Vizsla Silver (TSE:VZLA) Trading Down 15.9% – Should You Sell?

Vizsla Silver Corp (TSE:VZLA) shares traded down 15.9% during trading on Thursday . The company traded as low as C$7.66 and last traded at C$7.79. 2,560,729 shares were traded during trading, an increase of 81% from the average session volume of 1,411,647 shares. The stock had previously closed at C$9.26.

Wall Street Analyst Weigh In

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

Vizsla Silver Price Performance

The stock has a 50 day moving average of C$7.60 and a 200 day moving average of C$6.14. The firm has a market cap of C$2.67 billion, a P/E ratio of -129.33 and a beta of 1.70.

Vizsla Silver (TSE:VZLA) last posted its quarterly earnings data on Thursday, December 11th. The company reported C($0.02) 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.