Roth Capital Analysts Decrease Earnings Estimates for Vizsla Silver Corp. (NYSE:VZLA)

Vizsla Silver Corp. (NYSE:VZLA) – Analysts at Roth Capital cut their FY2024 earnings per share estimates for shares of Vizsla Silver in a research note issued on Thursday, April 11th. Roth Capital analyst M. Niehuser now anticipates that the company will post earnings of ($0.06) per share for the year, down from their prior estimate of ($0.05). The consensus estimate for Vizsla Silver’s current full-year earnings is ($0.05) per share. Roth Capital also issued estimates for Vizsla Silver’s Q4 2024 earnings at ($0.01) EPS.

Vizsla Silver (NYSE:VZLA) last released its quarterly earnings results on Wednesday, March 13th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01).

Separately, HC Wainwright restated a “buy” rating and set a $3.25 target price on shares of Vizsla Silver in a research report on Thursday, March 21st.

Vizsla Silver Trading Up 0.7 %

NYSE VZLA opened at $1.43 on Monday. The business’s 50-day moving average price is $1.28 and its two-hundred day moving average price is $1.21. Vizsla Silver has a 12 month low of $0.94 and a 12 month high of $1.68. The firm has a market capitalization of $331.60 million, a PE ratio of -28.60 and a beta of 0.84.

Hedge Funds Weigh In On Vizsla Silver

Several institutional investors and hedge funds have recently bought and sold shares of VZLA. JPMorgan Chase & Co. boosted its holdings in shares of Vizsla Silver by 29.0% in the fourth quarter. JPMorgan Chase & Co. now owns 162,400 shares of the company’s stock worth $187,000 after acquiring an additional 36,500 shares during the period. Millennium Management LLC bought a new position in shares of Vizsla Silver in the fourth quarter worth $337,000. Sprott Inc. boosted its holdings in shares of Vizsla Silver by 124.1% in the fourth quarter. Sprott Inc. now owns 11,356,422 shares of the company’s stock worth $13,007,000 after acquiring an additional 6,288,598 shares during the period. Raffles Associates LP bought a new position in shares of Vizsla Silver in the fourth quarter worth $230,000. Finally, FMR LLC bought a new position in shares of Vizsla Silver in the first quarter worth $7,275,000. 22.46% of the stock is owned by institutional investors.

About Vizsla Silver

Vizsla Silver Corp. engages in the exploration, and development of precious and base metal assets. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco Project covering an area of 7,189.5 hectares located in located in southern Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.