Equinox Partners Investment Management LLC Has $19.15 Million Position in Vizsla Silver Corp. $VZLA

Equinox Partners Investment Management LLC trimmed its position in Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 41.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,494,700 shares of the company’s stock after selling 2,496,900 shares during the period. Vizsla Silver accounts for 10.0% of Equinox Partners Investment Management LLC’s investment portfolio, making the stock its 6th biggest position. Equinox Partners Investment Management LLC owned about 1.00% of Vizsla Silver worth $19,148,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VZLA. Hohimer Wealth Management LLC bought a new position in Vizsla Silver in the 3rd quarter valued at $47,000. Schonfeld Strategic Advisors LLC bought a new position in Vizsla Silver in the 3rd quarter valued at $50,000. Swiss Life Asset Management Ltd bought a new position in Vizsla Silver in the 3rd quarter valued at $53,000. Dynamic Technology Lab Private Ltd bought a new position in Vizsla Silver in the 3rd quarter valued at $54,000. Finally, Integrity Alliance LLC. bought a new position in Vizsla Silver in the 4th quarter valued at $56,000. 22.46% of the stock is owned by institutional investors.

Vizsla Silver Stock Performance

Vizsla Silver stock opened at $3.58 on Thursday. The firm’s fifty day moving average price is $3.51 and its 200-day moving average price is $4.30. The company has a debt-to-equity ratio of 0.66, a quick ratio of 65.89 and a current ratio of 65.89. The stock has a market cap of $1.26 billion, a P/E ratio of -10.23 and a beta of 1.04. Vizsla Silver Corp. has a fifty-two week low of $2.82 and a fifty-two week high of $7.19.

Wall Street Analyst Weigh In

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

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.