Vizsla Silver (TSE:VZLA) Stock Price Expected to Rise, National Bankshares Analyst Says

Vizsla Silver (TSE:VZLAGet Free Report) had its target price lifted by investment analysts at National Bankshares from C$5.75 to C$6.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 53.85% from the stock’s current price.

Vizsla Silver Price Performance

VZLA opened at C$3.90 on Friday. Vizsla Silver has a 12-month low of C$2.28 and a 12-month high of C$5.00. The firm has a 50 day moving average of C$3.79 and a two-hundred day moving average of C$3.22.

Insiders Place Their Bets

In other news, Senior Officer Mahesh Nalinda Liyanage sold 300,000 shares of Vizsla Silver stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of C$5.00, for a total transaction of C$1,500,000.00. Also, Director Michael Konnert sold 323,000 shares of Vizsla Silver stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of C$3.92, for a total transaction of C$1,266,160.00. In the last ninety days, insiders sold 733,000 shares of company stock valued at $3,113,507.

About Vizsla Silver

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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.

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