Vizsla Silver (TSE:VZLA) Cut to “Sector Perform” at National Bank Financial

National Bank Financial downgraded shares of Vizsla Silver (TSE:VZLA) from an outperform rating to a sector perform rating in a report published on Wednesday morning,BayStreet.CA reports. They currently have C$6.40 target price on the stock, down from their previous target price of C$10.50.

Separately, Canadian Imperial Bank of Commerce lifted their price target on shares of Vizsla Silver from C$9.75 to C$11.00 in a research note on Thursday, November 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$8.70.

Vizsla Silver Price Performance

Shares of TSE:VZLA opened at C$5.20 on Wednesday. Vizsla Silver has a 1 year low of C$2.40 and a 1 year high of C$9.82. The company has a market cap of C$1.79 billion, a P/E ratio of -86.67 and a beta of 1.74. The stock’s fifty day moving average price is C$7.50 and its 200-day moving average price is C$6.27.

Vizsla Silver (TSE:VZLA) last released its quarterly earnings data on Thursday, December 11th. The company reported C($0.02) EPS for the quarter.

Vizsla Silver Company Profile

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.