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

Vizsla Silver Corp. (NYSEAMERICAN:VZLA) was the target of some unusual options trading on Wednesday. Investors bought 11,180 call options on the stock. This represents an increase of 133% compared to the average volume of 4,790 call options.

Vizsla Silver Price Performance

VZLA traded up $0.29 on Wednesday, hitting $4.15. 3,517,661 shares of the company’s stock traded hands, compared to its average volume of 7,921,784. The company’s 50 day simple moving average is $3.46 and its 200-day simple moving average is $3.53. The company has a current ratio of 32.32, a quick ratio of 32.32 and a debt-to-equity ratio of 0.55. Vizsla Silver has a one year low of $2.88 and a one year high of $7.19. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -37.68 and a beta of 1.10.

Institutional Investors Weigh In On Vizsla Silver

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its position in Vizsla Silver by 10.1% during the third quarter. Ameriprise Financial Inc. now owns 26,310 shares of the company’s stock valued at $114,000 after buying an additional 2,410 shares during the period. Swiss Life Asset Management Ltd boosted its stake in shares of Vizsla Silver by 20.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 14,681 shares of the company’s stock worth $80,000 after acquiring an additional 2,498 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Vizsla Silver by 18.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 58,466 shares of the company’s stock worth $321,000 after acquiring an additional 9,264 shares in the last quarter. OneAscent Financial Services LLC grew its position in shares of Vizsla Silver by 50.0% during the 4th quarter. OneAscent Financial Services LLC now owns 30,000 shares of the company’s stock valued at $164,000 after acquiring an additional 10,000 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its stake 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 valued at $56,000 after purchasing an additional 10,226 shares in the last quarter. Institutional investors own 22.46% of the company’s stock.

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.