Vizsla Silver (TSE:VZLA) Trading 10.2% Higher – Here’s Why

Vizsla Silver Corp (TSE:VZLA)’s stock price rose 10.2% during trading on Monday . The stock traded as high as C$2.76 and last traded at C$2.71. Approximately 211,394 shares were traded 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 research firms have recently commented on VZLA. National Bankshares set a C$4.75 price objective on Vizsla Silver and gave the stock an “outperform” rating in a report on Thursday, December 19th. CIBC raised their price target on shares of Vizsla Silver from C$4.50 to C$5.00 in a report on Monday, December 2nd.

Vizsla Silver Stock Up 5.5 %

The stock has a 50-day moving average of C$2.49.

Insider Buying and Selling

In other news, Director David Chevallier Cobbold acquired 10,000 shares of the company’s stock in a transaction that occurred on 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. Also, Senior Officer Jesus Velador-Beltran sold 50,000 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of C$3.23, for a total transaction of C$161,500.00. Over the last quarter, insiders purchased 31,800 shares of company stock worth $82,463.

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.