Vizsla Silver Corp (AMEX: VZLA)’s stock price has increased by 2.84 compared to its previous closing price of 1.41. However, the company has seen a 8.21% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Despite the volatility in silver prices weighing on the near-term prospects of the Zacks Mining – Silver industry, stocks like PAAS, HL, FSM, VZLA and ASM will likely gain from solid growth projects, efforts to improve operational efficiency and lower costs.
Is It Worth Investing in Vizsla Silver Corp (AMEX: VZLA) Right Now?
The 36-month beta value for VZLA is also noteworthy at 2.14.
The public float for VZLA is 206.58M, and at present, short sellers hold a 0.38% of that float. The average trading volume of VZLA on May 10, 2024 was 669.03K shares.
VZLA’s Market Performance
VZLA’s stock has seen a 8.21% increase for the week, with a 0.00% drop in the past month and a 3.57% gain in the past quarter. The volatility ratio for the week is 3.11%, and the volatility levels for the past 30 days are at 4.35% for Vizsla Silver Corp The simple moving average for the last 20 days is 4.69% for VZLA stock, with a simple moving average of 22.22% for the last 200 days.
Analysts’ Opinion of VZLA
Many brokerage firms have already submitted their reports for VZLA stocks, with Alliance Global Partners repeating the rating for VZLA by listing it as a “Buy.” The predicted price for VZLA in the upcoming period, according to Alliance Global Partners is $3.25 based on the research report published on May 17, 2023 of the previous year 2023.
VZLA Trading at 9.96% from the 50-Day Moving Average
After a stumble in the market that brought VZLA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.69% of loss for the given period.
Volatility was left at 4.35%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares sank -2.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.63% upper at present.
During the last 5 trading sessions, VZLA rose by +8.21%, which changed the moving average for the period of 200-days by +22.88% in comparison to the 20-day moving average, which settled at $1.3835. In addition, Vizsla Silver Corp saw 16.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VZLA
The total capital return value is set at -0.04. Equity return is now at value -8.56, with -8.44 for asset returns.
Currently, EBITDA for the company is -13.26 million with net debt to EBITDA at 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.23.
Conclusion
In summary, Vizsla Silver Corp (VZLA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
