HC Wainwright Raises Vizsla Silver (NYSE:VZLA) Price Target to $3.75

Posted by Stephan Jacobs on Jul 28th, 2024

Vizsla Silver (NYSE:VZLA – Free Report) had its target price upped by HC Wainwright from $3.50 to $3.75 in a research report sent to investors on Thursday, Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Vizsla Silver’s FY2025 earnings at ($0.05) EPS.

Separately, Canaccord Genuity Group boosted their price target on shares of Vizsla Silver from $4.00 to $4.75 and gave the company a speculative buy rating in a report on Tuesday, April 23rd.

Check Out Our Latest Research Report on VZLA

Vizsla Silver Price Performance

VZLA stock opened at $1.96 on Thursday. Vizsla Silver has a 1-year low of $0.94 and a 1-year high of $2.21. The firm has a fifty day moving average price of $1.80 and a two-hundred day moving average price of $1.50. The firm has a market cap of $473.95 million, a price-to-earnings ratio of -39.20 and a beta of 0.99.

Vizsla Silver (NYSE:VZLA – Get Free Report) last released its earnings results on Thursday, July 18th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). As a group, analysts expect that Vizsla Silver will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Vizsla Silver

Hedge funds and other institutional investors have recently modified their holdings of the company. Corundum Trust Company INC acquired a new stake in Vizsla Silver in the second quarter worth about $108,000. DNB Asset Management AS acquired a new stake in Vizsla Silver in the second quarter worth about $72,000. Virtu Financial LLC acquired a new stake in Vizsla Silver in the first quarter worth about $46,000. HTLF Bank acquired a new stake in Vizsla Silver in the first quarter worth about $40,000. Finally, Equinox Partners Investment Management LLC acquired a new stake in Vizsla Silver in the first quarter worth about $7,023,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Company Profile

(Get Free Report)

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.