FY2023 Earnings Forecast for Vizsla Silver Corp. Issued By HC Wainwright (NYSE:VZLA)

Posted by on Jun 26th, 2023

Vizsla Silver Corp. (NYSE:VZLA – Get Rating) – HC Wainwright raised their FY2023 earnings per share (EPS) estimates for Vizsla Silver in a note issued to investors on Thursday, June 22nd. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.05) for the year, up from their prior forecast of ($0.06). The consensus estimate for Vizsla Silver’s current full-year earnings is ($0.05) per share.

Separately, Alliance Global Partners assumed coverage on shares of Vizsla Silver in a report on Wednesday, May 17th. They issued a “buy” rating and a $3.25 target price on the stock.

Vizsla Silver Trading Down 1.6 %

Shares of VZLA opened at $1.16 on Monday. Vizsla Silver has a 12-month low of $0.91 and a 12-month high of $1.65. The company has a market capitalization of $210.42 million, a PE ratio of -19.35 and a beta of 0.85. The business’s 50 day moving average is $1.31 and its 200 day moving average is $1.30.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VZLA. Renaissance Technologies LLC bought a new position in Vizsla Silver during the first quarter valued at $25,000. FNY Investment Advisers LLC raised its position in Vizsla Silver by 13.3% during the fourth quarter. FNY Investment Advisers LLC now owns 85,000 shares of the company’s stock valued at $97,000 after purchasing an additional 10,000 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Vizsla Silver by 29.0% in the 4th quarter. JPMorgan Chase & Co. now owns 162,400 shares of the company’s stock valued at $187,000 after purchasing an additional 36,500 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Vizsla Silver by 1,045.8% in the 1st quarter. Jane Street Group LLC now owns 149,241 shares of the company’s stock worth $227,000 after purchasing an additional 136,216 shares during the period. Finally, Raffles Associates LP purchased a new stake in Vizsla Silver during the 4th quarter valued at $230,000. 24.85% of the stock is owned by hedge funds and other institutional investors.

Vizsla Silver Company Profile

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Vizsla Silver Corp. engages in the acquisition, exploration, and development of precious and base metal assets. The company explores for gold, silver, and coper deposits. Its flagship project is the Panuco-Copala silver gold district located in Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.

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