Traders Purchase Large Volume of Call Options on Vizsla Silver (NYSEAMERICAN:VZLA)

Vizsla Silver Corp. (NYSEAMERICAN:VZLA) was the recipient of some unusual options trading on Monday. Stock investors acquired 11,976 call options on the company. This represents an increase of approximately 53% compared to the average daily volume of 7,833 call options.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Integrity Alliance LLC. acquired a new position in shares of Vizsla Silver in the 4th quarter worth approximately $56,000. Caitong International Asset Management Co. Ltd grew its position in shares of Vizsla Silver by 10,764.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 10,321 shares of the company’s stock worth $56,000 after acquiring an additional 10,226 shares in the last quarter. Hohimer Wealth Management LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter worth approximately $47,000. StoneX Group Inc. acquired a new position in shares of Vizsla Silver in the 4th quarter worth approximately $60,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Vizsla Silver in the 3rd quarter worth approximately $50,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

Vizsla Silver Stock Up 5.2%

NYSEAMERICAN VZLA traded up $0.18 during mid-day trading on Monday, reaching $3.54. 1,724,165 shares of the company’s stock traded hands, compared to its average volume of 9,259,608. The company has a market cap of $1.24 billion, a price-to-earnings ratio of -10.08 and a beta of 1.04. The company has a fifty day simple moving average of $3.47 and a 200-day simple moving average of $4.35. The company has a current ratio of 65.89, a quick ratio of 65.89 and a debt-to-equity ratio of 0.66. Vizsla Silver has a 1-year low of $2.82 and a 1-year high of $7.19.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on VZLA shares. Canadian Imperial Bank of Commerce lowered Vizsla Silver from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. National Bank Financial lowered Vizsla Silver from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Vizsla Silver presently has a consensus rating of “Moderate Buy” and a consensus target price of $7.00.

Vizsla Silver Company 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.