Vizsla Silver (TSE:VZLA) Stock Price Down 5.4% – Here’s What Happened

Shares of Vizsla Silver Corp (TSE:VZLA) fell 5.4% on Monday . The stock traded as low as C$2.77 and last traded at C$2.78. 263,157 shares changed hands during trading, a decline of 48% from the average session volume of 503,164 shares. The stock had previously closed at C$2.94.

Analyst Ratings Changes

A number of brokerages have recently commented on VZLA. National Bankshares set a C$4.75 price target on Vizsla Silver and gave the company an “outperform” rating in a report on Thursday, December 19th. CIBC boosted their price target on Vizsla Silver from C$4.50 to C$5.00 in a report on Monday, December 2nd.

Vizsla Silver Price Performance

The company has a fifty day moving average of C$2.63.

Insider Activity at Vizsla Silver

In related news, Director David Chevallier Cobbold purchased 11,800 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of C$2.57 per share, for a total transaction of C$30,326.00. Also, Director Michael Konnert purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average price of C$2.51 per share, with a total value of C$25,137.00. Over the last ninety days, insiders purchased 31,800 shares of company stock worth $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.