Vizsla Silver ( (TSE:VZLA) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Vizsla Silver shares came under pressure after the company reported a security incident at its Panuco Project in Mexico that led to ten people being removed from site and forced a temporary halt to nearby operations while authorities and company teams investigate. The disruption adds to investor worries about a business that is still pre‑revenue, consistently loss‑making and burning cash, deepening concerns about the company’s valuation. Although Vizsla Silver has no debt and its stock has shown some positive technical momentum, the lack of earnings, a negative price-to-earnings ratio and no dividend continue to weigh on sentiment and limit upside in the near term.
More about Vizsla Silver
YTD Price Performance: 25.41%
Average Trading Volume: 7,347,435
Technical Sentiment Signal: Buy
Current Market Cap: $2.3B
For further insights into VZLA stock on TipRanks’ Stock Analysis page.
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