Vizsla Silver (TSE:VZLA) Trading Up 10.2% – Still a Buy?

Vizsla Silver Corp (TSE:VZLA) shot up 10.2% during trading on Monday . The stock traded as high as C$2.76 and last traded at C$2.71. 211,394 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 120,909 shares. The stock had previously closed at C$2.46.

Wall Street Analyst Weigh In

VZLA has been the topic of several recent research reports. National Bankshares set a C$4.75 price objective on shares of Vizsla Silver and gave the company an “outperform” rating in a research report on Thursday, December 19th. CIBC raised their price objective on Vizsla Silver from C$4.50 to C$5.00 in a research note on Monday, December 2nd.

Vizsla Silver Stock Up 5.5 %

The company has a 50-day moving average price of C$2.49.

Insider Activity

In other news, Director David Chevallier Cobbold acquired 10,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average cost of C$2.70 per share, for a total transaction of C$27,000.00. Also, Senior Officer Jesus Velador-Beltran sold 50,000 shares of the company’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of C$3.23, for a total value of C$161,500.00. Over the last three months, insiders acquired 31,800 shares of company stock valued at $82,463.

About Vizsla Silver

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.