Vizsla Silver (TSE:VZLA) Sets New 52-Week High – Here’s Why

Shares of Vizsla Silver Corp (TSE:VZLA) hit a new 52-week high on Monday . The company traded as high as C$3.37 and last traded at C$3.32, with a volume of 674045 shares trading hands. The stock had previously closed at C$3.23.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on VZLA shares. National Bankshares set a C$4.75 target price on shares of Vizsla Silver and gave the stock an “outperform” rating in a report on Thursday, December 19th. CIBC increased their price objective on shares of Vizsla Silver from C$4.50 to C$5.00 in a report on Monday, December 2nd.

Vizsla Silver Trading Up 1.9 %

The stock’s fifty day moving average price is C$2.95.

Insider Activity

In other news, Senior Officer Jesus Velador-Beltran sold 100,000 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of C$3.20, for a total transaction of C$320,000.00.

Vizsla Silver Company Profile

With a team of experienced natural resource professionals, Vizsla Silver Corp. is focused on growing shareholder value by exploring, developing and acquiring precious and base metal assets. The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán.