Jupiter Asset Management Ltd. Raises Holdings in Vizsla Silver Corp. $VZLA

Jupiter Asset Management Ltd. boosted its stake in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 34.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,013,434 shares of the company’s stock after buying an additional 2,545,216 shares during the period. Jupiter Asset Management Ltd.’s holdings in Vizsla Silver were worth $54,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of Vizsla Silver by 29.3% during the 4th quarter. Geode Capital Management LLC now owns 243,550 shares of the company’s stock worth $1,365,000 after purchasing an additional 55,157 shares during the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Vizsla Silver during the fourth quarter valued at about $56,000. Themes Management Co LLC bought a new stake in shares of Vizsla Silver in the 4th quarter valued at about $251,000. Mizuho Markets Americas LLC bought a new position in shares of Vizsla Silver during the 4th quarter worth approximately $10,097,000. Finally, Auxano Advisors LLC purchased a new stake in Vizsla Silver during the fourth quarter valued at approximately $629,000. 22.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on VZLA. National Bank Financial downgraded Vizsla Silver from an “outperform” rating to a “sector perform” rating in a report on Tuesday, February 10th. Canadian Imperial Bank of Commerce downgraded Vizsla Silver from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $7.00.

Vizsla Silver Price Performance

NYSEAMERICAN:VZLA opened at $3.78 on Friday. The stock has a 50 day moving average of $3.39 and a two-hundred day moving average of $4.38. The company has a current ratio of 65.89, a quick ratio of 65.89 and a debt-to-equity ratio of 0.66. The firm has a market cap of $1.32 billion, a P/E ratio of -10.80 and a beta of 1.00. Vizsla Silver Corp. has a 12 month low of $2.77 and a 12 month high of $7.19.

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.