CIBC Raises Vizsla Silver (TSE:VZLA) Price Target to C$11.00

Vizsla Silver (TSE:VZLA) had its price objective increased by equities research analysts at CIBC from C$9.75 to C$11.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. CIBC’s price objective would indicate a potential upside of 68.97% from the stock’s current price.

Vizsla Silver Price Performance

VZLA traded down C$0.13 during midday trading on Thursday, reaching C$6.51. 480,388 shares of the company’s stock were exchanged, compared to its average volume of 686,086. Vizsla Silver has a 1-year low of C$2.36 and a 1-year high of C$7.10. The stock has a market capitalization of C$2.24 billion, a PE ratio of -108.50 and a beta of 1.25. The business’s 50-day moving average price is C$5.82 and its 200 day moving average price is C$4.76.

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.