Vizsla Silver Sees Unusually High Options Volume (NYSEAMERICAN:VZLA)

Vizsla Silver Corp. (NYSEAMERICAN:VZLA) was the recipient of unusually large options trading activity on Wednesday. Traders acquired 10,437 call options on the stock. This is an increase of 122% compared to the average volume of 4,707 call options.

Vizsla Silver Stock Performance

VZLA opened at $3.24 on Friday. Vizsla Silver has a twelve month low of $2.88 and a twelve month high of $7.19. The firm has a market capitalization of $1.15 billion, a PE ratio of -29.45 and a beta of 1.06. The company has a current ratio of 32.32, a quick ratio of 65.89 and a debt-to-equity ratio of 0.55. The firm’s 50-day moving average price is $3.40 and its 200 day moving average price is $3.92.

Institutional Investors Weigh In On Vizsla Silver

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Baader Bank Aktiengesellschaft acquired a new position in Vizsla Silver during the first quarter worth $41,000. Quantinno Capital Management LP purchased a new stake in Vizsla Silver in the 1st quarter valued at $44,000. J. Derek Lewis & Associates Inc. acquired a new stake in shares of Vizsla Silver in the 1st quarter worth $46,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Vizsla Silver in the 3rd quarter worth $50,000. Finally, Swiss Life Asset Management Ltd purchased a new position in shares of Vizsla Silver during the 3rd quarter worth $53,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

About Vizsla Silver

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.