Vizsla Silver Corp (AMEX:VZLA) shares, rose in value, with the stock price up by 7.95% to the previous day’s close as strong demand from buyers drove the stock to $2.38.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.20, falling within a range of $2.28 and $2.38. The value of beta (5-year monthly) is 2.198. Referring to stock’s 52-week performance, its high was $2.39, and the low was $1.07. On the whole, VZLA has fluctuated by 18.16% over the past month.
With the market capitalization of Vizsla Silver Corp currently standing at about $675.95 million, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VZLA’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 25% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of VZLA currently trading nearly 12.28% and 21.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.30, while the 7-day volatility ratio is showing 4.21% which for the 30-day chart, stands at 4.50%. Furthermore, Vizsla Silver Corp (VZLA)’s beta value is 1.87, and its average true range (ATR) is 0.11.
A comparison of Vizsla Silver Corp (VZLA) with its peers suggests the former has fared considerably weaker in the market. VZLA showed an intraday change of 7.95% in today’s session so far, and over the past year, it grew by 85.55%%.
Data on historical trading for Vizsla Silver Corp (AMEX:VZLA) indicates that the trading volumes over the past 10 days have averaged 1.54 and over the past 3 months, they’ve averaged 1.50 million. According to company’s latest data on outstanding shares, there are 278.49 million shares outstanding.
Nearly 7.92% of Vizsla Silver Corp’s shares belong to company insiders and institutional investors own 36.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.98 million shares as on 2024-11-29, resulting in a short ratio of 4.08. According to the data, the short interest in Vizsla Silver Corp (VZLA) stood at 265.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 1.84 million. The stock has risen by 38.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VZLA stock heading into the next quarter.
