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Vizsla Silver
(TSX:VZLA)
Vizsla Silver (VZLA) vs. iShares MSCI Canada ETF (EWC)
Vizsla Silver Business Overview & Revenue Model
Vizsla Silver Financial Statement Overview
| Breakdown | TTM | Apr 2024 | Apr 2023 | Apr 2022 | Jul 2021 | Jul 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -155.26K | -249.33K | -328.98K | -269.19K | -62.29K | -11.10K |
| EBITDA | -26.50M | -8.10M | -15.91M | -13.77M | -20.70M | -10.48M |
| Net Income | -165.01M | -7.85M | -15.95M | -13.59M | -15.27M | -11.10M |
Balance Sheet | ||||||
| Total Assets | 1.02B | 414.94M | 272.78M | 238.60M | 165.93M | 39.48M |
| Cash, Cash Equivalents and Short-Term Investments | 585.22M | 144.52M | 37.55M | 52.72M | 30.48M | 19.40M |
| Total Debt | 318.37M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 537.93M | 6.39M | 3.68M | 6.46M | 10.15M | 1.29M |
| Stockholders Equity | 481.65M | 408.55M | 269.11M | 232.15M | 155.79M | 38.18M |
Cash Flow | ||||||
| Free Cash Flow | -26.44M | -7.18M | -16.51M | -24.16M | -33.19M | -6.47M |
| Operating Cash Flow | -19.13M | -6.99M | -14.48M | -12.31M | -14.18M | -6.39M |
| Investing Cash Flow | -200.00M | -40.23M | 4.92M | -83.21M | -47.48M | -11.87M |
| Financing Cash Flow | 605.61M | 145.79M | 33.73M | 74.68M | 72.75M | 35.08M |
Vizsla Silver Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$170.48M | -11.19 | -64.64% | ― | ― | -235.10% | |
50 Neutral | C$231.52M | -59.63 | -6.09% | ― | 8.28% | 87.46% | |
45 Neutral | $1.71B | -3.89 | -3.13% | ― | ― | ― | |
44 Neutral | C$2.76B | -39.03 | -113.86% | ― | 14.32% | 37.85% | |
44 Neutral | C$281.29M | -21.37 | -41.47% | ― | ― | -60.82% | |
42 Neutral | C$32.30M | -7.83 | 510.34% | ― | ― | 42.57% |
Vizsla Silver Corporate Events
Vizsla Silver has provided a somber update from its Panuco project area in Concordia, Mexico, confirming that two more of the ten colleagues taken from its site have been found deceased, while three remain missing. The company states it is prioritizing support for affected families and employees, emphasizing that the safety and security of workers and community members remain its highest concern.
Management says Vizsla Silver continues to cooperate fully with Mexican authorities as search and investigation efforts proceed, while reviewing and strengthening security protocols in coordination with local officials. Despite the tragedy, the company reiterates its belief in the long-term potential of the Panuco project and its commitment to working with the Concordia community to chart a safe, responsible path forward, a stance likely to be closely watched by investors and local stakeholders.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver has provided an update on the security situation in Concordia, confirming that five colleagues remain unaccounted for and emphasizing its support for affected families, employees and the local community. The company is offering financial and practical assistance, counselling and flexible work arrangements, while working closely with Mexican authorities and maintaining strict ethical and legal standards.
Management stressed that safety and security remain paramount, highlighting longstanding investments in risk management and the use of internationally recognized security advisors. While on-site operations at the Panuco project are suspended, engineering and planning work continues remotely, underscoring Vizsla Silver’s determination to advance key project milestones and safeguard long-term value for stakeholders.
The company is conducting a thorough review of the circumstances surrounding the recent tragic events and has pledged to communicate only confirmed information as it becomes available. Vizsla Silver reiterated its zero-tolerance stance on bribery, corruption and unlawful conduct, and reaffirmed its commitment to responsibly developing the Panuco district and sustaining investment in the Concordia community over the long term.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$6.40 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver has announced that several employees who were previously taken from its project site in Concordia, Mexico, have been found deceased, according to information received from their families. The company is awaiting official confirmation from Mexican authorities and has pledged to provide further updates as they become available.
