Vizsla Silver Corp (VZLA) Shares Plummet Below 1-Year High

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Vizsla Silver Corp (AMEX: VZLA) has experienced a decline in its stock price by -2.42 compared to its previous closing price of 2.07. However, the company has seen a gain of 6.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-11 that Vizsla Silver Corp.’s Panuco project boasts high-grade silver resources with significant exploration potential, aiming for 20M oz in annual production and $1B in annual FCF at $70 silver. The project checks all critical boxes: large resources, economic viability, high upside potential, a good location, and a clear path to production. Key risks include potential share dilution, potential permitting issues, and dependency on rising silver prices for big returns.

Is It Worth Investing in Vizsla Silver Corp (AMEX: VZLA) Right Now?

Company’s 36-month beta value is 2.16.

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The public float for VZLA is 229.68M, and currently, short sellers hold a 1.36% ratio of that floaft. The average trading volume of VZLA on October 16, 2024 was 1.18M shares.

VZLA’s Market Performance

The stock of Vizsla Silver Corp (VZLA) has seen a 6.32% increase in the past week, with a 5.21% rise in the past month, and a 2.02% gain in the past quarter. The volatility ratio for the week is 4.13%, and the volatility levels for the past 30 days are at 4.57% for VZLA. The simple moving average for the past 20 days is 2.43% for VZLA’s stock, with a 24.89% simple moving average for the past 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 4.02% 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 -8.60% of loss for the given period.

Volatility was left at 4.57%, however, over the last 30 days, the volatility rate increased by 4.13%, as shares surge +5.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.78% upper at present.

During the last 5 trading sessions, VZLA rose by +6.32%, which changed the moving average for the period of 200-days by +61.60% in comparison to the 20-day moving average, which settled at $1.97. In addition, Vizsla Silver Corp saw 61.60% 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 -0.12. Equity return is now at value -1.45, with -1.43 for asset returns.

Currently, EBITDA for the company is -15.61 million with net debt to EBITDA at 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 38.90.

Conclusion

In a nutshell, Vizsla Silver Corp (VZLA) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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