Ninepoint Partners LP Invests $11.25 Million in Vizsla Silver Corp. $VZLA

Ninepoint Partners LP purchased a new position in shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,410,000 shares of the company’s stock, valued at approximately $11,253,000. Vizsla Silver comprises about 0.9% of Ninepoint Partners LP’s investment portfolio, making the stock its 19th largest position. Ninepoint Partners LP owned 0.96% of Vizsla Silver as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in Vizsla Silver by 10.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 26,310 shares of the company’s stock worth $114,000 after buying an additional 2,410 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Vizsla Silver by 20.5% during the fourth quarter. Swiss Life Asset Management Ltd now owns 14,681 shares of the company’s stock valued at $80,000 after acquiring an additional 2,498 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in shares of Vizsla Silver by 18.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 58,466 shares of the company’s stock valued at $321,000 after acquiring an additional 9,264 shares in the last quarter. OneAscent Financial Services LLC lifted its position in shares of Vizsla Silver by 50.0% in the fourth 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of Vizsla Silver by 10,764.2% in the fourth 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 during the last quarter. 22.46% of the stock is owned by hedge funds and other institutional investors.

Vizsla Silver Stock Down 0.5%

NYSEAMERICAN VZLA opened at $3.87 on Friday. The business has a fifty day moving average price of $3.39 and a 200 day moving average price of $3.56. Vizsla Silver Corp. has a one year low of $2.88 and a one year high of $7.19. The company has a debt-to-equity ratio of 0.55, a quick ratio of 32.32 and a current ratio of 32.32. The company has a market cap of $1.37 billion, a P/E ratio of -35.18 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.