The Manufacturers Life Insurance Company Boosts Stock Holdings in Vizsla Silver Corp. $VZLA

The Manufacturers Life Insurance Company lifted its position in Vizsla Silver Corp. (NYSEAMERICAN:VZLA) by 30.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,492,460 shares of the company’s stock after purchasing an additional 348,686 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vizsla Silver were worth $4,933,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VZLA. Baader Bank Aktiengesellschaft purchased a new position in shares of Vizsla Silver in the first quarter valued at $41,000. Quantinno Capital Management LP purchased a new stake in Vizsla Silver during the first quarter valued at $44,000. Schonfeld Strategic Advisors LLC bought a new position in Vizsla Silver during the third quarter valued at $50,000. Dynamic Technology Lab Private Ltd bought a new position in Vizsla Silver during the third quarter valued at $54,000. Finally, Integrity Alliance LLC. purchased a new position in shares of Vizsla Silver in the 4th quarter worth $56,000. 22.46% of the stock is owned by institutional investors.

Vizsla Silver Stock Performance

Vizsla Silver stock opened at $3.53 on Friday. The company’s 50-day moving average price is $3.37 and its 200-day moving average price is $3.74. Vizsla Silver Corp. has a twelve month low of $2.88 and a twelve month high of $7.19. The company has a quick ratio of 32.32, a current ratio of 32.32 and a debt-to-equity ratio of 0.55. The company has a market cap of $1.25 billion, a PE ratio of -32.09 and a beta of 1.07.

Vizsla Silver 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.