Vizsla Silver (TSE:VZLA)
TSX:VZLA
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Vizsla Silver
(TSX:VZLA)
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Rating:45Neutral
Price Target:
C$4.00
▼(-12.28% Downside)
Action:ReiteratedDate:03/15/26
The score is primarily weighed down by weak financial performance (pre-revenue, ongoing losses and cash burn, and higher balance-sheet risk from meaningful new debt) and bearish technicals (price below key moving averages with negative MACD). Valuation is difficult to assess with a negative P/E and no dividend yield data, providing limited offset.
Positive Factors
Balance sheet cushion
A sizable equity base and growing assets provide a durable financial cushion that supports ongoing exploration and technical studies without immediate revenue. This reduces near-term liquidation risk and gives management flexibility to time financing or partnerships to advance projects.
Negative Factors
Pre-revenue cash burn
The company remains pre-revenue with persistent operating losses and negative operating cash flow, creating a structural need for external funding. Continued cash burn over months forces recurring financings or partnerships, which can dilute shareholders and delay progression toward development or production.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet cushion
A sizable equity base and growing assets provide a durable financial cushion that supports ongoing exploration and technical studies without immediate revenue. This reduces near-term liquidation risk and gives management flexibility to time financing or partnerships to advance projects.
Read all positive factors
Vizsla Silver (VZLA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.59B
Dividend YieldN/A
Average Volume (3M)733.46K
Price to Earnings (P/E)―
Beta (1Y)2.66
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees66
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.44
Shares Outstanding349,498,840
10 Day Avg. Volume751,560
30 Day Avg. Volume733,460
Financial Highlights & Ratios
PEG Ratio1.56
Price to Book (P/B)1.90
Price to Sales (P/S)0.00
P/FCF Ratio-108.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.34Price Target Upside82.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.1
Revenue Forecast (FY)N/A
Vizsla Silver Business Overview & Revenue Model
Company Description
Vizsla Silver Corp. engages in the acquisition, exploration, and development of mineral resource properties. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco-Copala silver-gold project covering an are...
How the Company Makes Money
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Vizsla Silver Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
48
Neutral
Cash Flow
22
Negative
| 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 | -47.58M | -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
UnderperformOutperform
Sector (61)
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$157.77M | -11.19 | -64.64% | ― | ― | -235.10% | |
50 Neutral | C$211.70M | -59.63 | -5.80% | ― | 8.28% | 87.46% | |
48 Neutral | C$2.54B | -18.63 | -91.20% | ― | 14.32% | 37.85% | |
45 Neutral | C$1.59B | -3.89 | -31.37% | ― | ― | ― | |
43 Neutral | C$255.14M | -21.37 | -41.47% | ― | ― | -60.82% | |
42 Neutral | C$30.51M | -7.83 | 510.34% | ― | ― | 42.57% |
* Basic Materials Sector Average
TSE:VZLA
Vizsla Silver
4.56
1.86
68.89%
TSE:BHS
Bayhorse Silver
0.09
0.04
88.89%
TSE:AGX
Silver X Mining
0.74
0.59
393.33%
TSE:USA
Americas Gold and Silver
7.78
6.08
357.65%
TSE:AAG
Aftermath Silver
0.75
0.31
68.54%
TSE:GRSL
GR Silver Mining
0.31
0.16
100.00%
Vizsla Silver Corporate Events
Business Operations and Strategy
Vizsla Silver Updates on Concordia Tragedy and Reaffirms Commitment to Panuco Project
Negative
Mar 5, 2026
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 priorit...
Business Operations and Strategy
Vizsla Silver Updates on Concordia Security Incident and Panuco Operations
Negative
Feb 12, 2026
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 finan...
Business Operations and Strategy
Vizsla Silver Confirms Tragic Loss of Staff at Concordia Project in Mexico
Negative
Feb 9, 2026
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...
Business Operations and Strategy
Vizsla Silver Halts Some Panuco Operations After Security Incident in Mexico
Negative
Jan 29, 2026
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 ...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Vizsla Silver Moves Panuco Project to Construction Readiness With Strong 2025 Results and Fully Funded Plan
Positive
Jan 20, 2026
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 ...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Vizsla Silver Fully Funds Panuco as Project Moves From Study Stage to Construction Readiness
Positive
Jan 20, 2026
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 ...
Business Operations and Strategy
Vizsla Silver Confirms High-Grade Continuity at Copala With Geotechnical Drilling
Positive
Jan 13, 2026
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 m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.