Vizsla Silver (TSE:VZLA) Hits New 1-Year High – What’s Next?

Vizsla Silver Corp (TSE:VZLA) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$7.70 and last traded at C$7.57, with a volume of 524637 shares trading hands. The stock had previously closed at C$7.39.

Analysts Set New Price Targets

Several research firms recently commented on VZLA. National Bankshares set a C$7.75 price objective on Vizsla Silver and gave the stock an “outperform” rating in a report on Tuesday, November 25th. CIBC lifted their price target on shares of Vizsla Silver from C$9.75 to C$11.00 in a research note on Thursday, November 13th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Vizsla Silver has an average rating of “Buy” and a consensus price target of C$9.38.

Vizsla Silver Stock Down 1.5%

The company has a market cap of C$2.67 billion, a P/E ratio of -129.33 and a beta of 1.49. The business has a fifty day simple moving average of C$6.46 and a two-hundred day simple moving average of C$5.44.

Vizsla Silver (TSE:VZLA) last released its quarterly earnings results on Thursday, December 11th. The company reported C($0.02) EPS for the quarter.

About Vizsla Silver

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.