Vizsla Silver (TSE:VZLA) Price Target Raised to C$7.50

Key Points

• Vizsla Silver's price target has been raised by CIBC from C$7.00 to C$7.50, indicating a potential upside of 33.45% from its previous close.
• National Bankshares has also increased its price objective for Vizsla Silver from C$5.75 to C$6.00, maintaining an "outperform" rating on the stock.
• Shares of Vizsla Silver traded up 3.3% to C$5.62, amidst notable insider activity with Director David Chevallier Cobbold acquiring 15,048 shares at an average price of C$4.45.

Vizsla Silver (TSE:VZLA - Get Free Report) had its price target hoisted by analysts at CIBC from C$7.00 to C$7.50 in a report released on Thursday,BayStreet.CA reports. CIBC's price target would suggest a potential upside of 33.45% from the stock's previous close.

Separately, National Bankshares boosted their price objective on shares of Vizsla Silver from C$5.75 to C$6.00 and gave the stock an "outperform" rating in a report on Friday, June 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Vizsla Silver presently has a consensus rating of "Buy" and an average target price of C$6.75.

Vizsla Silver Stock Up 3.3%

Shares of Vizsla Silver stock traded up C$0.18 during mid-day trading on Thursday, hitting C$5.62. The stock had a trading volume of 389,258 shares, compared to its average volume of 687,892. The firm has a market cap of C$1.93 billion, a P/E ratio of -93.67 and a beta of 0.93. The firm has a 50-day moving average of C$4.82 and a two-hundred day moving average of C$4.02. Vizsla Silver has a 12-month low of C$2.33 and a 12-month high of C$5.82.

Insider Activity at Vizsla Silver

In related news, Director David Chevallier Cobbold bought 15,048 shares of Vizsla Silver stock in a transaction that occurred on Friday, July 18th. The stock was acquired at an average price of C$4.45 per share, for a total transaction of C$66,963.60.

About Vizsla Silver

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.

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