H.C. Wainwright Remains a Buy on Vizsla Silver (VZLA)

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Vizsla Silver (VZLAResearch Report), with a price target of $2.75. The company’s shares closed yesterday at $1.32.

According to TipRanks, Ihle is an analyst with an average return of -10.0% and a 37.88% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Energy Fuels, and Victoria Gold.

Currently, the analyst consensus on Vizsla Silver is a Moderate Buy with an average price target of $2.61.

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VZLA market cap is currently $235.3M and has a P/E ratio of -29.53.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VZLA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Vizsla Resources Corp is a mineral exploration company. It is engaged in the discovery, development, and acquisition of precious and base metal assets. The company currently owns the Blueberry Project, a highly-prospective copper asset in British Columbia, Canada, and Panuco-Copala property in Mexico.

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