Vizsla Silver (TSE:VZLA) Releases Quarterly Earnings Results

Vizsla Silver (TSE:VZLA) released its quarterly earnings results on Thursday. The company reported C($0.44) earnings per share (EPS) for the quarter, FiscalAI reports.

Vizsla Silver Price Performance

TSE VZLA traded down C$0.33 during trading hours on Friday, reaching C$4.98. 358,949 shares of the company’s stock traded hands, compared to its average volume of 2,204,884. Vizsla Silver has a 52-week low of C$2.40 and a 52-week high of C$9.82. The firm has a market cap of C$1.71 billion, a PE ratio of -83.00 and a beta of 1.51. The firm has a 50-day simple moving average of C$6.75 and a 200 day simple moving average of C$6.39.

Analysts Set New Price Targets

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

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.