Mackenzie Financial Corp Purchases Shares of 1,065,663 Vizsla Silver Corp. (NYSE:VZLA)

Mackenzie Financial Corp purchased a new stake in Vizsla Silver Corp. (NYSE:VZLA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,065,663 shares of the company’s stock, valued at approximately $1,360,000. Mackenzie Financial Corp owned 0.51% of Vizsla Silver at the end of the most recent reporting period.

Separately, New Harbor Financial Group LLC bought a new stake in shares of Vizsla Silver during the third quarter worth $36,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Trading Down 1.5 %

Vizsla Silver stock opened at $1.33 on Thursday. The business’s 50-day simple moving average is $1.28 and its 200 day simple moving average is $1.22. Vizsla Silver Corp. has a 12-month low of $0.94 and a 12-month high of $1.68.

Vizsla Silver (NYSE:VZLA) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). Equities research analysts forecast that Vizsla Silver Corp. will post -0.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VZLA shares. HC Wainwright reiterated a “buy” rating and issued a $3.25 price target on shares of Vizsla Silver in a report on Thursday, March 21st. Canaccord Genuity Group raised their price target on Vizsla Silver from $4.00 to $4.75 and gave the company a “speculative buy” rating in a report on Tuesday.

Vizsla Silver Company Profile

Vizsla Silver Corp. engages in the exploration, and development of precious and base metal assets. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco Project covering an area of 7,189.5 hectares located in located in southern Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.