President and CEO Michael Konnert expressed deep sorrow over the deaths, extending condolences to the victims’ families, colleagues, and the Concordia community. Vizsla Silver emphasized that its immediate focus is on the safe recovery of those still missing and on supporting all affected families and staff during this crisis, underscoring the gravity of security and humanitarian concerns around its operations.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has confirmed that ten individuals have been taken from its Panuco Project site in Concordia, Mexico, in a security incident that remains under investigation with limited information currently available. Local authorities have been notified, the company’s crisis management and security teams have been activated, and certain activities at and near the project site have been temporarily suspended as a precaution, underscoring both the immediate focus on the safety and wellbeing of the affected individuals and the potential for short-term disruption to operations at the project.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.50 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver reported that 2025 marked a major transition year as it moved the Panuco project toward construction readiness, underpinned by an updated mineral resource estimate showing a 43% increase in measured and indicated resources at higher grades and an inaugural feasibility study outlining robust economics, including average annual production of more than 20 million ounces of silver equivalent in the first five years, a US$1.8 billion after-tax NPV, and a 111% internal rate of return. The company advanced its fully permitted test mine to the 460 level, continued underground and district-wide exploration with notable high-grade discoveries at the Animas target, secured more than US$450 million in cash including a US$300 million project financing facility, and laid out 2026 objectives focused on detailed engineering, contractor selection, additional drilling, geophysical surveys, and new target work, positioning Panuco as a well-funded, high-growth development asset targeting first silver production in 2027.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver’s 2025 year-end update underscores a major transition from study and exploration toward full construction readiness at its Panuco silver-gold project, driven by a substantially upgraded mineral resource estimate and a November feasibility study outlining an initial 9.4-year mine life, average annual production of 20.1 million silver-equivalent ounces in the first five years, and robust project economics including an after-tax NPV of US$1.8 billion and a 111% IRR at the company’s price assumptions. With more than US$450 million in cash and a US$300 million project financing facility in place, Panuco is now fully funded, and Vizsla is prioritizing detailed engineering, contractor selection, expanded drilling and test mining, and broader district exploration in 2026, as it advances toward first silver production targeted for the second half of 2027 and seeks to further de-risk and enhance project value for shareholders and local stakeholders.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver reported additional high-grade silver-gold intercepts from 11 geotechnical drill holes at the Copala resource area within its Panuco project in Mexico, with several holes returning exceptionally strong silver-equivalent grades over meaningful widths. The geotechnical drilling, which forms part of a broader 10,578-metre, 29-hole program used in the company’s feasibility study, doubles as infill drilling that confirms robust grade continuity at Copala and supports upgrading resources, particularly in the early years of the planned mine life. The results reinforce Copala’s status as a cornerstone deposit within Panuco, where measured, indicated and inferred resources already total more than 159 million ounces of silver equivalent, and they dovetail with an ongoing, fully funded test mining and bulk sampling program and a new underground infill drilling campaign from the Morgan ramp, aimed at further de-risking and optimizing future production.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$8.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver has agreed to acquire ten mining claims totaling 2,378 hectares from Fresnillo subsidiary Minera Fresnillo along the silver-gold-rich Panuco–San Dimas corridor, including 1,734 hectares of strategic ground that partly surrounds its flagship Panuco project and covers areas believed to host extensions of known mineralized veins. The US$6 million transaction, split between cash and Vizsla shares, is expected to give the company additional high-priority exploration targets adjacent to zones already included in its Panuco feasibility study, potentially expanding the project’s resource base over time and enhancing future mine economics and district-scale positioning in one of Mexico’s key precious metals belts.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.