Vizsla Silver (TSE:VZLA) Stock Price Up 3.1% – What’s Next?

Shares of Vizsla Silver Corp (TSE:VZLA) shot up 3.1% during trading on Friday . The company traded as high as C$4.51 and last traded at C$4.36. 2,147,498 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 2,326,020 shares. The stock had previously closed at C$4.23.

Analyst Ratings Changes

A number of analysts have recently weighed in on VZLA shares. National Bank Financial cut Vizsla Silver from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from C$10.50 to C$6.40 in a research report on Wednesday, February 11th. Canadian Imperial Bank of Commerce downgraded Vizsla Silver from an “outperform” rating to a “neutral” rating in a research note on Friday, March 6th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$8.70.

Vizsla Silver Stock Up 3.1%

The firm’s 50 day simple moving average is C$5.97 and its 200 day simple moving average is C$6.36. The company has a market cap of C$1.52 billion, a price-to-earnings ratio of -8.90 and a beta of 1.51.

Vizsla Silver (TSE:VZLA) last issued its quarterly earnings data on Thursday, March 12th. The company reported C($0.44) earnings per share (EPS) for the quarter.

Vizsla Silver Company Profile

Vizsla Silver Corp is a junior mineral exploration and development company focused on advancing its Panuco silver-gold project located in Sinaloa, Mexico. The property contains quartz-carbonate veins with workings defining both steeply plunging and sub-horizontal ore shoots. Mineralization occurs as silver sulphides including argentite and acanthite, native gold, electrum and native silver associated with pyrite, minor galena, sphalerite and rare chalcopyrite.