Vizsla Silver (TSE:VZLA) Stock Price Down 0.6% - Here's What Happened

Key Points

• Shares of Vizsla Silver Corp fell 0.6% to C$5.13, with trading volume down 33% from the average.
• National Bankshares raised the price target from C$5.75 to C$6.00, maintaining an "outperform" rating on the stock.
• Insider buying was noted, with Director David Chevallier Cobbold purchasing 15,048 shares at an average price of C$4.45.

Vizsla Silver Corp (TSE:VZLA - Get Free Report)'s share price fell 0.6% on Thursday . The company traded as low as C$4.99 and last traded at C$5.13. 461,396 shares traded hands during trading, a decline of 33% from the average session volume of 684,680 shares. The stock had previously closed at C$5.16.

Analysts Set New Price Targets

Separately, National Bankshares lifted 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 research note on Friday, June 27th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$5.50.

Vizsla Silver Price Performance

The stock's 50-day moving average is C$4.75 and its 200 day moving average is C$3.98. The company has a market cap of C$1.94 billion, a PE ratio of -94.00 and a beta of 0.93.

Insider Buying and Selling at Vizsla Silver

In other Vizsla Silver news, Director David Chevallier Cobbold purchased 15,048 shares of the business's stock in a transaction that occurred on Friday, July 18th. The stock was purchased 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.