Vizsla Silver (TSE:VZLA) Stock Rating Lowered by Canadian Imperial Bank of Commerce

Vizsla Silver (TSE:VZLA) was downgraded by investment analysts at Canadian Imperial Bank of Commerce from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday,BayStreet.CA reports.

Separately, National Bank Financial lowered Vizsla Silver from an “outperform” rating to a “sector perform” rating and cut their price target for the company from C$10.50 to C$6.40 in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average target price of C$8.70.

Vizsla Silver Stock Performance

TSE VZLA opened at C$5.45 on Friday. The firm’s fifty day moving average price is C$6.92 and its two-hundred day moving average price is C$6.39. The stock has a market cap of C$1.88 billion, a PE ratio of -90.83 and a beta of 1.51. Vizsla Silver has a fifty-two week low of C$2.40 and a fifty-two week high of C$9.82.

Vizsla Silver (TSE:VZLA) last announced its quarterly earnings results on Thursday, December 11th. The company reported C($0.02) EPS for the quarter.

About Vizsla Silver

Vizsla Silver Corp is a junior mineral exploration and development company focused on advancing its Panuco silver-gold project located in Sinaloa, Mexico. The property contains quartz-carbonate veins with workings defining both steeply plunging and sub-horizontal ore shoots. Mineralization occurs as silver sulphides including argentite and acanthite, native gold, electrum and native silver associated with pyrite, minor galena, sphalerite and rare chalcopyrite.