Brokers Set Expectations for Vizsla Silver Corp.’s FY2028 Earnings (NYSE:VZLA)

Vizsla Silver Corp. (NYSE:VZLA) – Stifel Canada issued their FY2028 earnings estimates for Vizsla Silver in a report released on Wednesday, October 2nd. Stifel Canada analyst S. Soock anticipates that the company will post earnings per share of $0.54 for the year. The consensus estimate for Vizsla Silver’s current full-year earnings is ($0.03) per share. Stifel Canada also issued estimates for Vizsla Silver’s FY2029 earnings at $0.66 EPS.

Vizsla Silver (NYSE:VZLA) last issued its earnings results on Thursday, September 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01).

A number of other equities analysts have also issued reports on the stock. CIBC raised their price target on shares of Vizsla Silver from $3.50 to $4.50 and gave the stock an “outperformer” rating in a research report on Monday, July 29th. HC Wainwright increased their price objective on shares of Vizsla Silver from $3.50 to $3.75 and gave the stock a “buy” rating in a research note on Thursday, July 25th.

Vizsla Silver Stock Up 3.2 %

Shares of NYSE:VZLA opened at $1.95 on Friday. Vizsla Silver has a 52-week low of $0.96 and a 52-week high of $2.21. The stock has a market cap of $529.87 million, a price-to-earnings ratio of -39.00 and a beta of 0.97. The business has a 50-day moving average price of $1.94 and a 200-day moving average price of $1.73.

Institutional Trading of Vizsla Silver

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sprott Inc. raised its position in shares of Vizsla Silver by 6.0% in the fourth quarter. Sprott Inc. now owns 15,950,585 shares of the company’s stock worth $20,207,000 after acquiring an additional 897,430 shares during the period. Equinox Partners Investment Management LLC purchased a new position in shares of Vizsla Silver in the 1st quarter valued at about $7,023,000. LGT Fund Management Co Ltd. acquired a new position in Vizsla Silver in the 2nd quarter worth about $531,000. Marshall Wace LLP acquired a new position in Vizsla Silver in the 2nd quarter worth about $407,000. Finally, K2 Principal Fund L.P. purchased a new position in Vizsla Silver during the second quarter worth approximately $160,000. Institutional investors and hedge funds own 22.46% of the company’s stock.

About Vizsla Silver

Vizsla Silver Corp. engages in the exploration, and development of precious and base metal assets. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco Project covering an area of 7,189.5 hectares located in located in southern Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.