Vizsla Silver (TSE:VZLA) Stock Price Up 10.2% – Should You Buy?

Vizsla Silver Corp (TSE:VZLA)’s stock price rose 10.2% during trading on Monday . The company traded as high as C$2.76 and last traded at C$2.71. Approximately 211,394 shares traded hands during trading, an increase of 75% from the average daily volume of 120,909 shares. The stock had previously closed at C$2.46.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VZLA shares. CIBC raised their price target on shares of Vizsla Silver from C$4.50 to C$5.00 in a research note on Monday, December 2nd. National Bankshares set a C$4.75 price target on shares of Vizsla Silver and gave the stock an “outperform” rating in a research report on Thursday, December 19th.

Vizsla Silver Stock Performance

The business’s fifty day moving average price is C$2.48.

Insider Activity at Vizsla Silver

In other Vizsla Silver news, Senior Officer Jesus Velador-Beltran sold 50,000 shares of the firm’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of C$3.23, for a total value of C$161,500.00. Also, Director David Chevallier Cobbold bought 10,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average price of C$2.70 per share, with a total value of C$27,000.00. In the last three months, insiders have bought 31,800 shares of company stock valued at $82,463.

About Vizsla Silver

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.