Vizsla Silver (TSE:VZLA) Stock Price Up 10.2% – Here’s Why

Shares of Vizsla Silver Corp (TSE:VZLA) traded 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 were traded during 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 analyst reports. CIBC boosted their target price on Vizsla Silver from C$4.50 to C$5.00 in a research report on Monday, December 2nd. National Bankshares set a C$4.75 price objective on Vizsla Silver and gave the company an “outperform” rating in a report on Thursday, December 19th.

Vizsla Silver Price Performance

The business’s fifty day simple moving average is C$2.48.

Insider Buying and Selling

In related news, Senior Officer Jesus Velador-Beltran sold 50,000 shares of the business’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of C$3.23, for a total transaction of C$161,500.00. Also, Director David Chevallier Cobbold bought 10,000 shares of the business’s 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. Over the last ninety days, insiders bought 31,800 shares of company stock worth $82,463.

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.