Vizsla Silver (TSE:VZLA) Trading Down 16.5% – Should You Sell?

Vizsla Silver Corp (TSE:VZLA) dropped 16.5% on Thursday . The stock traded as low as C$7.66 and last traded at C$7.73. Approximately 4,352,279 shares changed hands during trading, an increase of 176% from the average daily volume of 1,579,191 shares. The stock had previously closed at C$9.26.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. CIBC upped their target price on Vizsla Silver from C$9.75 to C$11.00 in a report on Thursday, November 13th. National Bankshares set a C$7.75 price objective on shares of Vizsla Silver and gave the company an “outperform” rating in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Vizsla Silver presently has an average rating of “Buy” and an average target price of C$9.38.

Vizsla Silver Stock Down 14.9%

The company has a market cap of C$2.71 billion, a price-to-earnings ratio of -131.33 and a beta of 1.70. The firm has a 50 day moving average price of C$7.60 and a two-hundred day moving average price of C$6.14.

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