Vizsla Silver (TSE:VZLA) Trading Down 0.7% – Here’s What Happened

Vizsla Silver Corp (TSE:VZLA) shares were down 0.7% during trading on Tuesday . The company traded as low as C$5.71 and last traded at C$5.88. Approximately 383,010 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 684,118 shares. The stock had previously closed at C$5.92.

Analysts Set New Price Targets

Separately, CIBC increased their price target on shares of Vizsla Silver from C$7.50 to C$9.75 in a report on Friday, October 10th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$7.88.

Vizsla Silver Stock Down 0.7%

The firm has a market capitalization of C$2.02 billion, a price-to-earnings ratio of -98.00 and a beta of 1.25. The company’s 50 day moving average is C$5.79 and its 200 day moving average is C$4.75.

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.