Franklin Resources Inc. Cuts Position in Vizsla Silver Corp. (NYSE:VZLA)

Franklin Resources Inc. reduced its position in shares of Vizsla Silver Corp. (NYSE:VZLA) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,226,000 shares of the company’s stock after selling 400,000 shares during the period. Franklin Resources Inc. owned about 0.06% of Vizsla Silver worth $34,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of VZLA. Van ECK Associates Corp acquired a new position in shares of Vizsla Silver in the third quarter valued at approximately $18,528,000. Equinox Partners Investment Management LLC boosted its position in Vizsla Silver by 11.5% in the 3rd quarter. Equinox Partners Investment Management LLC now owns 5,991,600 shares of the company’s stock valued at $11,474,000 after buying an additional 619,600 shares during the period. Raffles Associates LP grew its stake in shares of Vizsla Silver by 111.7% in the third quarter. Raffles Associates LP now owns 1,694,010 shares of the company’s stock worth $3,252,000 after acquiring an additional 893,700 shares in the last quarter. Jane Street Group LLC increased its position in shares of Vizsla Silver by 2,412.1% during the third quarter. Jane Street Group LLC now owns 1,208,989 shares of the company’s stock worth $2,321,000 after acquiring an additional 1,160,863 shares during the period. Finally, U S Global Investors Inc. raised its stake in shares of Vizsla Silver by 17.7% in the third quarter. U S Global Investors Inc. now owns 1,075,000 shares of the company’s stock valued at $2,058,000 after acquiring an additional 162,000 shares in the last quarter. 22.46% of the stock is owned by institutional investors and hedge funds.

Vizsla Silver Trading Down 4.8 %

NYSE:VZLA opened at $1.77 on Thursday. The stock has a fifty day moving average price of $1.95 and a 200 day moving average price of $1.90. Vizsla Silver Corp. has a 12-month low of $1.07 and a 12-month high of $2.40. The firm has a market cap of $493.39 million, a PE ratio of -177.00 and a beta of 0.85.

Vizsla Silver Company Profile

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.