Vizsla Silver (TSE:VZLA) Reaches New 52-Week High – Here’s Why

Vizsla Silver Corp (TSE:VZLA) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$3.37 and last traded at C$3.12, with a volume of 682571 shares trading hands. The stock had previously closed at C$3.12.

Analysts Set New Price Targets

VZLA has been the topic of a number of analyst reports. National Bankshares set a C$4.75 price target on Vizsla Silver and gave the company an “outperform” rating in a research report on Thursday, December 19th. CIBC upped their price target on Vizsla Silver from C$4.50 to C$5.00 in a research report on Monday, December 2nd.

Vizsla Silver Price Performance

The stock’s 50-day simple moving average is C$2.79.

Insider Transactions at Vizsla Silver

In other news, Senior Officer Jesus Velador-Beltran sold 100,000 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of C$3.20, for a total transaction of C$320,000.00. Also, Director Michael Konnert bought 10,000 shares of the business’s stock in a transaction on Monday, November 18th. The stock was bought at an average cost of C$2.51 per share, for a total transaction of C$25,137.00.

Vizsla Silver Company Profile

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.