Vizsla Silver (NYSEAMERICAN:VZLA) Shares Gap Down – Here’s What Happened

Vizsla Silver Corp. (NYSEAMERICAN:VZLA)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.30, but opened at $4.13. Vizsla Silver shares last traded at $4.0310, with a volume of 748,857 shares traded.

Vizsla Silver Price Performance

The company has a 50-day moving average price of $3.71 and a 200-day moving average price of $3.54. The firm has a market capitalization of $1.41 billion, a P/E ratio of -23.50 and a beta of 1.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 55.18 and a current ratio of 55.18.

Institutional Trading of Vizsla Silver

A number of large investors have recently made changes to their positions in VZLA. Tidal Investments LLC raised its position in shares of Vizsla Silver by 28.1% during the second quarter. Tidal Investments LLC now owns 25,691,653 shares of the company’s stock worth $84,782,000 after purchasing an additional 5,641,729 shares during the period. BTG Pactual Asset Management US LLC acquired a new position in shares of Vizsla Silver during the 2nd quarter worth about $764,000. Public Employees Retirement System of Ohio acquired a new position in Vizsla Silver during the second quarter valued at approximately $310,000. Ninepoint Partners LP bought a new position in shares of Vizsla Silver in the second quarter valued at $11,253,000. Finally, Rathbones Group PLC grew its position in shares of Vizsla Silver by 75.4% in the 1st quarter. Rathbones Group PLC now owns 32,100 shares of the company’s stock valued at $106,000 after acquiring an additional 13,800 shares during the period. Institutional investors own 22.46% of the company’s stock.

About Vizsla Silver

Vizsla Silver Corp. is a mineral exploration and development company focused on the acquisition, evaluation and advancement of precious-metals properties. Its primary focus is silver and gold, with activities centered on exploration, resource evaluation, project development and related technical studies rather than the operation of a producing mine.

The company’s flagship asset is the 100%-owned Panuco silver-gold project in Sinaloa, Mexico. The project covers a historic mining district with numerous epithermal vein systems and existing infrastructure, and Vizsla is conducting drilling, geological studies and development work to evaluate its mineralization and potential for future production.

Vizsla Silver was previously known as Vizsla Resources Corp.