla Silver stock opened at $4.10 on Wednesday. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of -102.50 and a beta of 0.93. Vizsla Silver has a twelve month low of $1.69 and a twelve month high of $7.19. The company’s fifty day moving average is $5.53 and its 200 day moving average is $4.53.

Hedge Funds Weigh In On Vizsla Silver

A number of institutional investors and hedge funds have recently modified their holdings of VZLA. Bogart Wealth LLC acquired a new stake in shares of Vizsla Silver during the 3rd quarter worth approximately $26,000. Integrity Alliance LLC. acquired a new position in shares of Vizsla Silver during the 4th quarter valued at $56,000. Hohimer Wealth Management LLC bought a new position in Vizsla Silver during the third quarter worth $47,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Vizsla Silver in the third quarter worth $50,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Vizsla Silver in the third quarter valued at $50,000. 22.46% of the stock is currently owned by institutional investors.

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.